- Rebranding and Acquisition: Cardea Corporate Holdings, an Atlanta-based wealth management firm, has rebranded as Fourcore Capital following the acquisition of select technology and financial assets from Nobel Sustainability Capital Group (NSCG).
- Acquired Assets: The assets acquired include technology licensing and intellectual property related to AI, blockchain, tokenization, and digital wallet capabilities, along with investment management entities and funds.
- Investment from NSCG: NSCG, led by Peter Nobel and other Nobel family members, has committed up to $25 million as an anchor investment in Fourcore’s upcoming capital raise.
- Leadership: Peter Nobel, great-grandson of Robert Nobel, has been appointed chairman of Fourcore’s board of directors.
- New Capabilities: The acquisition allows Fourcore to offer a comprehensive digital wealth and asset management service, including portfolio management, investment analytics, and family office services.
- Rebranding Purpose: The rebranding to Fourcore reflects the firm’s focus on providing AI-enabled, personalized investment strategies, emphasizing four core pillars of data analysis and asset liquidity.
- Future Plans: CEO Jordan Waring states that Fourcore is now strategically positioned to scale rapidly by leveraging the new acquisitions and technology to increase market share.
- Current Assets Under Management: Fourcore currently manages approximately $12.7 million in assets.
Cardea acquires select assets from NSCG, rebrands as Fourcore Capital
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