LATEST: 🇧🇷 Brazil's central bank has released new rules for local digital asset firms, extending existing financial sector regulations to crypto service providers in an effort to strengthen safeguards against illicit activities. https://t.co/VLwiJC4v0t ...

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]

Trump Media (DJT) reported Q3 2025 results with $3.1 billion in total assets and $10.1 million operating cash flow, generating $61.1 million in revenue but posting a $54.8 million net loss mainly from digital asset valuation changes and legal costs.https://t.co/sA723CEazN ...

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]

New Appointments Establish a Bonk-Aligned Majority on the Board of Directors, Adding Deep Expertise in DeFi, Institutional Finance, and High-Growth Digital Asset Operations SCOTTSDALE, AZ, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Bonk, Inc. (Nasdaq: BNKK) today announced the completion of a strategic refresh of its Board of Directors with the appointment of three new members: Connor Klein, an investment partner at New Form Capital, who joined the Board two weeks prior as disclosed in a Form 8-K filing; Stacey Duff ...

MalaysiaCentral bank announces three-year tokenization roadmap through Digital Asset Innovation Hub. Targets SME supply chain financing, Shariah-compliant Islamic products, green finance, and 24/7 cross-border settlements. Working group explores MYR stablecoins and wholesale CBDC integration. Malaysia joins Singapore and Hong Kong in Asia's tokenization race.6/7 ...

Financial Data and Key Metrics Changes - Total revenue for Q3 2025 was $84.2 million, with adjusted pre-tax income of $16.4 million, representing 19.4% of total revenue [6][12] - Year-to-date total revenue through September 30, 2025, was $172.8 million, with adjusted pre-tax income of $23.2 million, representing 13.4% of total revenue [6][12] - Net income attributable to shareholders for Q3 was $4.6 million, or $2.58 per fully diluted share, compared to $1.4 million or $0.81 per share in the prior quarter [13] Business Line Data and Key Metrics Changes - Cohen & Company Capital Markets (CCM) generated $133 million in revenue for the first nine months of 2025, up from $22.7 million in the full year of 2021 [8] - CCM accounted for 77% of total company revenue for the first nine months of 2025, up from 15% in 2021 [8] - New issue and advisory revenue for Q3 was $228 million, primarily driven by SPAC M&A activity and IPO transactions [14] Market Data and Key Metrics Changes - CCM has underwritten 18 SPAC IPOs year-to-date, with a gross pipeline of possible transactions valued at $300 million [9][10] - The company raised over $12 billion with crypto clients, placing CCM in the top three firms on Wall Street in the digital asset space [8] Company Strategy and Development Direction - The company aims to be the advisor of choice in the growth and frontier technology sectors, including blockchain, fintech, and rare earth metals [9] - The focus on SPACs and digital assets is expected to continue, with plans to enhance liquidity through an equity trading team [7][9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in generating more than $50 million in revenue for Q4 2025 and over $220 million for the full year [11] - The declining interest rate environment has positively impacted trading revenue, which was up 26% in Q3 from the previous quarter [10] Other Important Information - Compensation and benefits expense for Q3 was $53.7 million, representing 64% of revenue [17] - The company declared a quarterly dividend of $0.25 per share, payable on December 3, 2025 [19] Q&A Session Summary - There were no questions during the Q&A session, and management concluded the call without further inquiries [23][25]

Financial Data and Key Metrics Changes - The company generated total revenue of $557 million, up 26% year-over-year [8] - Group-adjusted EBITDA reached $152 million, representing 65% year-over-year growth, with a robust margin of approximately 27% [8][9] - Sports betting wagers hit $901 million for the quarter, up 12%, while casino wagers increased by 20% year-over-year [9] - The company ended the quarter with $462 million cash on the balance sheet and returned $136 million to shareholders over the last 12 months [9] Business Line Data and Key Metrics Changes - Europe's revenue surged 46% year-over-year, with the UK and Spain leading at 71% and 11% growth respectively [5] - Africa delivered 36% year-over-year growth, with Botswana showing significant momentum since launch [6] - North America grew 14% year-over-year, with Canada ex-Ontario increasing by 15% [6] - APAC revenue was up 3% year-over-year, marking an improvement from the previous quarter's decline [6] Market Data and Key Metrics Changes - The UK and Spain's strong performance was attributed to regulatory stability, product innovation, and enhanced marketing execution [5][32] - Germany faced challenges due to tighter regulatory restrictions and reduced marketing spend [5] - In Africa, the successful migration to a new technology platform in Nigeria is expected to improve scalability and customer experience [6] Company Strategy and Development Direction - The company plans to launch Supercoin, a South African rand-pegged digital asset stablecoin, in Q4 2025, aiming to deepen customer loyalty and engagement [5][7] - The focus remains on executing growth strategies, unlocking further margin expansion, and delivering long-term value to shareholders [11] - The company is actively addressing regulatory challenges in various markets, including potential re-entry into Kenya due to favorable tax changes [56] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate a challenging sports hold environment while maintaining record customer activity [11] - The guidance for the remainder of the year assumes a normalized sports hold, with continued momentum in customer activity expected [20] - Management highlighted the importance of customer engagement and operational efficiencies as key drivers for future growth [52] Other Important Information - The company is investing in AI to enhance customer support and trading operations, contributing to improved operational efficiency [8] - The balance sheet remains strong, allowing for continued investment in growth opportunities [9] Q&A Session Summary Question: Details on payment costs in Africa - Management noted that payment costs in Africa are significantly higher than in other markets, but the implementation costs for Supercoin are manageable [15] Question: Opportunity for using Supercoin to drive retention - Management emphasized that Supercoin will enhance customer acquisition and retention through various benefits and rewards [17] Question: Guidance and growth trends - Management indicated that guidance reflects a normalized sports hold and expressed excitement about continued customer activity and marketing efficiencies [20][21] Question: Tax developments in Africa - Management discussed the impact of tax changes in Zambia and the UK, indicating a resilient business model that can absorb some tax increases [26][27] Question: Growth sustainability in Africa - Management highlighted Botswana's strong growth and the consistency across African markets, with expectations for continued stability following the tech migration in Nigeria [40] Question: New Zealand regulatory changes - Management is monitoring regulatory developments in New Zealand and adhering to advertising restrictions to ensure long-term market viability [65] Question: M&A strategy - Management remains selective regarding M&A opportunities, focusing on finding the right price and ensuring acquisitions stand on their own [68]