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Bit Origin Acquires Over 40 Million Dogecoin (DOGE) to Advance Treasury Strategy
GlobeNewswire News Room· 2025-07-21 12:30
Core Insights - Bit Origin Ltd has made an initial purchase of approximately 40.5 million DOGE as part of its digital asset treasury initiative, supported by capital facilities of up to $500 million [1][2]. Company Overview - Bit Origin Ltd is an emerging growth company based in the United States, engaged in cryptocurrency mining and actively deploying blockchain technologies alongside diversified expansion strategies [3]. Dogecoin Treasury KPIs - The average acquisition cost for DOGE is approximately $0.2466 per DOGE, with an initial DOGE-Per-Share (DPS) of around 0.691 [5]. - The company recognizes the potential of Dogecoin for micropayments, driven by renewed developer activity and institutional interest in tokenization [2].
NextGen Digital Announces Treasury Strategy to Incorporate Crypto Assets, Acquires $1.0 Million in Bitcoin
Globenewswire· 2025-07-21 11:30
Core Viewpoint - NextGen Digital Platforms Inc. is acquiring $1.0 million worth of Bitcoin as part of its corporate treasury strategy, which includes the acquisition of various crypto assets [1][2]. Group 1: Corporate Strategy - The company is diversifying its corporate reserves by allocating excess cash into crypto assets, recognizing them as potential long-term stores of value and a hedge against systemic financial risk [2][4]. - A strategy approved by the board allows the company to allocate up to 80% of its treasury holdings to crypto assets, with all assets being custodied through a regulated, institutional-grade custodian [3][4]. Group 2: Market Context - This allocation reflects a proactive approach to treasury management amid fiscal instability, inflationary pressures, and increasing institutional demand for decentralized financial alternatives [4][5]. - The company views this move as enhancing the resilience and diversification of its balance sheet, aligning with a global shift towards the adoption of digital assets [4][5]. Group 3: Company Operations - The strategic initiative is not expected to impact the company's current development activities or business plans, and any material acquisitions of crypto assets will be disclosed in future news releases as required by law [6][9]. - NextGen Digital Platforms Inc. is committed to providing transparency, regulatory compliance, and value creation for shareholders while developing innovative structures aligned with decentralized finance [7].
DeFi Technologies to Manage Nuvve's HYPE Treasury Strategy Through Newly Launched DeFi Advisory Business Line
Prnewswire· 2025-07-21 11:30
TORONTO, July 21, 2025 /PRNewswire/ - DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B), a financial technology company bridging the gap between traditional capital markets and decentralized finance, is pleased to announce that its newly launched DeFi Advisory business line has been engaged to act as the asset manager for Nuvve Holding Corp.'s (Nasdaq: NVVE) recently announced HYPE treasury strategy. Nuvve, a global leader in vehicle-to-grid (V2G) technol ...
The Ether Machine to Go Public with Over $1.5 Billion of Fully Committed Capital
Prnewswire· 2025-07-21 10:00
Core Insights - The Ether Machine, Inc. has launched as a public entity enabling investors to access Ethereum yield through a business combination with Dynamix Corporation, trading under the ticker "ETHM" on NASDAQ [1][4] - The company aims to be the largest public vehicle for institutional-grade exposure to Ethereum, focusing on secure and compliant access to ETH-denominated yield [2][19] - The leadership team consists of experienced blockchain pioneers and finance veterans, with a strong track record in Ethereum and crypto infrastructure [3][5] Company Strategy - The Ether Machine's strategy includes generating alpha through staking and decentralized finance protocols, aiming for risk-adjusted returns [10] - The company plans to catalyze the Ethereum ecosystem by supporting projects and publishing research to promote broader adoption [11] - Infrastructure solutions will be provided to institutions and Ethereum-native projects, ensuring compliance and risk management [12] Financial Highlights - The Ether Machine is expected to launch with over 400,000 Ether (ETH) and has secured significant financing, including approximately $645 million from Andrew Keys and over $800 million from institutional investors [4][15] - The transaction is projected to deliver over $1.6 billion in gross proceeds, making it the largest public Ether generation company [15] - The financing is anchored by contributions from notable investors, including 1Roundtable Partners, Blockchain.com, and Kraken [15] Leadership and Vision - Andrew Keys, Co-Founder and Chairman, has a history of institutional Ethereum adoption and was instrumental in early Ethereum initiatives [5] - David Merin, Co-Founder and CEO, has led significant fundraising efforts and acquisitions in the Ethereum space [5] - The leadership team emphasizes the importance of regulatory clarity and technological expertise in driving the company's success [7][8]
21Shares Files for 21Shares FTSE Crypto 10 Index ETF and 21Shares FTSE Crypto 10 ex-BTC Index ETF
Globenewswire· 2025-07-18 17:27
Core Viewpoint - 21Shares US LLC has filed a registration statement with the SEC for two new crypto exchange-traded funds (ETFs), marking a significant step in the regulatory engagement for cryptocurrency investment products in the U.S. [1][5] Group 1: Fund Details - The two funds are the 21Shares FTSE Crypto 10 Index ETF and the 21Shares FTSE Crypto 10 ex-BTC Index ETF, designed to provide diversified exposure to the crypto market through dedicated indexes [2][8] - The 21Shares FTSE Crypto 10 Index ETF tracks a market cap-weighted index of the top ten largest crypto assets globally, dynamically adjusting to reflect the size and success of each asset [8] - The 21Shares FTSE Crypto 10 ex-BTC Index ETF tracks a separate index that excludes Bitcoin, focusing on cryptocurrencies and blockchain networks with real-world applications [8] Group 2: Regulatory and Tax Structure - These ETFs are the first crypto basket ETFs registered under the Investment Company Act of 1940, offering a more familiar and tax-efficient vehicle for investors [2][3] - The funds qualify for Form 1099 tax reporting, simplifying tax obligations compared to the K-1 forms associated with other investment structures [3] Group 3: Company Background and Strategy - 21Shares AG, the sponsor of the ETFs, is a leading provider of cryptocurrency exchange-traded products, aiming to bridge traditional finance and decentralized finance [6] - The company has a seven-year track record of creating crypto ETFs and is backed by a specialized research team and proprietary technology [6] - The partnership with ETF Solutions by Teucrium supports the development and market entry of these products, highlighting a commitment to innovation in digital asset investing [4][6]
NextGen Digital Platforms Inc. Announces New CEO, Matthew Priebe
GlobeNewswire News Room· 2025-07-18 11:30
Core Viewpoint - NextGen Digital Platforms Inc. has appointed Matthew Priebe as the new CEO, succeeding Alexander Tjiang, who will remain as a Director to provide strategic guidance [1][4]. Group 1: Leadership Changes - Matthew Priebe brings a decade of experience in alternative investments and capital markets, having held founding and leadership roles in various firms [2]. - Alexander Tjiang expressed confidence in Priebe's ability to lead the company towards its mission of making Web3 and digital asset exposure accessible [4]. Group 2: Strategic Initiatives - The company has developed a debenture program that allows investors to earn returns on idle digital assets, which is expected to drive shareholder value [3]. - NextGen aims to announce additional Web3 and cash-generative ventures in the near future [3]. Group 3: Compensation and Incentives - Matthew Priebe has been granted 300,000 stock options at a price of $0.56 per share, exercisable over five years, with vesting occurring quarterly over 36 months [4]. - Additionally, Priebe received 350,000 restricted share units (RSUs) that will vest in six tranches based on milestones over 24 months [5]. Group 4: Company Overview - NextGen Digital Platforms Inc. is a publicly listed fintech and digital asset company focused on providing exposure to Web3 technologies and yield-bearing investment opportunities [6]. - The company operates an e-commerce platform and a hardware-as-a-service business supporting the AI sector [6].
NextGen Digital Platforms Inc. Announces New CEO, Matthew Priebe
Globenewswire· 2025-07-18 11:30
Core Viewpoint - NextGen Digital Platforms Inc. has appointed Matthew Priebe as the new CEO, succeeding Alexander Tjiang, who will remain as a Director to provide strategic guidance [1][4]. Group 1: Leadership Changes - Matthew Priebe brings a decade of experience in alternative investments and capital markets, having held founding and leadership roles in various firms [2]. - Alexander Tjiang expressed confidence in Priebe's ability to lead the company towards its mission of making Web3 and digital asset exposure accessible [4]. Group 2: Strategic Initiatives - The company has developed a debenture program that allows investors to earn returns on idle digital assets, which is expected to drive shareholder value [3]. - NextGen aims to announce additional Web3 and cash-generative ventures in the near future [3]. Group 3: Compensation and Incentives - Matthew Priebe has been granted 300,000 stock options at a price of $0.56 per share, exercisable over five years, with vesting occurring quarterly over 36 months [4]. - Additionally, Priebe received 350,000 restricted share units (RSUs) that will vest in six tranches based on milestones over 24 months [5]. Group 4: Company Overview - NextGen Digital Platforms Inc. is a publicly listed fintech and digital asset company focused on providing exposure to Web3 technologies and yield-bearing investment opportunities [6]. - The company operates an e-commerce platform and a hardware-as-a-service business supporting the AI sector [6].
X @Uniswap Labs 🦄
Uniswap Labs 🦄· 2025-07-17 14:54
Core Message - The industry emphasizes the importance of users having complete ownership and control over their assets [1]
Hyperion DeFi to Host Corporate Update Event to Discuss Strategic Evolution from Eyenovia and the Future of On-Chain Finance on July 29, 2025
Globenewswire· 2025-07-17 12:00
Core Viewpoint - Hyperion DeFi, Inc. is transitioning from a digital ophthalmic tech company to the first publicly-listed U.S. firm focused on building a strategic treasury around its native token HYPE, leveraging decentralized finance opportunities [1][5]. Group 1: Corporate Update Event - A special corporate update event is scheduled for July 29, 2025, featuring CIO Hyunsu Jung and CEO Michael Rowe to discuss the company's transformation and future strategies [1][2]. - The event will showcase how Hyperion DeFi is utilizing blockchain-native assets like HYPE to create scalable, yield-generating products and support the Hyperliquid ecosystem [2]. Group 2: Hyperliquid Platform and HYPE Token - Hyperliquid is a layer one blockchain optimized for high-frequency trading, featuring on-chain perpetual futures and spot order books with 70 millisecond block times [3]. - HYPE, the native token of Hyperliquid, offers utility through reduced trading fees and increased referral bonuses, with over 25 million HYPE sequestered as of June 2025, making it the 12th-largest cryptocurrency by market capitalization [4]. Group 3: Strategic Focus and Shareholder Benefits - Hyperion DeFi aims to provide shareholders with simplified access to the Hyperliquid ecosystem, focusing on long-term strategic treasury building with HYPE [5]. - The company is developing a proprietary Optejet User Filled Device (UFD) for ophthalmic applications, enhancing treatment compliance and outcomes [6]. Group 4: Investment Thesis and Future Strategies - The company believes in the potential of Hyperliquid as the future of decentralized finance and has accumulated over 1.4 million HYPE tokens to generate yield and secure the network [8]. - The investment thesis revolves around using a crypto treasury model to drive long-term shareholder value through staking revenues and ecosystem engagement [8].
21Shares Releases Mid-Year 2025 State of Crypto: Predictions Realised, Trends Solidified
Globenewswire· 2025-07-17 09:00
Core Insights - 21Shares has published its mid-year 2025 report, highlighting significant developments in the cryptocurrency market and validating its earlier predictions for the year [1][2] Group 1: Market Developments - The report indicates that nation-states are increasingly adopting Bitcoin as a strategic reserve asset, with the U.S. becoming the largest public holder with over 200,000 BTC [4] - Total assets under management (AUM) in global crypto ETPs have reached $180 billion, with a potential rise to over $250 billion if macro conditions improve, reflecting a 38% increase in valuations [4] - Solana is gaining market share against Ethereum, with real economic value narrowing the gap significantly from $73 million vs. $142 million in October 2024 to $30.5 million vs. $39 million in June 2025 [4] Group 2: Regulatory Changes - Many jurisdictions are reconsidering retail crypto bans, with the UK moving to lift the retail ban on crypto ETNs and Japan proposing to legalize Bitcoin ETFs [4] - South Korea has lifted its corporate crypto trading ban and is preparing to open the door to crypto ETFs, indicating a shift towards more favorable regulatory environments [4] Group 3: Stablecoin Adoption - Stablecoin AUM has reached an all-time high of $252 billion, with 35.7 million active addresses, showcasing the growing adoption by nation-states, financial institutions, and Web2 companies [4] - The GENIUS Act in the U.S. is gaining momentum for stablecoin legislation, while Hong Kong has launched a stablecoin sandbox and Thailand is piloting a retail baht-backed stablecoin [4]