SAN FRANCISCO, September 2018 – US Capital Global and Ternio, LLC (“Ternio”) have partnered for a $10 million preferred equity raise for the firm. Based in Georgia, this early-stage blockchain company is seeking funds to launch its own custom, high-speed blockchain platform, Lexicon and develop its own prepaid cryptocard, to be used wherever VISA is accepted..
Headquartered in San Francisco, US Capital Global is a full-service private financial group with an established track record in debt and equity finance and capital raise services. The firm focuses on providing lower middle market businesses and investors with sophisticated debt, equity, and investment products usually available only to larger companies and institutional investors.
“This is an exciting time for Ternio as we move forward in the development of our patent pending blockchain platform,” said Daniel Gouldman, co-founder of Ternio. “In raising capital to develop our BlockCard™ and accelerate our overall company growth, US Capital Global’s financial insight and support will be an invaluable asset.”
“We are very pleased to be working with Ternio on this $10 million preferred equity raise as its exclusive financial partner,” said Jeffrey Sweeney, Chairman and CEO at US Capital Global. “As Ternio forges ahead with Lexicon Blockchain platform, it aims to become the first platform for high-speed, high-volume B2B transactions along with its own Block Card™. The opportunity to participate in Ternio’s $10 million preferred equity raise will soon be open to eligible investors on our digital investment platform, managed by FINRA-registered firm US Capital Global Securities, LLC.”
About Ternio
Ternio, LLC (“Ternio”) is a scalable blockchain company pioneering high-speed, high-volume B2B blockchain transactions through its custom, permission-based platform, Lexicon. Capable of delivering one million transactions per second with complete privacy and total transparency, Lexicon is fully decentralized, auditable and versatile, providing blockchain solutions across any industry. Ternio is currently developing Block Card™, a prepaid cryptocard accepted anywhere that VISA is accepted.
About US Capital Global
Since 1998, the US Capital team has been committed to providing small and lower middle market businesses and investors with sophisticated debt, equity, and investment opportunities usually available only to larger middle market companies and institutional investors. The US Capital Global group manages direct investment funds and provides wealth management and capital raise services. Operating with its registered investment bank affiliate, US Capital Global Securities, LLC, the firm acts as a licensed placement agent for companies, funds, and projects, and collaborates closely with its peers in professional banking and investment advisory. www.uscapglobal.com
To learn more about US Capital Global, email Jeffrey Sweeney, Chairman and CEO, at jsweeney@uscapglobal.com or call +1 415-889-1010.
