Anchorage – November 10, 2026 -- Alaska Governor Mike Dunleavy has launched InvestNorth, a state-sponsored infrastructure financing platform built on Plural's AssetOS, alongside a new state entity, Alaska Data Corporation LLC (AKDC), to attract data center investment to the state.
AKDC will use state capital alongside private developers to site data centers
AKDC is a wholly owned subsidiary of the Alaska Industrial Development and Export Authority (AIDEA). It will work with digital infrastructure developers to site distributed data centers in communities across Alaska. Its stated aim is to keep the value of the buildout in the state. Digital infrastructure is the first target industry, funded from capital the state has set aside for technology projects statewide.
InvestNorth tokenizes asset ownership to automate payouts and tracking
InvestNorth converts ownership in an asset into secure digital records that carry each project's rules: who owns what, how money is paid out and who oversees it. The platform enforces those rules automatically, and every payment and ownership change is visible to all parties. AssetOS helps developers manage investor commitments, waterfall payments and transactions. Plural's Deal Factory is intended to speed public-private partnership opportunities to market.
Brandon Brefczynski, AIDEA Deputy Executive Director and AKDC President, said tokenization was chosen to make projects more transparent, accessible and automated.
Alaska residents could get exclusive access to some investments
AKDC and Plural expect the platform to support individual investors, with some opportunities available only to Alaska residents. Dunleavy said the state wants to explore how individual Alaskans can hold an ownership stake in data centers.
No offering is being made. Structure, timing and terms have not been determined. Any future opportunity would have to comply with federal and state securities laws and FINRA rules, and would require regulatory approvals.
Plural CEO and Co-Founder Adam Silver called AI infrastructure one of the largest capital needs in a generation. Plural holds SEC transfer agent registration, and Plural Brokerage, LLC is a FINRA member broker-dealer.