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NewGen Enters Into an Innovative Digital Assets Purchase Agreement with White Lion to Acquire up to 600,000 Solana Tokens Valued at Over $110 Million
Globenewswire· 2025-10-31 12:30
Core Insights - NewGenIvf Group Limited has entered a binding term sheet with White Lion Capital LLC for a Digital Assets Purchase Agreement involving 600,000 Solana (SOL) tokens [1][2] - The agreement allows NewGen the option to sell shares of common stock to White Lion over a 24-month period, compensated in Solana tokens instead of cash, aligning with the company's Solana treasury strategy [2][4] - NewGen's digital asset strategy was launched in December 2024, with an initial investment of US$1 million, and has since established a Solana treasury and engaged in real-world asset tokenization projects [4] Company Overview - NewGenIVF Group is a diversified, tech-forward entity focusing on real estate development, digital asset innovation, and reproductive health solutions [5] - The company operates through three divisions: NewGenProperty (real estate), NewGenDigital (digital assets and DeFi), and NewGenSup (health and longevity products) [5] - NewGen has accumulated 13,000 Solana tokens valued at approximately US$2.5 million as of the press release date [4]
NewGen Enters Into an Innovative Digital Assets Purchase Agreement with White Lion to Acquire up to 600,000 Solana Tokens Valued at Over $110 Million
Globenewswire· 2025-10-31 12:30
Core Insights - NewGenIvf Group Limited has entered a binding term sheet with White Lion Capital LLC for a Digital Assets Purchase Agreement involving 600,000 Solana (SOL) tokens [1][2] - The agreement allows NewGen to sell shares of common stock to White Lion over a 24-month period, receiving compensation in Solana tokens instead of cash, aligning with the company's Solana treasury strategy [2][4] - NewGen's digital asset strategy was launched in December 2024, with an initial investment of US$1 million, and has since established a Solana treasury and engaged in real-world asset tokenization projects [4] Company Overview - NewGenIvf Group is a diversified, tech-forward entity focusing on real estate development, digital asset management, and reproductive health solutions [5] - The company operates through three divisions: NewGenProperty (real estate), NewGenDigital (digital assets and DeFi), and NewGenSup (health and longevity products) [5] - NewGen has accumulated 13,000 Solana tokens valued at approximately US$2.5 million as of the press release date [4]
Lite Strategy $25M Share Repurchase
Ventureburn· 2025-10-30 04:27
Core Insights - Lite Strategy, Inc. has authorized a $25 million share repurchase program, marking a significant shift in its treasury management approach [2][3] - The company aims to enhance shareholder value by buying back shares when prices fall below market-adjusted net asset value (mNAV) and selling shares when prices exceed mNAV [5][9] Company Overview - Lite Strategy is the first U.S.-listed company to hold Litecoin as its primary reserve asset, transitioning from a focus on drug development to digital asset management [3][14] - The new buyback program aligns with the company's strategy to redefine treasury management by integrating digital assets with traditional financial practices [8][14] Share Repurchase Program Details - The $25 million repurchase authorization is effective immediately, allowing for flexibility in execution without set price targets or timelines [6][12] - The program may utilize a Rule 10b5-1 trading plan, enabling share repurchases during blackout periods, funded by existing working capital [7][12] Market Reaction and Shareholder Impact - The market responded positively to the buyback announcement, with Lite Strategy's stock price increasing by over 7.7% [12] - The repurchase program is expected to enhance shareholder value by increasing earnings per share as shares are bought back below intrinsic value [12][19] Institutional Confidence and Governance - The shift in strategy reflects growing institutional interest in active crypto management, with support from large investors like GSR [15][16] - The Board's commitment to long-term shareholder value and adherence to Nasdaq's governance standards reinforces the company's credibility [16] Future Considerations - Investors will monitor the implementation of the Rule 10b5-1 plan, the volume of shares repurchased, and the reinvestment of proceeds from ATM sales into Litecoin [18][19] - Quarterly filings will provide insights into the effectiveness of the hybrid treasury model and its impact on shareholder value [19]
Siwel Investments Capitalizes on Rising Government Rate-Cut Expectations as Cryptocurrency Sentiment Strengthens
Globenewswire· 2025-10-28 22:41
Durham, England, Oct. 28, 2025 (GLOBE NEWSWIRE) -- As markets anticipate a near-certain rate reduction by the Federal Reserve (currently estimated at 97.8 %), investor appetite for risk assets is reviving, particularly in the cryptocurrency sector. In response, digital asset manager Siwel Investments is mobilizing its technology-enabled investment strategies to capture growth opportunities while emphasising investor protection. According to recent market data, cryptocurrencies including Bitcoin (BTC) and E ...
CoinShares Launches TON ETP with Zero Management Fees and 2% Staking Yield - CoinShares International (OTC:CNSRF), Vine Hill Capital Inv (NASDAQ:VCIC)
Benzinga· 2025-10-28 11:08
Core Insights - CoinShares International Limited has launched the CoinShares Physical Staked Toncoin (CTON), providing institutional access to TON, the blockchain integrated with Telegram's 900+ million users [1][3][10] - The launch aims to meet the growing European institutional demand for diversified blockchain exposure, positioning Toncoin as a significant opportunity within the layer 1 blockchain landscape [3][5] Company Overview - CoinShares is a leading global digital asset manager with over $10 billion in assets under management, offering a range of financial services including investment management and trading [1][8] - The firm is regulated in multiple jurisdictions, including Jersey, France, and the US, and is publicly listed on Nasdaq Stockholm [8] Product Features - The CoinShares Physical Staked Toncoin ETP (CTON) offers a 0% management fee, a 2% staking yield, and direct 1:1 exposure to underlying TON tokens [9] - The product is designed for trading in USD on the SIX Swiss Exchange and is accessible across various European markets [10] Market Context - TON's integration with Telegram provides a unique value proposition, leveraging an established infrastructure and a significant user base to support real applications and payments [4][5] - The blockchain's high-performance capabilities, with over 104,000 transactions per second, enhance its appeal in the current market [4]
Virtune Implements Proof of Reserve Powered By Chainlink Across Its $450M+ Digital Asset ETPs To Elevate Institutional Transparency
Globenewswire· 2025-10-28 08:54
Core Insights - Virtune AB has integrated Chainlink's Proof of Reserve solution to enhance transparency in its crypto exchange-traded products (ETPs) [2][4] - The integration positions Virtune as a leading adopter of Chainlink's technology, aiming to implement it across all its crypto ETPs [2][6] - Virtune currently manages over $450 million in assets across 19 ETPs, with a significant investor base of more than 150,000 [3][10] Company Overview - Virtune is a Swedish-regulated digital asset manager that issues 100% physically backed crypto ETPs, having launched its first product on Nasdaq Stockholm in May 2023 [10] - The company emphasizes investor protection and has built trust through a transparent and regulated approach [10] Industry Context - The integration of Chainlink Proof of Reserve is seen as a significant advancement in financial transparency for digital asset markets, aligning with traditional transparency standards [6][7] - As capital markets digitize, the demand for continuous and verifiable transparency is reshaping risk management and disclosure standards [5]
CoinShares Launches TON ETP with Zero Management Fees and 2% Staking Yield
Globenewswire· 2025-10-28 08:35
Core Insights - CoinShares has launched the CoinShares Physical Staked Toncoin (CTON), a regulated exchange-traded product providing institutional access to TON, the blockchain integrated with Telegram's 900+ million users [1][2][3] Group 1: Product Launch and Features - The CoinShares Physical Staked Toncoin (CTON) offers exposure to TON and is designed for European investors, extending the existing market footprint of CoinShares [1][10] - The product features a 0% management fee, a 2% staking yield from network validation rewards, and is physically backed with direct 1:1 exposure to underlying TON tokens [9][10] - CTON will begin trading on the SIX Swiss Exchange, allowing transactions in USD similar to traditional securities [9][10] Group 2: Market Context and Strategic Positioning - CoinShares identifies Toncoin as a compelling opportunity within the layer 1 blockchain landscape, particularly due to its integration with Telegram, which provides a significant user base and established infrastructure [3][4] - The blockchain's high-performance capabilities, with over 104,000 transactions per second, enhance its market reach and technical performance [4][5] - CoinShares aims to bridge the gap between traditional digital services and decentralized infrastructure, aligning with its hybrid finance investment thesis [5][6] Group 3: Company Background - CoinShares is a leading global digital asset manager with over $10 billion in assets under management, providing a range of financial services to various clients [1][8] - The firm is regulated in multiple jurisdictions, including Jersey, France, and the US, and is publicly listed on Nasdaq Stockholm [8]
AlphaTON Capital CEO Brittany Kaiser to Speak at “Future of Money, Governance, and the Law” Summit on Capitol Hill, October 30, 2025
Globenewswire· 2025-10-27 12:10
Company Overview - AlphaTON Capital is a specialized digital asset treasury company focused on building and managing a strategic reserve of TON tokens and developing the Telegram ecosystem [4] - The company implements a comprehensive treasury strategy that includes direct token acquisition, validator operations, and strategic ecosystem investments to generate sustainable returns for shareholders [4] - AlphaTON Capital provides public market investors with institutional-grade exposure to the TON ecosystem and Telegram's billion-user platform while maintaining governance standards and reporting transparency of a Nasdaq listed company [4] Leadership and Vision - Brittany Kaiser, CEO of AlphaTON Capital, is recognized for her leadership in digital rights, data sovereignty, and ethical innovation in Web3 [2] - The company aims to empower individuals through data sovereignty and responsible innovation, reflecting its mission to build a trustworthy and sustainable digital economy [3][4] - Kaiser will share insights on responsible innovation, the future of digital identity, and how tokenized ecosystems can empower individuals at the Future of Money, Governance, and the Law summit [3] Strategic Initiatives - AlphaTON Capital is engaged in network validation and staking operations, development of Telegram-based applications, and strategic investments in TON-based decentralized finance protocols, gaming platforms, and business applications [4] - The company is also advancing potentially first-in-class therapies targeting known checkpoint resistance pathways to improve patient quality of life [4]
AlphaTON Capital Appoints Wes Levitt as Chief Financial Officer
Globenewswire· 2025-10-24 12:05
Core Insights - AlphaTON Capital Corp. has appointed Wes Levitt as Chief Financial Officer, effective immediately, to support its growth in the TON ecosystem and digital asset markets [1][2]. Company Overview - AlphaTON Capital is a specialized digital asset treasury company focused on building and managing a strategic reserve of TON tokens and developing the Telegram ecosystem [5][6]. - The company implements a comprehensive treasury strategy that includes direct token acquisition, validator operations, and strategic ecosystem investments to generate sustainable returns for shareholders [5]. Leadership and Strategy - Wes Levitt brings extensive experience in finance, investment management, and blockchain strategy, having previously served as Co-CIO at Alpha Sigma Capital Advisors and Head of Strategy at Theta Labs [2][3]. - In his new role, Levitt will oversee finance, accounting, and capital markets operations, while also supporting strategic initiatives to enhance AlphaTON's position within the TON ecosystem [4]. Business Activities - AlphaTON's activities include network validation, staking operations, and the development of Telegram-based applications, as well as potential investments in TON-based decentralized finance protocols and gaming platforms [6]. - The company is also involved in advancing therapies targeting checkpoint resistance pathways, contributing to drug development and strategic counsel for immunotherapy assets [7].
CleanCore Solutions Commends House of Doge’s Expanding Global Sports Team Investments, Advancing the Real-World Utility for Dogecoin
Globenewswire· 2025-10-22 12:30
Core Insights - CleanCore Solutions, Inc. has established partnerships with U.S. Triestina 1918 and HC Sierre Hockey Club, marking a strategic move to integrate Dogecoin into global sports and everyday payments [1][2] - The investments aim to connect digital assets with sports, allowing fans to use Dogecoin for tickets, concessions, and merchandise, thereby enhancing fan experiences and promoting community ownership [2][3] - The Official Dogecoin Treasury, backed by CleanCore and the Dogecoin Foundation, is designed to provide stability and transparency to the Dogecoin ecosystem, facilitating institutional participation and real-world use cases for Dogecoin [3][5] Company Overview - CleanCore Solutions, Inc. focuses on revolutionizing cleaning practices through patented aqueous ozone technology, aiming for sustainable and cost-effective solutions [4] - House of Doge, the corporate arm of the Dogecoin Foundation, is dedicated to advancing Dogecoin as a decentralized global currency, investing in infrastructure for everyday commerce and developing financial products [5]