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FOMO Pushes Institutions to Double Down on 5% Crypto Allocation — Laser Digital CEO
Yahoo Finance· 2025-10-03 10:39
Institutional adoption has long been crypto’s holy grail. But since the U.S. approval of spot Bitcoin ETFs in January 2024, the debate has moved to how much exposure is enough. The new battleground is whether large investors should allocate over 5% of assets under management to crypto. Any allocation above the pre-2025 “standard risk-adjusted threshold of 1-5%” would be a win for Bitcoin. That’s because it shows not only confidence, but also that institutions now consider crypto assets as a structural part ...
NextGen Digital Platforms Inc. Responds to OTC Markets Request on Recent Promotional Activity
Globenewswire· 2025-10-03 01:00
Core Viewpoint - NextGen Digital Platforms Inc. has been involved in promotional activities regarding its common shares, which were disclosed following a request from OTC Markets Group Inc. The company acknowledges its engagement with Gold Standard Media LLC for investor relations and advertising services, which included the distribution of promotional materials [1][2][3]. Group 1: Promotional Activities - On September 29, 2025, OTC Markets informed the company about promotional activities related to its shares, including newsletters published by Gold Standard Media LLC discussing the company and its Bittensor business [2]. - The company entered into an advertising agreement with Gold Standard Media LLC on July 28, 2025, and was aware of the promotional activities since that date [3]. - The company provided publicly available information for the marketing materials, which were reviewed and approved by management for factual accuracy [5]. Group 2: Company’s Position on Promotional Impact - The company does not believe that the promotional activities were the primary factor for any increase in trading volume but rather that they increased investor interest and awareness [6]. - After inquiries, the company confirmed that no directors, officers, or third-party service providers were involved in the creation or distribution of promotional materials beyond what was disclosed [7]. Group 3: Recent Share Transactions - The CEO of the company purchased 300,000 shares in the past 90 days, indicating insider confidence [8]. Group 4: Investor Relations and Services - The company has engaged several third-party service providers for investor relations and marketing services over the past twelve months, including Gold Standard Media LLC, Tafin GmbH, and others [9]. Group 5: Company Overview - NextGen Digital Platforms Inc. is a publicly listed fintech and digital asset company focused on Web3 technologies, blockchain infrastructure, and digital assets, aiming to develop innovative financial structures aligned with decentralized finance [11]. - The company also operates PCSections.com, an e-commerce platform, and a hardware-as-a-service business supporting the artificial intelligence sector [12].
BNB Climbs 3.5% as Fed Rate Cut Bets Fuel Rally Past Key Resistance
Yahoo Finance· 2025-10-02 14:06
BNB rallied more than 3.5% in the last 24 hours, tracking broader gains across the crypto market as expectations of a Federal Reserve rate cut firmed. The token rose from a session low of $1,017.44 to more than $1,050, marking a breakout above key resistance levels in the session. The rise comes on the back of an unexpected drop in U.S. private payrolls that adds to a growing list of signals that the Fed may begin easing monetary policy sooner than expected. With official jobs data paused due to the on ...
Sharps Technology Teams Up With Crypto.com To Grow Solana Strategy
Yahoo Finance· 2025-10-02 13:26
Core Insights - Sharps Technology Inc. announced a stock repurchase plan of up to $100 million through open-market purchases and negotiated transactions [1] - The company is expanding its digital asset strategy focused on Solana in partnership with Crypto.com, which will provide custody, liquidity, and over-the-counter trading services [1][4] - Sharps has acquired over 2 million Solana tokens, valued at over $400 million, with plans to deploy a portion into Solana-native projects to earn yield [2] Group 1 - The partnership with Crypto.com aims to connect traditional finance with blockchain assets and position Sharps as a significant institutional player in the Solana ecosystem [4] - The strategic advisor emphasized that the digital asset treasury is a step toward building open and efficient financial infrastructure [3] - The stock price of STSS increased by 2.65% to $6.96 in premarket trading following the announcements [4]
VisionSys AI Stock Crashes 57% on $2B Solana Treasury Bet – Recovery Ahead?
Yahoo Finance· 2025-10-01 20:17
VisionSys AI saw its shares plunge more than 57% on Wednesday after the company unveiled an ambitious plan to launch a $2 billion Solana (SOL) treasury program in partnership with staking provider Marinade Finance. The AI-powered healthcare and biotech solutions firm said its subsidiary, Medintel Technology, signed an exclusive partnership with Marinade to build one of the largest digital currency reserves among publicly traded companies. The initiative, which begins with a $500 million acquisition and s ...
Reliance Global Group (RELI) Adds XRP to Digital Asset Treasury, Expanding Enterprise-Grade Blockchain Portfolio
Globenewswire· 2025-09-30 13:00
Core Viewpoint - Reliance Global Group has completed the purchase of XRP, enhancing its Digital Asset Treasury initiative and diversifying its portfolio with a top-tier cryptocurrency recognized for its speed and scalability in cross-border payments [1][2][3] Group 1: Digital Asset Strategy - The addition of XRP follows previous purchases of Bitcoin, Ethereum, and Cardano, reflecting a disciplined approach to building a diversified digital asset portfolio [2][3] - The company aims to integrate digital assets into its broader strategy, merging innovative technologies with its established strengths in insurance and financial services [3][10] - Reliance emphasizes the importance of secure custody, transparent oversight, and regulatory compliance in managing its digital assets [3][10] Group 2: XRP Characteristics - XRP is the fourth-largest cryptocurrency by market capitalization and is widely used as a bridge asset for international payments [2] - Key features of XRP include transaction settlement in 3-5 seconds, low transaction fees, partnerships with global banks for liquidity management, scalability of over 1,500 transactions per second, and energy efficiency compared to proof-of-work blockchains [5][6] Group 3: Long-term Vision - The company believes that the disciplined diversification into digital assets will capture the transformative potential of blockchain technology and drive long-term shareholder value [3][6] - Reliance's strategy includes balancing innovation with prudent governance and compliance, aiming to enhance resilience, efficiency, and growth through blockchain participation [3][6]
Institutional Bets on ETH Grow, Analysts Eye $6,000 Target in November
Yahoo Finance· 2025-09-30 09:48
Core Insights - Major digital asset firms are increasing their Ethereum (ETH) exposure as the cryptocurrency recovers from recent lows, indicating rising institutional confidence in the asset [1] Group 1: Bit Digital - Bit Digital plans to raise $100 million through a public offering of convertible senior notes maturing in 2030, with an additional 30-day option for underwriters to acquire up to $15 million [2] - The capital raised will primarily be used to increase Ethereum holdings, with provisions for potential acquisitions and other digital asset opportunities [4] - Following the announcement, Bit Digital's stock (BTBT) rose to $3.2, an increase of 8.47% at market close, although it dipped 5% in after-hours trading [4] Group 2: BitMine Immersion Technologies - BitMine has expanded its Ethereum treasury to 2.65 million coins, valued at over $11 billion, after purchasing 234,846 ETH worth $963 million [5] - BitMine's Chairman stated that Ethereum remains the premier choice for investment due to its reliability and potential in the ongoing AI and crypto supercycle [6] - BitMine also holds 192 Bitcoin valued at $21.6 million, a $157 million stake in Eightco Holdings, and $436 million in cash, totaling $11.6 billion in crypto and cash assets [7]
Maison Solutions(MSS.US)股价狂飙!拟筹资7000万美元打造Worldcoin数字资产金库
Zhi Tong Cai Jing· 2025-09-29 13:37
Core Insights - Maison Solutions (MSS.US) has signed a securities purchase agreement with a U.S. institutional investor to issue up to $70 million in convertible notes through a private placement [1] - The raised funds will be used to initiate a digital asset treasury centered around Worldcoin (WLD), the native token of the World Network [1] - The company plans to explore blockchain-related initiatives, including cross-border payments using WLD as a reserve asset, financial inclusion for underserved customers, and identity verification-based anti-fraud loyalty programs [1] Company Developments - Maison Solutions may consider deploying Worldcoin Orb devices in stores for offline identity verification, although it has not yet applied to join the World Network or received approval for Orb deployment [1] - Following the announcement, Maison Solutions' stock surged over 305% in early trading on Monday [1] Industry Context - Worldcoin, co-founded by OpenAI's Sam Altman, aims to provide a critical "Proof of Human" solution for an increasingly AI-driven world [2] - The project has developed unique spherical iris-scanning hardware (Orb) that allows users to verify their unique human identity through iris scanning to participate in Worldcoin transactions [2] - Worldcoin utilizes zero-knowledge proof technology to confirm a user's authenticity without storing biometric information on the blockchain [2] - The project has created nearly 16 million zero-knowledge human proof accounts across over 45 countries since its launch in July last year [2]
Antalpha(ANTA.US)与全球最大稳定币发行商Tether扩大合作 以强化“数字黄金”生态系统
智通财经网· 2025-09-29 13:17
Core Insights - Antalpha Platform (ANTA.US) is expanding its collaboration with Tether, the issuer of the largest stablecoin USDT, to enhance the global ecosystem of Tether's gold-backed stablecoin (XAUT) [1] - The initiative aims to introduce new financial solutions and services, highlighting the strategic importance of gold in the evolving digital asset economy [1] Company Developments - Antalpha Platform launched its Real World Asset Hub (RWA Hub) earlier this year, focusing on liquidity and RWA services specifically for the XAUT business [1] - XAUT provides a digital means for individuals to access physical gold, with each XAUT backed by one ounce of pure gold from London Good Delivery bars [1] Service Enhancements - Through its collaboration network, Antalpha RWA Hub currently offers custody and purchasing services for XAUT [1] - Notably, it also provides mortgage services based on XAUT, allowing clients to borrow against their collateralized XAUT assets, thereby enhancing liquidity and capital efficiency [1] Future Plans - Antalpha plans to establish a global network of physical gold vaults and collaborate with local partners to facilitate the easy conversion of XAUT into physical gold bars [1]
NextGen Digital Platforms Inc. Reiterates its Strategic Plan to Build Long-Term Value by Bridging Traditional Capital Markets with Web3 Infrastructure
Globenewswire· 2025-09-29 11:30
Vancouver, B.C., Sept. 29, 2025 (GLOBE NEWSWIRE) -- NextGen Digital Platforms Inc. (CSE:NXT) (OTCQB:NXTDF) (FSE:Z12) (“NextGen” or the “Company”) a digital asset and fintech platform bridging traditional capital markets with Web3 infrastructure, today provides an update on its strategic priorities and corporate strategy. Further to its news release of September 24, 2025 and September 25, 2025, NextGen has received approval by the majority of its shareholders and the Canadian Securities Exchange (the “CSE”) ...