Athena Blockchain has entered into a Letter of Intent (LOI) with BlockTower Capital Partners LP for investment and advisory services. The terms of the LOI are binding and the parties may enter into a definitive agreement upon signing of specific terms.

Athena Blockchain is a blockchain investment company. And, as per the LOI, BlockTower will make an investment in Athena Blockchain. In addition, Ari Paul, the Chief Information Officer of BlockTower, will serve as an advisor to Athena. However, the parties have not yet disclosed the investment amount.

Ari Paul, the CIO of BlockTower, has said that he will assist Athena in providing institutional advisory, structuring, and placement services. He is positive that Athena’s offerings have the capacity to unlock the illiquid investment opportunities. And that, it will provide better security to existing options for liquid investments.