Institutional PIPE Investor With $2bn in Executed Financing Commitments Launches Digital Asset Investment Firm
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.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230226005157/en/
Alpha Blue Ocean (“ABO”) DIGITAL (Graphic: AETOSWire)
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
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230226005157/en/
White Label Strategy
Head of PR, +971559356531
About Business Wire
24 Martin Lane
EC4R 0DR London
+44 20 7626 1982http://www.businesswire.co.uk
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
LambdaTest improves its Selenium automation testing experience with the addition of its AI-powered integrated test intelligence20.3.2023 15:30:00 CET | Press release
LambdaTest, an intelligent omnichannel digital experience testing cloud platform, has announced the addition of advanced AI-powered test intelligence features to its Selenium testing cloud offering. With this latest development, LambdaTest will now enable enterprises with deeper insights into their test execution process and help them better streamline their quality assurance process. LambdaTest has been constantly working on enhancing its Selenium automation testing cloud and the test intelligence feature is the latest addition to the list. Over the last quarter, LambdaTest has added features like support for all Selenium 4 versions, including support for BiDi protocol, enhanced low-latency live streaming of test execution for faster test feedback, and the ability to group tests by tags for better manageability. Just last month, LambdaTest added Selenium tracing that allows users to visualize each command flow and each test error along with its telemetry data. All these features combi
FlexTrade Hires Senior Sell-Side OMS Specialist to Drive Growth in EMEA Region20.3.2023 15:30:00 CET | Press release
FlexTrade Systems (@FlexTrade), a global leader in multi-asset order and execution management systems, announces the appointment of Rajiv Shah as Head of Sales in EMEA for its sell-side OEMS, FlexOMS. FlexOMS, the flagship OMS platform within FlexTrade's suite of sell-side solutions, is designed to boost trading efficiency by simplifying the complexities of today's trading workflows. The open-architecture trading solution supports high-touch and low-touch businesses by providing a unified multi-asset platform across cash, program trading, futures & options, ETF, swaps, fixed income, and foreign exchange workflows. In this newly created role, Rajiv will drive FlexTrade's business strategy and growth of the solutions to trading desks within EMEA. Rajiv brings over 30 years of experience in financial technology with a proven track record in designing and executing sales and business growth strategies across the front and middle-office trading space within enterprise-grade software firms.
CSG’s State of the Customer Experience 2023 Report Uncovers Trending Areas for First-Class CX Strategy20.3.2023 14:30:00 CET | Press release
CSG® (NASDAQ: CSGS), the leader in innovative customer experience, revenue management and payments solutions that make ordinary customer experiences extraordinary, today released The State of the Customer Experience 2023 Report. With data from over 12 billion global customer journey interactions and 710 million supported end consumers this year, CSG found that business leaders are feeling the need for speed to accelerate digital customer experiences (CX) but need help kickstarting their CX journey. “This year’s findings illustrate a clear runway for the future of customer experience,” said Mark Smith, Senior Vice President of Customer Experience at CSG. “Brand leaders are more eager than ever to board the CX plane but understand they first need a clear flight plan to get to their destination. This all starts with the basics – understand your customer, receive their trust by integrating security, and maintain the quality of non-digital experiences for customers who aren’t ready for the
RevBits Privileged Access Management® Wins Gold in the 2023 Cybersecurity Excellence Awards20.3.2023 14:15:00 CET | Press release
RevBits today announced that it was recognized as a winner in the Privileged Access Management category for its PAM solution by the 2023 Cybersecurity Excellence Awards®. The review process judges the world's top providers by their organizational size, performance, technology, products, and leadership. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230320005003/en/ (Graphic: Business Wire) RevBits is pleased to be the recipient of three awards in the following categories: Gold – Privileged Access Management / North AmericaRevBits Privileged Access Management "It is extremely gratifying to see that in a very competitive environment, we are recognized for the innovation we bring," said David Schiffer, CEO. "To share the winner's circle with top market performers is wonderful and is only achievable thanks to the great talent of our co-founder and CTO Mucteba Celik. We consider our PAM solution to be "the Ultimate Replacement So
BIO KOREA 2023: Registration Now Open for Business Partnering20.3.2023 14:00:00 CET | Press release
The Korea Health Industry Development Institute (KHIDI, President: Cha Soon-do) and Chungcheongbuk-do (Governor: Kim Young-hwan) invite companies to participate in the Business Partnering of BIO KOREA 2023, an event jointly hosted by the organizations. The Business Partnering, one of the key programs of BIO KOREA 2023, is aimed at discussing various business opportunities and research cooperation plans, such as for joint studies, market entry, and technology transactions, etc., through one-on-one meetings between companies and organizations in the bio-health fields. The Business Partnering will be concurrently run online and offline from May 10 (Wed.) to 12 (Fri.) during when BIO KOREA 2023 is scheduled to take place. In particular, the online meetings will be held around the clock (24 hours) to ensure successful meetings with overseas companies. Companies intending to participate in the Business Partnering should register for FCA (Full Convention Access) or OPA (Online Partnering Acce