Press Release

eTukTuk Has Announced New Strategic Investment Partnership Signing With AsiaTokenFund.

eTukTuk – the world’s first automotive project built on the Cardano blockchain – has announced a brand-new, strategic investment partnership with finance platform and market insights specialist AsiaTokenFund Group (ATF). The aim of the alliance is to encourage the growth of the nascent platform throughout Asia.

The partnership brings the rEVolutionary transportation infrastructure and ecosystem of eTukTuk together with the financial and cryptocurrency expertise of AsiaTokenFund to herald a new era in efficiency for the adoption of modern solutions in Asian markets. 

eTukTuk’s mission to bring sustainable and efficient charging infrastructure to developing countries across the globe will benefit from its creation of a totally unique sharing economy model built on the Cardano blockchain to improve the accessibility and affordability of transportation in the places that need it most. eTukTuk will leverage the benefits of blockchain technology to provide a platform for drivers to obtain a digital identity, which will be used to purchase an affordable charge to power their eTukTuk or compatible EV. 

 AsiaTokenFund Group (ATF) is a Southeast Asia-based Web3 conglomerate that operates various organisations comprising Web3 Media, NFT Media, Venture Capital, Media Agency, Tech Solutions, Events, and Accelerator. 

AsiaTokenFund Group has teams and partners in Asian countries such as Thailand, Vietnam, Philippines, and Indonesia, and brings tremendous advantage for eTukTuk. In particular, when people think of TukTuks, the thought of Thailand comes to mind, and the adoption there is rather high; not only for locals, but for tourists as well. 

“Partnering with AsiaTokenFund is a big step forward in realising our goal of a transportation revolution,” said Ryan Fishoff, CEO of eTukTuk. “Their knowledge of the cryptocurrency and financial spaces is invaluable in accelerating the adoption of this blockchain ecosystem that will change the face of transportation for good.” 

Ken Nizam, CEO of AsiaTokenFund Group said of the partnership; “We are thrilled to bring on board eTukTuk into our portfolio and support its growth in the Asian market. eTukTuk fits in our quest for driving mass-adoption of blockchain technology and real world application.” 

“We believe eTukTuk could be the next thing that revolutionises the decades-old public-hire vehicle in Asian countries through its environmentally friendly approach driven by blockchain” Continued Ken.

Having a strong presence in Asia, AsiaTokenFind Group hopes that the partnership with eTukTuk will further revolutionise the future of public mobility in developing countries within Asia through the introduction of an electric private hire vehicle (PHV) – the eTukTuk.

Being committed to growth within the Web3 industry in Asia, AsiaTokenFund Group hopes to support the real-world application and mass adoption of blockchain technology through environmental initiatives such as eTukTuk.

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