Daman Investments Acquires 6% of A47 Tokens Valued at $1.44 Million

A47, the world's first decentralized, AI-driven news network, has confirmed that the wallet address 3xyBK3SjbufX7qDBuTXkohTSrGVToTyRTWAdFanoejrZ, previously observed aggressively accumulating $A47 tokens, is owned by Daman Investments, a respected and long-standing investment institution in the UAE. Daman's wallet now holds 64.3 million $A47, valued at approximately $1.44 million, making it the largest single holder of $A47 outside of exchanges. This holding represents a commanding 6% of the total token supply and marks one of the earliest and most significant institutional entries into the emerging AI x NewsFi sector.

Daman Investments, established in 1998, is a licensed, regulated asset management firm headquartered in the UAE with over two decades of operational excellence. Known for its deep experience across public markets, real estate, fixed income, and private equity, Daman has built a reputation of trust, governance, and disciplined investing. Their recent announcement outlining a focused Web3 strategy across four verticals—AI, Media, Tokenized Infrastructure, and Layer 1/2 ecosystems—signals a paradigm shift in how traditional institutions are now approaching the decentralized economy. For crypto natives who may be unfamiliar with the name, Daman is not a hype fund or retail syndicate—it is a legacy finance institution entering Web3 with surgical precision. Their public alignment with A47 sends a strong message to both investors and builders: AI-powered, decentralized news has institutional legs.

What began as a proof-of-concept around meme intelligence and real-time news synthesis has now evolved into a serious mission to build global, decentralized media infrastructure. "This is not a narrative play—it's infrastructure," said Saqib Pathan, Project Lead at A47. "We are building the backbone for intelligent, trustless, real-time news distribution. Daman’s backing confirms what we have believed from day one: the next CNN won’t be a cable channel—it will be an autonomous AI-powered protocol running on-chain.” A47 operates a network of 47 AI Agents trained to digest real-time market events, regulatory updates, geopolitical shifts, and global news feeds. These agents dynamically generate breaking news videos, data-rich visuals, and synthesized reports—all in real time.

The platform’s long-term vision includes 24/7 AI News Transmission, delivered globally in multiple languages, tokenized engagement mechanisms to incentivize participation and accuracy, trustless content verification, leveraging blockchain for timestamping and attribution, and interactive agents that can answer user queries, verify claims, and reference sources in real time. With institutional capital like Daman now on board, A47 believes this marks a turning point for decentralized news platforms—shifting from community-driven narratives to serious, venture-backed, protocol-driven media infrastructure. “This isn't just another altcoin partnership. It's a bet on a new information economy—one that is automated, transparent, and built for a post-trust media era,” added Pathan.

A47 is building the world’s first AI-powered decentralized news network—a 24/7 stream of verified, autonomous, real-time news built on blockchain rails. At the intersection of AI, media, and tokenomics, A47 aims to become the foundational infrastructure for how news is created, validated, and consumed in the digital age. The confirmation of Daman Investments as a significant holder of $A47 tokens underscores the growing institutional interest in AI-powered news infrastructure and the potential for decentralized media to revolutionize the way information is disseminated and consumed. This strategic bet by Daman Investments not only validates A47's mission but also sets a precedent for other traditional institutions considering entry into the Web3 space. The alignment of legacy finance with cutting-edge technology highlights the convergence of traditional investment strategies with innovative decentralized solutions, paving the way for a new era of transparent and trustless news distribution.