Alset AI Completes Strategic Investment in Henon Financial Technologies, Advancing AI-Driven Fintech Innovation
VANCOUVER, BC / ACCESS Newswire / March 26, 2025 / Alset AI Ventures Inc. (TSXV:GPUS)(OTC PINK:GPUSF)(FSE:1R60, WKN:A3ESVQ)('Alset AI' or the 'Company') an artificial intelligence (AI) venture company advancing innovation through strategic investment and cloud computing solutions, is pleased to announce the successful closing of its strategic investment of approximately CAD$250,000 in Henon Financial Technologies Inc. ('Henon').
Strengthening AI and Fintech Innovation
Henon is at the forefront of AI-driven software solutions for private equity and credit firms, making it a key partner for Alset AI's cloud computing platform. This investment expands Alset AI's fintech presence, creating opportunities to power high-performance AI-driven financial applications with scalable, secure, and intelligent cloud solutions.
Building a Stronger Talent Ecosystem
Beyond the financial investment, this collaboration enhances Alset AI's growing talent ecosystem, aligning both teams in their shared mission to advance AI-driven decision-making in financial markets. Alset AI will actively assist Henon in achieving its strategic objectives, leveraging its expertise in cloud computing, AI infrastructure, and operational scaling.
Management Commentary
'We are thrilled to officially complete our investment in Henon and deepen our collaboration with their exceptional team,' said Adam Ingrao, CEO of Alset AI. 'This investment is more than just capital-it's a commitment to fostering innovation and talent in the AI and fintech space. We will continue working towards finalizing a preferred cloud partnership in due course, which would allow us to further integrate our cloud computing capabilities into their AI-driven financial solutions.'
About Alset AI Ventures Inc.
Alset AI is a pioneering AI and cloud computing investment firm, committed to nurturing high-potential technology companies. Through a combination of capital, strategic advisory, and cloud computing alliances, Alset AI is shaping the future of artificial intelligence and building an AI-focused venture capital platform poised for substantial growth.
About Henon Financial Technologies Inc.
Henon is a leading provider of AI-driven software solutions for private equity and credit firms, offering advanced portfolio monitoring, reporting, and model-driven insights. By blending technical innovation with financial expertise, Henon transforms financial complexity into clarity, providing intelligence to move faster and invest smarter. Henon supports a global network of clients from offices in Toronto, Chicago and Montreal.
For further information about Alset AI Ventures Inc., please contact:
Investor Relations
Adam Ingrao
T: 236.312.6744
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain certain forward-looking statements and forward-looking information (collectively, 'forward-looking statements') related to the perceived benefits of the transactions contemplated by the Company's strategic investment in Henon (the 'Transaction'), any impacts of the investment made by the Company in Henon, how the Company will support Henon as part of the partnership, the ability of Alset AI to strengthen its presence and create opportunities as a result of the Transaction, the potential finalization of a preferred cloud partnership, the projected growth and strategies of Alset AI, long term value creation for Alset AI and Henon, scalability of Henon, and Alset AI's future business, operations, and financial performance and condition. Forward-looking statements normally contain words like 'will', 'intend', 'anticipate', 'could', 'should', 'may', 'might', 'expect', 'estimate', 'forecast', 'plan', 'potential', 'project', 'assume', 'contemplate', 'believe', 'shall', 'scheduled', and similar terms. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this press release. Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions, and other factors that management currently believes are relevant, reasonable, and appropriate in the circumstances. Although management believes that the forward-looking statements herein are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Alset AI's business. Additional material risks and uncertainties applicable to the forward-looking statements herein include, without limitation, the impact of general economic conditions, and unforeseen events and developments. This list is not exhaustive of the factors that may affect the Company's forward-looking statements. Many of these factors are beyond the control of Alset AI. All forward-looking statements included in this press release are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this press release are made as at the date hereof, and Alset AI undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws. Risks and uncertainties about the Company's business are more fully discussed under the heading 'Risks and Uncertainties' in its most recent Management's Discussion and Analysis and other disclosure documents available on SEDAR+ at www.sedarplus.ca.
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