TORONTO, May 29, 2025 (GLOBE NEWSWIRE) -- Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA, OTCQB: MATAF) is pleased to announce that it has entered into a binding letter of intent ("LOI") to invest in a publicly traded Indian technology company, tentatively named HODL Systems (“HODL”), that implements a treasury strategy which includes investing into digital assets. Under the terms of the LOI, Matador will commit to invest up to USD$3,200,000 (“Investment Amount”) in a share warrant struc ...

CHICAGO and LONDON, May 29, 2025 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, and CF Benchmarks, the leading provider of cryptocurrency benchmark indices, today announced plans to launch four new cryptocurrency reference rates and real-time indices for Arbitrum, Ondo, NEAR and Sui.These reference rates and indices are not tradable futures products."Our new benchmarks are designed to provide clear and transparent pricing data to a broad range of market participants, allowing them t ...

SHANGHAI, May 29, 2025 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a rapidly expanding leader in Bitcoin mining, has finalized the divestment of all its business in the PRC (the "PRC Business"), a strategic transaction valued at approximately US$351.94 million in cash with Ursalpha Digital Limited. The sale, which closed on May 27, 2025, decisively repositions Cango to concentrate its full financial and operational capabilities on accelerating its leadership in the global Bitcoin min ...

Core Insights - Moomoo is expanding into cryptocurrency trading with the launch of Moomoo Crypto, aimed at providing a comprehensive digital asset investment service for U.S. users [1][2] Company Overview - Moomoo is a global investment and trading platform that empowers investors with user-friendly tools, data, and insights, designed to facilitate informed investment decisions [5][6] - The company operates globally, serving investors in multiple countries including the U.S., Singapore, Australia, Japan, Canada, and Malaysia, and is a subsidiary of Nasdaq-listed Futu Holdings [6] Cryptocurrency Trading Expansion - Moomoo plans to launch over 30 cryptocurrencies, initially supporting major coins like Bitcoin and Ethereum, with a gradual rollout of additional offerings [2][3] - The platform will utilize Coinbase's Crypto-as-a-Service (CaaS) infrastructure to enhance its cryptocurrency trading capabilities [2][4] - Advanced trading tools will be available, including spot charting and copy trading, with educational resources to assist users in navigating the crypto market [3] Market Context - The move into cryptocurrency comes as digital assets gain mainstream adoption, with increasing retail participation and regulatory clarity in key markets [4] - Moomoo's entry into the crypto sector aims to capture growing demand from its existing user base while attracting new crypto-focused traders [4]

DigiAsia Launches $100 Million Bitcoin Treasury Initiative and Begins Shortlisting Investment Banks for Capital RaiseStrategic $100M Capital Raise to Expand DigiAsia's Bitcoin (BTC) Treasury ReservesMay 27, 2025 8:08 AM EDT | Source: DigiAsia CorpNew York, New York--(Newsfile Corp. - May 27, 2025) - DigiAsia Corp (NASDAQ: FAAS) ("DigiAsia" or "the Company"), a technology-driven fintech platform advancing digital financial services in Asia and beyond, today announced that it is currently in the ...

Core Insights - Tetra Trust Company has been selected by Wealthsimple to provide digital asset custody services, marking the first Canadian custodian added to Wealthsimple's roster [2][3] - The partnership aims to enhance the digital asset ecosystem in Canada by combining Wealthsimple's consumer platform with Tetra's institutional-grade custody solutions [3] - Urbana Corporation owns 55.6% of Tetra's common shares, indicating a significant stake in the company [4] Company Overview - Urbana Corporation is a diversified entity focused on financial services, information services, and innovative technologies, aiming for income and capital appreciation through public and private investments [5] - Tetra Trust Company, founded in 2019, is Canada's first trust company licensed to custody digital assets, backed by major industry players [6]

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]

Group 1 - VersaBank will report its second quarter fiscal 2025 financial results on June 4, 2025, at 7:00 a.m. ET, followed by a conference call at 9:00 a.m. ET [1] - The conference call will feature presentations by David Taylor, President & CEO, and John Asma, CFO, with a question and answer session to follow [1] - The financial results will be released via news release at approximately 7:00 a.m. ET on the same day [1] Group 2 - For those wishing to join the conference call, registration can be done in advance for an automated call back, or participants can dial in directly [2] - A live webcast of the presentation will be available on the Bank's website and through a specific link [3] - An archived version of the webcast will be accessible for 90 days post-event, and a replay of the teleconference will be available until July 4, 2025 [4] Group 3 - VersaBank operates as a federally chartered bank in both Canada and the US, utilizing a branchless, digital business-to-business model [5] - The Bank has launched a Receivable Purchase Program funding solution aimed at underserved markets in the US, building on its success in Canada [5] - VersaBank also owns DRT Cyber Inc., a leader in cybersecurity services, and has proprietary technology for digital assets, including Digital Deposit Receipts [5]

Company Overview - Oyster Enterprises II Acquisition Corp is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [2] - The company is focused on industries that align with the management team's background, including technology, media, entertainment, sports, consumer products, financial services, real estate, and hospitality [2] - Additionally, the company aims to pursue acquisition opportunities in AI companies and those within the digital assets and blockchain ecosystem [2] Management Team - The management team is led by Mario Zarazua, the Chief Executive Officer and Vice Chairman, and Heath Freeman, the Chairman [3] - The Board includes Divya Narendra, Lief Haniford, and Jordan Fliegel, with Randall D. Smith serving as an Advisor and Mike Rollins as the Chief Financial Officer [3] - BTIG, LLC is acting as the sole book-running manager for the offering [3] Initial Public Offering (IPO) Details - The company announced an upsized pricing of its initial public offering of 22,000,000 units at a price of $10.00 per unit [1] - The units are expected to be listed on the Nasdaq Global Market under the ticker symbol "OYSEU" and begin trading on May 22, 2025 [1] - Each unit consists of one Class A ordinary share and one right to receive one tenth of one Class A ordinary share upon the consummation of an initial business combination [1] - The offering is expected to close on May 23, 2025, subject to customary closing conditions [1] - The underwriters have been granted a 45-day option to purchase up to an additional 3,300,000 units at the initial public offering price to cover over-allotments [1]

Core Viewpoint - Quantum BioPharma Ltd. has partnered with BitGo Trust Company to manage and store its cryptocurrency assets, including Bitcoin, Solana, XRP, and DOGE coin, enhancing its security and compliance as a public company [1][2]. Company Overview - Quantum BioPharma is a biopharmaceutical company focused on developing innovative assets and biotech solutions for neurodegenerative and metabolic disorders, as well as alcohol misuse disorders [3]. - The company is advancing its lead compound, Lucid-MS, which is designed to prevent and reverse myelin degradation associated with multiple sclerosis [3]. - Quantum BioPharma retains a 22.95% ownership stake in Celly Nutrition Corp., which markets the product unbuzzd™, and is entitled to a 7% royalty on sales until total payments reach $250 million, after which the royalty will decrease to 3% [3]. Partnership with BitGo - BitGo will provide institutional-grade custody services, including multi-signature wallets and 100% cold storage technology, to protect Quantum's cryptocurrency assets from theft and unauthorized access [2]. - The partnership aligns with Quantum's priorities for security and compliance as it expands its engagement with cryptocurrency assets [2][3]. Industry Context - The collaboration with BitGo reflects a broader trend where institutions like Quantum are shaping the future of digital finance, emphasizing the need for secure and compliant infrastructure [3][5]. - BitGo is recognized as a leading provider of digital asset solutions, serving thousands of institutions and handling a significant portion of Bitcoin network transactions [5].