on Alset AI Ventures Inc. (isin : CA02115L2003)
Alset AI Ventures Invests in Decentralized AI Technologies
Alset AI Ventures Inc. has strategically acquired 12,868 io.net tokens, marking its entrance into the world's largest decentralized AI computing network. The tokens were purchased at an average cost of C$4.30 per token, enhancing the company's commitment to democratizing AI access. This acquisition aligns with Alset AI's investment in Cedarcross Technologies, aiming to broaden cloud computing and AI infrastructure access.
Additionally, Alset AI has diversified its holdings by acquiring 185.2 Solana tokens at an average cost of C$269.98. This reflects the company's confidence in decentralized ecosystems and its focus on establishing a robust financial foundation.
Alset AI plans to form a Token Investment Committee to guide token-related investments, aligning them with strategic objectives. The company is also settling debts by issuing shares, ensuring sustainable stakeholder value.
R. E.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Alset AI Ventures Inc. news