Crypto treasury management

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Forward Industries Launches $4B ATM Offering to Expand Solana Treasury
Yahoo Finance· 2025-09-17 14:23
Core Viewpoint - Forward Industries (FORD) has filed a $4 billion at-the-market equity offering program with the SEC to raise funds for working capital, business expansion, and to increase its Solana (SOL) holdings [1][2]. Group 1: Equity Offering - The $4 billion ATM equity offering allows Forward Industries to sell new shares incrementally through Cantor Fitzgerald, providing flexibility in capital raising [1]. - This offering follows the completion of what Forward claims is the largest Solana-focused treasury raise to date, involving the acquisition of over 6.8 million SOL through a $1.65 billion deal [2]. Group 2: Treasury Management - Forward Industries aims to maximize its SOL-per-share through active treasury management, holding the largest Solana treasury among publicly traded firms, significantly larger than the 2.02 million SOL treasury held by DeFi Development Corp [2][3]. - The company's share price experienced a decline of over 9.5%, dropping to $33.70 in early trading following the announcement [3].
Forward Industries Files $4 Billion Shelf Plan To Fuel Solana Treasury Bet
Yahoo Finance· 2025-09-17 12:23
Group 1 - Forward Industries Inc. filed an automatic shelf registration with the U.S. Securities and Exchange Commission for an at-the-market equity program worth up to $4 billion, allowing the issuance of common shares as needed under market conditions [1] - Proceeds from the program will be allocated towards working capital, asset purchases, and the expansion of its Solana token strategy, indicating a focus on strengthening the balance sheet and increasing exposure to digital assets [2] - The chairman of the board stated that the program provides a "flexible and efficient mechanism" to raise funds for the Solana treasury plan, highlighting the company's previous success in raising funds for Solana [3] Group 2 - Forward Industries recently invested $1.58 billion in Solana tokens, reflecting a trend among companies adopting crypto treasury management strategies [4] - Other firms, such as Helius Medical Technologies Inc. and Upexi Inc., are also investing in Solana for their treasury reserves, with significant amounts raised and plans to utilize Solana as a main reserve asset [5] - Comparable companies in the crypto-linked equity space include Coinbase Global Inc., MicroStrategy Inc., and various ETFs focused on blockchain and Bitcoin strategies [6]
RYVYL Chairman and Co-founder Ben Errez Retires from Board of Directors
Globenewswire· 2025-08-29 20:05
Core Insights - RYVYL Inc. announced the retirement of Chairman and Co-founder Ben Errez from the Board of Directors, effective August 31, 2025, coinciding with his management retirement [1][2][3] - The company is transitioning to focus on crypto treasury management, planning to accumulate crypto as a reserve asset to enhance financial resilience and strategic flexibility [3] Company Overview - RYVYL Inc. was founded in 2017 as GreenBox POS and specializes in electronic payment technology for international markets, offering innovative payment transaction solutions [4] - The company provides an end-to-end suite of financial products that emphasize security, data privacy, and rapid transaction settlement, capable of logging large volumes of immutable transactional records [4]
Jeffs' Brands Launches AI-Driven Crypto Treasury Program with $75 Million Committed for Optimized Yield from Five Leading Crypto Coins
GlobeNewswire News Room· 2025-08-14 12:45
Core Viewpoint - Jeffs' Brands Ltd is implementing an AI-driven crypto treasury management program to optimize yields from leading cryptocurrencies, including Bitcoin and stable coins [1][2][3] Group 1: Treasury Program Overview - The Treasury Program will be managed by Quantum Crypto, an affiliate of Tectona Ltd, which holds a 41% stake in Horizon, a prominent Israeli crypto trading platform [1][3] - The Company plans to allocate up to $75 million from a private placement of convertible promissory notes for the Treasury Program, contingent on the successful setup of crypto wallets [2][4] - Quantum Crypto will provide necessary infrastructure and services for the Treasury Program, including speculative trading and staking services, while Jeffs' Brands retains ownership of its digital assets [4][5] Group 2: Financial Structure and Fees - Quantum Crypto will receive a one-time setup fee of $25,000, a monthly fee of 0.125% of the average daily balance of managed crypto assets, and a performance-based fee of 20% of gross revenues from staking [5] - The Company will issue Quantum Crypto a warrant to purchase up to 27,619 ordinary shares at an exercise price of $0.01 per share, representing approximately 4.99% of the currently outstanding shares [5] Group 3: Company Background - Jeffs' Brands aims to transform e-commerce by creating and acquiring products to become market leaders, leveraging both human capability and advanced technology [6]
Jeffs’ Brands Targets up to $75 Million in Launch of AI-Driven Crypto Treasury Strategic Program for Optimized Yield from Five Leading Crypto Coins
Globenewswire· 2025-08-04 13:07
Core Viewpoint - Jeffs' Brands Ltd is launching an AI-driven crypto treasury management program to optimize yields from leading cryptocurrencies, including Bitcoin and stable coins [1][2][4] Group 1: Treasury Program Overview - The Treasury Program will be managed by Quantum Crypto, an affiliate of Tectona Ltd, which holds a 41% stake in Horizon, a prominent Israeli crypto trading platform [1][3] - The Company plans to allocate up to $75 million from a private placement of convertible promissory notes for the Treasury Program, pending successful setup of crypto wallets [2][4] - Quantum Crypto will provide necessary infrastructure and services for the Treasury Program, including speculative trading and staking services, while Jeffs' Brands retains ownership of its digital assets [4][5] Group 2: Financial Structure and Fees - Quantum Crypto will receive a one-time setup fee of $25,000, a monthly fee of 0.125% of the average daily balance of managed crypto assets, and a performance-based fee of 20% of gross revenues from staking [5] - The Company will issue Quantum Crypto a warrant to purchase up to 27,619 ordinary shares at an exercise price of $0.01 per share, representing approximately 4.99% of the currently outstanding shares [5] Group 3: Company Background - Jeffs' Brands aims to transform e-commerce by creating and acquiring products to become market leaders, leveraging both human capability and advanced technology [6]
Jeffs' Brands Targets up to $75 Million in Launch of AI-Driven Crypto Treasury Strategic Program for Optimized Yield from Five Leading Crypto Coins
GlobeNewswire News Room· 2025-08-04 13:07
Core Viewpoint - Jeffs' Brands Ltd is launching an AI-driven crypto treasury management program to optimize yields from leading cryptocurrencies, including Bitcoin and stable coins [1][2][4] Group 1: Treasury Program Overview - The Treasury Program will be managed by Quantum Crypto, an affiliate of Tectona Ltd, which holds a 41% stake in Horizon, a prominent Israeli crypto trading platform [1][3] - The Company plans to allocate up to $75 million from a private placement of convertible promissory notes for the Treasury Program, pending successful setup of crypto wallets [2][4] - Quantum Crypto will provide necessary infrastructure and services for the Treasury Program, including speculative trading and staking services, while Jeffs' Brands retains ownership of its digital assets [4][5] Group 2: Financial Structure and Fees - Quantum Crypto will receive a one-time setup fee of $25,000, a monthly fee of 0.125% of the average daily balance of managed crypto assets, and a performance-based fee of 20% of gross revenues from staking [5] - The Company will issue Quantum Crypto a warrant to purchase up to 27,619 ordinary shares at an exercise price of $0.01 per share, representing approximately 4.99% of the currently outstanding shares [5] Group 3: Company Background - Jeffs' Brands aims to transform e-commerce by creating and acquiring products to become market leaders, leveraging both human capability and advanced technology [6]