Core Insights - Antalpha has partnered with Malca-Amit to create a seamless exchange service for Tether Gold (XAU₮) and physical gold in Hong Kong, highlighting gold's role as a stable asset amid global economic volatility [1][9] - The market capitalization of XAU₮ has increased significantly from approximately $800 million to $2.2 billion in five months, indicating a shift towards digital gold ownership [2] - Antalpha aims to enhance the security of XAU₮ through collaboration with Malca-Amit, leveraging LBMA standards and establishing a gold reserve mechanism for better risk management [3][4] Security and Infrastructure - Malca-Amit, as a full LBMA member, holds ISO certifications for quality and information security, ensuring high standards for the custody of physical assets [4] - Antalpha is developing a "physical-digital" ecosystem by deploying vault nodes in major financial centers, linking custodians and trading platforms to facilitate asset exchange [7] - The partnership aims to reduce the settlement cycle for gold exchanges to T+1 business days, improving efficiency for clients [8] Market Strategy - Antalpha's strategy focuses on creating a resilient infrastructure for gold trading, positioning XAU₮ as a key asset similar to Bitcoin, due to its historical value retention [5] - The company is enhancing the XAU₮ ecosystem by improving market-making networks and providing innovative lending solutions to increase liquidity [6] - Starting December 12, Antalpha will offer bulk exchange services for institutional clients, allowing for physical delivery of gold in Hong Kong [9][10]

HashKey Holdings Limited （於開曼群島註冊成立的有限公司） 股份代號 : 3887 全球發售 聯席保薦人、整體協調人、聯席全球協調人、聯席賬簿管理人及聯席牽頭經辦人 重要提示 重要提示：閣下如對本招股章程的任何內容有任何疑問，應尋求獨立專業意見。 HashKey Holdings Limited （於開曼群島註冊成立的有限公司） 全球發售 | 全球發售項下的發售股份數目 | ： | 240,570,000股發售股份（視乎發售量調 | | --- | --- | --- | | | | 整權及超額配股權行使與否而定） | | 香港發售股份數目 | ： | 24,057,200股發售股份（可予重新分配及 | | | | 視乎發售量調整權行使與否而定） | | 國際發售股份數目 | ： | 216,512,800股發售股份（可予重新分配 | | | | 及視乎發售量調整權及超額配股權行 | | | | 使與否而定） | | 最高發售價 | ： | 每股發售股份6.95港元，另加1%經 | | | | 紀佣金、0.0027%證監會交易徵費、 | | | | 0.00565%聯交所交易費及0.0 ...

Use of Websites to Distribute Material Company Information We use the Bullish Investor Relations website (investors.bullish.com) and our X account (x.com/bullish) to publicize information relevant to investors, including information that may be deemed material, in addition to filings we make with the U.S. Securities and Exchange Commission (SEC) and press releases. We encourage investors to regularly review the information posted on our website and X account in addition to our SEC filings and press releases ...

CAYMAN ISLANDS--(BUSINESS WIRE)--Bullish, an institutionally focused global digital asset platform that provides market infrastructure and information services, is pleased to announce the appointment of Jay Yarow as President, CoinDesk Insights. Effective immediately, Jay will lead CoinDesk Insights – the digital asset media and events provider and operator of Coindesk.com. He brings nearly two decades of experience across both editorial and digital media services, distinguished by key leadersh. ...

HashKey Holdings Limited Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission take no responsibility for the contents of this Post Hearing Information Pack, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Post Hearing Information Pack. Post Hearing Information Pack of (the "Compan ...

Core Insights - AG META has launched an updated version of its real-world asset tokenization infrastructure, enhancing its operational framework to meet the growing demand for digital asset systems [1][3] - The updates include improved identity verification, compliance automation, and multi-category asset onboarding capabilities, facilitating broader operational adoption of tokenization among partners [3][5] Company Developments - The latest infrastructure update features enhanced identity verification processes and expanded compliance automation, now available to issuers and institutional users [3][4] - AG META's platform aims to convert real-world assets into digital representations, addressing challenges in traditional asset management such as high participation thresholds and limited liquidity [6][10] Industry Trends - The demand for secure, transparent, and compliant management of traditional assets on-chain is increasing due to the rapid growth of digital finance [4][5] - Regulatory clarity and acceptance of digital asset frameworks have led to a rise in tokenization activities across various asset categories, including real estate and corporate debt [5][9] Platform Features - AG META's platform supports multi-category asset registration, fractional ownership, and includes a global node network to enhance processing speed [7][8] - The platform incorporates compliance workflows aligned with KYC and AML requirements, along with multilayered security controls and encrypted data handling [8][10] Future Plans - The company plans to expand collaborations with asset issuers, financial institutions, and technical service providers as interest in real-world asset tokenization grows [9]

Core Insights - Trust Stamp has developed a patent-protected framework for embedding links to a biometrically validated cryptographic chain of provenance into stablecoins, addressing concerns about their use in money laundering and terrorist financing [1][2][3] Industry Overview - The Financial Action Task Force (FATF) has identified stablecoins as a prevalent virtual asset among illicit actors, including cybercriminals and drug traffickers, highlighting the risks associated with their mass adoption and uneven global regulatory standards [2][3] - The GENIUS Act of 2025 classifies permitted payment stablecoin issuers as "financial institutions," mandating compliance with anti-money laundering (AML) and counter-terrorist financing (CFT) regulations [3] Company Developments - Trust Stamp's USPTO Patent 11,681,787 focuses on ownership validation for cryptographic asset contracts, linking stablecoin units to tokenized identity representations while preserving user privacy [4] - The company offers technologies such as embedded ownership validation and biometrically authenticated wallets, positioning itself to meet emerging regulatory expectations and provide solutions for stablecoin issuers and custodians [5] - Trust Stamp's technology enables banks and payment providers to comply with FATF standards while streamlining cross-border due diligence and evidencing beneficial ownership without disclosing raw KYC data [5]

Financial Highlights - Total revenue & reserve income reached $740 million, a 66% year-over-year increase[11] - Adjusted EBITDA was $166 million, up 78% year-over-year[11] - Adjusted EBITDA margin was 57%, a 737 bps increase year-over-year[11] Stablecoin Network Growth - USDC onchain volume reached $96 trillion, a 68x year-over-year increase[11] - Stablecoins in circulation grew 59% year-over-year[16] - USDC onchain transaction volume increased 74x year-over-year[22] - CCTP volume increased 74x year-over-year[22] - Meaningful wallets increased 77% year-over-year[22] Guidance Update for FY 2025 - Other revenue is expected to be between $90 million and $100 million[52] - Revenue less Distribution Costs (RLDC) Margin is expected to be approximately 38%[52] - Adjusted operating expenses are projected to be between $495 million and $510 million[52]

Exodus Movement, Inc. Forward looking statements This presentation contains "forward-looking statements" as that term is defined by the federal securities laws. All forward-looking statements are based upon our current expectations and various assumptions and apply only as of the date made. Our expectations, beliefs, and projections are expressed in good faith, and we believe there is a reasonable basis for them. However, there can be no assurance that our expectations, beliefs, and projections will be achi ...

Core Insights - Bakkt Holdings, Inc. reported a GAAP revenue of $402.2 million for Q3 2025, reflecting a 27% increase year-over-year, driven by higher crypto market activity [1][9] - The company experienced a GAAP net loss of $23.2 million, primarily due to a non-cash loss from the change in fair value of the 2024 registered direct offering warrant liability [1][9] - Adjusted EBITDA reached $28.7 million, marking a significant increase of 241% year-over-year, indicating improved operational performance [1][15] Financial Performance - GAAP revenue for Q3 2025 was $402.2 million compared to $316.3 million in Q3 2024, representing a 27.1% increase [2] - Total operating expenses rose to $427.5 million, up 25.2% year-over-year, mainly due to increased crypto costs and execution, clearing, and brokerage fees [2][9] - Adjusted net income from continuing operations was reported at $15.7 million, a substantial improvement from a loss of $3.8 million in the previous year [2][15] Operational Updates - Bakkt completed the sale of its Loyalty business on October 1, 2025, marking a strategic exit from non-core operations [3][12] - The company has streamlined its operations into three main segments: Bakkt Markets, Bakkt Agent, and Bakkt Global, focusing on regulated trading, programmable finance, and international expansion [3][6] - Bakkt ended the quarter with $64.4 million in cash and cash equivalents, maintaining a long-term debt-free balance sheet [1][3] Governance and Leadership - Richard Galvin was appointed to the Board of Directors, bringing extensive experience in global equity, derivatives, and technology investment banking [3][4] - The company has simplified its capital structure by collapsing its legacy Up-C structure, unifying all shareholders under a single class of stock [3][6] - Additional board appointments include Mike Alfred and Lyn Alden, enhancing the board's expertise in digital assets and macroeconomics [8]