{"id":404125,"date":"2026-03-10T17:42:00","date_gmt":"2026-03-10T17:42:00","guid":{"rendered":"https:\/\/dailybanglanewspapers.com\/news\/novarra-fund-i-confirms-30-annual-investor-distribution-as-firm-prepares-transition-to-institutional-convertible-financing\/"},"modified":"2026-03-10T17:42:00","modified_gmt":"2026-03-10T17:42:00","slug":"novarra-fund-i-confirms-30-annual-investor-distribution-as-firm-prepares-transition-to-institutional-convertible-financing","status":"publish","type":"post","link":"https:\/\/dailybanglanewspapers.com\/news\/novarra-fund-i-confirms-30-annual-investor-distribution-as-firm-prepares-transition-to-institutional-convertible-financing\/","title":{"rendered":"Novarra Fund I Confirms 30% Annual Investor Distribution as Firm Prepares Transition  to Institutional Convertible Financing"},"content":{"rendered":"<p><\/p>\n<div id=\"main-body-container\" itemprop=\"articleBody\">\n<p style=\"padding-left:0.112px;\">DALLAS &amp; CAYMAN ISLANDS, March  10, 2026  (GLOBE NEWSWIRE) &#8212; Novarra Fund I, the managed debt vehicle\u00a0 within the Novarra BBX group, today confirmed that the fund delivered 30% total investor\u00a0 distributions for the 2025 fiscal year, following the previously announced 15%\u00a0 distribution for the third quarter of 2025.\u00a0<\/p>\n<p style=\"padding-left:0.17601px;\">The results reflect continued performance from Novarra\u2019s institutional digital-asset\u00a0 infrastructure and liquidity operations during a year marked by volatility across global\u00a0 cryptocurrency markets.\u00a0<\/p>\n<p style=\"padding-left:1.13601px;\">Novarra Fund I operates as a private credit strategy targeting a fixed yield of 5% per\u00a0 month, with distributions declared and paid quarterly based on operational\u00a0 performance and capital deployment results. The fund provides capital that supports\u00a0 Novarra\u2019s institutional infrastructure activities, including block swap execution, structured\u00a0 liquidity transactions, and selective participation in verified alternative-asset markets.\u00a0<\/p>\n<p style=\"padding-left:0.832px;\">\u201cDelivering a 30% annual distribution in a volatile market environment reflects the strength\u00a0 of Novarra\u2019s institutional trading infrastructure and disciplined capital deployment\u00a0 strategy,\u201d said Nikolas Konstant, Chief Investment Officer of Novarra BBX. \u201cOur\u00a0 approach focuses on risk-managed execution, institutional counterparties, and diversified\u00a0 liquidity activity across digital assets and alternative markets.\u201d\u00a0<\/p>\n<p style=\"padding-left:0.752px;\">Novarra\u2019s execution infrastructure supports dual-rail settlement across both fiat and\u00a0 digital assets, providing institutional counterparties with flexible transaction settlement\u00a0 and liquidity access while maintaining compliance with comprehensive KYC, AML, and\u00a0 institutional risk-control protocols.\u00a0<\/p>\n<p style=\"padding-left:0.17601px;\">The platform facilitates discreet transactions among institutional participants including\u00a0 regulated financial counterparties, asset managers, fund managers, and qualified\u00a0 corporate clients operating across alternative asset markets such as digital assets,\u00a0 carbon credits, and select precious metals.\u00a0<\/p>\n<p style=\"padding-left:0.17601px;\"><strong>Transition of Novarra Fund I and Future Capital Platform\u00a0<\/strong><\/p>\n<p style=\"padding-left:0.78401px;\">Following completion of its 2025 distribution cycle, Novarra Fund I will begin an orderly\u00a0 sunset process. The fund was originally established to support the firm\u2019s early institutional\u00a0<\/p>\n<p style=\"padding-left:0.53248px;\">\u00a9 2026 Novarra BBX, LLC., All Rights Reserved\u00a0\u00a0<\/p>\n<p style=\"padding-left:0.288px;\">trading and liquidity infrastructure and has fulfilled its intended role in the development of\u00a0 Novarra\u2019s platform.\u00a0<\/p>\n<p style=\"padding-left:0.096px;\">As part of the company\u2019s next phase of growth, Novarra BBX expects to introduce a new\u00a0 institutional capital vehicle structured as a convertible debenture, designed to support\u00a0 expansion of the company\u2019s infrastructure including:\u00a0<\/p>\n<p style=\"padding-left:1.328px;\">\u2022 real-world asset tokenization systems\u00a0<\/p>\n<p style=\"padding-left:1.328px;\">\u2022 institutional settlement architecture\u00a0<\/p>\n<p style=\"padding-left:1.328px;\">\u2022 digital-asset liquidity services\u00a0<\/p>\n<p style=\"padding-left:0.17601px;\">The planned financing is expected to total up to $35 million and is intended to replace the\u00a0 capital structure previously supported by Novarra Fund I while providing strategic growth\u00a0 capital for the company\u2019s next stage of development.\u00a0<\/p>\n<p style=\"padding-left:0.096px;\">Additional information regarding the structure and timing of the proposed convertible\u00a0 debenture will be announced at a later date.\u00a0<\/p>\n<p style=\"padding-left:0.048px;\"><strong>About Novarra Fund I\u00a0<\/strong><\/p>\n<p style=\"padding-left:0.864px;\">Novarra Fund I is part of the Novarra BBX group of companies, an institutional digital-asset\u00a0 infrastructure platform specializing in alternative-asset settlement including digital assets,\u00a0 carbon credits, and select precious metals. Founded by professionals from finance,\u00a0 cryptography, settlement, custody, and structured products, Novarra delivers secure and\u00a0 discreet execution supported by institutional risk controls and independent oversight.\u00a0<\/p>\n<p style=\"padding-left:1.408px;\">More information is available at: <strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xm6caW3_m5i2VxW83MNmRpd8M0p1p60ySNnwgdG5BmIh5QXLSc3bAUuNGPiAJHQxbaFPHsIlsOWEwntYbTADlAxz0UEN7XfRnIRkcLp0ofM=\" rel=\"nofollow\" target=\"_blank\" title=\"\"><u>www.novarrabbx.com<\/u><\/a><u>\u00a0<\/u><\/strong><\/p>\n<p style=\"padding-left:1.296px;\"><strong>Legal Disclaimer\u00a0<\/strong><\/p>\n<p style=\"padding-left:0.17601px;\">This announcement is for informational purposes only and does not constitute an offer to\u00a0 sell or the solicitation of an offer to buy any security, including the referenced convertible\u00a0 debenture. Any such offering will be made only through appropriate offering documents\u00a0 and in accordance with applicable securities laws.<\/p>\n<p style=\"padding-left:0.53248px;\">\u00a9 2026 Novarra BBX, LLC., All Rights Reserved\u00a0\u00a0<\/p>\n<pre\/><img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/YWE0NDBlNGYtYWY2YS00MWVkLThjZGYtNjg3NDNlNmJmMTU3LTUwMDE1NDk4Ny0yMDI2LTAzLTEwLWVu\/tiny\/Novarra.png\" referrerpolicy=\"no-referrer-when-downgrade\"\/>\n            <\/div>\n","protected":false},"excerpt":{"rendered":"<p>DALLAS &amp; CAYMAN ISLANDS, March 10, 2026 (GLOBE NEWSWIRE) &#8212; Novarra Fund I, the managed debt vehicle\u00a0 within the Novarra BBX group, today confirmed that the fund delivered 30% total investor\u00a0 distributions for the 2025 fiscal year, following the previously announced 15%\u00a0 distribution for the third quarter of 2025.\u00a0 The results reflect continued performance from 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