AirNet Technology Inc. has appointed Raeez Lorgat as a Strategic Advisor to advance its fintech and blockchain initiatives. Lorgat, an expert in conventional fintech and Web3 protocols, will develop Bitcoin and Ethereum treasury frameworks, provide market insights, and assist in negotiations with potential partners. Professor Yu Xiong from the University of Surrey will join the advisory team, blending academic and financial expertise to optimize AirNet's positioning in the digital-asset ecosystem.
AirNet Technology Inc. (NASDAQ: ANTE) has appointed Raeez Lorgat as a Strategic Advisor to strengthen its fintech and blockchain initiatives. Lorgat, the founder and CEO of Mass Finance Inc., brings extensive expertise in both traditional fintech and Web3 protocols. His role will focus on developing Bitcoin and Ethereum treasury frameworks, providing strategic market insights, and facilitating negotiations with potential partners. Additionally, Professor Yu Xiong from the University of Surrey will join the advisory team, combining academic and financial expertise to optimize AirNet's positioning in the digital-asset ecosystem [1].
The appointment of Lorgat and Professor Yu Xiong underscores AirNet's commitment to leveraging blockchain technology to drive long-term growth. Lorgat's experience in both fintech and Web3 protocols will be crucial in navigating the complexities of digital assets and blockchain-based treasuries. His role will involve collaborating with protocol developers, creating treasury frameworks, and providing strategic market insights to position AirNet for future growth [1].
The integration of Professor Yu Xiong's academic and financial expertise will provide a robust foundation for AirNet's strategic initiatives. Professor Yu's background in blockchain technology and financial innovation will be instrumental in aligning AirNet's business strategies with emerging financial technology trends [1].
The move to appoint a Strategic Advisor with expertise in both traditional and digital finance comes at a critical juncture for AirNet. As institutional investors are increasingly adopting Ethereum (ETH) treasuries to generate passive income and diversify risk, AirNet's strategic appointment aims to position the company at the forefront of this trend [2].
Institutional investors are embracing Ethereum (ETH) treasuries as a core asset class, leveraging blockchain's programmable infrastructure to generate passive income and diversify risk. Companies like BitMine and SharpLink have raised billions via PIPEs to accumulate ETH, using native/liquid staking to balance liquidity, rewards, and DeFi integration. This strategy offers yield diversification, balance sheet optimization, and strategic differentiation, but also comes with risks like slashing penalties and regulatory uncertainty [2].
AirNet's strategic appointment of Lorgat and Professor Yu Xiong is a significant step in the company's journey to become a leader in the digital-asset ecosystem. By leveraging their expertise, AirNet aims to develop innovative treasury frameworks and strategic partnerships that will drive long-term growth and success in the rapidly evolving fintech and blockchain landscape.
References:
[1] https://www.stocktitan.net/news/ANTE/air-net-technology-inc-engages-raeez-lorgat-as-strategic-advisor-to-jrgxsamnewwy.html
[2] https://www.ainvest.com/news/rise-eth-treasuries-blockchain-frontier-institutional-capital-strategy-2508-1/
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