AirNet Appoints Vikram Seth as Fractional Chief Investment Officer for Web3 and Cryptocurrency Expansion

AirNet has appointed Vikram Seth as Fractional Chief Investment Officer to lead its expansion into Web3 and cryptocurrency. Seth will oversee the company's digital asset treasury and execute investment, staking, and DeFi strategies. He previously worked at Shell plc as Head of Web3 Innovation, where he spearheaded the development of enterprise-grade applications on public blockchains. Seth will leverage his expertise in bridging institutional finance and the decentralized economy to advance AirNet's transformation.

AirNet Technology Inc. (NASDAQ: ANTE), a micro-cap technology company, has appointed Vikram Seth as Fractional Chief Investment Officer (CIO) to spearhead its expansion into Web3 and cryptocurrency initiatives. The appointment comes as AirNet continues its transformation towards digital assets and decentralized technologies.

Vikram Seth, who founded V38 in January 2024, will oversee AirNet's digital asset treasury and execute investment, staking, and DeFi strategies. Prior to this role, Seth served as Head of Web3 Innovation at Shell plc (LSE: SHEL) from July 2023 to June 2025, where he developed enterprise-grade applications on public blockchains. During his tenure at Shell, Seth launched projects such as the sustainable aviation fuel platform Avelia and supply-chain solution Falcon on Polygon.

Seth’s appointment aligns with AirNet's strategic shift towards Web3 technologies and cryptocurrencies. His expertise in bridging institutional finance with decentralized economy principles will be crucial in guiding AirNet’s digital asset initiatives. "Vikram’s proven ability to deliver real-world blockchain solutions is a perfect fit for our vision," said Dan Shao, Chief Executive Officer of AirNet [1].

The appointment of Professor Yu Xiong as Chief Research and Innovation Advisor further underscores AirNet's commitment to Web3 and cryptocurrency initiatives. Professor Xiong will provide strategic guidance to AirNet’s board and senior leadership, focusing on the digital asset landscape and fostering innovation pipeline development [2].

AirNet Technology Inc. is listed on the Nasdaq exchange under the ticker ANTE. Despite recent volatility, the stock has shown significant gains over the past six months, with a 169% increase despite a recent 28% drop [1].

The appointment of Vikram Seth as Fractional CIO signals AirNet's serious pivot towards cryptocurrencies and Web3 technologies. This strategic move is part of a broader transformation aimed at developing a comprehensive crypto strategy, including digital asset treasury management, investment allocation, staking operations, and DeFi participation. The fractional nature of Seth's role suggests a measured approach, potentially allowing AirNet to test cryptocurrency exposure while limiting risk [3].

References:
[1] https://www.investing.com/news/company-news/airnet-technology-appoints-vikram-seth-as-fractional-cio-93CH-4192079
[2] https://www.prnewswire.com/news-releases/airnet-has-named-vikram-seth-as-its-new-chief-investment-officer-to-lead-the-companys-expansion-into-web3-and-cryptocurrency-302530124.html
[3] https://www.stocktitan.net/news/ANTE/air-net-has-named-vikram-seth-as-its-new-chief-investment-officer-to-aqt8jvbiadyc.html