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Digital Asset Technologies Inc. Welcomes Brian Rose to Advisory Board
Globenewswire· 2025-07-24 11:30
Core Insights - Digital Asset Technologies Inc. (DATT) has appointed Brian Rose to its Advisory Board, enhancing its strategic capabilities in the cryptocurrency and DeFi sectors [1][5] - Brian Rose brings a diverse background in traditional finance, media entrepreneurship, and cryptocurrency education, which will support DATT's initiatives in real-world asset tokenization and decentralized infrastructure [2][3][4] Company Overview - Digital Asset Technologies Inc. is a publicly traded investment issuer focused on equity investments in technology companies, particularly in blockchain technology through its portfolio company, LiquidLink [7] - LiquidLink aims to build secure infrastructure for the tokenized economy, developing products like Xrpfy to enhance trading intelligence and self-custody tools [8][9] Advisory Board Enhancement - The addition of Brian Rose to the advisory board is expected to provide strategic guidance on market trends and community engagement, leveraging his extensive network [4][5] - Rose's experience in simplifying complex topics and building communities is seen as a significant asset for DATT's growth and innovation [5] Stock Options Announcement - DATT has granted stock options to purchase up to 350,000 common shares at a price of $0.25 per share, exercisable for five years, with a vesting period of 12 months [6]
Digital Asset Technologies Inc. Poised for Growth Amidst Surging Digital Asset Market and Key Ecosystem Advancements
GlobeNewswire News Room· 2025-07-14 11:30
Core Insights - The digital asset market is experiencing strong bullish momentum, with Bitcoin recently reaching an all-time high of over $119,000 USD, driven by institutional ETF inflows and positive market sentiment [2] - Analysts predict an average Bitcoin price of $145,167 by the end of the year, supported by the US government's endorsement of a Bitcoin strategic reserve and progressive stablecoin legislation [2] - The approval of the first iOS game with Bitcoin Lightning Network rewards by Apple signifies a pivotal moment for Bitcoin's mainstream adoption [3] Company Developments - Digital Asset Technologies Inc.'s portfolio company, LiquidLink, is actively involved in the development of enterprise-grade Lightning Network infrastructure and tools for seamless integration of Bitcoin-native assets with the XRP Ledger [5][6] - LiquidLink's strategic focus on interoperability between the Bitcoin Lightning Network and the XRP Ledger positions the company as a leader in the evolving digital asset ecosystem [6] - LiquidLink is developing its flagship product, Xrpfy, which aims to provide self-custody discovery tools and trading intelligence for the XRPL ecosystem, potentially expanding to support multiple blockchains [8] Industry Trends - The launch of the XRPL EVM Sidechain enhances the XRP Ledger's capabilities, allowing for smart contracts and cross-chain interoperability, which could facilitate trading of assets from over 60 blockchains [4] - The integration of Lightning Network payments in mainstream gaming reflects the accelerating adoption and maturation of the digital asset space [4] - Digital Asset Technologies Inc. is well-positioned to benefit from the ongoing evolution of the digital asset markets through its proactive investments and innovative work by LiquidLink [6]
Digital Asset Technologies Appoints Alexander Kravets to Advisory Board
Globenewswire· 2025-07-02 11:30
Core Insights - Digital Asset Technologies Inc. (DATT) has appointed Alexander Kravets to its Advisory Board, enhancing its expertise in digital assets and blockchain technology [1][5]. Group 1: Company Overview - Digital Asset Technologies Inc. is a publicly traded investment issuer focused on equity investments in global technology companies [6]. - The company has entered the blockchain technology sector through its portfolio company, LiquidLink AI Corp., which focuses on real-world asset tokenization and decentralized infrastructure [6]. Group 2: Advisory Board Appointment - Alexander Kravets has a strong background in Wall Street trading, fintech innovation, and cryptocurrency market leadership, having founded the U.S. operations of CEX.IO [2]. - Under Kravets's leadership, CEX.IO grew its U.S. business by over 1,100% in three years and secured more than 30 Money Transmission Licenses [2]. - CEX.IO now serves 15 million users across 220 countries, with daily trading volumes reaching up to $600 million [3]. Group 3: Strategic Initiatives - At DATT, Kravets will assist in sourcing and structuring digital asset flows for LiquidLink's Bitcoin Lightning Network nodes and Interledger Protocol nodes [4]. - The transactions will involve Bitcoin, stablecoins, and tokenized real-world assets, structured as loans and revenue-sharing agreements [4]. - The CEO of DATT, Marcus Ingram, emphasized that Kravets's experience will be invaluable as the company expands LiquidLink's capabilities [5].
Digital Asset Technologies Portfolio Company, LiquidLink Launches Bitcoin Lightning and XRP ILP Nodes
Globenewswire· 2025-06-30 06:00
Core Insights - Digital Asset Technologies Inc. (DATT) announces that its portfolio company, LiquidLink AI Corp., has launched enterprise-grade infrastructure on the Bitcoin Lightning Network and Ripple's Interledger Protocol (ILP), positioning LiquidLink as a foundational hub in the Internet of Value [1][2] Group 1: LiquidLink's Infrastructure and Goals - LiquidLink aims to create a highly connected hub that bridges fragmented liquidity pools and enables reliable settlement between networks, focusing on being the infrastructure layer for merchants and institutions [2][3] - The company plans to support the rise of stablecoins on Bitcoin and XRP Ledger, leveraging the recent Clarity for Payment Stablecoins Act to accelerate its initiatives [3][4] Group 2: Cross-Chain Liquidity Bridge - LiquidLink's next milestone involves creating the first cross-chain liquidity bridge to connect Bitcoin-native assets with the XRP Ledger, facilitating seamless asset movement [4] Group 3: Node Operations and XRPFY Platform - LiquidLink's node business operates independently but complements XRPFY, the company's flagship platform for efficient payment routing and liquidity discovery, which will be utilized for cost-effective payment paths [5] Group 4: Company Overview - Digital Asset Technologies Inc. focuses on equity investments in global companies developing technology, with LiquidLink concentrating on secure, interoperable infrastructure for the tokenized economy [6][7]
Digital Asset Technologies Appoints Marcus Ingram as Chief Executive Officer and Director
Globenewswire· 2025-06-27 11:30
Group 1 - Digital Asset Technologies Inc. has appointed Marcus Ingram as the new CEO and Director, who will also continue as CEO of its portfolio company LiquidLink [1][2] - The appointment follows the resignation of Young Bann, who will remain as an Advisor to ensure a smooth transition [2] - Ingram aims to leverage blockchain technology to enhance payment systems and explore opportunities in Web3, DeFi, and decentralized infrastructure [3][4][5] Group 2 - Ingram believes LiquidLink has the potential to become a unicorn in a significant market and is committed to strategic investments in emerging digital economies [6] - Digital Asset Technologies focuses on equity investments in companies developing technology, particularly in blockchain and real-world asset tokenization [7] - LiquidLink is dedicated to building secure infrastructure for the tokenized economy, with its flagship product Xrpfy supporting multiple blockchains [8]
Digital Asset Technologies Portfolio Company, LiquidLink to Host Weekly X Spaces Exploring Real World Assets on the XRP Ledger, Bitcoin Lightning Network and Other Blockchain Networks
Globenewswire· 2025-06-25 11:30
Group 1 - Digital Asset Technologies Inc. announces that its portfolio company LiquidLink AI Corp. will host a weekly series of discussions on Real World Assets (RWAs) on the XRP Ledger and Bitcoin Lightning Network starting July 7, 2025 [1][2] - The series aims to create a credible space for community engagement with developers, asset issuers, legal experts, and ecosystem builders, focusing on the utility of XRP and Bitcoin networks [2][6] - LiquidLink's flagship product, Xrpfy, offers tools for self-custody, trading intelligence, and RWA launchpad capabilities, expanding to support multiple blockchains [6][5] Group 2 - Machai Capital Inc. has been engaged to provide digital marketing services, including branding, content optimization, and lead generation, for a 30-day period at a cost of $60,000 plus GST [3][4] - The services provided by Machai will be overseen by its President, Suneal Sandhu, who holds 2,500,000 shares of Digital Asset Technologies [4]