Alaska rolls out state-backed platform for tokenized infrastructure deals

Alaska empowers citizens by enabling investment in digital infrastructure through tokenized public-private partnerships. Alaska is moving to attract investment in digital infrastructure through the launch of InvestNorth, a state-sponsored infrastructure financing platform, and Alaska Data Corporation LLC (AKDC), a government entity focused on bringing emerging technologies and industries into the state, Governor Mike Dunleavy said Monday. The two initiatives were developed in partnership with Plural, a financial technology company serving energy and digital infrastructure developers. Digital infrastructure will be the first sector targeted by the initiatives. The state will use capital already earmarked for technology projects throughout Alaska. The effort is designed to bring investment into the state, support job creation and establish additional sources of state revenue, Dunleavy said. The rollout comes after local election results across the US showed broad voter opposition to data center expansion, with 44 ballot measures seeking to restrict development approved as of Friday and two more leading significantly in ongoing counts, according to Data Centers on the Ballot. Dunleavy...