On LinkedIn this morning, Andrew Miller announced that his company and Hilco Global have formed a new business venture called Hilco Digital Assets. The business will work with a variety of digital assets, including domain names and NFTs.
Andrew shared the post below on his LinkedIn page:
Notably, Hilco Global is a large privately operated company with numerous business units. Domain investors know of Hilco Streambank, as the company has auctioned and brokered the sale of many high value domain names. Having the backing of a well funded company like Hilco should advantage HDA when acquiring and representing assets.
After seeing Andrew’s LinkedIn post, I reached out to ask if he could provide more information about what Hilco Digital Assets will do. Andrew shared some information about the new venture with me:
We will be focused on
-NFTs/Smart Contracts/Web 3.0
On domains, we will be overseeing the sale and acquisition of premium, exact match, category, domains as ATM Holdings and I have been doing for 20+ years at the highest level. Hilco sees many premium domain opportunities through their other business divisions and by working together, will be able to effectively capitalize on these. Hilco also has deep connections across many industries that we will educate on the importance of world class, brandable Internet real estate. For years, I have had the trust of some of the most reputable and experienced domain investors globally. As far as investing in premium domain assets, we will certainly be a player but I have assured all my investor relationships that they come first and this partnership with Hilco will bring them exciting opportunities. We are also working on developing a premium domain name appraisal model that mimics those done for other Hilco assets, one that more resembles an credible, expert “letter of certification” than an auto generated, false appraisal which is all that currently exists.
On NFT’s and Web 3.0, we will be establishing Hilco Digital Assets as a serious entrant in the Web 3.0 space, We will be making some investments in Blue Chip NFT’s, emerging Web 3.0 companies, and positioning the company to be a valuable investor, partner, service provider to brands worldwide as they deploy NFT’s and smart contracts, just as they did websites in the late 90’s and ecommerce in the 2000’s.
Personally, I am thrilled to form this company together and be a managing partner in such exciting times in tech and in digital assets. I have known the Hilco Streambank time for quite some time here in Boston, and together, we agreed the time to make huge strides is now. Having my background and expertise with Hilco’s extraordinary team of people, asset expertise in other areas, and access to capital, is exciting.