Group 1 - SovereignAI Services LLC (SVRN), a subsidiary of OceanPal Inc., has appointed G-20 Group to manage a new NEAR treasury yield strategy aimed at generating risk-managed yield on SVRN's NEAR holdings to fund AI infrastructure growth [1] - The strategy involves deploying a portion of SVRN's NEAR holdings through risk-managed derivative overlays to enhance yield while preserving liquidity [1] - The engagement with G-20 Group is expected to help SVRN maintain liquidity, maximize asset utility, and support its broader mission within the NEAR ecosystem [1] Group 2 - G-20 Group is a quantitative trading and asset-management firm that specializes in treasury management to generate alpha and capital efficiency [1] - The strategy structured by G-20 Group prioritizes capital preservation while capturing yield opportunities, focusing on delivering consistent, risk-managed returns [1] - SVRN's treasury management aims to make its NEAR balance sheet work harder without compromising liquidity, aligning with the company's long-term growth objectives [1]
SVRN Appoints G-20 Group to Manage NEAR Treasury Yield Strategy