RIV Capital, a holding company based in Luxembourg, has recently announced the presale of its new cryptocurrency, RIV Coin. This latest cryptocurrency wants to carve a niche for itself by backing itself with something tangible—as in, real-world assets. This strategy is aimed to offer even greater protection and accountability to investors. Mr. Rivera, the visionary behind RIV Coin and RIV Capital, is unequivocally focused. His ultimate goal is to make RIV Coin the world’s most secure and regulation-compliant cryptocurrency.
RIV Coin applies the Zero Knowledge Proof protocol to protect users and their transaction data. It secures and authenticates values on the blockchain by utilizing real-time data feeds from undisputed third-party sources. Nodes of RIV Coin actively validate transactions. They serve an important function in governing the Decentralized Autonomous Organization (DAO), which is literally organized as a foundation. On a fully diluted basis, RIV Capital has an eye-popping pre-money valuation of roughly 120 million euros. The company has the added advantage of a positive adjusted EBITDA of about 7.5 million euros.
Security and Compliance at the Forefront
Mr. Rivera, formerly of Lehman Brothers, brings a wealth of experience from European and American investment firms in London, Frankfurt, and Milan to this venture. He wants RIV Coin to be the cryptocurrency that people can depend on and trust. This aspirational vision is refreshing in a market so frequently characterized by confusion.
"We want this cryptocurrency to be regarded as the most secure in the world in terms of the reliability of its structure and compliance with international regulations. We have built with integrity an infrastructure to serve users exclusively." - Mr. Rivera
RIV Coin’s tokenomics incentivize the type of investors that seek long-term security. It ensures an inventory of tangible assets backing the reserve and outlaws rehypothecation, addressing some of the fears that have recently come to light in the crypto ecosystem.
Innovative Technology and Governance
Zero Knowledge Proof protocol adoption is the bedrock of RIV Coin’s emphasis on security. This protocol ensures that each transaction is validated and notarized onto the public blockchain. Third party, independent, external entities determine the values on a real-time basis. This mechanism provides an additional layer of transparency and assurance to the cryptocurrency.
RIV Coin’s nodes help validate transactions and guarantee their integrity. In addition to being DAO stakeholders, they actively participate in governing the DAO. Like the Ethereum DAO, this new one is set up as a foundation — a relatively simple legal framework for an amorphous crypto operating model. The active participation of node operators in governance decisions provides a decentralized and community-driven approach to governance and decision-making.
RIV Capital's Investment Strategy and Financial Standing
RIV Capital, the parent company of RIV Coin, has a strong investment portfolio. This includes a 15% share of Billionaire Dubai, a super-luxury hot spot conceived by Flavio Briatore. The company's investment strategy has yielded a total return of 33.47% since its inception, demonstrating its ability to generate significant returns.
The company's investment approach mirrors that of RAIF, a Luxembourg alternative fund, indicating a sophisticated and strategic approach to asset management. RIV Capital has paid deposits to UBS Luxembourg. They have been diligent in diversifying their capital allocation – a robust commitment to fiscal prudence and stability.
Regulatory Landscape and Future Prospects
The European MiCAR authorization regime is deeply foundational for RIV Coin. As of 7 July 2023, all but one of these institutions—53 in total—have already received MiCAR authorization. This regulatory environment creates a clear pathway for cryptocurrency companies to be regulated entities in Europe. It builds investor confidence and increases market stability.
RIV Coin’s architecture with a diverse, finite reserve of real-world assets and no rehypothecation is built to draw investors looking for real security and safety. The company's commitment to transparency and compliance with international regulations sets it apart from many other cryptocurrencies in the market.
"In a crypto landscape still dominated by regulatory opacity and ambiguity, RIV Coin proposes itself as a clean break with the past: the choice to exclude a priori rehypothecation, to guarantee a real underlying validated by independent third parties, and to base the entire issuance on a legally structured DAO represents a radical statement of intent: to restore trust where others have compromised it," - Mr. Rivera
