Alpha Blue Ocean (ABO), a structured Private Investments in Public Equity (PIPE) investor, has announced the launch of a new investment company, ABO Digital.

Alpha Blue Ocean will offer innovative and flexible funding solutions to early-stage and high-growth companies in the digital asset and blockchain industry, according to a statement seen by Techloy.

ABO Digital is leveraging its experience as a PIPE investor with over $2 billion in executed financing commitments globally over the last five years. The firm aims to bring institutional-grade expertise to the digital asset and blockchain industry, providing alternative financing solutions that will give blockchain projects access to more options for raising capital.

According to Amine Nedjai, CEO at ABO, ABO Digital comes at an important time for the digital asset space. The recent bear market has reduced the pool of available growth capital for cryptocurrency projects. The launch of ABO Digital, he says, enables entities in the 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 considerable government efforts and investment to build a solid, robust ecosystem in the UAE, ABO Digital offers a fresh experience and an alternative way for projects to fund their development and expansion in the Web 3.0 sector.