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 Viewpoint - The emergence of a regulatory year for stablecoins is driven by the geopolitical dynamics of national power, currency status, and financial sovereignty rather than mere technological innovation [3]. Regulatory Developments - The U.S. has introduced the "GENIUS Act," integrating dollar stablecoins into a digital dollar framework, while the EU has established compliance thresholds through the MiCA regulation, and Hong Kong has enacted a comprehensive regulatory framework for fiat-backed stablecoins [2][9]. - The U.S. Senate passed the "GENIUS Act" with a vote of 66 to 32, mandating that non-U.S. issuers demonstrate regulatory comparability to access the U.S. market, potentially reshaping global financial order [7][8]. Market Dynamics - In 2024, the total transaction volume of stablecoins reached $27.6 trillion, surpassing the annual transaction volumes of Visa and Mastercard, indicating a significant shift in financial transactions [10]. - The combined market capitalization of USDT and USDC exceeds $210 billion, representing 86% of the global stablecoin market [10]. Financial Implications - Stablecoins are evolving into a form of "shadow Federal Reserve," influencing U.S. Treasury yields through high-frequency circulation and liquidity [11][12]. - Research indicates that a 2% fluctuation in daily trading of USDT/USDC can lead to a 2.5 basis point change in three-month Treasury yields, suggesting a micro-quantitative easing effect [19]. Hong Kong's Role - Hong Kong is positioned as a financial hub for offshore RMB, rapidly establishing a legal framework for stablecoins, which may accelerate the internationalization of the RMB [15][20]. - The Hong Kong Monetary Authority has initiated the "Project Ensemble" to explore cross-border tokenized settlement mechanisms, enhancing efficiency and transparency in cross-border transactions [16]. Historical Context - The successful pilot of personal RMB accounts in Hong Kong in 2003 laid the groundwork for the cross-border trade settlement of RMB in 2009, providing a model for the current stablecoin initiatives [21][23]. - The upcoming stablecoin regulations in Hong Kong may serve as a "laboratory" for the future internationalization of the digital RMB, reflecting a new version of the "Hong Kong experience" [24].

Core Insights - The emergence of stablecoins, particularly USD Coin (USDC), has raised alarms among global central banks as they begin to influence the U.S. Treasury market, indicating a shift in the underlying financial order [2][7] - The regulatory landscape for stablecoins is evolving rapidly, with the U.S. introducing the GENIUS Act, the EU implementing the MiCA regulation, and Hong Kong establishing a comprehensive regulatory framework for fiat-referenced stablecoins [2][6][9] Group 1: Stablecoin Overview - Stablecoins are categorized into four types: fiat-collateralized (e.g., USDT, USDC), crypto-collateralized (e.g., DAI), algorithmic (e.g., UST), and hybrid [2] - The total transaction volume of stablecoins reached $27.6 trillion in 2024, surpassing the annual transaction volumes of Visa and Mastercard [7] Group 2: Regulatory Developments - The U.S. GENIUS Act mandates that non-U.S. issuers must demonstrate regulatory comparability to enter the U.S. market, potentially reshaping global financial order [6] - Hong Kong has become the first major financial center in Asia to legislate stablecoin regulations, establishing a legal framework for fiat-referenced stablecoins [6][9] Group 3: Market Dynamics - The combined market capitalization of USDT and USDC exceeds $210 billion, accounting for 86% of the global stablecoin market [7] - Stablecoins are increasingly seen as a "shadow Federal Reserve," influencing U.S. Treasury yields through their high-frequency circulation and anchoring to U.S. debt [7][8] Group 4: Implications for Digital Currency - The rise of stablecoins is prompting a new monetary policy transmission mechanism that could replace traditional interbank systems [8] - Hong Kong's regulatory framework for stablecoins is viewed as a potential model for the internationalization of the digital yuan, with plans for offshore RMB stablecoin initiatives [9][10][14]