Eastmore Group is a venture capital and private equity firm focused on making alternative investments that is headquartered in New York City, New York and was founded in 2012. The firm also has an office in Los Angles, California.
On September 4, 2018 Eastmore Group became the first institutional investor to join The Elephant's Security Token Offering (STO). The Elephant is is a blockchain-based secondary market platform headquartered in London, England. The managing director of Eastmore Group, Bran Reyhani, made the follow statement regarding the firms decision to invest in The Elephant:
We are proud to join The Elephant STO and its token offering that allows for investors to enter the crypto space with asset-backed tokens which are backed by equity rights in some of the most promising privately held companies around the globe. The tokenization of these private company equity rights allows for expanded investor access and greater liquidity in companies that choose to remain private for a longer duration.