Institutional pipe investor with executed $2 billion in funding commitments launches digital asset investment firm
Dubai, United Arab Emirates, February 27, 2023, Chain Wire
Alpha Blue Ocean (“ABO”), based in the Bahamas and Dubai, has announced the formation of a new private investment firm, ABO Digital, which will provide alternative financing solutions for early stage and high growth digital asset companies.
The new ABO Digital uses ABO’s experience as an investor for structured private investments in public equity (PIPE) with more than 2 billion euros.
ABO Digital will provide innovative and flexible financing solutions that Blockchain-Give projects access to more opportunities to raise capital. This new form of funding addresses a need in the cryptocurrency market, especially given the current market conditions.
Amine Nedjai, CEO of ABO Digital, said: “This is an important time for the digital assets space. We are in the middle of one bear market, but there continues to be solid development through innovative protocols. Many large investors, such as venture capitalists, will have suffered losses from the recent crypto lending contagion. This reduces the pool of available growth capital for cryptocurrency projects that ABO Digital will help fill. We are seeing an interesting development in the gaming space as projects work on more sustainable tokenomics that can help drive adoption as well as practical use of non-fungible tokens. We assume that DeFi will continue to attract attention in this area and prove its resilience through the current crisis, while continuing to innovate and find pragmatic solutions – such as providing stakers with access to liquidity ETH. This difficult market situation coupled with our positive outlook makes it the perfect time to launch ABO Digital and enable companies in this exciting space to raise the funds they need to build.”
The timely launch of ABO Digital is in line with expectations that the digital asset space will emerge stronger from this crisis in the next cycle. With some big players dominating the investment space in recent years, ABO Digital brings a new experience and an alternative way for projects to fund their development and expansion.
To learn more about ABO Digital, visit www.abodigital.io
About ABO
Alpha Blue Ocean (“ABO”) is a non-industry alternative investment firm that operates globally and is headquartered in the Bahamas. ABO offers innovative financing solutions for listed SMEs. To achieve our mission statement, we cover all asset classes to offer structured investments and partnerships that are both flexible and pragmatic.
About ABO Digital
ABO Digital is a private investment company that offers alternative financing solutions for cryptocurrency projects around the world. As part of the Alpha Blue Ocean group, which has committed more than $2B in funding since its inception in 2017, it has provided innovative and flexible funding solutions to help blockchain developers build and grow their protocols.
Contact
Head of PR, Yousef Batter, White Label Strategy, [email protected]+971559356531
Source: Crypto News Deutsch