Curated News
By: NewsRamp Editorial Staff
November 26, 2024
Alpha Liquid Fund Announces Strategic Partnership with XNET Foundation
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- Alpha Liquid Fund secures strategic partnership with XNET Foundation, gaining advantage in decentralized wireless sector.
- XNET revolutionizes mobile connectivity through blockchain coordination, CBRS spectrum, and Wi-Fi 6+ technology.
- XNET's decentralized approach reduces costs and improves connectivity, making the world more resilient and accessible.
- ATH's $2m token purchase in XNET's ecosystem disrupts traditional MNO models, creating innovative decentralized wireless solutions.
Impact - Why it Matters
This news matters because it highlights a significant partnership between Alpha Liquid Fund and XNET Foundation, with the potential to redefine mobile connectivity and revolutionize the decentralized wireless sector. The strategic collaboration also underscores the commitment of Alpha Transform Holdings (ATH) to supporting innovative projects in the digital asset space, ultimately impacting the development of accessible, decentralized wireless networks worldwide.
Summary
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.”
Source Statement
This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, Alpha Liquid Fund Announces Strategic Partnership with XNET Foundation
