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NextGen Digital Platforms Inc. Responds to OTC Markets Request on Recent Promotional Activity
Globenewswire· 2025-10-03 01:00
Core Viewpoint - NextGen Digital Platforms Inc. has been involved in promotional activities regarding its common shares, which were disclosed following a request from OTC Markets Group Inc. The company acknowledges its engagement with Gold Standard Media LLC for investor relations and advertising services, which included the distribution of promotional materials [1][2][3]. Group 1: Promotional Activities - On September 29, 2025, OTC Markets informed the company about promotional activities related to its shares, including newsletters published by Gold Standard Media LLC discussing the company and its Bittensor business [2]. - The company entered into an advertising agreement with Gold Standard Media LLC on July 28, 2025, and was aware of the promotional activities since that date [3]. - The company provided publicly available information for the marketing materials, which were reviewed and approved by management for factual accuracy [5]. Group 2: Company’s Position on Promotional Impact - The company does not believe that the promotional activities were the primary factor for any increase in trading volume but rather that they increased investor interest and awareness [6]. - After inquiries, the company confirmed that no directors, officers, or third-party service providers were involved in the creation or distribution of promotional materials beyond what was disclosed [7]. Group 3: Recent Share Transactions - The CEO of the company purchased 300,000 shares in the past 90 days, indicating insider confidence [8]. Group 4: Investor Relations and Services - The company has engaged several third-party service providers for investor relations and marketing services over the past twelve months, including Gold Standard Media LLC, Tafin GmbH, and others [9]. Group 5: Company Overview - NextGen Digital Platforms Inc. is a publicly listed fintech and digital asset company focused on Web3 technologies, blockchain infrastructure, and digital assets, aiming to develop innovative financial structures aligned with decentralized finance [11]. - The company also operates PCSections.com, an e-commerce platform, and a hardware-as-a-service business supporting the artificial intelligence sector [12].
Australia’s Fitell Adds 216.8M $PUMP to Solana Treasury – Stock Sinks 14% on Debut Buy
Yahoo Finance· 2025-10-02 17:57
Core Insights - Fitell Corporation has made its first direct purchase of 216.8 million Pump.fun (PUMP) tokens valued at $1.5 million, indicating a commitment to the Solana ecosystem and its digital asset treasury strategy [1] - The company aims to become the largest public holder of Solana in the Asia-Pacific region, supported by a $100 million credit line to implement its treasury strategy [2][6] - Fitell is undergoing a rebranding to Solana Australia Corporation, focusing on staking, yield generation in decentralized finance, and structured products [3] Company Strategy - The acquisition of PUMP tokens is part of Fitell's broader strategy to diversify its treasury and participate in Solana's growth [2] - Fitell plans to provide updates on future digital asset allocations as it expands its portfolio [2] - The company has appointed David Swaney and Cailen Sullivan as advisers to guide its digital asset expansion, leveraging their extensive experience in the industry [4] Market Response - Despite the strategic acquisition, Fitell's stock has faced pressure, closing at $5.20 on October 2, down 13.62% for the day and nearly 15% over the past five trading sessions, indicating investor caution [5] - The company is also pursuing a dual listing on the Australian Securities Exchange to enhance investor access [6] Industry Context - Solana's adoption as a corporate treasury asset is increasing, with institutions holding nearly 18 million SOL, valued at approximately $4.07 billion, reflecting a growing trend among public companies and investment groups [7]
Perp DEXs Hit $1 Trillion Monthly Volume for First Time as Aster, Hyperliquid Lead Surge
Yahoo Finance· 2025-10-02 15:51
Core Insights - Perpetual DEXs have achieved a record trading volume of $1.226 trillion over the past 30 days, marking a 48% increase from August's $707.6 billion volume [1] - Aster DEX has emerged as the leader in this sector, accounting for nearly 50% of the market share with a volume of $493.61 billion [2] - Hyperliquid follows closely, generating over $280 billion in trading volume during the same period [2] Trading Volume Performance - Aster DEX leads the market with $493.61 billion in trading volume, representing a significant portion of the perp DEX market [2] - Hyperliquid has also shown strong performance with over $280 billion in trading volume [2] - Other notable platforms include Lighter DEX with over $165 billion and a combination of EdgeX, Pacifica, and Apex Protocol generating $116 billion [3] Market Dynamics - The rapid growth of the perpetual DEX market indicates a shift from centralized exchanges (CEXs) to decentralized alternatives, driven by factors such as transparent settlement and non-custodial trading [4] - Lighter DEX, operating in private beta, has attracted $164.4 billion in September, securing third place in trading volume [4] Fee Generation - Aster DEX has generated over $121 million in fees, surpassing Circle by over $65 million and closely competing with Tether, which generated $155.2 million [6] - Hyperliquid ranks as the 5th highest revenue-generating protocol in the crypto market, with over $23 million in fees generated in the last week [6] Company Background - Aster, formerly known as APX Finance, rebranded in March after merging with Astherus and is backed by YZi Labs [7]
Sharps Technology Teams Up With Crypto.com To Grow Solana Strategy
Yahoo Finance· 2025-10-02 13:26
Core Insights - Sharps Technology Inc. announced a stock repurchase plan of up to $100 million through open-market purchases and negotiated transactions [1] - The company is expanding its digital asset strategy focused on Solana in partnership with Crypto.com, which will provide custody, liquidity, and over-the-counter trading services [1][4] - Sharps has acquired over 2 million Solana tokens, valued at over $400 million, with plans to deploy a portion into Solana-native projects to earn yield [2] Group 1 - The partnership with Crypto.com aims to connect traditional finance with blockchain assets and position Sharps as a significant institutional player in the Solana ecosystem [4] - The strategic advisor emphasized that the digital asset treasury is a step toward building open and efficient financial infrastructure [3] - The stock price of STSS increased by 2.65% to $6.96 in premarket trading following the announcements [4]
Coinbase Initiated At Buy By BTIG With $410 Price Target
Financial Modeling Prep· 2025-10-01 18:14
Group 1 - BTIG initiated coverage of Coinbase Global Inc. with a Buy rating and a $410.00 price target, emphasizing its role as a leading crypto trading platform and a bridge between traditional finance and decentralized finance [1] - Analysts noted that Coinbase is investing in key areas to create a growth flywheel between its core trading business and digital asset applications, highlighting the scaling derivatives segment and Base App as underappreciated growth drivers [1] Group 2 - Continued adoption of USDC stablecoin is identified as a long-term revenue opportunity for Coinbase [2] - Coinbase is described as one of the most trusted names in crypto, well positioned to innovate and diversify its business for sustained growth [2]
X @ShapeShift
ShapeShift· 2025-10-01 17:33
⚔️ DeFi Showdown FINAL MATCH⚔️It all comes down to this.👑 @MorphoLabs vs. @zkp2p 👑One will claim the crown as Top DeFi Protocol on @base!Your vote decides the winner — and earns you a share of the ETH pot.🗳️ Voting opens at 2pm ET👇 Link below https://t.co/PhFYUx6tNYShapeShift (@ShapeShift):It's time to determine the #1 DeFi community on @base! 🟦The competition begins tomorrow on @jokerace_io:⤷ 16 protocols⤷ 1 👑 for the winning communityVote + earn ETH if you're side wins!Here's how the bracket stacks up 👇 h ...
21Shares Names Mickey Janvier Head of North America Sales to Accelerate Regional Growth
Globenewswire· 2025-10-01 13:00
Core Insights - 21Shares has appointed Mickey Janvier as Head of North America Sales to enhance its distribution strategy in the U.S. market [1][2] - The U.S. has experienced significant crypto adoption in 2025, driven by favorable legislative and regulatory conditions [2] - 21Shares currently manages over $11 billion in assets and has launched spot Bitcoin and Ethereum ETFs in 2024 [3] Company Overview - 21Shares is a leading provider of cryptocurrency exchange traded products (ETPs) and offers the largest suite of crypto ETPs in the market [4] - The company aims to bridge traditional finance and decentralized finance, having launched the world's first physically-backed crypto ETP in 2018 [4] - 21Shares is backed by a specialized research team and proprietary technology, focusing on innovative and cost-efficient investment solutions [4] Leadership and Strategy - Mickey Janvier brings over a decade of experience in distribution and business development, previously serving as Head of Americas Distribution at Perpetual Asset Management [2][3] - Janvier's leadership is expected to strengthen relationships with financial advisors, wealth management platforms, and institutional buyers [1][2] - The firm is focused on enhancing client support and expanding its reach throughout North America [2][3]
X @BSCN
BSCN· 2025-09-29 21:40
RT BSCN (@BSCNews)PANCAKESWAP LAUNCHES FEE-EARNING LIMIT ORDERS TO REWARD TRADERS WHEN ORDERS ARE FILLED- @PancakeSwap has announced the launch of a first-of-its-kind feature in decentralized finance: fee-earning limit orders.- With this upgrade, traders not only place limit orders but also earn fees when their orders are executed, making PancakeSwap the first decentralized exchange (DEX) to introduce such an incentive model.Key Details:- The new feature is powered by PancakeSwap’s in-house, onchain Limit O ...
Cathie Wood Says Bitcoin 'Owns The Cryptocurrency Space' — Here Is Why The Ark CEO Differs With Tom Lee On Ethereum
Yahoo Finance· 2025-09-29 20:31
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Veteran investor and cryptocurrency advocate Cathie Wood referred to Bitcoin (CRYPTO: BTC) as the “pure cryptocurrency” in an interview aired Saturday, indicating that it will always have an edge over Ethereum (CRYPTO: ETH). ‘Bitcoin Owns The Crypto Space’ Speaking to Wilfred Frost on The Master Investors podcast, the Ark Invest CEO expressed confidence that Bitcoin would be the “biggest” cryptocurrency ...
SWIFT Teams With Ethereum Software Giant Consensys for Blockchain Prototype
Yahoo Finance· 2025-09-29 19:05
Core Insights - The SWIFT network is collaborating with Consensys and 30 firms, including major banks, to develop a prototype for real-time 24/7 cross-border payments [1][4] - The proposed ledger will securely log transactions, validate them, and enforce rules via smart contracts [2][3] - SWIFT's core function is messaging, not payment processing, facilitating communication about money movement among financial institutions [3] Industry Impact - SWIFT connects over 11,500 institutions across more than 200 countries, with a daily transaction value of approximately $7.5 trillion [4] - The network processes around 53 million financial messages daily, indicating significant potential for on-chain processing [4] - If 6% of SWIFT's volume were processed on Ethereum, it could double Ethereum's transaction volume, while only 0.51% would be needed to double throughput on Linea [5]