Sapien Uphold SPV Fund

Who We Are

Sapien Uphold SPV Fund is a wholesale managed investment scheme designed to provide qualified investors with access to Uphold Inc. Common and/or Preferred stock via secondary private equity trading platforms.

Key Features

The following table outlines key features of the Sapien Uphold SPV Fund.

About the Fund, Investment Manager, and Opportunity

About the Fund

The Fund offers an opportunity to acquire Common and/or Preferred Stock in Uphold Inc. through a Special Purpose Vehicle (SPV) via secondary private equity trading platforms.

About the Investment Manager

Sapien Asset Management Pty Ltd, a wholly-owned subsidiary of Sapien Group Ltd, is a leading APAC fintech-focused investment firm with offices in Sydney, Silicon Valley, Melbourne, Singapore, Jakarta, Hangzhou, and Hanoi. Specializing in fintech, blockchain, and online marketplaces, Sapien leverages a team of experienced entrepreneurs and investors to maximize returns.

About the Investment Opportunity

• Investee Background: Uphold, founded in 2013, is a global digital asset platform serving over 10 million users in 180+ countries. It enables seamless trading of 250+ assets—including crypto, fiat, metals, and equities—via its patented “Anything-to-Anything” engine. Backed by Mastercard and Coinbase, Uphold has processed over $40B in transactions and is known for strong compliance and real-time proof of reserves.
• Market Positioning: Uphold stands out in the fintech space by offering seamless, regulated access to a wide range of digital and traditional assets. Its transparency, security, and broad asset offering make it a trusted platform for both retail and institutional users globally.
• Reduced Execution Risk: Sapien provides investors with the opportunity to acquire Uphold stock, minimizing execution risks related to rights of first refusal (ROFR), management objections, or transfer restrictions.
• Further Liquidity Possibility:Sapien has relationship with number of private equity secondary trading platforms such that investors can have opportunity to liquidate these holdings ahead of any other IPO or Uphold’s IPO itself.

About the Fund’s Managing Partner

Victor Jiang, Founder and Managing Director: With over 20 years of experience across technology, consulting, and investment management, Victor has advised 35 Global Fortune 50 companies and sits on the boards of 12 tech firms. His notable investments include Ripple, Linqto, Airtasker, and HFG. Victor is the chair and convener of the Investment Committee.

Learn More About Our Team

Risks of Investing in the Fund

All investments carry risks that may affect the value of your investment. Therefore, consider all the risks and consult professional advisors before investing.