Core Insights - Vemanti Group has reached an agreement to acquire the remaining 49% equity interest in XPLOR Technology, which will bring its ownership of ONUS Pro to 100% [1] - The acquisition is expected to close in Q3 2025, enhancing Vemanti's operational control and strategic alignment ahead of its planned NASDAQ uplisting [1] - ONUS Pro has shown strong growth, with the 2025 revenue forecast raised above the previously estimated $30 million due to sustained platform activity and user expansion [2] Company Developments - Vemanti is engaging in strategic partnership discussions with xBank to explore integration opportunities that bridge traditional banking services with blockchain-powered digital assets [3] - The collaboration aims to deliver accessible financial solutions targeting small- and medium-sized enterprises (SMEs) and retail clients [3] - Vemanti is evaluating regulatory pathways under the GENIUS Act to support its USD-backed stablecoin initiative, USDV, which could enhance cross-border payment solutions [4] Strategic Vision - The CEO of Vemanti emphasized the importance of convergence in finance, stating that partnerships with xBank and alignment with the GENIUS Act will enable ONUS Pro and USDV to provide real-world utility across fiat and digital ecosystems [5] - Vemanti Group operates as a diversified technology holding company focused on emerging markets in Southeast Asia, seeking growth through strategic partnerships, joint ventures, and acquisitions [5]

Irvine, CA, July 22, 2025 (GLOBE NEWSWIRE) -- Vemanti Group, Inc. ("Vemanti" or the "Company") (OTC: VMNT) today announced that it has reached an agreement in principle to acquire the remaining 49% equity interest in XPLOR Technology Pte. Ltd. ("XPLOR"), the Singapore-based parent company of ONUS Pro (https://goonus.io), a leading cryptocurrency exchange in Southeast Asia. The parties are currently working to finalize and execute definitive agreements, with the transaction expected to close in Q3 2025. Upon ...

Core Insights - Vemanti Group, Inc. has appointed Matthew White as the new CEO of its subsidiaries XPLOR Technology Pte. Ltd. and ONUS Finance UAB, indicating a strategic move to enhance executive leadership [1][3] - The transition of Mr. Chien Tran, the co-founder and former CEO, to a strategic role emphasizes the company's focus on long-term product and technology direction while maintaining his influence on ONUS Pro's innovation [3] Company Overview - Vemanti Group is a diversified technology holding company targeting emerging markets in Southeast Asia, focusing on digital financial services and seeking growth through strategic partnerships, joint ventures, and mergers and acquisitions [4] - XPLOR Technology Pte. Ltd. is a technology-focused holding company based in Singapore, dedicated to advancing financial technology ventures and ensuring scalability, security, and user-centric innovations across its subsidiaries [5] - ONUS Finance UAB, established in April 2022, offers a crypto wallet and exchange for digital assets, with its flagship platform ONUS Pro recognized as a leading cryptocurrency trading platform in Southeast Asia, providing access to over 600 assets [6]