Hey there,
Big news as we wrap up March - we've hit a major milestone at GCRx: we're officially cash flow positive! This is a huge win for us, signaling that we're not just growing, but thriving and profitable.
As we close out the first quarter, it's clear we're on track with the ambitious goals we set at the start of the year. We aimed to launch 4 SPVs a month, and we're proud to say we've hit that target. Here are the stats ending Q1 2024:
12 SPVs executed across 5 clients.
Over 100 investors welcomed, spanning HNWIs to the leading VCs in the space.
Our Total AUM has soared to $1.854M, a 43% increase since last month.
Month-on-Month Revenue Growth Rate is at 104%.
On pace to reach a Total Revenue of about $682K by the end of 2024, up 14% from our last update.
We've also fully implemented our internal CRM system, enhancing our ability to track all investments made through GCRx with precision.
Are you an Accredited Investor? Check out GCRx: Access.
Latest SPV operated by GCRx:
This is a monumental day for Bitlayer.
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A key highlight this quarter is our partnership with Fractal, a pioneer in Web3 identity solutions, which has just launched a groundbreaking decentralized identity protocol, idOS. While Fractal's innovation is reshaping the landscape across several ecosystems like Gnosis, NEAR, Aleph Zero, and others, they continue to play a crucial role in enhancing our KYC/B processes.
This collaboration ensures our clients experience smoother, faster onboarding, emphasizing our commitment to integrating advanced technology to elevate our services. For more insights into Fractal's idOS and its impact across various platforms, be sure to check out here.
If you or someone you know is keen on pooling capital and navigating the investment landscape with ease, we're ready to deliver an exclusive, top-notch service that simplifies investing. Think of it as receiving Dubai's warm "Marhaba" welcome, but in the world of investing.
Speaking of Dubai, we will be there from April 12th and would love to meet up. Feel free to ping me on Telegram or schedule a coffee.
Your support means the world to us. Thank you for being with us on this journey.
Best,
Arthur and the GCRx Team
