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Token Cat Limited Appoints Renowned Blockchain Expert Sav Persico as Chief Operating Officer to Accelerate the Company's Cryptocurrency and crypto Asset Transformation Strategy
Prnewswire· 2025-11-26 12:15
Core Insights - Token Cat Limited has appointed Sav Persico as Chief Operating Officer, effective immediately, to enhance its operational development and strategic execution in the crypto asset sector [1][3]. Company Overview - Sav Persico brings over 30 years of leadership experience in crypto assets, cryptocurrency investment, and blockchain systems, having built key blockchain infrastructure projects and data platforms [2]. - His strengths include cross-team collaboration, organizational management, and the implementation of complex systems, which will be pivotal in driving the company's crypto asset strategy and partnerships [2]. Strategic Focus - As COO, Sav Persico will focus on building a crypto asset operations framework centered around major cryptocurrencies like Bitcoin and Ethereum, and establishing a management structure that includes risk control, asset allocation, and yield optimization [3]. - He will also evaluate and drive strategic synergies across crypto ecosystems and related business models, enhancing Token Cat's competitiveness in enterprise-level crypto asset management [3]. Leadership Perspective - The CEO of Token Cat Limited, Guangsheng Liu, emphasized that Sav's appointment is a significant step in upgrading the company's crypto asset strategy, leveraging his extensive experience in technology management and value creation [4]. - Sav Persico highlighted the critical stage of enterprise adoption and infrastructure expansion in the crypto asset industry, expressing his commitment to advancing Token Cat's strategy for long-term growth through technology-driven asset management [4].
Sow Good Inc. Announces Major Retail Wins, Additional Founder Funding in Furtherance of a Crypto Asset Strategy, and $5 Million Operational Streamlining
Globenewswire· 2025-10-27 12:00
Core Insights - Sow Good Inc. announced a significant retail partnership and funding for a digital asset strategy, alongside cost optimization measures to enhance profitability [1][4][6] Group 1: Retail Expansion and Product Launches - Sow Good has secured a private-label partnership with a 600-store national retail chain to launch its Caramel Crunch line, set to ship in April 2026 [2] - The Caramel Crunch product utilizes proprietary freeze-drying technology and is the company's first fully vertically integrated SKU, made without artificial dyes or flavors [2] - Additionally, Sow Good plans to launch two new flavors with Albertsons Companies in summer 2026, showcasing ten top-performing SKUs in branded displays [3] Group 2: Financial and Operational Improvements - The company has raised $2 million in working capital, with co-founders committing $1 million, to support its digital asset strategy [4] - Sow Good has negotiated lease amendments for its facilities, resulting in over $5 million in annualized rent savings, while maintaining production capacity through enhanced efficiency [5] - Workforce efficiencies have led to a reduction in monthly payroll by approximately $40,000, aligning with the company's focus on vertical integration and disciplined capital management [6]