Billion Dollar Moves™ with Sarah Chen-Spellings | Global Venture Capital

Building Legacy & The Future of Finance w/ Steve Chen & Jack Fu, Draco Evolution

Aug 1, 2024

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This week's episode is proudly presented by Tatler Gen.T.

Join us for an exclusive conversation recorded live at the New York Stock Exchange with Jack and Steve, the visionary co-founders of Draco Evolution Corp.

On July 12th, We were on site to celebrate the groundbreaking launch of their AI-driven ETF, now trading on the NYSE. From the electrifying atmosphere of the closing bell ceremony to their journey of building global startups across Taiwan and Asia, and the innovation behind the Draco ETF designed to shape the future of finance—we cover it all in this episode.

Don’t miss this deep dive into the future of finance!

TIMESTAMPS / KEY TAKEAWAYS

0:00 - Intro

02:18 - Draco Evolution at the NYSE Closing Bell Ceremony for their first ETF listing

03:16 - Jack’s new chapter; Draco ETF: technology and risks

06:47 - Steve’s moves back to Taiwan after YouTube; why Draco ETF?

11:09 - The partnership; hedge fund background versus consumer-focused strategies

15:31 - What’s next for Draco?

20:07 - Building a global company from Taiwan; “they read about all the financial news and what are the ways and the bridges that we can connect outside of our island or outside of our Asia region?”

22:54 - Lessons learned; “sometimes we focus on what we know, but we just have to leave our comfort zone,”

About Draco Capital Partners

In 2020, Jack Fu partnered with YouTube co-founder Steve Chen to establish Draco Capital Partners. They developed low-volatility artificial intelligence investment strategies with a team of economists and engineers, shaping the fund’s operational policies.

Since its founding, the team have managed over US$220 million in funds, achieving remarkable investment results. Draco Capital Partners goes public on the New York Stock Exchange in early 2024, introducing two products: AI Active Management ETF (DRAI ETF) and AI Matched Quantitative Trading Platform.

The former employs AI for intelligent investment, offering unique growth opportunities and risk protection for investors through AI technology and active management strategies. The latter provides a platform for investment strategy experts and general investors to share professional knowledge and innovative investment tools, creating a unique and open quantitative investment ecosystem, bringing more opportunities and value to both parties.