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Quantum BioPharma Partners with BitGo to Securely Store its Crypto Currency Assets
Globenewswire· 2025-05-21 12:00
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].
CoinShares Expands XBT Provider Platform with Seven New Physical Crypto ETPs
Globenewswire· 2025-05-21 04:30
May 21, 2025 | SAINT HELIER, Jersey | CoinShares International Limited ("CoinShares'' or "the Group") (Nasdaq Stockholm: CS; US OTCQX: CNSRF), a leading global investment company specializing in digital assets with over $6 billion in AUM, announces the expansion of its Swedish XBT Provider Platform with the launch of seven new physically-backed crypto Exchange Traded Products (ETPs). CoinShares is leveraging its well-established and respected Swedish platform, CoinShares XBT Provider AB, to offer investors ...
Metalpha Technology Holding Limited Lists on Frankfurt Stock Exchange
Prnewswire· 2025-05-20 13:00
Core Viewpoint - Metalpha Technology Holding Limited has announced the availability of its shares for trading on the Frankfurt Stock Exchange, enhancing its visibility and accessibility for European investors while maintaining its primary listing on the Nasdaq Stock Market [1][2]. Company Overview - Metalpha Technology Holding Limited is a leading digital asset wealth management company that provides digital asset-focused wealth management services through a full-service, institutional-grade platform [3]. - The company aims to become a leader in digital asset-based wealth management, emphasizing innovation and transparency in its offerings [3]. Market Impact - The listing on the Frankfurt Stock Exchange is expected to facilitate investor access across European and international markets, aligning with the growing global interest in digital asset investments [2].
Wen Acquisition Corp Completes $300,150,000 Initial Public Offering
GlobeNewswire News Room· 2025-05-19 21:21
New York, NY, May 19, 2025 (GLOBE NEWSWIRE) -- Wen Acquisition Corp (the “Company”) announced today the closing of its initial public offering of 30,015,000 units, which includes 3,915,000 units issued pursuant to the exercise by the underwriters of their over-allotment option in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $300,150,000. The Company’s units began trading on May 16, 2025 on The Nasdaq Global Stock Market LLC (“Nasdaq”) under the ticker symbol “WENNU.” Each ...
美股上市公司 TopWin 跨足 Web3,攜手 Sora Ventures 打造亞洲版 MicroStrategy
Globenewswire· 2025-05-19 21:10
Hong Kong, May 19, 2025 (GLOBE NEWSWIRE) -- 曾以精品腕錶業務聞名的 Top Win International Limited 宣布正式邁入數位資產領域,不僅將企業品牌重塑為「AsiaStrategy」,更準備與知名 Web3 基金 Sora Ventures 合作,推動以比特幣為核心的資產策略,鎖定亞洲快速崛起的加密與 Web3 市場。 為何選擇亞洲?Web3 境況正火熱 亞洲作為全球半數人口的家園,正在成為區塊鏈技術和 Web3 革命的熱點地區。TopWin 看準這一波產業浪潮,認為亞洲的技術普及度與政策發展提供了極具潛力的數位資產土壤,企業若能搶先布局,未來可望在這片高成長市場中取得先機。 與 Sora Ventures 合作,打造亞洲版「MicroStrategy」 TopWin 的關鍵戰略之一,就是與 Sora Ventures 合作。該基金自 2018 年即專注於比特幣相關投資,近期更與 Metaplanet 合作打造日本首家「MicroStrategy 類型」企業,並著手複製這一模式到香港市場。TopWin 希望藉由與 Sora 的夥伴關係,不僅強化比 ...
Mawson Infrastructure Group Inc. Reports Q1 2025 Unaudited Financial Results
Globenewswire· 2025-05-15 21:15
27% Y/Y Growth in Digital Colocation Revenue in Q1 2025 24% Y/Y Growth in Energy Management Revenue in Q1 2025 Executed New Digital Colocation Customer Agreement in Q1 2025 for about 17,453 latest-generation ASICS or about 64 MW of compute capacity at Mawson’s facilities MIDLAND, Pa., May 15, 2025 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. ("Mawson", "the Company"), a publicly-traded technology company that offers digital infrastructure platforms for artificial intelligence (AI), high-performance ...
Vocodia Secures Up to $3 Million to Advance Digital Asset Strategy
Globenewswire· 2025-05-15 12:52
BOCA RATON, Fla., May 15, 2025 (GLOBE NEWSWIRE) -- Vocodia Holdings Corp. (OTC: VHAI), a provider of AI-powered customer engagement solutions, today announced it has secured up to $3 million in funding to support the company’s entry into the digital asset space. The capital will be used to acquire select digital assets, aligning with Vocodia’s long-term technology and investment strategy. The company’s proprietary Predictive AI tools, developed in collaboration with strategic partners, will guide asset sele ...
BTCS Inc. Arranges Financing to Buy up to $57.8 Million of Ether ($ETH) for Continued Strategy
Newsfile· 2025-05-14 12:30
BTCS Inc. Arranges Financing to Buy up to $57.8 Million of Ether ($ETH) for Continued StrategyFirst tranche of $7.8 million - CEO Participates in FundingMay 14, 2025 8:30 AM EDT | Source: BTCS Inc.Silver Spring, Maryland--(Newsfile Corp. - May 14, 2025) - BTCS Inc. (NASDAQ: BTCS) ("BTCS" or the "Company"), a blockchain technology-focused company, today announced that it has entered into an agreement for the issuance of convertible notes (the “Agreement”) through a facility of up to $57.8 milli ...
Where Food Comes From Q1 Profit Falls Amid Beef Market Headwinds
ZACKS· 2025-05-13 15:00
Shares of Where Food Comes From, Inc. (WFCF) have declined 13.5% since the company reported its earnings for the first quarter of 2025. This compares to the S&P 500 index’s 0.5% rise over the same time frame. Over the past month, the stock has declined 19.1% against the S&P 500’s 4.4% increase.Earnings & Revenue PerformanceFor the first quarter ended March 31, 2025, WFCF reported total revenues of $5.27 million, marking a 5.5% decline from $5.58 million in the same period of 2024. The revenue contraction wa ...
Exodus Reports First Quarter 2025 Results
Globenewswire· 2025-05-12 20:06
First Quarter 2025 Revenue of $36.0 million; Highest Q1 in HistoryOMAHA, Neb., May 12, 2025 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (NYSE American: EXOD) ("Exodus"), a leading self-custodial cryptocurrency platform, today announced its unaudited results for the first quarter ended March 31, 2025. First Quarter 2025 Financial Highlights (Unaudited) In USD millions, except percentagesQ1 2025Q1 2024 % Change Revenue<td style="max-width:2%; width:2%; min-width:2%;;padding-right: ...