The news release highlights Alset AI Ventures Inc.’s strategic acquisition of io.net (IO) tokens and Solana (SOL) tokens, showcasing the company’s commitment to advancing decentralized ecosystems and supporting scalable, cost-effective AI infrastructure solutions. The acquisition of io.net tokens allows Alset AI to participate in a decentralized AI ecosystem, while the investment in Solana tokens demonstrates confidence in decentralized technologies and diversification in the growing crypto market.
Additionally, the company announces the formation of a Token Investment Committee to provide governance and strategic guidance for token-related investments. Alset AI also grants restricted share units (RSUs) to certain directors, officers, and consultants, and plans to settle debt by issuing common shares and units of the company. The securities issued under the debt settlement will be subject to a statutory hold period.
Overall, Alset AI Ventures Inc. continues to focus on advancing innovative technologies in AI and cloud computing, with a strategic approach to participating in the rapidly evolving decentralized AI landscape.