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]

Core Insights - Universal Digital Inc. has launched two double leveraged ETFs, MSTU and COIU, in partnership with LongPoint Asset Management, aimed at providing Canadian investors with enhanced exposure to key equities in the crypto sector [1][2][3] Group 1: ETF Launch Details - The newly launched ETFs are the first Canadian domiciled, double leveraged ETFs focused on MicroStrategy and Coinbase, providing amplified exposure to digital asset companies [1][2] - The ETFs are designed to provide 2X daily exposure to the respective U.S.-listed stocks, MicroStrategy Inc. (MSTU) and Coinbase Global Inc. (COIU) [5][6] - Both ETFs will be traded in Canadian dollars on the Toronto Stock Exchange (TSX) [1][2] Group 2: Company Vision and Strategy - The vision of Universal Digital is to bridge traditional and digital asset economies, enabling tactical access to leveraged exposure for Canadian investors [2][6] - LongPoint Asset Management emphasizes the innovative nature of these ETFs, catering to investors looking to manage short-term positions amid market volatility [2][7] Group 3: Market Position and Expertise - Universal Digital Inc. focuses on high-growth industries, particularly in blockchain and cryptocurrencies, aiming for long-term capital growth through a diversified investment approach [6] - LongPoint Asset Management boasts over 70 years of combined expertise in the ETF market, enhancing the credibility and potential success of the newly launched ETFs [7]

Core Viewpoint - Universal Digital Inc. has filed a preliminary prospectus for the launch of two new leveraged exchange-traded funds (ETFs) in partnership with LongPoint Asset Management, aimed at providing Canadian investors with amplified exposure to Coinbase and MicroStrategy [1][3][7] Group 1: ETF Details - The proposed ETFs are the LFG Daily (2X) COIN Long ETF (COIU ETF) and the LFG Daily (2X) MSTR Long ETF (MSTU ETF), designed to deliver twice the daily performance of Coinbase Global Inc. and MicroStrategy Inc., respectively [1][2] - Both ETFs will be structured as alternative mutual funds and are expected to be listed on the Toronto Stock Exchange (TSX) under the ticker symbols "COIU" and "MSTU" [2][4] - The ETFs are anticipated to be the first of their kind available for investors on a Canadian stock exchange, with significant existing investments in similar U.S. ETFs [4][5] Group 2: Partnership and Management - Universal Digital and LongPoint entered into a partnership agreement on May 21, 2025, to establish, operate, and market the ETFs in Canada, with LongPoint serving as the investment fund manager [3][5] - LongPoint brings over 70 years of combined expertise in the ETF market, focusing on compliance and operational management [10] Group 3: Market Context - There are currently over US$3.6 billion in assets invested in 2X long MSTR targeted ETFs and nearly US$850 million in 2X long COIN targeted ETFs in the U.S., indicating a strong market demand for such products [4]

Universal Digital Inc. (Formerly Minas Metals Ltd.) Announces Completion of Change of Business, Including Name Change, Ticker Symbol LFG, Strategic Acquisitions, and Divestment of Non-Core AssetsApril 30, 2025 7:52 AM EDT | Source: Universal Digital Inc.Vancouver, British Columbia--(Newsfile Corp. - April 30, 2025) - Universal Digital Inc. (CSE: LFG) ("Universal Digital" or the "Company") (formerly Minas Metals Ltd.) is pleased to announce that, further to its news releases dated January 27, 2 ...