TORTOLA, British Virgin Islands--(BUSINESS WIRE)--Althea Limited, supporting entity of the Althea L1 blockchain, has secured a $25M commitment from GEM Digital Limited to accelerate its mission of building a sovereign and resilient financial layer for broadband, utilities, and critical infrastructure.
Althea L1 is a blockchain purpose-built for infrastructure finance (iFi). Althea L1 utilizes programmatic machine-to-machine payments to enable transparent and automated settlements for utilities and infrastructure. Althea products like the iFi DEX and Liquid Infrastructure make telecom and utility networks investable, programmable assets by connecting global capital directly to infrastructure.
“Althea L1 was built to empower communities with truly sovereign and resilient infrastructure,” said Deborah Simpier, CEO of Hawk Networks and Co-Founder of Althea. “The mission has always been to create financial and connectivity systems that are transparent, community-driven, and unstoppable. With GEM Digital’s support, Althea is accelerating a future where infrastructure finance is open, decentralized, and directly aligned with the people and networks it serves.”
GEM Digital, a long-only investment firm with a track record of supporting tokenized assets and blockchain innovation, brings expertise and resources to drive global adoption of Althea’s decentralized infrastructure tools.
This partnership reinforces Althea’s vision: to unlock the $3 trillion infrastructure market with community-first finance using transparent and programmable payments to power broadband expansion, microgrids, and other essential services worldwide.
About Althea
Althea Limited is a BVI Business Company supporting the Althea L1 blockchain, a purpose-built Layer 1 blockchain designed for the decentralization and tokenization of telecom, utilities, and infrastructure assets. Althea L1 offers a secure, scalable, low-cost blockchain infrastructure tailored to support critical physical infrastructure projects globally.
For more information about Althea, visit www.althea.net, join their Discord server, and follow on X.
About GEM Digital Limited
GEM Digital Limited is a digital asset investment firm. Based in The Bahamas, the firm actively sources, structures, and invests in utility tokens listed on over 30 CEXs and DEXs globally.
Global Emerging Markets (“GEM”) is a $3.4 billion alternative investment group with offices in Paris, New York, and the Bahamas. GEM manages a diverse set of investment vehicles focused on emerging markets and has completed over 580 transactions in 72 countries. Each investment vehicle has a different degree of operational control, risk-adjusted return, and liquidity profile. The family of funds and investment vehicles provides GEM and its partners with exposure to: Small-Mid Cap Management Buyouts, Private Investments in Public Equities, and select venture investments.
Contacts
Press Contact
Althea Limited
operations@althea.foundation