๐๐ ๐ฐ๐ต๐ฎ๐ป๐ด๐ถ๐๐ถ ๐ฆ๐ฒ๐ฐ๐๐ฟ๐ฒ๐ ๐ฆ๐๐ฟ๐ฎ๐๐ฒ๐ด๐ถ๐ฐ ๐๐ป๐๐ฒ๐๐๐บ๐ฒ๐ป๐ ๐๐ฟ๐ผ๐บ ๐ฃ๐ฟ๐ผ๐๐ฝ๐ฒ๐ฟ๐ถ๐๐ ๐ฉ๐ฒ๐ป๐๐๐ฟ๐ฒ ๐ฃ๐ฎ๐ฟ๐๐ป๐ฒ๐ฟ๐
- 3 hours ago
- 1 min read
ExchangiFi has announced a strategic investment from Prosperity Venture Partners, the single-family office of investor and wealth management entrepreneur Tommy Mayes. As part of the deal, Mayes will join ExchangiFi's board of directors. Mayes serves as a Family Office Chair for TIGER 21 and, as a general partner and board member at Blueprint Investment Partners, helped grow the firm from $75 million to more than $3.5 billion in assets.
Based in Palm Beach Gardens, Florida, ExchangiFi is the first independent platform for Section 351 ETF exchanges, connecting wealth advisors with ETF sponsors to seed funds without triggering immediate capital gains taxes. Under Section 351 of the Internal Revenue Code, investors contribute securities to an ETF in exchange for shares while preserving their original cost basis, allowing advisors to move clients out of tax-inefficient separately managed accounts and low-basis positions into liquid, transparent ETFs. Since launching in September 2025, the platform has drawn more than 40,000 visitors, built a list of over 3,000 registered investment advisors, and now lists 11 open 351 exchange ETFs.
ETFs launched in connection with the platform have collectively raised more than $1.85 billion in seed assets, with a pipeline of more than 30 syndicated launches planned for 2026. The investment reflects the rise of corporate and family office venture capital in WealthTech, where strategic backers take direct stakes to gain early insight into emerging infrastructure and move capital closer to the products shaping the industry.
