Core Insights - ThreeD Capital Inc. congratulates DeLorean Labs on the launch of its digital token, $DMC, which became available for trading on June 24, 2025 [1][2] - DeLorean is relaunching as an electric vehicle company and has introduced DeLorean Labs, focusing on blockchain-based solutions and digital assets [3][4] - The $DMC token allows users to purchase DeLorean vehicles and engage in exclusive collaborations, merging culture with real-world utility [5][6] Company Developments - ThreeD Capital holds 179,560,730 $DMC tokens and 332,518 common shares in Gullwing Holdings Inc., the parent company of DeLorean Motor Company [2] - DeLorean Labs has partnered with Mysten Labs and the Sui Foundation, launching on the Sui Launchpad and selling out its pre-sale [7][9] - The company is developing a blockchain-based vehicle reservation marketplace called FLUX, which aims to enhance transparency and security in vehicle transactions [8][11] Market Positioning - DeLorean is the first automotive company to launch an official token, positioning itself as a leader in integrating blockchain technology within the automotive industry [6][9] - The $DMC token serves as a currency for cultural convergence, allowing innovative interactions with brands [6] - DeLorean's approach includes incentivizing brand loyalty through exclusive offers and collaborations, aiming to strengthen connections with enthusiasts [10]
ThreeD Capital Inc. Congratulates DeLorean on Token Launch and Web 3 Expansion
 Globenewswireยท2025-06-25 11:30