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Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of January 30, 2026 in DeFi Technologies Lawsuit – DEFT
Globenewswire· 2025-12-18 22:12
Core Viewpoint - A class action securities lawsuit has been filed against DeFi Technologies, alleging securities fraud that affected investors between May 12, 2025, and November 14, 2025 [1] Group 1: Allegations of Fraud - The lawsuit claims that DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver for the company [2] - It is alleged that DeFi Technologies understated the competition it faced from other digital asset treasury companies, impacting its ability to execute its DeFi arbitrage strategy [2] - The company is accused of being unlikely to meet its previously issued revenue guidance for the fiscal year 2025 due to these issues [2] - Defendants allegedly downplayed the true scope and severity of the negative impacts on DeFi Technologies' business and financial results [2] - Public statements made by the defendants were claimed to be materially false and misleading throughout the relevant period [2] Group 2: Legal Process and Participation - Investors who suffered losses in DeFi Technologies during the relevant timeframe have until January 30, 2026, to request to be appointed as lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the top securities litigation firms in the United States [4]
Crypto Long & Short: What the DOJ’s Massive Crypto Seizures Mean for the Industry
Yahoo Finance· 2025-12-17 17:13
But investigators are often working with incomplete information and under time pressure, and this can result in mistakes about whether particular transactions reflect money laundering or perfectly legal activity. That is unfortunate, because while potential paths exist to remedy an improper crypto seizure , the recovery process can be expensive, time-consuming and stressful.First, the DOJ’s heightened focus on crypto seizures increases the odds that innocent users will see their coins wrongly caught in the ...
SBI Ripple Asia Signs MOU With Doppler Finance to Explore RWA Tokenization
Yahoo Finance· 2025-12-17 14:25
Core Insights - The collaboration between SBI Ripple Asia and Doppler Finance aims to develop XRP-based yield infrastructure and real-world asset tokenization on the XRP Ledger, transitioning XRP from a payment-focused asset to a yield-bearing financial instrument [1] Group 1: Partnership and Ecosystem Development - The partnership signifies a step forward for the XRP ecosystem, as SBI Ripple Asia collaborates with a protocol built natively on the XRPL [2] - Doppler Finance's XRPfi infrastructure is designed for regulated environments, bridging traditional financial standards with decentralized ledger technology [2] Group 2: Institutional Custody and Security - SBI Digital Markets, regulated by the Monetary Authority of Singapore (MAS), has been appointed as the institutional custodian, providing segregated and independent custody to mitigate exchange-related risks [3] - The custody structure aims to enhance trust among regulated entities and financial institutions considering on-chain yield exposure via the XRP Ledger [4] Group 3: Market Expansion and Validation - The collaboration strengthens Doppler Finance's presence in Japan, a key market for digital asset innovation and regulation, positioning it as a compliant yield infrastructure provider within the XRP ecosystem [5] - Doppler's infrastructure has been adopted by qualified institutions and integrated with major exchanges and wallets, showcasing its operational stability and attractiveness for institutions seeking on-chain yield [6] Group 4: Strategic Goals - The partnership aims to expand XRP's role as a productive, yield-bearing asset while introducing institutional standards to the broader XRPL ecosystem [7] - The collaboration is focused on accelerating the development of secure and transparent yield infrastructure on the XRP Ledger [8]
SOL Strategies: The Premier Public Play on the Solana Economy – Initiation Report
Yahoo Finance· 2025-12-17 12:46
Download the Complete Report Here By Brandon Hornback SOL Strategies Inc. (NASDAQ: STKE) is the premiere play on Solana’s (SOL) accelerated growth, packaged as an easily-accessible public equity. After a broad-based selloff in shares of digital asset treasury (DAT) companies,STKE presents a rare opportunity to own a compelling business at a price that may not last long. The company commands a large and growing holding of SOL, a yield-rich digital asset. STKE now holds 526,600 SOL on its balance sheet and ...
Chaince Digital Sponsors Wellball VIP League New York Event
Globenewswire· 2025-12-16 14:00
Core Viewpoint - Chaince Digital Holdings Inc. has announced its role as the Presenting Sponsor for the Wellball VIP League event in New York on December 20, 2025, highlighting its commitment to community engagement and brand awareness in key markets [1][2]. Company Overview - Chaince Digital Holdings Inc. (formerly Mercurity Fintech Holding Inc.) is a Nasdaq-listed company focused on blockchain and digital asset sectors, providing technology-enabled solutions across distributed computing, business consulting, and capital markets services [5]. Sponsorship Details - The sponsorship of the Wellball VIP League reflects Chaince's strategy to enhance community engagement and brand visibility, aligning with its values of innovation and connection [2][3]. - The Wellball VIP League features a unique non-contact basketball format that emphasizes shooting accuracy and mental toughness, appealing to basketball enthusiasts [3][4]. Event Information - The event on December 20, 2025, marks the conclusion of the Wellball VIP League's fall season and will prominently feature Chaince's branding across multiple high-visibility touchpoints [4].
Tokenwell Plans to Establish U.S. Subsidiary in Dallas, Texas, to Expand its Presence in the Growing Digital Asset Hub
Accessnewswire· 2025-12-16 11:00
Core Viewpoint - Tokenwell Platforms Inc. is expanding its operations by establishing a wholly owned U.S. subsidiary in Dallas, Texas, and activating a virtual office in the city's financial district, Y'all Street, which is recognized for its rapid growth in the digital asset ecosystem [1] Group 1 - The new subsidiary will be located in Dallas, Texas, which is part of a strategic move to enhance the company's presence in the U.S. market [1] - Y'all Street is noted as one of the fastest-growing digital asset ecosystems in the country, indicating a favorable environment for Tokenwell's operations [1] - The area is also home to the newly formed Texas Stock Exchange (TXSE), which may provide additional opportunities for Tokenwell in the financial sector [1]
CORRECTION – Matador Technologies Inc. Announces Updated Terms of USD$100 Million Convertible Note Facility to Expand Bitcoin Holdings
Globenewswire· 2025-12-16 00:00
Core Viewpoint - Matador Technologies Inc. has announced a significant financing move through an amended secured convertible note facility to enhance its Bitcoin accumulation strategy, aiming to acquire up to 1,000 BTC by 2026 and ultimately hold approximately 1% of Bitcoin's total supply [2][4][5] Financing Details - The amended facility allows Matador to issue convertible notes totaling up to USD$100 million, with an initial tranche of USD$10.5 million [3][5] - The facility is exclusively designated for purchasing Bitcoin, with additional drawdowns available subject to regulatory approvals [3][5] - The investor, ATW Partners, can require the issuance of additional notes totaling up to USD$75 million, with a 5% commitment fee payable in cash [3][5] Strategic Objectives - The financing is part of Matador's long-term strategy to increase Bitcoin per share and reflects sustained institutional interest in its approach [4][5] - The company aims to build its Bitcoin holdings to 6,000 BTC by 2027 and rank among the top 20 corporate holders globally [5] Interest and Conversion Terms - The notes will bear an interest rate of 8% per annum, reducing to 5% after uplisting to NASDAQ or NYSE, with a potential increase to 18% in case of default [6][15] - The principal and interest can be converted into common shares, with a maximum of 19,842,083 shares issuable upon conversion [10][15] Institutional Partnership - ATW Partners is identified as a leading U.S.-based institutional investor focused on innovative growth-stage financing, enhancing Matador's capital structure [5][19] Recent Developments - Matador has proposed to invest in HODL Systems, securing up to a 24% ownership stake, which strengthens its position as a Bitcoin treasury company [19]
CORRECTION – Matador Technologies Inc. Announces Updated Terms of USD$100 Million Convertible Note Facility to Expand Bitcoin Holdings
Globenewswire· 2025-12-16 00:00
Core Viewpoint - Matador Technologies Inc. has announced a corrective disclosure regarding its amended secured convertible note facility, which allows the company to issue up to USD$100 million in convertible notes to fund Bitcoin purchases for its balance sheet [2][3]. Group 1: Financing Details - The amended facility includes an initial tranche of USD$10.5 million, with an additional USD$89.5 million available, contingent on regulatory approvals and other conditions [3]. - The investor, ATW Partners, can require the issuance of additional notes totaling up to USD$46.25 million before the uplisting and up to USD$28.75 million after, for a total of USD$75 million [3]. - A commitment fee of 5% of the purchase price of all notes sold will be paid to the investor [3]. Group 2: Strategic Objectives - The financing is aimed at supporting Matador's long-term Bitcoin accumulation plan, with a goal of acquiring up to 1,000 BTC by 2026 [4]. - The company aims to build its Bitcoin holdings to 6,000 BTC by 2027 and to hold approximately 1% of Bitcoin's total supply, positioning itself among the top 20 corporate holders globally [5]. Group 3: Interest and Conversion Terms - The notes will bear an interest rate of 8% per annum, reducing to 5% after uplisting to NASDAQ or NYSE, with a potential increase to 18% in case of default [6]. - Special interest payments will be made based on the occurrence of specific events, with detailed calculations provided for both successful uplisting and failure scenarios [7]. - The principal and interest can be converted into common shares, with a maximum of 19,842,083 shares available for conversion under the initial closing [10]. Group 4: Security and Collateral - The notes will be secured by collateral consisting of Bitcoin, with a requirement of 150% of the principal amount for the initial closing and 100% for subsequent closings [15]. - The conversion price for the principal amount will vary based on the company's listing status, with specific pricing mechanisms outlined for both pre- and post-uplisting scenarios [11][13]. Group 5: Institutional Partnership - ATW Partners is identified as a leading U.S.-based institutional investor focused on innovative growth-stage financing, enhancing Matador's capital strategy [5]. - The partnership underscores sustained institutional interest in Matador's Bitcoin-centric strategy [4]. Group 6: Expansion Plans - Matador is also pursuing an investment in HODL Systems, aiming for a 24% ownership stake, which will strengthen its position as a leading Bitcoin treasury company [19].
Chaince Digital Holdings Inc. Completes US$6.14 Million Market-Priced Private Placement Reflecting Institutional Investor Confidence
Globenewswire· 2025-12-15 14:00
Core Viewpoint - Chaince Digital Holdings Inc. has successfully completed a private placement with an institutional investor, raising approximately US$6.14 million to support its transition into AI-driven industrial technology and advanced manufacturing initiatives [1][4]. Funding Details - The investor acquired 1,000,000 ordinary shares at a price of US$6.14 per share, reflecting the closing price on December 5, 2025, resulting in total gross proceeds of US$6.14 million before fees and expenses [2]. Use of Proceeds - The net proceeds from the offering will be utilized for general corporate and working capital purposes, specifically to support the development of an AI and semiconductor-focused gigafactory, expansion of AI/HPC infrastructure platforms, and capital markets activities through Chaince Securities, LLC [4][8]. Company Overview - Chaince Digital Holdings Inc. focuses on digital finance and technology, emphasizing tokenization, on-chain innovation, and regulated brokerage services. The company aims to connect traditional financial markets with the digital asset economy through compliant and scalable infrastructure [6].
Bitcoin Bancorp Plans Deployment of Up to 200 Licensed Bitcoin ATMs Across Texas Beginning Q1 2026
Globenewswire· 2025-12-15 12:30
Core Insights - Bitcoin Bancorp plans to deploy up to 200 licensed Bitcoin ATMs in Texas starting Q1 2026 as part of its national growth strategy [1][3] - Texas is recognized as a crypto-friendly state due to its business-friendly regulations, lack of personal income and capital gains taxes, and a pro-innovation policy environment [2] Strategic Vision and Network Expansion - The expansion into Texas is seen as a critical step for the company's growth, transitioning from planning to execution [3] - Agreements are in place that may accelerate revenue growth for Bitcoin Bancorp in the coming year [3] - The company aims to expand its licensed Bitcoin ATM network nationwide, aligning with increasing consumer utilization of Bitcoin ATMs [3] Future Developments - Bitcoin Bancorp plans to introduce additional compliant functionalities across its ATM network, including digital-asset payments and stablecoin services [4] - The integration of patented Bitcoin ATM technology with blockchain infrastructure aims to create a nationwide network of blockchain-enabled micro-bank branches [4] - The focus remains on compliant growth, infrastructure scalability, and providing decentralized financial tools in accessible settings [5] Company Overview - Bitcoin Bancorp is headquartered in Las Vegas, Nevada, and is publicly traded on the OTC Markets under the symbol (OTC: BCBC) [5] - The company specializes in blockchain technologies, software development, and Web 3.0, holding foundational patents for Bitcoin ATMs [5]