Core Insights - SEGG Media Corporation has launched a two-year Web3 and Digital Asset Strategy aimed at generating sustainable on-chain yield and accelerating tokenization in sports and entertainment [1][2] - The company has established a $300 million Digital Asset and Tokenization Program, positioning itself as a pioneer among NASDAQ-listed firms in integrating traditional finance with blockchain [2][6] Digital Asset Strategy - The strategy includes an 80/20 capital allocation model, with 80% of capital allocated to a multi-asset crypto treasury focused on Bitcoin, Ethereum, Solana, and ZIGChain, while 20% will fund strategic acquisitions [3][8] - The initiative aims to create a tokenized sports and entertainment ecosystem, enhancing fan engagement and monetization opportunities for athletes and artists [5][9] Execution Roadmap - The rollout will occur in four phases: 1. Activation of the SEGG Media Crypto Advisory Board and validator setup [9] 2. Tokenization pilots under Sports.com and Concerts.com [9] 3. Expansion of the Sports and Entertainment Exchange platform [9] 4. Full Web3 convergence with a multi-asset treasury and active validators [9] Governance and Transparency - The SEGG Media Crypto Advisory Board will oversee governance and transparency in treasury, validator, and tokenization operations [6] - All income from validator activities will be reported through SEC-compliant filings to ensure transparency and shareholder value [4][6] Strategic Partnerships - SEGG Media has signed a Memorandum of Understanding (MOU) with ZIGChain to leverage its blockchain infrastructure for real-world asset tokenization [3][10] - This partnership aims to enhance institutional-grade infrastructure for yield generation and fan participation [5][10]
SEGG Media Charts a Bold Course into Web3 with $300M Digital Asset Initiative
Globenewswire·2025-10-30 12:30