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Everything Blockchain Plans $10M Strategic Acquisition of SOL, XRP, SUI, TAO & HYPE โ€” Front Running Wall Street
Globenewswireยท 2025-06-20 10:00
Core Insights - Everything Blockchain Inc. (EBZT) announced a strategic plan to invest $10 million into five rapidly growing blockchain networks: Solana, XRP, Sui, Bittensor, and Hyperliquid, aiming to capitalize on the anticipated institutional interest in cryptocurrencies [1][5] - EBZT positions itself as the first U.S. public equity to implement a multi-token staking treasury, providing retail investors with access to top crypto assets before significant institutional investment occurs [2][8] - The company aims to generate approximately $1 million in annual staking rewards post-deployment, with plans to distribute a portion of these rewards as dividends to shareholders, marking a potential first in the public markets for crypto dividends [4][8] Investment Highlights - EBZT offers a unique entry point into a professionally managed crypto public treasury ahead of a potential surge in institutional investment in blockchain [6][8] - The company is pursuing a Nasdaq uplisting to attract institutional capital and solidify its position in the crypto treasury space before competitors enter [5][8] - The current annual crypto staking market is valued at $36 billion, presenting a significant first-mover opportunity for EBZT [5]