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DeFi Development Corp. Announces Ticker Symbol Change to “DFDV”
Globenewswire· 2025-05-02 15:45
BOCA RATON, FL, May 02, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: JNVR) (“DeFi Dev Corp” or the “Company”) announced today that it will begin trading under its new ticker symbol “DFDV” on the Nasdaq Capital Market, effective at market open on May 5, 2025. The change reflects the Company’s previously announced corporate name change, deemed market effective by Nasdaq from May 5, 2025, and declared effective as of April 17, 2025 (as previously disclosed), and its strategic shift toward a crypto- ...
DeFi Development Corp. Announces $24 Million Private Placement to Accelerate Solana Accumulation Strategy
Globenewswire· 2025-05-01 12:00
BOCA RATON, May 01, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: JNVR) (“DeFi Dev Corp” or the “Company”) today announces that it has entered into a securities purchase agreement for a private investment in public equity (“PIPE”) financing that is expected to result in gross proceeds of approximately $24 million to the Company, before placement agent fees and offering expenses. Investors include Galaxy Digital, Amber International Holding Limited (Nasdaq: AMBR), Arrington Capital, Republic Digit ...
WISeKey Confirms June Launch of Next-Generation WISeSat Satellite with SpaceX Featuring Encrypted Communications and SEALCOIN Integration
Globenewswire· 2025-05-01 11:15
WISeKey Confirms June Launch of Next-Generation WISeSat Satellite with SpaceX Featuring Encrypted Communications and SEALCOIN Integration Geneva, Switzerland, May 1, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces the upcoming launch of its next-generation WISeSat.Space satellite aboard a SpaceX mission in June 2025. This milestone marks a major technological step forward for WISeSat.Space’s secure s ...
21Shares Files Form S-1 for SUI ETF in the U.S.
Globenewswire· 2025-05-01 10:35
NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- 21Shares has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (“SEC”) for a SUI exchange traded fund (“ETF”). The launch of the 21Shares SUI ETF is pending effectiveness of the Form S-1 as well as approval of a Form 19b-4 filing by the SEC. 21Shares SUI ETF seeks to track the performance of Sui, as measured by the performance of the CF Sui-Dollar Reference Rate Index. Notes to editors About 21Shares 21Shares AG, an affiliate of 2 ...
21Shares and Sui Join Forces to Expand Global Access to Sui Network
Globenewswire· 2025-05-01 10:35
Core Insights - 21Shares has formed a strategic partnership with Sui to enhance its global presence and capitalize on the growing interest in the Sui ecosystem [1][2] - The partnership aims to produce product collaborations, research reports, and initiatives that reflect the increasing institutional interest in Sui, which is recognized for its speed, throughput, and scalability [2][4] - Sui is positioned as a high-performance Layer-1 blockchain designed for mass adoption, featuring an object-centric architecture that allows for parallel transaction execution and sub-second finality [4][7] Company Overview - 21Shares is a leading provider of cryptocurrency exchange-traded products (ETPs) and has established a significant presence in Europe, now focusing on expanding into the U.S. market [3][5] - The company has a track record of innovation, having launched the world's first physically-backed crypto ETP in 2018, and offers a comprehensive suite of crypto ETPs [5][6] - 21Shares is part of 21.co, a global leader in decentralized finance, and aims to bridge traditional finance with decentralized finance [6] Sui Blockchain Features - Sui is designed to be a global coordination layer for digital assets, emphasizing speed, security, and accessibility for users and developers [5][7] - The blockchain supports a variety of applications, including consumer-facing products and institutional-grade solutions, showcasing its versatility [4][7] - Sui's architecture enables low-cost, high-speed transactions, making it suitable for both everyday users and enterprises [4][7]
Dogecoin Cash, Inc. Name Change Finalized and Reflected on U.S. Markets Following FINRA Notification
Globenewswire· 2025-04-29 10:00
Company Overview - Dogecoin Cash, Inc. has finalized its corporate name change, which is now reflected across U.S. stock market systems following notification from FINRA [1] - The name change was authorized through a Certificate of Amendment filed with the Nevada Secretary of State on November 13, 2024, and became market effective on April 25, 2025 [2] - The trading symbol (CBDS) remains unchanged at this time [3] Business Operations - Dogecoin Cash, Inc. operates PrestoDoctor, a leader in medical cannabis telemedicine [4] - The company holds the first patented cannabis strain, Ecuadorian Sativa aka "CTA", and a patented cannabis lozenge for hypertension treatment [4] - Dogecoin Cash, Inc. is engaged in cannabis product development, licensing, and blockchain innovation, leveraging emerging digital assets and decentralized finance (DeFi) solutions [4]
BTCS Inc. Capitalizes on Market Dislocations to Expand Ethereum Holdings and Staking Operations
Newsfile· 2025-04-28 12:30
Core Viewpoint - BTCS Inc. is strategically expanding its Ethereum holdings and staking operations by leveraging decentralized finance (DeFi) through borrowing on AAVE, aiming to capitalize on current market conditions [2][3][4]. Group 1: Strategic Initiatives - The company is borrowing USDT via AAVE, using ETH as collateral, to acquire additional ETH and enhance its staking operations [3][4]. - BTCS believes that Ethereum is at or near a cyclical bottom, presenting a compelling opportunity for investment [3][4]. Group 2: Financial Strategy - By utilizing AAVE for borrowing, BTCS can access capital at attractive rates, historically below 5%, without diluting equity, thus preserving shareholder value [4]. - The initiative is part of a broader strategy to grow revenue and improve margins through increased participation in Ethereum's consensus mechanism [5]. Group 3: Company Overview - BTCS Inc. focuses on blockchain infrastructure technology, particularly in block building and validator node management, and operates a branded block-building operation called Builder+ [6]. - The company also supports other blockchain networks by operating validator nodes and staking crypto assets across multiple proof-of-stake networks [6].
Above Food Ingredients Inc. Files Interim Financial Statements
Newsfile· 2025-04-25 19:36
Core Viewpoint - Above Food Ingredients Inc. is taking significant steps to comply with Nasdaq listing requirements and is undergoing a strategic transformation towards higher-margin sectors, including Agri-Tech and Fin-Tech, following recent acquisitions that enhance profitability and market reach [1][2][4][5]. Financial Compliance and Reporting - The company will file its interim balance sheet and income statement for the period ended July 31, 2024, on April 28, 2025, to comply with Nasdaq Listing Rule 5250(c)(2) [1][6]. - The only remaining compliance issue is the closing bid price of the company's securities, which is below $1 per share [6]. Strategic Acquisitions - Above Food acquired The Redwood Group LLC in August 2024, which has positively impacted the company's profitability [3]. - The acquisition of Palm Global Technologies Inc. is expected to significantly enhance the company's revenue run-rate, currently at approximately $200 million CAD, and improve profitability [5]. Corporate Transformation - The company has undergone substantial restructuring, eliminating most of its corporate debt and transitioning its operations into profitability [4]. - The strategic focus on Agri-Tech, Fin-Tech, Ed-Tech, and Asset Tokenization is aimed at expanding the company's market presence in regions such as Latin America, Africa, and Asia [5][8]. Company Overview - Above Food Ingredients Inc. is dedicated to producing nutritious food products with a focus on transparency and sustainability, leveraging advanced technologies in agriculture and processing [7]. - Palm Global is recognized for its innovative solutions in financial inclusion and agri-tech, utilizing AI and blockchain technologies to empower farmers and enhance food security [8].
DeFi Development Corporation Adds $9.9M in Solana to Treasury
Newsfilter· 2025-04-23 18:00
Core Viewpoint - DeFi Development Corporation has strategically acquired approximately 65,305 Solana (SOL) tokens, increasing its total holdings to about 317,273 SOL, valued at $48.2 million, which includes staking rewards [1][8]. Group 1: Acquisition Details - The recent purchase includes locked SOL sourced via BitGo's OTC desk, allowing the company to acquire tokens below market prices while aligning with the Solana ecosystem [1][3]. - Locked SOL refers to tokens under contractual restrictions that cannot be transferred on-chain until their unlock period expires, but can be traded over-the-counter [2]. Group 2: Treasury Policy - The company has adopted a treasury policy that allocates its principal holding in treasury reserves to Solana (SOL), providing investors access to the Solana ecosystem [4]. - The treasury policy aims to offer economic exposure to SOL investment for investors [4]. Group 3: Financial Metrics - Total SOL held by the company is 317,273, valued at approximately $48.2 million [8]. - The total shares outstanding are approximately 1.5 million, resulting in a SOL per share (SPS) of 0.22, valued at $32.88 per share, with a 40% growth in SPS compared to the last purchase [8].
Cloud3 Ventures Inc. Declares Its Mission: A New Era of Conscious Technology, Powered by LIF3
Newsfile· 2025-04-22 22:11
Core Viewpoint - Cloud3 Ventures Inc. is launching a new infrastructure strategy focused on ethical AI, clean energy, and decentralized healing technology, with 50% of its financing round already committed and potential plans for a U.S. exchange listing in the future [1][16]. Group 1: Company Mission and Vision - Cloud3 Ventures is described as more than just a tech company; it is a movement aimed at rebuilding societal foundations through systems that prioritize self-sovereignty, emotional intelligence, and planetary coherence [2]. - The founder and CEO, David Nikzad, emphasizes that the company aims to create platforms that heal, empower, and decentralize, advocating for free energy and technology that serves the soul [3]. Group 2: Financial Backing - The company is supported by Orthogonal Thinker, a strategic family office, which is committed to funding operational expenses, intellectual property development, and key infrastructure investments [4]. - Jason Hobson, Managing Partner of Orthogonal Thinker, expresses unwavering support for Cloud3 Ventures, highlighting the mission-driven nature of the company [5]. Group 3: Technological Foundations - The LIF3 ecosystem serves as the decentralized, on-chain engine for Cloud3, providing infrastructure for validator nodes, wellness technology, DeFi integration, and decentralized governance [5]. - Cloud3 is developing decentralized, emotionally intelligent AI systems and infrastructure for wellness and knowledge platforms [6][7]. Group 4: Development Pillars - The company is focused on several key areas: 1. **AI with Integrity**: Deploying decentralized AI systems for wellness and knowledge [6]. 2. **Free Energy Innovation**: Developing clean energy systems for off-grid communities and regenerative farms [8]. 3. **Frequency-Based Wellness**: Introducing non-pharmaceutical healing tools based on vibration, light, and sound [9]. 4. **Digital Sovereignty Tools**: Creating technologies that return control of data and identity to individuals [10]. Group 5: Company Philosophy - Cloud3 Ventures believes that loneliness and disconnection are symptoms of systems lacking human consideration, and aims to build new systems that treat data as sacred and health as frequency [11]. Group 6: Capitalization and Future Plans - The company has committed 50% of its current financing round, with proceeds allocated for infrastructure, validator node deployment, and product launches in wellness and energy sectors [16]. - The potential for a U.S. exchange listing is being explored, contingent on meeting regulatory and operational requirements [16].