Transform Ventures launches holding company for blockchain with $100M AUM

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Transform Ventures dedicates $100 million AUM to blockchain innovation and investment.

Transform Ventures has co-invested in a new holding company in what it states is an effort to accelerate blockchain investment and innovation. Alpha Transform Holdings aims to support the blockchain ecosystem through investments via two new funds.

ATH was created by merging select assets from Transform Ventures and Alpha Sigma Capital’s parent company, which will include two funds amounting to $100 million in assets under management. According to an announcement shared with Cointelegraph, the new assets include majority ownership in Content Syndicate, a Transform Ventures-backed content services company. Moreover, the investments will fund the creation of two funds: the Alpha Liquid digital asset fund and the Aegean Fund.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in BUSİNESS

Business Business Latest News, Business Business Headlines