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Vemanti Group announces investment from Alpha Sigma Capital

By Edlyn Cardoza

April 04, 2022

  • Alpha Sigma Capital Fund
  • Decentralized Web3
  • DeFi

Vemanti Group, Equity Investment, Alpha Sigma Capital Fund, Digital Asset Fund, Decentralized Web3, Financial Products, Financial Services, TradFi, DeFi, SMEs, USA, Southeast AsiaVemanti Group, Inc. recently announced it has entered into an equity investment agreement with Alpha Sigma Capital Fund, LP, a pioneering digital asset fund focused on the blockchain economy and the shift to a decentralized Web3 infrastructure. The Agreement outlines an investment structure of up to $2 million from ASC into Vemanti, allowing the Company to accelerate its business initiatives immediately. At the same time, this new investment validates Vemanti’s vision and expansion of digital-first financial products and services to power future growth. This also signals a major collaborative step forward for the two companies.

The two firms’ unification will seek to jointly connect innovative blockchain projects to real-world use cases to advance financial inclusion in high-growth emerging markets. The Alpha Sigma Capital team, including CEO Enzo Villani, and Portfolio Manager, Nick Birnbaum, will assist Vemanti in bridging the capital supply and demand gap between TradFi (Traditional Finance) and DeFi (Decentralized Finance) to help the underserved Small and Medium Enterprises (SMEs).

“This is an important partnership for Vemanti as we look to Alpha Sigma’s investment portfolio to help us expand our financial services technology globally, starting with Vietnam and Southeast Asia,” said Tan Tran, CEO of Vemanti Group. “The synergy between our companies will provide a great benefit to the underserved customers we’re helping with our digital-forward banking solutions.”

Alpha Sigma Capital is a pioneering digital asset fund founded by Enzo Villani, focused on the blockchain economy and shifting to a decentralized Web3 infrastructure. Since January 2020, the Fund’s investment strategy and approach have resulted in 11 unicorns in under 19 months.

“Our focus at Alpha Sigma is anchored in advancing technologies to help power a decentralized financial system for the future,” stated Enzo Villani, CEO of Alpha Sigma Capital. “Vemanti’s strong experience in the Southeast Asian market and their commitment to expanding innovative financial products and services to actual businesses at the ground level makes them the ideal partner to help forward our mission.”

In addition to the Agreement, Alpha Sigma Capital will also facilitate relationships between the Company and various funding and credit organisations looking to penetrate Southeast Asia’s markets through strategic FinTech-partner bank relationships.

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