Core Insights - Asset Entities Inc. has acquired the TikTok Money Machine assets, which includes a Discord community focused on teaching content creators how to sell products on TikTok Shop [1][2] - The acquisition is expected to generate an additional $300,000 in annual revenue and expand the company's presence in the rapidly growing TikTok Shop market [3] - TikTok Shop has generated over $4.6 billion in domestic revenue since its U.S. launch in September 2023, with more than half of U.S.-based marketers utilizing the platform [4] Company Developments - The Discord community associated with the acquisition connects content creators with major consumer product brands, allowing creators to earn commissions on sales made through their TikTok accounts [2] - Asset Entities has secured consulting agreements with TikTok influencers who collectively have 4.7 million followers on TikTok and 280,000 on Instagram [2] - CEO Arshia Sarkhani emphasized that this acquisition aligns with the company's strategic plan to increase gross revenues, following previous acquisitions in the Discord community and payment processing sectors [6] Industry Context - TikTok Shop enables merchants to sell directly to users through various in-app shopping features, including shoppable videos and live shopping experiences [4] - Recent partnerships, such as with Amazon and Walmart Connect, enhance TikTok's capabilities for product promotion and sales [5] - The growth of TikTok Shop reflects a significant trend in social commerce, with a notable increase in marketers leveraging the platform for direct sales [4]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 15, 2024 | --- | --- | --- | |-------------------------------------------------------------------------------------------------------|-------|-----------------------| | ASSET ENTITIES INC. (Exact name of Company as specified in its \nNevada 001-41612 | | charter) \n88-1293236 | | (Stat ...

DALLAS, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or “the Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, is pleased to announce that its revenues for the quarter ended September 30, 2024 were $202,921 compared to revenues of $60,135 for the quarter ended September 30, 2023, representing a 237% year over year increase.   “We are thrilled to see the st ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _____________ Commission File Number: 001-41612 ASSET ENTITIES INC. | --- | --- | |------------------------------------------------------ ...

Core Insights - Asset Entities Inc. has partnered with Grammy Award-winning artist Macy Gray to design, develop, and manage her server on the Discord platform, aiming to enhance fan engagement and support new artists [1][3][4] Company Overview - Asset Entities Inc. is a technology company specializing in social media marketing, management, and content delivery across various platforms including Discord, TikTok, Instagram, X (formerly Twitter), and YouTube [4] - The company claims to be the first publicly traded entity based on the Discord platform, hosting significant community-based education and entertainment servers [4] - Asset Entities offers a suite of services called AE.360.DDM, which is designed for the design, development, and management of Discord community servers [4] - The company also operates a Ternary payment platform, which is a Stripe-verified partner and CRM for Discord communities [4] Artist Collaboration - Macy Gray, known for her unique sound and significant contributions to music and film, has chosen to collaborate with Asset Entities to create a digital platform for emerging artists [2][3] - Gray expressed enthusiasm about working with Asset Entities, highlighting their role in future fan engagement through Discord [3] Leadership Commentary - Jeff Blue, the Head of Entertainment at Asset Entities, emphasized the importance of Macy Gray's integrity and experience in helping discover and develop new talent in the music industry [3]

DALLAS, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. (“Asset Entities” or “the Company”) (NASDAQ: ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, announced today that well-known social media influencer, American fitness model, training specialist, actor, and entrepreneur, Scott Mathison, has selected Asset Entities to Design, Develop, and Manage his digital fitness community server on the D ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10−Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _____________ Commission File Number: 001-41612 ASSET ENTITIES INC. (Exact name of registrant as specified in its charter) | --- | --- | |---- ...

DALLAS, July 30, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. ("Asset Entities" or "the Company") (NASDAQ:ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, today announced it has completed the second closing of its financing transaction involving the sale of shares of the Company's newly designated Series A Convertible Preferred Stock, $0.0001 par value per share, for gross proceeds of $1.5 million, f ...

DALLAS, July 29, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. ("Asset Entities" or "the Company") (NASDAQ:ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, today announced that the Company received formal notice (the "Notice") from the Nasdaq Office of General Counsel of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company has regained compliance with the minimum bid price requirement se ...

DALLAS, June 28, 2024 (GLOBE NEWSWIRE) -- Asset Entities Inc. ("Asset Entities" or the "Company") (NASDAQ:ASST), a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company, today announced a 1-for-5 reverse stock split (the "Reverse Stock Split") of its class A common stock, $0.0001 par value per share (the "Class A Common Stock"), and its class B common stock, $0.0001 par value per share (the "Class B Common Stock" a ...