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Oxbridge / SurancePlus to Attend Money20/20 Europe in Amsterdam
Globenewswire· 2025-06-02 20:05
Core Insights - Oxbridge Re Holdings Limited, along with its subsidiary SurancePlus, is focused on the tokenization of Real-World Assets (RWAs), specifically in the area of tokenized reinsurance securities and providing reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States [1][6][7] - The company is participating in Money20/20 Europe 2025, a significant event in the blockchain and digital assets space, which will take place from June 3-5, 2025, in Amsterdam [1][2] - Oxbridge aims to democratize access to high-yield institutional-grade reinsurance investment opportunities through discussions with existing and new partners during the event [3][4] Company Overview - Oxbridge Re Holdings Limited is headquartered in the Cayman Islands and operates through subsidiaries including SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited [6] - The company offers tokenized RWAs as tokenized reinsurance securities and provides reinsurance business solutions to property and casualty insurers [6][8] - SurancePlus has developed the first "on-chain" reinsurance RWA sponsored by a publicly traded company, allowing for digitized interests in reinsurance contracts [8] Investment Opportunities - The company is promoting two specific tokenized reinsurance offerings: EtaCat Re, which targets a 20% annual return, and ZetaCat Re, which targets a 42% annual return [9]
NewGen Announces Planned $30 Million Strategic Investment in Solana Digital Asset Staking
Globenewswire· 2025-06-02 12:30
Core Insights - NewGen is expanding its digital asset portfolio by investing US$30 million in staking Solana, demonstrating a commitment to blockchain technology [1][2][3] - The investment will be financed through existing credit facilities totaling US$126 million [1] - This move follows an initial US$1 million investment in Bitcoin made in December 2024, indicating management's confidence in blockchain assets [3][4] Company Strategy - NewGen plans to establish a dedicated subsidiary focused on digital asset operations and investments, enhancing operational focus and strategic flexibility [3] - The investment in Solana is seen as a natural evolution of the company's digital asset strategy, reflecting a growing conviction in digital assets as a legitimate asset class [4] - The company aims to leverage Solana's high-speed transaction capabilities and staking rewards to create value for shareholders [2][4] Industry Context - Solana is recognized as a leading blockchain platform with a growing ecosystem of decentralized applications, which aligns with NewGen's strategic positioning [2] - The staking mechanism of Solana allows token holders to earn rewards while supporting network security and decentralization, presenting significant growth potential [2]
Captor Capital Corp. Drives Strategic Expansion with US$500,000 Bitcoin Acquisition and US$450,000 Convertible Loan Note from European Institutional Investor
Globenewswire· 2025-05-27 21:29
TORONTO, May 27, 2025 (GLOBE NEWSWIRE) -- Captor Capital Corp. (“Captor” or the “Company”) (CSE: CPTR) is excited to announce a significant milestone in its growth strategy with the acquisition of US$500,000 in Bitcoin for treasury holdings and the issuance of unsecured convertible loan notes (the “Notes”) in the aggregate amount of US$450,000 to a European-based institutional investor (the “Noteholder”). These strategic moves reinforce Captor’s commitment to innovative financial strategies and delivering e ...
PSQ (PSQH) - 2025 Q1 - Earnings Call Transcript
2025-05-08 21:32
Financial Data and Key Metrics Changes - Revenue for Q1 2025 grew by 95% year over year to $6,750,000 compared to $3,470,000 in Q1 2024 [5][27] - Operating expenses decreased by 10% year over year from $16,100,000 in Q1 2024 to $14,400,000 in Q1 2025 [6][29] - Gross margin expanded to 58% in Q1 2025 from 43% in Q1 2024 [8][27] Business Line Data and Key Metrics Changes - The FinTech division contributed $3,050,000 to revenue, while the brand segment contributed $3,270,000 [5] - The Public Square marketplace added just over $400,000 in revenue [5] - Subscription orders in the EveryLife brand accounted for 68% or $2,200,000 of Q1 revenue, indicating strong repeat customer strength [23] Market Data and Key Metrics Changes - The buy now pay later segment saw a slight dip in originations volume due to seasonal shifts post-Christmas [12] - The database of prequalified applicants for the buy now pay later services grew by 198,196 in Q1 [13] Company Strategy and Development Direction - The company is focusing on integrating synergies between its payments and marketplace segments, emphasizing a Made in America product assortment [17][20] - The strategy includes leveraging AI tools to enhance underwriting and mitigate risks, which is seen as critical for future growth [16] - The company aims to turn operating cash flow positive by the end of 2025 while maintaining a focus on reducing operating expenses [62] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the demand for their payment processing services, particularly from merchants facing cancellations from other providers [33] - The company anticipates significant revenue growth in the latter half of 2025 as it ramps up its marketplace and payment services [24] - Management highlighted the importance of grassroots marketing and community engagement as key drivers for growth [19] Other Important Information - The company has made strategic decisions to purchase leases and retain high-quality consumer receivables, totaling $1,100,000 in cash outflows [28] - A new line of credit is expected to reduce the cost of capital by approximately 50% by the end of Q3 2025 [17] Q&A Session Summary Question: Can you talk about the surprises, both favorable and unfavorable, on your payments rollout? - Management noted overwhelming demand for payment services, driven by merchants seeking reliable solutions after being dropped by other providers [32][33] - A challenge mentioned was the need for merchants to prioritize their technology replacements, which could slow down onboarding [36] Question: How should we think about your product pipeline and plans to move beyond baby and feminine hygiene? - Future product development is driven by customer feedback, with a focus on expanding into home essentials [40][42] Question: Could you talk about some of the cross-selling you've been working on? - Currently, 90% of synergies are from buy now pay later to payments, with plans to shift focus to marketplace merchants in the second half of the year [46][49] Question: What specific milestones or developments does Public Square anticipate could drive profitability? - Key milestones include onboarding signed GMV and the organic growth of the Public Square marketplace [62][63] Question: Will you ever accept Bitcoin as a form of payment on your platform? - Management expressed strong interest in exploring nontraditional payment methods, including Bitcoin and stable coins, as part of their future strategy [76][78]
Matador Technologies Announces New Bitcoin-Centric Identity as it Expands into Technology and Investment Activities
Globenewswire· 2025-05-07 11:30
Core Insights - Matador Technologies Inc. has rebranded itself as a vertically integrated Bitcoin ecosystem company, focusing on Bitcoin accumulation and product development [2][4][7] - The company's mission is to buy and hold Bitcoin, launch revenue-generating products, and reinvest cash flow to accumulate more Bitcoin, viewing it as both a treasury reserve asset and a platform for digital financial products [3][7] - Matador's new brand identity reflects its commitment to decentralized finance and emphasizes resilience, clarity, and long-term vision [4][7] Strategic Model - The Matador Bitcoin Model is designed as a self-reinforcing strategy that combines treasury management, infrastructure development, and ecosystem engagement [5][8] - The model aims to create a feedback loop where product cash flows support further Bitcoin acquisition, enabling the launch of new products and partnerships [5][7] - The company plans to strategically accumulate Bitcoin, generate treasury yield, build real-world applications, and support the broader Bitcoin ecosystem [8] Proposed Business Change - Matador has proposed a change of business from a Tier 2 Technology Issuer to a Tier 2 Technology/Investment Issuer, which will provide greater operational flexibility and support its growth trajectory [6][9] - This change reflects the company's evolution over the past six months and aims to unlock opportunities in high-growth areas of the digital asset economy [6][7] Investment Strategy - The company intends to expand its investment mandate to include tokenized real-world assets, NFTs, DeFi protocols, and other digital asset-based income streams [14] - Matador plans to strategically issue securities to fund additional acquisitions of Bitcoin and digital assets, participate in network operations, and develop decentralized applications [14] Management and Vision - Matador will retain its core management team and Board of Directors while adopting an investment policy that allows for innovative strategies across the Bitcoin and digital asset landscape [9][11] - The CEO and Chief Visionary Officer emphasize that Bitcoin will continue to serve as the foundation for innovation in value and digital infrastructure [10]
21Shares Files Form S-1 for SUI ETF in the U.S.
Globenewswire· 2025-05-01 10:35
NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- 21Shares has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (“SEC”) for a SUI exchange traded fund (“ETF”). The launch of the 21Shares SUI ETF is pending effectiveness of the Form S-1 as well as approval of a Form 19b-4 filing by the SEC. 21Shares SUI ETF seeks to track the performance of Sui, as measured by the performance of the CF Sui-Dollar Reference Rate Index. Notes to editors About 21Shares 21Shares AG, an affiliate of 2 ...
21Shares and Sui Join Forces to Expand Global Access to Sui Network
Globenewswire· 2025-05-01 10:35
Core Insights - 21Shares has formed a strategic partnership with Sui to enhance its global presence and capitalize on the growing interest in the Sui ecosystem [1][2] - The partnership aims to produce product collaborations, research reports, and initiatives that reflect the increasing institutional interest in Sui, which is recognized for its speed, throughput, and scalability [2][4] - Sui is positioned as a high-performance Layer-1 blockchain designed for mass adoption, featuring an object-centric architecture that allows for parallel transaction execution and sub-second finality [4][7] Company Overview - 21Shares is a leading provider of cryptocurrency exchange-traded products (ETPs) and has established a significant presence in Europe, now focusing on expanding into the U.S. market [3][5] - The company has a track record of innovation, having launched the world's first physically-backed crypto ETP in 2018, and offers a comprehensive suite of crypto ETPs [5][6] - 21Shares is part of 21.co, a global leader in decentralized finance, and aims to bridge traditional finance with decentralized finance [6] Sui Blockchain Features - Sui is designed to be a global coordination layer for digital assets, emphasizing speed, security, and accessibility for users and developers [5][7] - The blockchain supports a variety of applications, including consumer-facing products and institutional-grade solutions, showcasing its versatility [4][7] - Sui's architecture enables low-cost, high-speed transactions, making it suitable for both everyday users and enterprises [4][7]
Above Food Ingredients Inc. Files Interim Financial Statements
Newsfile· 2025-04-25 19:36
Core Viewpoint - Above Food Ingredients Inc. is taking significant steps to comply with Nasdaq listing requirements and is undergoing a strategic transformation towards higher-margin sectors, including Agri-Tech and Fin-Tech, following recent acquisitions that enhance profitability and market reach [1][2][4][5]. Financial Compliance and Reporting - The company will file its interim balance sheet and income statement for the period ended July 31, 2024, on April 28, 2025, to comply with Nasdaq Listing Rule 5250(c)(2) [1][6]. - The only remaining compliance issue is the closing bid price of the company's securities, which is below $1 per share [6]. Strategic Acquisitions - Above Food acquired The Redwood Group LLC in August 2024, which has positively impacted the company's profitability [3]. - The acquisition of Palm Global Technologies Inc. is expected to significantly enhance the company's revenue run-rate, currently at approximately $200 million CAD, and improve profitability [5]. Corporate Transformation - The company has undergone substantial restructuring, eliminating most of its corporate debt and transitioning its operations into profitability [4]. - The strategic focus on Agri-Tech, Fin-Tech, Ed-Tech, and Asset Tokenization is aimed at expanding the company's market presence in regions such as Latin America, Africa, and Asia [5][8]. Company Overview - Above Food Ingredients Inc. is dedicated to producing nutritious food products with a focus on transparency and sustainability, leveraging advanced technologies in agriculture and processing [7]. - Palm Global is recognized for its innovative solutions in financial inclusion and agri-tech, utilizing AI and blockchain technologies to empower farmers and enhance food security [8].
🔓 Cardano’s Smart Contracts: Unlocking the Future of Blockchain 🚀🧠 | Crypto book
Crypto Book· 2025-04-07 18:57
Cardano smart contracts offer a world of possibilities. By 2025, these self-executing digital agreements could revolutionize industries from real estate to supply chains. With Cardano's unique approach, contracts are faster, cheaper, and more eco-friendly while ensuring secure, transparent transactions.From decentralized finance to digital identity, the potential is endless. Cardano smart contracts are rewriting the rules of blockchain, empowering everyone with access to trustworthy, efficient digital agree ...
🔗 Solana’s Scalability 🚀 The Future of DeFi is Here! | Crypto book
Crypto Book· 2025-04-06 20:54
Salana is rewriting the rules of decentralized finance. With 65,000 transactions per second and fees of fractions of a cent, it's faster and more affordable than traditional cryptocurrencies. Salana's scalability is a gamecher, enabling DeFi apps to operate like sports cars with instant trades, fast loans, and seamless yield farming.This accessibility and efficiency are making decentralized finance accessible to everyone, not just the techsavvy or wealthy. As DeFi grows, Salana grows with it, creating a new ...