Core Insights - Metavesco, Inc. has launched the OTCfi token airdrop, marking a historic first for publicly traded companies in the OTC market [1][2][3] - The OTCfi airdrop represents 2% of the total token supply and was available for a limited four-hour window to the OTC trading community [2][3] - The company aims for OTCfi to become the Digital Asset Treasury token of choice for OTC traded companies, with plans for token burns to reduce supply [3][4] Tokenization & Market Strategy - CEO Ryan Schadel emphasized the significance of the OTCfi initiative as a proof of concept for bringing OTC markets on-chain, enhancing liquidity and transparency [5][6] - Metavesco's current holdings of OTCfi tokens are valued at over $1.6 million, contributing positively to the company's balance sheet [4] - The company is actively engaging with regulatory bodies, including participation in an SEC roundtable to discuss the tokenization of OTC-traded equities [5] Vision and Future Outlook - Metavesco envisions bridging traditional businesses with blockchain innovation, aiming to create shareholder value through this initiative [6] - The company positions itself as a first mover in the market, likening its efforts to a transformative moment in capital markets [7]
Metavesco Makes History With First Token Airdrop by a Public Company
Prnewswireยท2025-09-03 11:45