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On Wednesday, digital asset investment firm Alpha Sigma Capital said it had received investment from blockchain capital and research firm Transform Ventures and its founder Michael Turpin. The investment will go to a new holding company, Alpha Transform Holdings, Inc. (ATH) and two new funds with assets under management totaling $100 million.
The new funds include a new digital asset fund, Alpha Liquid, and Aegean Fund, a closed venture capital firm that will focus on early-stage equity investments in blockchain, artificial intelligence (AI), and emerging technology companies. Turpin also made a personal investment of $2.65 million in cash, bitcoin and ether, with an option to invest an additional $2.9 million.
ATH said it will have an asset management arm that includes Alpha Sigma Capital Web3 Fund, Alpha Liquid and Aegean Ventures. The Alpha Transform Products division includes Alpha Sigma Capital Research as well as the Transform Blockchain Wire news service, as well as Content Syndicate distribution and market research products. The ultimate Alpha Transform Strategies aims to provide end-to-end solutions for digital asset companies.
“ATH’s vision is to enter a new era of financial and technological innovation using decentralization, blockchain technology and Web3 infrastructure,” Alpha Transform Holdings CEO Enzo Villani said in a press release. “The Alpha Transform model is to continue to support our portfolio companies with strategic advice, acceleration and capital to drive innovation and success.”
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