London-based TAO Alpha has raised £5 million through a fixed-price convertible loan arranged by Fortified Securities and introduced a new bitcoin-focused treasury strategy. As part of this move, the company has launched a Singapore subsidiary, TAO Alpha PTE, to manage its digital asset holdings.
According to reporting by Investing.com, the updated treasury policy allows TAO Alpha to hold up to two-thirds of its cash reserves in bitcoin and stablecoins.
It was also reported that Singapore was chosen as the base for the new subsidiary due to its favorable tax environment and progressive regulations around digital assets, reflecting the company’s broader push into decentralized AI and cryptocurrency markets.
