Damex Group launches Inclusion Ventures just before its token IEO.

Crypto and payments firm Damex has launched an investment fund focused on company’s that complement its Damex Token Ecosystem. Inclusion Ventures will target businesses specialising in financial and health inclusion worldwide. Damex has already made four investments in other companies, which will expand its offering during the forthcoming launch of its own token on 19 April. The fund’s first two ventures have been announced as a minority investment in a Latin American-focused crypto company, Koywe, and a majority controlling interest investment in Tu Progreso, a Latin American-focused lending firm. Damex plans to launch its app and token utility across Latin America (Latam) in the next year and to expand into the US and a number of Latin American territories.