Alpha Transform Holdings (ATH), a new holding company created from the merger of assets controlled by Enzo Villani of Alpha Sigma Capital and Michael Terpin of Transform Ventures, has announced the creation of two new blockchain funds with approximately $100 million in assets under management (AUM).
As part of the deal, Blockchain Wire (Content Syndicate) will be rolled into the entity.
Transform Strategies will also integrate its strategy and advisory services with Alpha Sigma’s existing research, strategy, and token financing facility offerings.
At the same time, the investment includes funding for the Alpha Transform Holdings parent company, the new Alpha Liquid digital asset fund, and a closed-end venture capital firm for early-stage equity investments in blockchain, AI, and emerging technology companies, the Aegean Fund.
According to the release, Terpin has committed his own money, including cash and crypto, of $2.65 million with an option to invest $2.9 million in the future.
The new entity claims that Alpha Sigma Capital launched in 2020 with a blockchain/Web3 founding fund that has successfully delivered a total fund performance of 1400 percent (14x capital invested).
Villani, Alpha Transform Holdings CEO and Chief Investment Officer, said their vision is to “shepherd in a new era of financial and technological innovation leveraging decentralization, blockchain technology and Web3 infrastructure.”
Terpin said that he has worked with Villanni over the years starting with NASDAQ’s strategic partnership with MarketWire, and then at Transform Group.