Institutional Pipe Investor With $2bn In Executed Financing Commitments Launches Digital Asset Investment Firm

chainwire

Alpha Blue Ocean (“ABO”), based in the Bahamas and Dubai has announced the launch of a new private investment firm, ABO Digital, that will provide alternative financing solutions to early-stage and high-growth companies in the digital asset space.  

Leveraging ABO’s experience as a structured Private Investments in Public Equity (PIPE) investor with more than US$2 billion in executed financing commitments globally over the last five years, the new ABO Digital will bring institutional-grade expertise to the digital asset and blockchain industry.

ABO Digital will provide innovative and flexible funding solutions that will give blockchain projects access to more options for raising capital. This new form of financing addresses a need in the cryptocurrency market, especially given the current market conditions.

Amine Nedjai, CEO at ABO Digital, said: “This is an important time for the digital asset space. We’re in the midst of a bear market but there continues to be solid development by innovative protocols. A lot of large investors, such as venture capitalists, will have suffered losses from the recent crypto credit contagion. This reduces the pool of available growth capital for cryptocurrency projects that ABO Digital will help fill. We see an interesting development in gaming as projects are working on more sustainable tokenomics, which can help drive adoption as well as the practical use of non-fungible tokens. We expect DeFi to continue capturing attention in this space, proving its robustness through the current crisis whilst continuing to innovate and find pragmatic solutions – such as access to liquidity for stakers of ETH. This difficult market situation, coupled with our positive outlook, makes it the perfect time to launch ABO Digital, enabling entities in this exciting space to source the funds they need to build.”

The timely launch of ABO Digital aligns with expectations for the digital asset space to come out of this crisis stronger in the next cycle. With a few major players that have dominated the investment space over the last few years, ABO Digital brings a fresh experience and an alternative way for projects to fund their development and expansion.

To find out more about ABO Digital, visit www.abodigital.io

About ABO
Alpha Blue Ocean (“ABO”) is a sector-agnostic alternative investment firm operating across the world with headquarters in Bahamas.. ABO provides innovative financing solutions for publicly listed SMEs. To achieve our mission statement, we span all asset classes in order to provide structured investments & partnerships that are both flexible and pragmatic.

About ABO Digital

ABO Digital is a private investment company providing alternative financing solutions to cryptocurrency projects around the world. As part of the Alpha Blue Ocean group, which has executed more than $2bn in financing commitments for publicly listed companies across the globe since its inception in 2017, ABO Digital brings a breadth of experience in capital markets to provide institutional-grade expertise in providing innovative and flexible financing solutions to help blockchain developers build and grow their protocols.

Read this next

Fintech

Bitcoin payments app Strike launches in Europe

Bitcoin blockchain-based payments app Strike launched in Europe on Wednesday, allowing users in the region to buy, sell, and withdraw bitcoin (BTC).

Chainwire

Bandit Network’s Points SDK and Brave Ads Power Astar zkEVM’s Quest Platform “Yoki Origins”

“Yoki Origins,” supported by Bandit Network and Brave Ads, introduces a gamified and rewarding experience for Astar zkEVM users, marking a significant milestone in Web3 adoption.

Digital Assets

Crypto ETFs to debut in Hong Kong next week

Hong Kong has authorized six cryptocurrency-based spot ETFs set to launch on April 30, according to Bloomberg.

blockdag

BlockDAG Among The Best New Crypto To Invest In Post 8 Billion Coins Sales; More On Bitcoin Cash Futures’ Launch & Solana Positive Predictions

Explore Solana’s ATH predictions to see whether it can rise after a $17B dip? BlockDAG sells 8 billion coins in presale as Bitcoin Cash Futures launch.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary:USD, FED, German IFO ,Gold April 24 ,2024

Mixed US economic data and Fed rate hike uncertainty are causing volatility in the EUR/USD pair, while the Eurozone and gold prices add another layer of complexity.

Market News, Tech and Fundamental, Technical Analysis

EURCHF Technical Analysis Report 24 April, 2024

EURCHF currency pair can be expected to rise further toward the next major resistance level 0.9840, which stopped the pervious waves C and B, as can be seen below.

Digital Assets

Binance’s CZ could stay in prison until 2027, wife begs for mercy

Changpeng “CZ” Zhao, the founder and former CEO of Binance, has apologized for his decisions and accepted “full responsibility” in a letter to U.S. District Judge Richard A. Jones.

Digital Assets

Monex Group expands crypto business with 3iQ takeover

Monex Group has completed the acquisition of a majority stake in 3iQ Digital Holdings, Inc., a Canadian digital asset investment fund manager, as part of its strategy to expand its crypto business.

Education, Fintech, Inside View

How to Get Into Fintech: Best Tips to Succeed

The Fintech sector is experiencing significant growth, with fresh opportunities emerging rapidly.  Innovations such as machine learning and cryptocurrency are revolutionising finance, leading to a need for trained experts.

<