Universal Digital Inc. Appoints Chase Ergen to Advisory Board to Accelerate Global Digital Asset Strategy

Core Insights - Universal Digital Inc. has appointed Chase Ergen to its Advisory Board to enhance its global digital asset strategy [1][3] - Mr. Ergen brings over two decades of experience in satellite communications, 5G infrastructure, and digital asset innovation [2][3] - The appointment aligns with Universal Digital's goal of expanding institutional access to digital assets, particularly in the Asia Pacific region [4] Company Overview - Universal Digital Inc. is a Canadian investment company focused on digital assets and high-growth industries, particularly blockchain and cryptocurrencies [6] - The company aims to provide long-term capital growth through a diversified investment approach and participate in the transformation of global finance via digital asset strategies [6] Advisory Board Appointment - Chase Ergen's leadership experience includes early Bitcoin mining operations and promoting blockchain adoption [2][3] - His role is expected to support Universal Digital's engagement with individuals who have contributed to emerging financial technologies [3] Strategic Goals - The company is focused on expanding institutional access to digital assets through listed structures in the Asia Pacific [4] - There is a growing interest in corporate treasury applications of digital assets in the region, which the company aims to capitalize on [4] Compensation Details - Universal Digital has granted 75,000 restricted share units (RSUs) to Mr. Ergen as part of its Long-Term Incentive Plan, vesting over two years [5]