Double Peak Capital, joins the Cudos validator network, further expanding the globally decentralized network and securing a key strategic region in Asia.
Strategically located in Hong Kong, Double Peak Capital specialize in spotting up-and-coming blockchain projects that clearly demonstrate a long-term value proposition. By investing into infrastructure to support the Cudos network, Double Peak Capital becomes an official Cudos validator, locking in their commitment for the long term. The benefit to the Cudos network is clear, with Double Peak Capital both strategically located within one of the highest density markets in the World, and with a deep network within the crypto and blockchain industry.
“At Double Peak, we adopt a philosophy of value investing and making key investments with a long-term horizon. For Cudos in particular, we have committed not only in purchasing tokens, but also investing into the equity round, as well as participating as one of 30 Validator Nodes on the Cudos Network. Being part of the Cudos community from the very start, has given us the opportunity to participate in history in the making. As the saying goes, great minds think alike. We are extremely proud of what the team has achieved, and the greater community that has been actively involved in helping Cudos scale.”
“This is an exciting milestone and this launch is just the beginning. Cudos has the potential to drastically transform the world through their decentralized compute network. We hope to deepen our collaboration with the team and community so that we can together create world-changing applications.” — Mike Kam, Co-founder at Double Peak
“Mike and the team immediately recognized our vision, understood our technology and showed their support, both financially and through their network. We are proud to call them partners and unlock a key strategic region at the same time.” — Matt Hawkins, CEO of Cudos
Founded in 2017, Double Peak is a family-office focused on investments in the digital asset and blockchain space. As one of the first family-offices based out of Asia focusing on digital assets, Double Peak adopts a philosophy of value investing and making key investments with a long-term horizon. The ultimate vision is to bridge cutting-edge decentralized technologies between China and International Markets.
Double Peak has invested in a multitude of areas including: Asset Management, Banking & Payments, Cross-Chain Platforms, Gaming/NFTs, CeFi-DeFi Bridges, Infrastructure, Investment Funds, Privacy/Security and Trading & Exchange.
Cudos is bridging the gap between Cloud and Blockchain, by using the world’s available computing to power a more decentralized, sustainable and connected world.
Cudos is being designed as a cross-chain, decentralized compute network, with CUDOS as the utility & infrastructure token designed to empower Web 3.0 operations on the network. The Cudos network will enable anyone to sell or consume excess computational resources, either via blockchain/smart contract or through more traditional cloud computing APIs.
In essence, what this means is Cudos will be one of the few networks which can power other blockchains and scale to the demands of cloud computing required today.