A new company called Alpha Transform Holdings has been established by Alpha Sigma Capital and Transform Ventures, with their founder Michael Terpin at the helm of the new organization.
A press release issued on Wednesday announced that the holding company had been formed by the merger of a number of assets from Transform Ventures and Alpha Sigma Capital's parent company. The partnership aims to create an "all-in-one" resource center for digital asset companies, foundations, and projects from all walks of life in order to serve them better.
This investment from Transform Ventures and Terpin also includes funding for the parent company Alpha Transform Holdings, the new Alpha Liquid digital asset fund, as well as a closed-ended venture capital firm called the Aegean Fund.
There will be two new funds created under the new company, with a total of $100 million in assets under management (AUM).
The assets of Transform Ventures include a majority shareholding in Content Syndicate, a company behind BlockchainWire, a platform for breaking news.
In addition, Alpha Sigma's existing research, strategy, and token financing facilities will be integrated with Transform Strategies' market-leading strategy and advisory services.
Founded in 2020, Alpha Sigma Capital is a blockchain/Web3 investment firm that has delivered alpha for the past three years, with a total fund performance of 1400% over that period, the firm said.
The CEO and Chief Investment Officer for Alpha Transform Holdings, Enzo Villani stated that the company's vision is to lead a new era of financial and technological innovation by leveraging decentralization, blockchain technology, and web3 technologies. Our goal at Alpha Transform is to continue to provide strategic advisory services, accelerator opportunities, and capital to drive innovation and success in our portfolio companies.."
"Enzo and I have had the opportunity to work together in a variety of capacities since the early days of NASDAQ's strategic partnership with MarketWire, and we expanded our Transform Strategies group together at Transform Group. By combining these assets and advisory networks under one umbrella, we are able to accelerate both businesses and our portfolio companies.."
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