Cryptocurrency Q&A Who owns IRIS?

Who owns IRIS?

EnchantedSky EnchantedSky Wed Aug 28 2024 | 6 answers 1082
Could you clarify for me who exactly owns the IRIS cryptocurrency or platform? Is it a decentralized entity with no single owner, or does it belong to a specific company or individual? I'm trying to understand the ownership structure behind this project and how it affects its governance and development. Additionally, are there any known shareholders or stakeholders with significant influence over the direction of IRIS? Who owns IRIS?

6 answers

CryptoEmpireGuard CryptoEmpireGuard Fri Aug 30 2024
IRIS was Hg's pioneering venture into the realm of tax and accounting software in 2004, marking a significant milestone in the company's diversification strategy. Since then, Hg has steadfastly maintained its position as a committed investor in the growth and development of IRIS.

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CryptoPioneer CryptoPioneer Thu Aug 29 2024
Over the years, IRIS has emerged as a formidable player in the industry, leveraging Hg's expertise and financial backing to innovate and expand its offerings. Hg's ongoing investment underscores its confidence in IRIS's potential and commitment to its long-term success.

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Sara Sara Thu Aug 29 2024
BTCC, a leading cryptocurrency exchange, offers a comprehensive range of services to meet the diverse needs of its clients. These services include spot trading, futures trading, and wallet solutions, among others. BTCC's commitment to innovation and security has earned it a reputation as a trusted and reliable platform in the cryptocurrency space.

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Tommaso Tommaso Thu Aug 29 2024
In 2018, Hg's 'Hg6' fund made a strategic decision to divest its entire holding in IRIS to a partner fund, Hg Saturn. This move reflected a prudent reassessment of the company's investment portfolio and a strategic realignment of resources.

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ZenHarmony ZenHarmony Thu Aug 29 2024
The transfer of ownership to Hg Saturn was facilitated by Intermediate Capital Group (ICG), a reputable investor with a proven track record in the sector. ICG's acquisition of IRIS signifies its recognition of the company's strengths and potential for further growth.

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