NEW YORK, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Black Titan Corporation (NASDAQ: BTTC) (the “Company” or “Black Titan”) today announced the appointment of Czhang Lin as Co-Chief Executive Officer, further strengthening the Company’s leadership team as it accelerates its strategic expansion into the digital asset and blockchain sectors. Mr. Lin brings deep expertise in the cryptocurrency and blockchain ecosystem, with a track record of investing in and advising high-growth Web3 projects around the world since 20 ...

Core Insights - J.P. Morgan Chase has launched a deposit token called JPM Coin aimed at institutional customers, representing dollar deposits with the bank [1][2] - The introduction of JPM Coin is part of a broader trend among financial institutions to enhance their digital asset offerings [2][4] Digital Asset Expansion - The JPM Coin allows users to send and receive money using the Base blockchain, which is associated with Coinbase, facilitating payments that process within seconds and operate 24/7 [2][3] - The launch follows a successful trial run in collaboration with companies like Mastercard, Coinbase, and B2C2, with plans to eventually expand the token's availability to J.P. Morgan's clients' customers and other currencies and blockchains [3][4] Market Context - The launch coincides with increased experimentation with digital assets by other financial institutions such as Citigroup, Santander, Deutsche Bank, and PayPal [4] - This initiative follows the introduction of the GENIUS Act in the U.S., which regulates stablecoins, highlighting the growing interest in digital currencies [4] Stability and Trust - Deposit tokens like JPM Coin are digital representations of traditional bank deposits, backed 1-to-1 by fiat currency, providing stability and reliability compared to volatile cryptocurrencies [5][6] - The backing by real-world assets enhances trust and security, which is essential for mainstream financial transactions [5][6] Regulatory Compliance - As deposit tokens are issued by regulated banks, they comply with stringent regulatory frameworks, addressing concerns about the adoption of digital currencies [6] - This compliance offers assurance to consumers and businesses, making deposit-based products a compelling alternative for institutional clients [7]

Core Insights - Circle Internet Group, Inc. reported strong financial results for Q3 2025, highlighting significant growth in revenue and net income, driven by the increasing adoption of USDC and the launch of the Arc public testnet [3][4][5]. Financial Highlights - Total revenue and reserve income reached $740 million, a 66% increase year-over-year [4][5]. - Net income from continuing operations was $214 million, reflecting a 202% year-over-year increase [4][5]. - Adjusted EBITDA was $166 million, up 78% year-over-year, with an adjusted EBITDA margin of 57% [4][5][10]. - USDC in circulation grew to $73.7 billion, marking a 108% increase year-over-year [5][6]. Corporate & Commercial Highlights - The Arc public testnet was launched with participation from over 100 companies across various sectors, indicating strong interest in programmable financial infrastructure [3][5][10]. - Circle is exploring the launch of a native token on the Arc network to enhance network participation and adoption [10][11]. - The Circle Payments Network (CPN) expanded to include 29 financial institutions, with 500 more in the pipeline, demonstrating growing commercial partnerships [5][16]. Key Operating Indicators - Average USDC in circulation was $67.8 billion, a 97% increase year-over-year [6]. - The stablecoin market share reached 29%, up 643 basis points [6]. - The number of meaningful wallets holding USDC increased to 6.3 million, a 77% growth [6]. Recent Developments - Reserve income increased to $711 million, a 60% year-over-year growth, primarily due to the rise in average USDC circulation [10][22]. - Other revenue surged to $29 million, up from $1 million year-over-year, driven by subscription and services revenue [10][22]. - Total distribution, transaction, and other costs rose to $448 million, a 74% increase year-over-year, reflecting higher distribution payments due to increased USDC circulation [10][22].

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Core Insights - AlphaTON Capital has appointed William De'Ath as Chief Partnership Officer to enhance global partnerships and ecosystem expansion, particularly focusing on the TON Mastercard program [1][3][6] Company Overview - AlphaTON Capital is a digital asset treasury company that develops the Telegram ecosystem and manages a strategic reserve of TON tokens, providing institutional-grade exposure to the TON ecosystem and Telegram's billion-user platform [7][8] - The company implements a comprehensive M&A and treasury strategy, combining direct token acquisition, validator operations, and strategic ecosystem investments to generate sustainable returns for shareholders [7] Leadership and Strategy - William De'Ath brings over three decades of experience in commercial strategy, blockchain, and AI ventures, which will be crucial for AlphaTON's growth and leadership in the ecosystem [3][4] - De'Ath's role includes overseeing the TON Mastercard business, expanding global adoption, and building long-term relationships with institutional stakeholders [10] Financial Impact - De'Ath has a proven track record, having delivered $28 million in annual recurring revenue (ARR) at PETRONAS through global partnerships and contracts with Fortune 500 companies [5] Future Growth Initiatives - The company aims to scale the TON Mastercard program and accelerate its global M&A strategy, leveraging De'Ath's leadership and network [6][10] - AlphaTON is focused on real-world adoption of cryptocurrency, aiming to integrate crypto into everyday life through the TON Mastercard initiative [6][10]

Legal Disclaimer - The document explicitly states that it does not constitute investment advice or a recommendation to purchase a specific digital asset [1]

Core Insights - Billionaire Michael Saylor's company, Strategy, has acquired an additional 487 BTC, bringing its total holdings to 641,692 BTC, valued at over $65 billion [1][6] - The recent purchases were made between November 3 and November 9, totaling $49.9 million at an average price of $102,557 per Bitcoin [1][6] - Strategy remains the largest corporate holder of Bitcoin globally, continuing a multi-year accumulation strategy [2][6] Funding and Financial Strategy - The latest Bitcoin acquisition was financed through proceeds from the sale of several classes of perpetual preferred stock under Strategy's at-the-market (ATM) program [2] - Between November 3 and November 9, the firm generated approximately $50 million in net proceeds from four preferred stock offerings, without issuing new common stock [3] - The company has over $15.8 billion in Class A common stock available for future issuance, indicating potential for further Bitcoin purchases [7] Market Position and Long-term Strategy - Strategy's incremental acquisition approach reflects a disciplined stance focused on long-term value amidst market volatility [4] - Saylor views Bitcoin as a means for institutions to preserve capital in an inflationary environment, demonstrating a commitment to a Bitcoin-centric treasury model [5] - The company's strategy positions it as a structural pillar in the evolving digital asset economy, reinforcing Saylor's vision for long-term appreciation of Bitcoin [7]

As filed with the U.S. Securities and Exchange Commission on November 7, 2025 Registration No. 333-290409 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 BITGO HOLDINGS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Delaware 6199 82-3998490 (I.R.S. Employer Identificati ...

Financial Performance - Trump Media (DJT) total assets amounted to $3.1 billion [1] - Trump Media (DJT) operating cash flow reached $10.1 million [1] - Trump Media (DJT) generated $61.1 million in revenue [1] - Trump Media (DJT) posted a net loss of $54.8 million [1] Key Factors - Net loss primarily due to digital asset valuation changes [1] - Net loss also due to legal costs [1]

Core Insights - Waton Financial Limited has delivered a tokenized AI agent named "DeMarc" to MOG Digitech Holdings Limited, marking its first commercial implementation under the "InfoMan" initiative [1][2] - The AI agent is designed to enhance investor relations through secure data management and intelligent automation, aligning with Waton's broader AI Enterprise Optimization strategy [2][4] - The integration of DePearl™ technology within the InfoMan framework positions Waton as a key player in the financial technology and intelligent automation sectors [4][5] Company Overview - Waton Financial Limited is a holding company based in the British Virgin Islands, providing a range of financial services including securities brokerage and asset management [6] - The company emphasizes technology-driven solutions and a customer-centric approach to deliver innovative financial services [6] Partner Company Overview - MOG Digitech Holdings Limited specializes in fintech solutions, focusing on digital infrastructure and enterprise solutions for the financial and commercial sectors in Asia [7] - The company is also involved in advancing stablecoin and decentralized finance ecosystems, highlighting its commitment to blockchain innovation [7]