10th November 2021 - Pocket Network announced today that it has signed an advisory agreement with RockTree Capital to provide strategic support as part of the blockchain company’s aggressive growth plans into Asia as it expands nodes, infrastructure, media activity and revenue sources globally.
RockTree Capital, a merchant bank and fund from China has invested into Pocket and has designed a go-to-market strategy for the company in the Greater China region as well as other Asian markets where demand from community, investors and exchanges remain strong for high calibre projects that have the ability to scale rapidly.
RockTree Capital specializes in investing into and accelerating the growth of top tier blockchain projects in the Asia market, focusing on transaction execution, token exchange listing, international legal compliance, community and market development.
“We identify blockchain projects with dramatic scalability, high quality team members, utility permanence then localize them in the massive Asian market which then unleashes their accelerated growth trajectory” said Omer Ozden, CEO of RockTree Capital adding “Pocket Network’s middleware technology and crypto native multi-jurisdictional team sit in the sweet spot of the type of project the Asian market seeks from overseas projects.”
Pocket Network is the leading cloud network for decentralized applications which coordinates data across dozens of blockchain networks including Ethereum, Polygon, Harmony, Solana; with more being added every month. Pocket Network is currently processing billions of requests per month and is spread across a growing and global network of 9000 nodes whose work is rewarded in the POKT token.
Michael O’Rourke, CEO and Founder of Pocket Network commented:
“This past year, Pocket Network has demonstrated it’s product market fit and is now the leading decentralized infrastructure network for blockchain applications. Now is the time to expand our presence and utilization worldwide. The decision to partner with Rocktree Capital to help lead this was a no-brainer given their deep experience in helping to scale blockchain brands globally.“
Pocket Network with the support of RockTree Capital will now undertake extensive community building, market education, network expansion and team growth in the Asia region which accounts for a large percentage of the liquidity and activity in the blockchain market.
Omer Ozden is CEO of RockTree Capital, a merchant bank and fund based in China focused on blockchain projects and mobile e-commerce companies, with offices in Beijing, Shanghai, New York and Toronto. RockTree Capital invests into top tier blockchain projects and accelerates their growth in Asia such as dYdX and Casper.
He is also International Partner of ZhenFund, China’s leading Angel investment fund and Investment Director of Decental Park Capital, a rising fund focused exclusively on DeFi. Mr. Ozden has a background in finance and is also an international securities lawyer and former partner with Baker & McKenzie LLP in New York. He was also previously an associate with Morrison & Foerster LLP in their Hong Kong office. His career spans more than 550 deals totaling over $35 Billion including venture capital investments, initial public offerings and other transactions for such companies as NetEase, Alibaba, Baidu, New Oriental and Facebook.
The RockTree Capital team has collectively executed over 120 public security offerings and initial coin offerings (ICOs) and hundreds of private securities offerings in 18 countries across a broad range of sectors. RockTree Capital partners are Huobi (one of the largest global cryptocurrency exchanges) and ZhenFund (the leading early stage fund in China).
Pocket Network
Michael O’Rourke is a self-taught IOS and Solidity developer who previously owned and operated a blockchain development agency before identifying the need for decentralized infrastructure in 2016 and beginning to build what is now Pocket Network. Michael was also on the ground level of Tampa Bay’s largest Bitcoin/Crypto meetup and consultancy, Blockspaces, with a focus on teaching developers Solidity.
About
Pocket Network, a blockchain data ecosystem for Web3 applications is a platform built for applications that uses cost-efficient economics to coordinate and distribute data at scale. It enables seamless and secure interactions between blockchains and across applications. With Pocket, the use of blockchains can be simply integrated into websites, mobile apps, IoT and more, giving developers the freedom to put blockchain enabled applications into the “pocket” of every mainstream consumer.
For more information visit: Pocket Network