LAS VEGAS, June 11, 2025 (GLOBE NEWSWIRE) -- Jetblack Corporation (OTC: JTBK), a publicly traded leader in innovation, is pleased to announce the launch of its proprietary crypto coin on June 23, 2025. This strategic initiative reflects Jetblack Corp.’s commitment to advancing blockchain technology and engaging its global community through a project rooted in innovation, creativity, and shared value. The meme coin is designed to leverage the growing influence of decentralization and meme culture, offering a ...

Core Viewpoint - Brag House Holdings, Inc. is launching a Name, Image, and Likeness (NIL) initiative aimed at helping student-athletes monetize their personal brands through digital collectibles and blockchain technology [1][2][3] Group 1: NIL Initiative Overview - The initiative seeks to empower student-athletes to connect directly with fans and generate revenue through authenticated digital collectibles and unique fan experiences [3][4] - Brag House aims to simplify the creation of digital collectibles using a no-code interface while ensuring compliance with NCAA and other regulations [4][5] - The platform will utilize secure digital ledger technology to facilitate transparent and efficient payments directly to student-athletes' wallets [6] Group 2: Market Context and Growth Potential - The NIL market was valued at approximately $917 million in 2022 and is projected to exceed $1.5 billion by 2027, indicating significant growth potential [7] - The global NFT trading volume surpassed $24 billion in 2023, with sports collectibles being a rapidly growing segment [7] - With over 20 million college students and half a million NCAA athletes in the U.S., the opportunity for Brag House to connect student-athletes with fans through blockchain-backed assets is substantial [8] Group 3: Future Plans and Collaborations - The NIL initiative is set to pilot with select campuses in late 2025, with further updates and collaborations with student-athletes expected as the infrastructure develops [10] - Brag House plans to enhance its NIL opportunities through various campus activations, including the Brag Gators Gauntlet Series and branded loyalty token integrations [11]

Core Insights - BTCS Inc. has acquired 1,000 Ether (ETH) for approximately $2.63 million, increasing its total ETH holdings to about 13,500 ETH, which represents a 50% increase from 9,063 ETH at the end of Q1 2025 [1][2]. Company Strategy - The CEO of BTCS emphasized that the expanding ETH position is part of a broader strategy focused on building scalable, revenue-generating blockchain infrastructure rather than merely a treasury strategy [2]. - BTCS aims to maximize strategic value from every ETH purchase by utilizing Crypto.com's institutional offering, which helps reduce slippage and optimize capital deployment across blockchain initiatives [2]. Partnership with Crypto.com - Crypto.com Exchange, launched in the U.S. in 2024, provides advanced trading capabilities with deep global liquidity and ultra-low latency, catering to institutional and advanced clients [2][3]. - The partnership with Crypto.com is intended to enhance BTCS's cryptocurrency acquisition strategy and support its ongoing crypto reserve journey [3]. Company Overview - BTCS Inc. is focused on driving scalable revenue growth through blockchain infrastructure operations, specializing in block building and validator node management [3]. - The company operates a branded block-building operation called Builder+, which optimizes block construction for on-chain validation to maximize gas fee revenues [3]. - BTCS has developed ChainQ, an AI-powered blockchain data analytics platform, to enhance user access and engagement within the blockchain ecosystem [3].

Core Viewpoint - Jiuzi Holdings, Inc. plans to acquire 1,000 Bitcoins over the next year through a dual-track strategy involving additional stock issuance and cash purchases, reflecting the company's confidence in blockchain technology and digital currencies [1][2]. Group 1: Acquisition Strategy - The acquisition plan is a strategic choice made after thorough consideration, aiming to diversify investment risk and provide potential long-term benefits by including Bitcoin in the asset portfolio [2]. - The company will implement the acquisition through a combination of additional stock issuance and cash purchases, ensuring adequate funding while respecting shareholder interests [3]. Group 2: Market Perspective - Bitcoin is recognized as the world's leading cryptocurrency, known for its liquidity and strong value-added potential, which aligns with the company's investment strategy [2]. - The CEO acknowledges the volatility of the Bitcoin market but emphasizes a long-term bullish belief in blockchain technology, aiming to enhance the company's asset structure and profitability through this acquisition [4].

Core Points - Cango Inc. announced that all resolutions presented at its extraordinary general meeting on May 16, 2025, were passed with over 99.3% approval from total votes cast [1] - The resolutions included the approval for Cango to sell its existing business in the PRC to Ursalpha Digital Limited for approximately US$351.94 million in cash [2] Company Overview - Cango Inc. primarily operates a leading Bitcoin mining business, with operations in North America, the Middle East, South America, and East Africa [4] - The company expanded into the crypto assets market in November 2024, driven by advancements in blockchain technology and the increasing prevalence of crypto assets [4] - Cango has been operating automotive transaction services in China since 2010, aiming to simplify car purchases [4]

Core Viewpoint - BTCS Inc. has arranged financing to acquire up to $57.8 million in Ethereum (ETH) to enhance its digital asset and validator node operations strategy [1][6]. Financing Details - The initial tranche of the financing amounts to $7.8 million, with the potential for an additional $50 million, contingent upon mutual consent between BTCS and ATW Partners LLC [2]. - The convertible notes have a fixed conversion price of $5.85 per share, which is a 194% premium over BTCS's stock price of $1.99 on May 13, 2025 [3]. - The notes have a two-year maturity date set for May 13, 2027, include a 5% original issue discount, and carry an interest rate of 6% per annum [3]. Management Participation - Charles Allen, the Chairman and CEO of BTCS, personally invested $95,000 in the offering, with an additional $200,000 from a trust for which he is a beneficiary [4]. Strategic Intent - The capital raised is intended to scale BTCS's validator node operations and increase ETH holdings at a pivotal moment in Ethereum's growth [5]. - BTCS aims to replicate strategies similar to MicroStrategy's Bitcoin accumulation by increasing Ethereum exposure to drive recurring revenue through staking and block building operations [5]. Operational Strategy - The financing follows BTCS's recent borrowing through AAVE, a decentralized finance protocol, to acquire more ETH, reflecting the company's strong belief in Ethereum as a key digital asset [6]. - By increasing ETH holdings, BTCS plans to deploy more validators, expand staking rewards, and optimize block production economics through its Builder+ platform [7]. Company Overview - BTCS Inc. is focused on scalable revenue growth through blockchain infrastructure operations, particularly in block building and validator node management [9][10]. - The company operates validator nodes and stakes crypto assets across multiple proof-of-stake networks, enhancing user engagement through its AI-powered blockchain data analytics platform, ChainQ [10].

Financial Data and Key Metrics Changes - Total revenues for Q1 2025 reached $692,000, a significant increase from negative $125,000 in Q1 2024 [12] - Investment income rose to $79,000 from $62,000 in the prior year [11] - The net loss for Q1 2025 was $459,000, or $0.02 per share, compared to a net loss of $95,000, or $0.15 per share in Q1 2024 [12] - Cash and cash equivalents increased by 62.8% to $9.6 million from $5.9 million as of December 2024 [16] Business Line Data and Key Metrics Changes - The loss ratio remained consistent at 0% for Q1 2025 compared to Q1 2024 [13] - The acquisition cost ratio was stable at 10.9 cents for Q1 2025 [14] - The expense ratio decreased from 99.8% in Q1 2024 to 95.8% in Q1 2025, attributed to higher net premiums earned [14][15] - The combined ratio also improved from 99.8% in Q1 2024 to 95.8% in Q1 2025 [15] Market Data and Key Metrics Changes - The company is focusing on the RWA Web3 sector, aiming to position itself as a prominent player in this market [9] - The tokenized asset market is projected to reach $30 trillion by 2034, indicating significant growth potential [23] Company Strategy and Development Direction - The company aims to diversify its business through Assurance Plus, which focuses on tokenizing reinsurance contracts [8] - The establishment of Assurance Plus was achieved without incurring new debt, reflecting an efficient approach to diversification [8] - The company is exploring strategic alternatives for its Web3 division, including potential sales, mergers, or continuing as a publicly traded entity [19] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism regarding the long-term outlook of the core reinsurance business alongside the integration of Assurance Plus [9] - The company is actively participating in global tokenization events to strengthen business relationships and explore collaborative opportunities [18] - Management noted that the reinsurance market remains solid, with premiums showing positive trends [38] Other Important Information - The company has initiated a strategic review process to explore various strategic alternatives for its operations [19] - A memorandum of understanding was signed with Plume, a leading blockchain platform, to enhance distribution channels for tokenized offerings [20] Q&A Session Summary Question: How is the marketing going on for the tokenized securities? - Management indicated that marketing efforts are progressing well, focusing on outreach and building relationships in the RWA space [27] Question: What should investors look for in the next three to six months regarding tokenization? - Management suggested that progress is being made, particularly with the upcoming token launches targeting different investor preferences [34] Question: How does the company view the overall health of the reinsurance market? - Management noted that premiums are solid, and recent changes in Florida's underwriting regulations are favorable for the business [38]

Core Insights - The article discusses how blockchain technology is reshaping business interactions in the Web3 era, with FEC (Fortune Earnings Coupon) as an innovative value-returning transaction protocol that connects consumption scenarios with digital assets through a decentralized framework [1] Group 1: Technical Foundations - FEC's architecture overcomes traditional blockchain limitations by implementing a self-developed cross-chain protocol that enables multi-chain asset interoperability, allowing users to transfer FEC across different blockchain networks seamlessly [2] - The core of this cross-chain capability is the "asset mapping mechanism," which locks tokens on the source chain while generating equivalent assets on the target chain, ensuring transaction transparency and security with an average confirmation time of under 20 seconds [2] Group 2: Security Mechanisms - FEC employs a dual-layer protection system of "smart contract custody + multi-signature governance" to secure cross-chain transactions, ensuring assets are locked until the target chain confirms the transaction [3] - A multi-signature pause mechanism is introduced to halt operations in case of detected anomalies, minimizing the risk of single points of failure and enhancing asset flow security for global users [3] Group 3: Consumer Incentives - FEC innovatively transforms consumer behavior into quantifiable on-chain rights, automatically executing a "10% burn + 90% settlement" rule during transactions, which incentivizes users by generating ADN nodes that yield future rewards [4][5] - The mechanism of "delayed release + multiple rewards" allows everyday spending to possess asset appreciation attributes, significantly increasing user repurchase rates by over 40% in merchants utilizing FEC [5] Group 4: Open Ecosystem - FEC's architecture is open and invites global developers to co-create the ecosystem, with fully open-source smart contract code enabling customized applications across various sectors [6] - Partnerships with over 200 merchants and developers have led to practical implementations, such as automatic ADN node generation and cross-store redemption systems, enhancing user engagement and driving the "on-chain economy" from concept to reality [6] Group 5: Future Consensus - FEC's innovation fundamentally reconstructs commercial trust mechanisms through the immutability of smart contracts, compatibility of cross-chain protocols, and dynamic incentives, establishing a positive cycle between consumption and value [6][7] - The FEC system exemplifies how decentralized technology can integrate into daily life, transforming every payment into a chain-based incentive and reinforcing trust in commercial transactions [7]

Core Insights - Matador Technologies Inc. has engaged two strategic partners, Alpha Nine Ventures Ltd. and Outside The Box Capital, to enhance its investor relations, marketing, and business development initiatives [1] Group 1: Engagement with Alpha Nine Ventures - Matador has signed a contract with Alpha Nine Ventures, a Nevada-based consulting firm, for investor relations and capital markets advisory [2] - The engagement term is from March 17, 2025, to March 17, 2026, with a total compensation of USD$200,000 paid in advance [2] Group 2: Engagement with Outside The Box Capital - Matador has also partnered with Outside The Box Capital, a Toronto-based firm, to improve its marketing presence in Canada [3] - The engagement term is from March 15, 2025, to September 15, 2025, with a total compensation of CAD$150,000 paid in advance [3] Group 3: Company Vision and Strategy - The CEO of Matador Technologies expressed excitement about the partnerships, emphasizing their role in expanding visibility across key investor markets and effectively communicating the company's vision and growth strategy [4] - Matador Technologies leverages blockchain technology to digitize real-world assets, focusing on innovative financial solutions and aiming to democratize the gold buying experience through its digital gold platform [4]

Core Viewpoint - President Trump's global tariffs have created volatility in U.S. stocks, prompting investors to seek companies less affected by trade tensions, with Visa Inc. identified as a potential safe investment due to its low-risk, transaction-based model [1] Company Overview - Visa has a market capitalization of $619.4 billion and is a leader in global digital payments, operating an asset-light model that minimizes credit risk [2] - Unlike Visa, American Express, valued at $176.4 billion, issues credit cards and extends credit, exposing it to higher risks in inflationary environments [3] Economic Factors - Inflation may benefit Visa as it charges a percentage on transactions, potentially increasing revenues with rising prices, although a decline in consumer demand could offset this advantage [4] - Visa is well-positioned for long-term growth due to the global shift from cash to digital payments and its strong network effect [5] Financial Performance - Visa has shown steady earnings and revenue growth despite macroeconomic uncertainties, investing in innovations like real-time payments and blockchain technology [6] - In fiscal 2024, Visa repurchased shares worth $16.7 billion and returned $5.1 billion to shareholders through buybacks and dividends in Q1 of fiscal 2025 [7] Earnings Estimates - The Zacks Consensus Estimate predicts a 12.5% and 12.6% increase in Visa's EPS for fiscal 2025 and 2026, respectively, with revenue growth estimates of 10.2% and 10.3% [8] Stock Performance - Over the past month, Visa shares increased by 0.2%, outperforming Mastercard and American Express, which declined by 3.7% and 3.4%, respectively [10] Valuation - Visa is currently trading at a forward P/E ratio of 27.76X, above its five-year median of 26.91X and the industry average of 22.10X [13] Challenges - Visa faces rising costs, with adjusted operating expenses increasing by 10.8% in fiscal 2024 and 11.4% in Q1 of fiscal 2025, alongside a rise in client incentives [15] - Regulatory challenges include a lawsuit from the U.S. Department of Justice and scrutiny over interchange fees in the U.K., which could impact Visa's pricing power [16][17] Investment Outlook - Visa's strong global network and resilience amid economic challenges make it a compelling long-term investment, although short-term upside appears limited as shares are near their 52-week high [18][19]