AirNet Technology Accelerates Cryptocurrency Innovation with New Advisor Appointment
AirNet Technology Inc., a publicly traded company on Nasdaq (ANTE), has made an important announcement regarding its future vision in cryptocurrency and Web3 technologies. On August 12, 2025, the company revealed the appointment of Professor Yu Xiong as the Chief Research and Innovation Advisor. This strategic move aims to bolster AirNet's position within the rapidly evolving digital asset landscape.
Professor Xiong brings a wealth of experience and knowledge to his new role. Currently, he is serving as the Associate Vice President for External Engagement at the University of Surrey and holds the Chair of Business Analytics at the Surrey Business School. He also directs the Surrey Academy for Blockchain and Metaverse Applications and chairs the UK All-Party Parliamentary Group on Metaverse and Web 3.0. His extensive research experience, particularly in blockchain sustainability, is expected to significantly influence AirNet's strategy in the realm of digital assets.
As the Chief Research and Innovation Advisor, Professor Xiong will provide strategic guidance to AirNet's management team and board of directors. His duties will involve overseeing the innovation pipeline, developing a product roadmap for new blockchain technologies, and identifying key partnerships to facilitate AirNet's objectives in the Web3 space. This multidimensional role reflects the company’s commitment to adopting and advancing cryptocurrency technologies.
In light of this new phase, Dan Shao, the Chief Executive Officer of AirNet, expressed optimism about the company's future. Shao remarked, "We’re entering a new phase of innovation at AirNet, and Prof. Xiong’s track record at the intersection of blockchain, tokenomics, and commercialization will help us move faster and with greater confidence."
The announcement comes at a crucial time as companies are increasingly recognizing the importance of blockchain and cryptocurrency technologies in shaping their operational strategies. AirNet’s initiative to appoint a distinguished expert like Professor Xiong positions the company to lead and innovate in these technological advancements.
The forward-looking approach taken by AirNet emphasizes the potential of blockchain and cryptocurrency in achieving long-term business objectives. Professor Xiong's involvement is expected to inspire confidence among stakeholders and investors alike, reflecting a strategic commitment to navigating this dynamic sector effectively.
However, it’s important to note that while the appointment marks a significant step towards ambitious goals within AirNet, the company has also issued a Safe Harbor Statement. This statement outlines various risks and uncertainties that might affect future operations, including economic conditions and regulatory challenges.
As AirNet Technology Inc. embarks on this transformative journey, the industry will be watching closely to see how Professor Xiong’s expertise shapes the future of the company and its initiatives in the Web3 and cryptocurrency domains.