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BNB Pivot Backfires? Nano Labs Launches Share Buyback as Stock Bleeds 40%
Yahoo Finance· 2025-10-15 14:29
Core Insights - Nano Labs Ltd, a Nasdaq-listed Web3 firm, announced a $25 million share repurchase program, leading to a 7% premarket rise in its shares, although the stock is still down nearly 40% year-to-date [1][3] Group 1: Share Repurchase Program - The board of directors authorized a buyback program allowing Nano Labs to repurchase up to $25 million worth of shares over the next 12 months [2] - The repurchase will be funded from existing cash reserves and proceeds from the liquidation of crypto assets [2] - The program allows flexibility for share buybacks through open market transactions, privately negotiated deals, or block trades, in compliance with securities laws [3][4] Group 2: Financial Performance - Nano Labs shares have declined 37% year-to-date, with a market capitalization of approximately $130 million [3] - Despite the decline, the company has been strengthening its balance sheet and investing in crypto [3] Group 3: BNB Exposure - In June, Nano Labs entered a $500 million convertible note agreement to acquire BNB, with plans to expand holdings to as much as $1 billion, aiming to control 5% to 10% of BNB's total circulating supply [5] - The company's chairman and CEO, Jianping Kong, purchased 480,000 Class A shares in August 2025, indicating confidence in the firm [6] Group 4: Strategic Developments - Nano Labs has pursued corporate initiatives to strengthen its Web3 infrastructure, including an At-The-Market Offering Agreement targeting up to $45 million in share sales for research and development [7] - The company signed a Memorandum of Understanding with TradeUP Securities to build tokenized US equities via blockchain integration [7] - Earlier in September, Nano Labs made an equity investment in CEA Industries Inc. and successfully transferred from the Nasdaq Capital Market to the Nasdaq Global Market [8]
X @Ansem
Ansem 🧸💸· 2025-10-09 15:24
RT Pix🔎 (@PixOnChain)BREAKING: new scam hitting the app storescammers are buying old apple dev accounts and renaming the apps to look like popular web3 trading dappsthey show up high in search, look 100% legit, but once you send funds...it’s instantly drainedtwo people lost $28k to this todaythese fake apps are showing up more and more latelyalways check the dev name, description, and compare with official links before downloading anythingprotect your coins ...
X @Polygon
Polygon· 2025-10-01 12:00
Polygon Labs is excited to deepen our collaboration with the Immutable team.With 250k+ monthly users and $40M TVL, Immutable is already driving significant web3 game adoption. Now with the new hub, that growth goes multi-player, with games across Polygon + Agglayer CDK-powered games. ...
Republic Steps Up Tokenization Efforts with Animoca Brands on Solana
Yahoo Finance· 2025-09-30 10:59
Core Insights - Global investment platform Republic plans to tokenize Animoca Brands' equity, allowing worldwide investors to access the leading Web3 firm within a compliant regulatory framework [1][2] Group 1: Tokenization Plans - Republic announced the tokenization of Animoca Brands' equity, providing global investors with a compliant framework for investment [2] - Animoca Brands has a portfolio of over 600 leading Web3 investments and utilizes tokenization and blockchain for digital property rights [2][3] Group 2: Market Access - Currently, Animoca Brands shares are not listed on public exchanges, making access possible only through Over-the-Counter (OTC) secondary markets [3] - The tokenization will allow existing shareholders to trade their equity on Republic's global marketplace [4] Group 3: Blockchain Utilization - Tokens will be minted on the Solana blockchain, recognized for its potential to lead the evolution of internet capital markets [4] - Solana's high speed and low transaction fees have made it an attractive option for various projects, positioning it as a competitor to Ethereum [5] Group 4: Recent Developments - Recent weeks have seen increased adoption of the Solana network, with Nasdaq-listed Forward Industries planning to tokenize its common stock on Solana [6]
Republic to Tokenize Equity in Web3 Giant Animoca Brands for Global Investors
Yahoo Finance· 2025-09-30 10:56
Core Insights - Republic has announced plans to tokenize equity in Animoca Brands, enabling global investors to gain exposure to the company in the Web3 space [1][7] Group 1: Tokenization Details - The initiative involves minting digital tokens representing shares of Animoca Brands, allowing both retail and institutional investors to access ownership through a blockchain-based structure [2] - The tokenized equity will be issued on the Solana blockchain and distributed directly to users' wallets [2][3] - Trading of the tokenized shares will occur on Republic's global marketplace, which supports regulatory-compliant asset transfers [3] Group 2: Market Context and Implications - Animoca Brands has a portfolio of over 600 Web3 investments, including notable projects like The Sandbox, Axie Infinity, and OpenSea, and remains privately held [3] - The tokenization effort aims to provide a more efficient and transparent way to invest in Animoca Brands, marking a significant development in the convergence of traditional finance with blockchain solutions [4] - Republic has a history of deploying over $3 billion across more than 2,500 companies and aims to expand access to private markets globally [4] Group 3: Future Outlook - The tokenization of Animoca Brands' equity is seen as a glimpse into the future of Internet Capital Markets, providing fast, global access to private company ownership [5] - Animoca Brands has indicated that the tokenization of real-world assets could unlock a $400 trillion traditional finance market, highlighting the potential for growth in various financial sectors [6]
环球智投:分析迪拜经济转型2.0从石油红利到数字黄金的跨越式发展
Jin Tou Wang· 2025-09-30 02:41
Group 1 - The core viewpoint highlights a historic shift in income structure in Dubai, with emerging professions like digital asset traders and AI trainers accounting for 41% of income, a 300% increase since 2020, while traditional energy sector income has dropped to a record low of 5.2% [1] Group 2 - The three pillars of the new economy in Dubai include the construction of a metaverse economic zone, which has attracted 73% of global Web3 companies and generated over $8 billion in virtual real estate transactions, with average salaries in this sector being 3.2 times higher than traditional industries [2] - The rise of the biotechnology corridor is supported by the Dubai Biotechnology Free Zone, with annual R&D investment in gene therapy and longevity medicine increasing by 45%, and salaries for biomedical researchers leading the industry for 18 consecutive months [2] - The green finance hub is taking shape, with the carbon trading market expanding to 120 billion dirhams, and ESG analysts being the most sought-after talent, with annual income growth in this field reaching 28%, significantly above the average in finance [2] Group 3 - Concerns include the risk of technological unemployment, with an expected AI replacement rate of 22% by 2030, potential asset bubble risks indicated by a virtual asset price volatility coefficient of 0.87, and a talent structure imbalance with a shortage of over 12,000 high-end technical talents [3] - The Dubai government has initiated the Future Skills 2026 plan, aiming to invest 5 billion dirhams to build a lifelong learning system, with a forecast that by 2027, the contribution of non-oil industries will exceed 85% if transformation strategies are effectively implemented [3] Group 4 - An expert perspective indicates that Dubai is reconstructing global wealth distribution rules, transitioning from a physical hub to a digital node, which may reshape the economic geography of the Middle East, while cautioning against the need for technological advancement to be inclusive [3]
This Penny Stock Is Surging Big Time on a Tie-Up With Faraday Future and a Push Into Crypto. Should You Buy Its Shares Here?
Yahoo Finance· 2025-09-23 14:00
Core Insights - Qualigen Therapeutics (QLGN) shares experienced a significant surge of approximately 200% after securing a $41 million investment from Faraday Future (FFAI) and its founder YT Jia, indicating strong investor enthusiasm for the company's rebranding to CXC10 and its pivot into crypto-Web3 [1][3] - Despite the initial spike, QLGN shares have since retraced much of the gains but remain up nearly 190% from year-to-date lows [2] - The partnership with Faraday, which holds a 55% stake and Jia's additional 7% under a two-year lockup, adds credibility and potential for growth to the newly rebranded CXC10 [3] Financial and Strategic Overview - The pivot towards crypto and Web3 introduces speculative upside, particularly with early gains from the C10 treasury and the promise of AI-driven trading via BesTrade [4] - The transition represents a significant departure from the company's biotech origins, raising concerns about execution and long-term viability [4][5] - Qualigen Therapeutics has a history of operating losses, limited revenue, and a strained balance sheet, which could lead to dilution risks [5][6] Valuation and Market Position - Valuation remains challenging due to the lack of proven product-market fit in the crypto space, with only a 7% gain on its treasury being inconclusive [6] - Regulatory uncertainty, execution risk, and speculative elements contribute to the perception of QLGN stock as a high-risk investment [6]
Web3 Social Media App UXLINK Reportedly Suffered A $11 Million Hack
Yahoo Finance· 2025-09-22 17:52
kinto shuts down, altcoin crashes. Photo by BeInCrypto UXLINK's token value is cratering after Cyvers reported a suspected $11.3 million hack. Hackers apparently stole UXLINK tokens worth $3 million alongside a host of other assets. The platform confirmed that the breach occurred on their multi-signature wallet and hackers are transferring the funds to multiple CEX and DEXs. Major UXLINK Hack UXLINK is an ambitious project, aiming to create a new AI-powered social infrastructure for Web3 ecosystems. Si ...
Knowpia 亚洲路演正式启幕,开启STO 融资新篇章
Sou Hu Cai Jing· 2025-09-19 01:27
硅谷,加利福尼亚 — 2025 年 9 月 18 日 —— 去中心化 SocialFi 平台 Funs. AI 背后的 Web3 创新企业 Knowpia Inc. 今日宣布正式启动亚洲路演之旅,这是公司为期三个月的证券型代币发行(STO)融资计划中的重要举措。 此次路演旨在向全球观众介绍 Funs. AI,吸引投资者关注,并加强与监管机构和 Web3 行业伙伴的合作关系。该 活动紧随公司于 2025 年 9 月 3 日正式推出 KNOWP 证券型代币之后展开,该代币也是此次融资计划的核心工 具。 路演日程 韩国区块链周 — 2025 年 9 月 22 日至 28 日 | 首尔 NovaX Lite Web3 路演 — 2025 年 9 月 29 日 | 香港 TOKEN2049 — 2025 年 10 月 1 日至 5 日 | 新加坡 上海区块链周 — 2025 年 10 月 23 日 | 上海 STO 亮点 代币价格:每枚 KNOWP 0.01 美元 最低投资额:10,000 美元 利润分成:净利润的 10% 分配给代币持有人 发行规模:最高 3 亿枚 KNOWP 代币 合规依据:美国 Reg D 506 ...
Sharps Technology(STSS.US)与BONK宣布质押合作 连接机构资本与Web3文化
Zhi Tong Cai Jing· 2025-09-16 12:09
Group 1 - Sharps Technology (STSS) announced a strategic partnership with BONK, a leading platform in the Solana ecosystem, to utilize BONK's liquid staking system as part of STSS's treasury strategy [1][3] - STSS plans to stake a portion of SOL into BonkSOL, BONK's liquid staking token product, indicating a commitment to support and align with key participants in the Solana ecosystem [3][4] - The company recently acquired over 2 million SOL through a PIPE transaction, valued at over $400 million based on a price of more than $220 per SOL at the time of purchase [3][4] Group 2 - By investing in BonkSOL, STSS aims to generate staking yields while enhancing the overall liquidity of BONK and the Solana ecosystem [4] - James Zhang, a strategic advisor at STSS, emphasized the importance of BONK as a cultural engine within Solana, aiming to create higher returns for shareholders and expand influence in Web3 [5] - BONK has integrated with over 400 DeFi protocols and has developed multiple Solana-native products, significantly increasing ecosystem activity [5][6] Group 3 - Since its launch, BonkSOL has attracted nearly 20,000 SOL in staking [6] - Sharps Technology is an innovative medical device and pharmaceutical packaging company, focusing on patented smart safety syringes that minimize drug residue and enhance safety in healthcare [8] - The company has adopted a digital asset treasury strategy centered around the Solana native token SOL, aiming for stable on-chain yield generation [8] Group 4 - BONK is a user-driven leading platform in the Solana ecosystem, having built a diverse range of Solana-native products and becoming a core platform for Web3 social and culture [10] - Its extensive application scenarios, cross-chain accessibility, and large community base make it one of the most widely held and used tokens in the decentralized finance sector [10]