Alpha Liquid Fund announces a strategic partnership with XNET Foundation and commits to $2m token purchase
Tampa, FL, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Alpha Liquid Fund, the leading digital asset crypto fund under Alpha Transform Holdings (ATH), a financial services and advisory firm in digital assets, is pleased to announce a strategic partnership with the XNET Foundation and a $2m token purchase in its $XNET token ecosystem. This partnership underscores ATH’s commitment to supporting innovative projects transforming the decentralized wireless (DeWi) sector.
XNET is revolutionizing mobile connectivity by addressing limitations in traditional network infrastructure. By leveraging blockchain coordination on Solana, Citizens Broadband Radio Service (CBRS) spectrum, and Wi-Fi 6+, XNET enables local builders to deploy LTE/5G or carrier-grade Wi-Fi in underserved areas. This decentralized, community-driven approach reduces costs, improves scalability, and creates resilient connectivity solutions, disrupting traditional Mobile Network Operator (MNO) models.
ATH’s purchase will be conducted through its dedicated OTC team, acquiring tokens directly from XNET’s treasury to support the project’s growth.
“As strategic partners, we believe XNET has the potential to redefine mobile connectivity,” said Wes Levitt, CIO of Alpha Liquid Fund. “We are committed to supporting its vision for accessible, decentralized wireless networks.”
About Alpha Transform Holdings
Alpha Transform Holdings (ATH) is a premier digital asset investment firm combining strategic advisory, research, and capital investment to empower Web3 and blockchain innovations. For more information, visit www.alphatransform.io.
About Alpha Liquid Fund
Alpha Liquid Fund (AL) invests exclusively in liquid digital assets, maintaining a 90 day liquidity threshold. AL invests with a deep fundamental research approach, purchasing digital assets both on the open-market as well directly from crypto projects/issuers via OTC deals. Using institutional hedging tools and prudent management of the fund’s market exposure, as well as sector and market cap diversification within digital assets, the fund offers investors strong returns from the crypto asset class with lower volatility and drawdown risk compared to holding digital assets directly. For more information, visit https://alphasigma.fund/.
About XNET Foundation
XNET Foundation is driving innovation in decentralized wireless networks by integrating advanced technologies like blockchain, CBRS spectrum, and Wi-Fi 6+. XNET’s mission is to create scalable, adaptable, and cost-effective mobile connectivity solutions worldwide. For more information, visit https://xnet.company/.
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Sandra Ditore info (at) alphasigma.fund
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