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Digital Currency X Technology Inc. Announces 12 for 1 Share Consolidation
Globenewswire· 2026-01-20 11:30
Core Viewpoint - Digital Currency X Technology Inc. has announced a share consolidation on a 12 for 1 ratio to regain compliance with Nasdaq listing requirements, effective January 22, 2026 [1][2]. Share Consolidation Details - The share consolidation will automatically convert every 12 ordinary shares into one ordinary share without requiring action from shareholders [3]. - No fractional shares will be issued; shareholders will receive one full share instead of any fractional share resulting from the consolidation [3]. Changes in Share Capital - The authorized share capital will remain at US$3,000,000,000, but the structure will change from 10,000,000,000 shares of par value US$0.3 to approximately 833,333,333 shares of par value US$3.6 [4]. - The total issued and outstanding Class A ordinary shares will decrease from 234,717,048 shares to approximately 19,559,754 shares, while Class B ordinary shares will decrease from 16,001 shares to approximately 1,334 shares [4]. Company Overview - Digital Currency X Technology Inc. is focused on digital asset treasury management, with treasury holdings exceeding US$1.4 billion [5]. - The company aims to develop secure cryptocurrency custody solutions and is actively participating in decentralized finance (DeFi) ecosystems [5].
BitMine Leadership Just Responded After Contentious Shareholder Meeting
Yahoo Finance· 2026-01-18 19:53
Core Viewpoint - A significant controversy has emerged following BitMine's annual shareholder meeting, highlighting a divide between management and investors regarding governance and the company's strategic shift from Ethereum staking to a broader capital allocation model [1]. Group 1: Shareholder Meeting Issues - Shareholders expressed dissatisfaction with the AGM due to the absence of key executives, rushed presentations, and unclear voting outcomes, leading to perceptions of poor management [2]. - The new CEO and CFO did not attend the meeting, and the anticipated guest speakers were also absent, which contributed to a negative atmosphere described by some investors as a "clown show" [2]. - Concerns were raised about Tom Lee's ability to focus on BitMine while simultaneously leading Fundstrat, further fueling investor frustration [2]. Group 2: Management's Response - Rob Sechan, a board member, acknowledged the frustrations of shareholders but noted that the meeting took place during a transitional phase with several executive roles filled shortly before the AGM [3]. - Sechan defended the board's oversight, stating that the meeting aimed to explain the company's "DAT-plus" strategy and its long-term potential, despite criticisms regarding planning and transparency [3]. Group 3: Strategic Shift - Management emphasized a major strategic pivot, moving from a focus on Ethereum staking to becoming a digital holding company that will invest in projects aimed at expanding Ethereum adoption [4].
Two Prime selected to manage $250 million in bitcoin for Digital Wealth Partners
Yahoo Finance· 2026-01-16 10:00
Core Insights - Digital Wealth Partners has selected Two Prime to manage approximately $250 million in bitcoin, indicating increasing institutional confidence in specialized crypto managers [1][2] - The partnership signifies a maturation of digital asset investment frameworks as institutional investors seek professional strategies that include risk management and operational transparency [2] Company Overview - Two Prime specializes in providing financial services focused on bitcoin for institutional investors, including family offices, corporate treasuries, and miners [1] - The firm combines quantitative investment approaches with bitcoin-specific risk management and has one of the largest bitcoin secured lending arms globally [1] Partnership Details - The new mandate expands an existing relationship between Digital Wealth Partners and Two Prime, utilizing a separately managed account structure aimed at generating low volatility, bitcoin-denominated returns [3]
EMJX CEO Eric Jackson to Host Fireside Chat on EMJX Treasury OS Strategy and Governance on January 22nd
Globenewswire· 2026-01-14 13:15
Core Viewpoint - SRx Health Solutions, Inc. has entered into a definitive merger agreement with EMJ Crypto Technologies, which will enhance its capabilities in managing digital assets [1]. Group 1: Merger Announcement - SRx Health Solutions, Inc. and EMJ Crypto Technologies announced a definitive merger agreement [1]. - The merger aims to leverage EMJX's digital-asset treasury operating platform [1]. Group 2: Fireside Chat Details - EMJX Founder and CEO Eric Jackson will host a virtual fireside chat on January 22, 2026, at 11:00 a.m. ET [1][3]. - The discussion will cover EMJX's treasury operating system architecture and governance-first design principles [2]. - A live question-and-answer session will follow the prepared remarks during the chat [2]. Group 3: About EMJX - EMJX is a Gen2 digital-asset treasury operating system designed for managing multi-asset digital holdings [4]. - The platform utilizes quantitative models, artificial intelligence, and systematic risk controls, emphasizing transparency and disciplined capital allocation [4].
DeFi Technologies Highlights Record Net Inflows at Valour in 2025, Underscoring Core Business Momentum Beyond AUM Price Volatility
Prnewswire· 2026-01-12 12:30
Core Insights - DeFi Technologies Inc. has reported record net inflows into its Valour exchange-traded products (ETPs) in 2025, achieving $138.2 million, the highest annual total on record, despite challenging market conditions [2][4][12] - Valour has maintained a consistent growth trajectory with no months of net outflows, indicating strong client adoption and demand for regulated access to digital assets [2][4][3] - The company ended 2025 with 102 listed ETPs, making it the most diversified regulated digital asset product suite globally, allowing investors to access a broad range of digital assets beyond Bitcoin [3][5][6] Financial Performance - Valour's net inflows for 2025 included $116.2 million through Q3 and an estimated $22.0 million in Q4, showcasing resilience in demand even during a bear market [2][3] - As of September 30, 2025, Valour reported approximately $989.1 million in assets under management (AUM) [3] - The company anticipates that as AUM grows, it will enhance monetization potential, with blended management and staking yields estimated at 5 to 7 percent, alongside additional revenue from trading fees and other operations [13][3] Business Model and Strategy - Valour operates as a fully integrated issuer, monetizing across the entire lifecycle of digital asset product issuance, which differentiates it from traditional asset managers [7][14] - The company is focused on expanding its product offerings and geographic distribution, having made strides in regulated markets such as the London Stock Exchange and SIX Swiss Exchange, and establishing a presence in Brazil [15][16] - Future product innovations include second-generation offerings designed for institutional compatibility, which aim to broaden distribution and enhance liquidity [16][15]
K Wave Media Ltd. Announces Receipt of Nasdaq Notification Letter Regarding Minimum Price Deficiency
Globenewswire· 2026-01-09 21:05
Core Viewpoint - K Wave Media Ltd. has received a notification from Nasdaq indicating that it no longer meets the minimum bid price requirement of $1 per share, based on its closing bid price from November 20, 2025, to January 6, 2026 [1][4] Group 1: Compliance and Listing Requirements - The company has a compliance period of 180 calendar days, until July 6, 2026, to regain compliance with the minimum bid price requirement [2] - If the closing bid price reaches at least $1.00 for ten consecutive business days during this period, Nasdaq will confirm compliance [2] - Should the company fail to regain compliance within the initial period, it may be eligible for an additional 180 days to demonstrate compliance, provided it meets other listing standards [3] Group 2: Current Trading Status - The notification does not result in immediate delisting, and the company's shares will continue to trade under the symbol "KWM" [4] - The company is actively evaluating options to regain compliance and intends to meet Nasdaq's continued listing requirements [4] Group 3: Company Overview - K Wave Media Ltd. is a publicly listed entertainment and Bitcoin treasury company focused on creating, distributing, and monetizing high-quality content across various platforms [5] - Since going public in 2025, the company has pursued strategic growth initiatives, including investments in production houses and digital platforms [5]
TON Strategy Company Announces Senior Officer Appointments
Globenewswire· 2026-01-08 13:30
Core Viewpoint - TON Strategy Company has appointed Mary L. Marbach as General Counsel and Corporate Secretary, and Bill J. Rivard as Chief Accounting Officer, to strengthen its leadership team as it aims to build a regulated public gateway to the TON blockchain [1][5]. Leadership Appointments - Mary L. Marbach has over 20 years of experience in legal, governance, and regulatory functions for public and growth-stage companies, previously serving as General Counsel at Savant Science Inc. and Chief Legal Officer at Twinlab Consolidation Corporation and Vitacost.com, Inc. [2] - Bill J. Rivard has more than 30 years of experience in corporate accounting and SEC reporting, having served as Interim Chief Financial Officer and Division Chief Financial Officer at TON Strategy Company, and previously as Corporate Controller [3]. Company Operations and Strategy - TON Strategy Company focuses on accumulating Toncoin ($TON) for long-term investment, aiming to expand its holdings through capital raising, staking rewards, and open market purchases [6]. - The company operates under a governance framework that ensures transparent access to $TON through institutional custody, validator operations, and public company reporting standards [4]. Management Team and Vision - The management team combines expertise in public market governance, institutional investment management, and crypto-native operations to support long-term participation in the TON blockchain ecosystem [5]. - CEO Veronika Kapustina emphasized the importance of the new appointments in strengthening the company's governance and operational capabilities [5].
Nvidia CEO Jensen Huang Envisioned Compressing 'Excess Energy' Into AI Models — Grayscale Touts This Crypto As Right Match
Benzinga· 2026-01-08 09:11
Core Insights - Grayscale Investments has identified Bittensor (CRYPTO: TAO) as a token that aligns with Nvidia CEO Jensen Huang's vision of utilizing excess energy for AI model transformation [1][2][3] Group 1: Bittensor and Its Functionality - Bittensor is a decentralized, blockchain-based machine-learning network that allows for the sharing, training, and ranking of AI models [3][4] - The protocol incentivizes participation and contribution by rewarding users with TAO tokens [4] Group 2: Grayscale's Involvement - Grayscale operates the Grayscale Bittensor Trust (OTCQX:GTAO) in over-the-counter markets and has filed an S-1 with the SEC to convert this trust into a spot exchange-traded fund [4] Group 3: Market Performance - As of the latest data, TAO is priced at $274.33, reflecting a 2.66% decrease over the past 24 hours and a significant 42% decline over the past year [5]
Digital Currency X Technology Expands Digital Asset Strategy Through Token Staking with EdgeAI Foundation
Globenewswire· 2026-01-07 12:18
Core Viewpoint - Digital Currency X Technology Inc. (DCX) has entered into a staking agreement with EdgeAI Foundation to stake over 100 million EdgeAI tokens, aiming to optimize its treasury management and generate yield on its digital asset holdings [1][2][4]. Company Overview - Digital Currency X Technology Inc. is a digital asset treasury management company focused on cryptocurrency custody and storage solutions, with treasury holdings around 500 million dollars [6]. - The company is positioned at the forefront of institutional digital asset adoption and is executing a comprehensive digital currency strategy that includes treasury optimization and participation in decentralized finance (DeFi) ecosystems [6]. Staking Agreement Details - Under the agreement, DCX will stake over 100 million EdgeAI tokens for a term of 12 months, with a floating annualized yield ranging from 3.5% to 8%, and rewards distributed in EdgeAI tokens [2][3]. - Upon maturity, the staked tokens will be automatically unlocked and returned to DCX unless a renewal is agreed upon in writing [2]. Strategic Implications - The staking agreement allows DCX to generate yield on its digital asset treasury while maintaining exposure to the EdgeAI ecosystem, thereby creating additional value for shareholders [3][4]. - CEO Melissa Chen emphasized that this approach represents a disciplined strategy for treasury optimization, leveraging existing digital asset holdings for yield generation [4].
XRP Down 5% as WisdomTree Withdraws ETF Filing, but 2026 Looks Good
Yahoo Finance· 2026-01-07 09:18
Market Impact - XRP experienced a downturn on January 7, resulting in a loss of approximately $5 billion in market capitalization, with the price trading around $2.27, down by 3.2% over 24 hours due to WisdomTree's withdrawal of its XRP ETF filing with the US SEC [1] - Despite the short-term price impact from WisdomTree's decision, selling pressure remained minimal, and XRP is still up about 22% over the past week, adding around $25 billion in market cap [4] ETF Developments - WisdomTree requested the removal of its XRP ETF filing, which was still under early review and had not received approval, indicating a strategic pause in their plans [2] - The withdrawal occurred despite strong demand for XRP-based funds, with US spot XRP ETFs recording over $1.25 billion in total inflows, including $19.12 million in net inflows on January 6 alone, pushing total net assets to $1.62 billion [3] Company Expansion - Ripple is actively expanding its core business, having acquired Solvexia through its GTreasury unit, which focuses on no-code finance automation and analytics, aiming to enhance reporting services for finance and compliance teams [5] - Additionally, Ripple launched spot prime brokerage services for US institutional clients in November 2025, facilitating over-the-counter trades across various digital assets [6]