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Immutable Holdings Announces Strategic Update on HBAR Treasury Strategy Also Management Change
Globenewswire· 2025-07-28 11:00
Core Viewpoint - Immutable Holdings Inc. is advancing its strategic initiatives, focusing on a digital asset treasury approach centered around HBAR tokens, while also implementing senior management changes to support its evolving business [1][2][5]. Strategic Initiatives - The company is developing a digital asset treasury approach that emphasizes HBAR tokens, with Immutable Asset Management LLC currently holding over 48 million HBAR [2][3]. - HBAR is viewed as a high-quality digital asset with long-term potential due to its enterprise-grade performance, low transaction costs, and growing adoption [3][4]. - Immutable plans to engage in a broader range of business activities, including partnerships and technology initiatives aligned with digital assets [5][6]. Management Update - Melyssa Charlton has been appointed as the new Interim Chief Executive Officer, previously serving as the Interim Chief Financial Officer since November 2021 [7][8]. - William "Billy" Baxter has been appointed as the new Interim Chief Financial Officer, having previously led corporate development and operations at the company [9][10]. - The leadership changes are expected to enhance the execution of Immutable's long-term vision and digital asset initiatives [10]. Company Overview - Immutable Holdings Inc. operates within the digital assets ecosystem, focusing on increasing awareness, access, and adoption of digital assets, including HBAR [11]. - The company engages in various activities such as product development, digital asset infrastructure, and asset management [11].
Galaxy Executes One of the Largest Notional Bitcoin Transactions Ever
Prnewswire· 2025-07-25 20:30
Core Viewpoint - Galaxy Digital Inc. has successfully executed one of the largest notional bitcoin transactions in crypto history, selling over 80,000 bitcoin valued at over $9 billion for a Satoshi-era investor as part of an estate planning strategy [1][2]. Company Overview - Galaxy Digital Inc. is a global leader in digital assets and data center infrastructure, providing solutions that enhance progress in finance and artificial intelligence [3]. - The company's digital assets platform offers institutional access to various services including trading, advisory, asset management, staking, self-custody, and tokenization technology [3]. - Galaxy also invests in and operates advanced data center infrastructure to support AI and high-performance computing, addressing the increasing demand for scalable energy and computing solutions in the U.S. [3]. - The company is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia [3].
OSL Group Secures $300 Million to Expand Digital Asset Platform
PYMNTS.com· 2025-07-25 15:48
Core Insights - OSL Group secured $300 million in equity financing to accelerate global expansion [1][2] - The new capital will be used for licensing, acquisitions, partnerships, and developing new payment and stablecoin initiatives [2][5] - OSL Group is expanding its regulated services across Japan, Australia, Europe, and potentially Southeast Asia [3][4] Company Expansion Plans - OSL Group has acquired regulated platforms in Japan, Indonesia, and Canada, with plans to expand into Vietnam, Thailand, Turkey, and Latin America [4] - The company is exploring partnerships with stablecoin issuers ahead of Hong Kong's stablecoin licensing regime launch [4][5] Services and Infrastructure - OSL Group offers regulated services including OTC brokerage, custody, retail trading channels, and wealth management solutions [3] - The company’s payments division, OSL Pay, aims to enhance regulated fiat-to-crypto infrastructure [5][6] - OSL Wealth, launched in April, focuses on traditional investors managing crypto assets, providing access to tokenized treasury assets and crypto-structured products [6]
X @Bloomberg
Bloomberg· 2025-07-25 02:56
Digital assets company OSL has secured $300 million in an equity offering as it pursues international expansion in the backdrop of improved prospects for the crypto industry https://t.co/Q1gRRJ6zYp ...
Matador Technologies Inc. Secures USD $100 Million Financing Facility to Accelerate Bitcoin Treasury Growth
Globenewswire· 2025-07-23 12:51
Core Insights - Matador Technologies Inc. has entered into a secured convertible note facility agreement with ATW Partners, allowing the issuance of convertible notes up to USD $100 million to support its Bitcoin acquisition strategy [2][3][6] - The initial funding of USD $10.5 million will be used exclusively for purchasing Bitcoin, with a long-term goal of acquiring up to 1,000 BTC by 2026 and 6,000 BTC by 2027, aiming to become a top 20 global corporate holder of Bitcoin [3][7][11] - The notes will carry an interest rate of 8% per annum, with a maturity of approximately two years, and will be secured by Bitcoin collateral [5][6] Funding Structure - The secured convertible notes provide minimally dilutive, price-adaptive funding that converts at market-aligned prices [2] - The facility is designed to support Matador's treasury strategy, reinforcing its commitment to increasing Bitcoin holdings [3][4] - The initial tranche of USD $10.5 million is backed by 1.5x Bitcoin collateral, while future tranches will be secured by 1.0x Bitcoin collateral [5][6] Strategic Goals - Matador aims to hold 1% of Bitcoin's total supply as part of its long-term strategy [7] - The company is focused on growing Bitcoin per share (BPS) and enhancing its balance sheet through strategic Bitcoin accumulation [4][10] - The partnership with ATW Partners brings both capital and strategic depth to Matador's vision in the Bitcoin ecosystem [6]
Scryb Appoints Daniel M. Proska as President
Newsfile· 2025-07-21 11:28
Scryb Appoints Daniel M. Proska as President Forward-Looking Information Cautionary Statement The Company also announces that the Interim CEO, James Van Staveren, has been appointed permanent CEO effective immediately. Mr. Van Staveren has served as the interim CEO since December 2024. About Daniel Proska1 For the majority of his career, Mr.Proska has focused on scaling technology-driven companies, building high performance teams and securing growth capital. He has served on boards of both public and privat ...
Baiya International Group Inc. Announces Strategic Acquisition to Accelerate Web3 Transformation
Globenewswire· 2025-07-18 13:00
Core Viewpoint - Baiya International Group Inc. has signed a strategic merger framework agreement to acquire Starfish Technology-FZE, marking its transformation into digital assets and financial technology, entering the "Web3 New Era" of global capital markets [1][6] Group 1: Acquisition Details - The acquisition includes Starfish's UpTop.Meme platform, a decentralized liquidity protocol on BNB Chain, along with all associated intellectual property and operational rights [2][3] - The merger is expected to contribute an estimated $15 million in additional profit to Baiya [2] Group 2: UpTop.Meme Platform - UpTop.Meme is designed to provide on-chain liquidity services for crypto-native digital assets and tokenized U.S. stocks and treasuries, aiming to become the world's largest decentralized liquidity infrastructure [3] - The platform recently completed a successful presale allocation of $1.5 million within six minutes, attracting over 100,000 unique wallet addresses and an oversubscription exceeding $11 million [4] Group 3: Strategic Importance - The agreement is viewed as a pivotal milestone for Baiya, positioning the company as a pioneer in digital assets within U.S. public markets and bridging traditional finance with the decentralized economy [6] - Baiya plans to integrate its core team with UpTop to enhance technological strength and global operational capacity [2][6]
Universal Digital Inc. Appoints Chase Ergen to Advisory Board to Accelerate Global Digital Asset Strategy
Newsfile· 2025-07-18 12:00
Core Insights - Universal Digital Inc. has appointed Chase Ergen to its Advisory Board to enhance its global digital asset strategy [1][3] - Mr. Ergen brings over two decades of experience in satellite communications, 5G infrastructure, and digital asset innovation [2][3] - The appointment aligns with Universal Digital's goal of expanding institutional access to digital assets, particularly in the Asia Pacific region [4] Company Overview - Universal Digital Inc. is a Canadian investment company focused on digital assets and high-growth industries, particularly blockchain and cryptocurrencies [6] - The company aims to provide long-term capital growth through a diversified investment approach and participate in the transformation of global finance via digital asset strategies [6] Advisory Board Appointment - Chase Ergen's leadership experience includes early Bitcoin mining operations and promoting blockchain adoption [2][3] - His role is expected to support Universal Digital's engagement with individuals who have contributed to emerging financial technologies [3] Strategic Goals - The company is focused on expanding institutional access to digital assets through listed structures in the Asia Pacific [4] - There is a growing interest in corporate treasury applications of digital assets in the region, which the company aims to capitalize on [4] Compensation Details - Universal Digital has granted 75,000 restricted share units (RSUs) to Mr. Ergen as part of its Long-Term Incentive Plan, vesting over two years [5]
NextGen Digital Platforms Inc. Announces New CEO, Matthew Priebe
Globenewswire· 2025-07-18 11:30
Core Viewpoint - NextGen Digital Platforms Inc. has appointed Matthew Priebe as the new CEO, succeeding Alexander Tjiang, who will remain as a Director to provide strategic guidance [1][4]. Group 1: Leadership Changes - Matthew Priebe brings a decade of experience in alternative investments and capital markets, having held founding and leadership roles in various firms [2]. - Alexander Tjiang expressed confidence in Priebe's ability to lead the company towards its mission of making Web3 and digital asset exposure accessible [4]. Group 2: Strategic Initiatives - The company has developed a debenture program that allows investors to earn returns on idle digital assets, which is expected to drive shareholder value [3]. - NextGen aims to announce additional Web3 and cash-generative ventures in the near future [3]. Group 3: Compensation and Incentives - Matthew Priebe has been granted 300,000 stock options at a price of $0.56 per share, exercisable over five years, with vesting occurring quarterly over 36 months [4]. - Additionally, Priebe received 350,000 restricted share units (RSUs) that will vest in six tranches based on milestones over 24 months [5]. Group 4: Company Overview - NextGen Digital Platforms Inc. is a publicly listed fintech and digital asset company focused on providing exposure to Web3 technologies and yield-bearing investment opportunities [6]. - The company operates an e-commerce platform and a hardware-as-a-service business supporting the AI sector [6].
Galaxy Schedules Webcast and Investor Call to Review Second Quarter 2025 Results on August 5, 2025
Prnewswire· 2025-07-15 21:00
Core Points - Galaxy Digital Inc. will report its second quarter 2025 financial results on August 5th, 2025, before the opening of Nasdaq and the Toronto Stock Exchange [1] - A conference call will be hosted by CEO Michael Novogratz and management at 8:30 AM Eastern Time on the same day to update investors and analysts [1] Company Overview - Galaxy Digital Inc. is a global leader in digital assets and data center infrastructure, providing solutions that enhance progress in finance and artificial intelligence [3] - The company's digital assets platform offers institutional access to various services including trading, advisory, asset management, staking, self-custody, and tokenization technology [3] - Galaxy also invests in and operates advanced data center infrastructure to support AI and high-performance computing, addressing the increasing demand for scalable energy and compute solutions in the U.S. [3] - The company is headquartered in New York City, with offices across North America, Europe, the Middle East, and Asia [3]