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DigiAsia Launches $100 Million Bitcoin Treasury Initiative and Begins Shortlisting Investment Banks for Capital Raise
Newsfile· 2025-05-27 12:08
Group 1 - DigiAsia Corp is launching a $100 million Bitcoin treasury initiative to enhance its Bitcoin reserves and strengthen its position in digital asset management [1][2] - The company is in the process of shortlisting investment banks to assist in the capital raise, with a lead bank expected to be appointed soon [1][2] - This initiative is part of a broader strategy to accelerate institutional Bitcoin acquisition and is one of the largest corporate crypto treasury efforts announced in 2025 [2][3] Group 2 - DigiAsia plans to begin initial Bitcoin purchases in Q3 2025 and will provide updates on the capital raise and acquisition milestones in the near future [3] - The selected investment bank will help structure a multi-channel capital raise, including equity-linked offerings and convertible note structures for institutional investors [5] - The initiative aims to create shareholder value through Bitcoin capital appreciation and regulated yield generation [2][5] Group 3 - DigiAsia operates as a fintech-as-a-service provider, focusing on emerging markets and offering APIs for SMEs to integrate financial services [4] - The company is expanding AI-driven financial solutions across Southeast Asia, India, and the Middle East [4]
Bitget Hosts First-Ever Ramadan Iftar Night in Dubai for MENA Community, Raising Funds for 100,000 Meals
Globenewswire· 2025-03-18 15:02
Core Insights - Bitget hosted a Ramadan Iftar night to foster networking and collaboration among blockchain pioneers, crypto investors, and industry experts, while also promoting a charitable initiative to donate 100,000 meals to vulnerable communities [1][5][6] Group 1: Event Overview - The Iftar night served as a platform for attendees to engage in discussions about blockchain innovation, market trends, and collective growth opportunities, emphasizing the social impact potential of the blockchain industry [2][3] - The event was co-hosted with Cypher Capital and IO.net, creating a warm and inclusive atmosphere for breaking fast together [1][2] Group 2: Charitable Initiative - Bitget initially pledged 10,000 meals and matched all donations dollar for dollar, reflecting the community's support and commitment to alleviating hunger during Ramadan [3][4] - As of the event, Bitget has raised 42,604 meals towards its goal of 100,000, with further fundraising efforts planned through auctions and events in Jakarta and Malaysia [6] Group 3: Company Commitment - Bitget's COO emphasized the importance of compassion and unity during Ramadan, stating the company's commitment to helping vulnerable communities not just during the holy month but continuously [5] - The company aims to empower communities and drive innovation within the crypto ecosystem through community-driven initiatives [6][8]
X @CryptoJack
CryptoJack· 2025-03-11 09:30
#Blockchain innovation is at its peak. Which new projects or technologies do you believe will shape the future of crypto in 2025? 🔗 ...