The new ABO Digital will bring
alternative financing structures to the cryptocurrency market
Dubai, United Arab Emirates, February
27, 2023:
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
*Source:
AETOSWire
Contacts:
White Label Strategy
Yousef Batter
Head of PR, +971559356531
No comments:
Post a Comment