Alpha Sigma, Transform Ventures Partner on New $100M Crypto-Focused Funds

The firms are creating a holding company called Alpha Transform Holdings, Inc.

AccessTimeIconMar 8, 2023 at 5:20 p.m. UTC
Updated May 9, 2023 at 4:09 a.m. UTC
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Digital asset investment firm Alpha Sigma Capital said Wednesday it received investments from blockchain capital and research firm Transform Ventures and its founder, Michael Terpin. The investments will go into a new holding company – Alpha Transform Holdings, Inc. (ATH) – and toward two new funds with a total of $100 million in assets under management.

The new funds include a new Alpha Liquid digital asset fund and the Aegean Fund, a closed-end venture capital firm that will focus on early-stage equity investments in blockchain, artificial intelligence (AI) and emerging technology companies. Terpin also made a personal investment of $2.65 million denominated in cash, bitcoin and ether with an option to invest an additional $2.9 million.

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  • ATH said it will have an asset management arm that includes the Alpha Sigma Capital Web3 Fund, Alpha Liquid and Aegean Ventures. The Alpha Transform products arm includes Alpha Sigma Capital Research plus Transform’s Blockchain Wire news service and Content Syndicate distribution and market intelligence products. The final Alpha Transform Strategies strategy aims to provide end-to-end solutions for digital asset companies.

    “The ATH vision is to shepherd in a new era of financial and technological innovation leveraging decentralization, blockchain technology and Web3 infrastructure,” said Alpha Transform Holdings CEO and Chief Investment Officer Enzo Villani in a press release. “The Alpha Transform model is to continue to support our portfolio companies with strategic advisory, acceleration, and capital to drive innovation and success.”

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    Brandy Betz

    Brandy covered crypto-related venture capital deals for CoinDesk.


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