Latest news with #Alluvial
Yahoo
07-08-2025
- Business
- Yahoo
Why more corporates are allocating ethereum to their balance sheets
An increasing number of corporations are allocating ethereum to their balance sheets, not simply as a speculative play, but as part of a broader shift toward treating ETH as a long-term, yield-generating treasury asset. From Nasdaq-listed SharpLink Gaming, which now holds over 200,000 ETH and earns rewards through staking, to crypto-native players like Status Network, ethereum is emerging as a programmable, productive reserve – an alternative to traditional FX reserves or even gold. 'Ethereum is no longer just seen as a speculative bet on magic internet money: it's becoming the internet bond,' said Cyprien Grau, project lead at Status Network. 'A programmable asset with high collateral value and built-in real yield.' This shift signals a fundamental rethinking of corporate treasury management. Where gold and cash have long served as passive stores of value, ethereum's programmable design allows it to play an active financial role. Staked ETH not only secures the network but also generates native yield and can be deployed across decentralised finance (DeFi) protocols. 'Ethereum pays you yield with relatively low risk, and you can reuse it: posting it as collateral to borrow on it or pairing it with other assets to provide liquidity and earn swap fees, all in a non-custodial way, without ever taking it off your balance sheet. That's something USD and gold can't do,' Grau said. Ethereum as a corporate finance asset Matt Leisinger, co-founder and chief product officer at Alluvial, described the trend as a rapid institutional pivot, driven by the maturation of ethereum's infrastructure and its natural fit within the evolving landscape of onchain finance. 'The surge in ETH held in corporate treasuries, from roughly $600m in April to over $3.5bn today, reflects a major institutional shift,' he said. 'Ethereum is increasingly seen not just as a speculative asset, but as a foundational commodity in onchain finance.' That rise, Leisinger noted, isn't coincidental. It's been enabled by the growing availability of enterprise-grade tools and custody solutions, allowing corporates to treat ETH not just as an investment but as a productive onchain instrument. 'This growth isn't accidental; it's the result of ethereum's maturing infrastructure and its alignment with how modern digital finance operates.' He added that multiple forces are converging at once. For one, ETH staking now offers a native, low-risk yield, a kind of onchain fixed income product, that treasuries can access through qualified custodians. 'At the same time, we're seeing significant demand from institutions that want ETH exposure but are awaiting the greenlight on ETH-staking ETFs (exchange-traded funds),' Leisinger explained. 'In that void, direct ETH holdings in treasuries have become the vehicle of choice, regulated, auditable and productive.' Ethereum as a cash management tool Treasury teams are increasingly adopting ethereum not just to hedge against inflation or currency devaluation, but as a cash management strategy. 'At Status, staking is a cash management strategy,' Grau explained. 'We are an ethereum-aligned organisation and want to maintain a strong upside exposure to ETH, but primarily we treat it as an enhanced cash position.' He notes that ethereum's ability to earn in-kind yield, remain liquid, and be reused across DeFi makes it more capital-efficient than stables or fiat. 'We hedge part of it back into stables over time to cover our runway, but leave the rest in ethereum to compound over time and stay aligned with the long-term success of the ecosystem.' Generating yield with staking and lending Companies are deploying ethereum using a mix of strategies, staking natively, leveraging liquid staking protocols like Lido and Rocket Pool, or utilising custodial services such as Kraken Pro. 'Most firms run a risk-adjusted hybrid strategy,' Grau said. 'For large ethereum stakers, running validators directly can provide a slightly higher yield... but they are submitted to the operational costs and risks.' These risks include validator downtime, which can leak yield, or slashing penalties if misconfigured. Liquid staking solutions like Lido are popular for their convenience but come at a cost: 'Both solutions have a 10% fee on yield,' Grau noted. Custodial staking, often used by less crypto-native firms, provides operational simplicity but less control and ownership – 'not your keys, not your coins', as the crypto adage goes. Beyond staking, firms are deploying ethereum into lending protocols such as Aave and Morpho, sometimes using leverage strategies to maximise returns. However, Grau warns that 'firms need to be more careful on where to deposit as they become exposed to smart contract and counterparty risks, and liquidity mismatches". Rise of ethereum as a 'programmable reserve asset' Ethereum's programmability makes it uniquely suited for use cases far beyond passive holding. 'We're seeing ethereum used less as a static asset and more as productive capital,' said Grau. 'Companies and onchain organisations are actively deploying it across DeFi to earn additional yield, deepen liquidity or automate treasury management.' These strategies include allocating ethereum to decentralised exchange (DEX) liquidity pools to earn swap fees, using it as collateral to borrow stablecoins to fund operations, and even underwriting on-chain insurance markets. Ethereum can also be "restaked" to earn additional rewards by helping secure emerging networks and applications built atop it. 'Ethereum from the treasury will be deployed into native DEX pools, used to pay for rollup infrastructure, and funnelled into a public apps funding pool, showing how ethereum can actively support both operations and ecosystem growth,' Grau explained. Evaluating ethereum's role in a tokenised future As ethereum cements its position as the backbone of tokenised assets, stablecoins and fund rails, corporate allocators are beginning to see it less as a speculative cryptocurrency and more as a gateway to the financial infrastructure of the future. 'Ethereum is the backbone of most of the tokenisation work happening today, tokenised treasuries, stablecoins,' said Grau. 'Traditional entities are now going onchain for better operational efficiency.' Layer-2 networks (L2s) are accelerating this adoption, reducing fees and improving scalability, such as Status Network. 'We foresee more ethereum L2s being launched by institutions that want to leverage ethereum settlement and interoperability with other L2s, tap into the shared liquidity, while being able to impose their own sequencing rules and requirements,' Grau added. In this evolving ecosystem, ethereum becomes not just an asset, but 'the digital oil needed to participate in the financial infrastructure that's being built onchain". Compliance, custody and risk management With increasing institutional participation, robust compliance and custody solutions are becoming essential. Corporations must first decide between custodial and non-custodial asset management. 'In the first case, multi-signature wallets are usually the best,' Grau advised. 'They remove the risk of a single point of failure from a bad actor or scam.' For those opting for custodians, Grau says regulated entities offering advanced security features like multi-party computation or dual approval systems are preferable. Tracking and reporting staking rewards and DeFi activity is also crucial. 'Tools exist to help with compliance, including rewards tracking, compliance mapping, and DeFi-specific tax reporting.' Ethereum's evolution into a productive, programmable asset is reshaping how corporations think about reserves, risk and return. As Grau summed it up: 'Ethereum isn't just an asset you hold. It's the financial infrastructure itself.'
Yahoo
18-06-2025
- Business
- Yahoo
Seahawk Announces Definitive Agreements for Proposed Change of Business with Alluvial Capital Corp. and FlexGPU Inc.
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2025) - Seahawk Ventures Inc. (CSE: SEAG.X) (OTC Pink: SEHKF) ("Seahawk"), is pleased to announce that it has entered into a binding definitive share exchange agreement dated June 17, 2025 (the "Alluvial Agreement") with Alluvial Capital Corp. ("Alluvial") and its shareholders as well as an amended and restated share exchange agreement dated June 17, 2025 (the "Flex GPU Agreement") with FlexGPU Inc. ("FlexGPU") and its holders, in respect of two arm's length transactions (collectively, the "Transactions") which will change the business of Seahawk from that of an exploration issuer to a environmental infrastructure and clean energy company (the "Resulting Issuer") constituting a "Fundamental Change" of Seahawk under the policies of the Canadian Securities Exchange (the "CSE"). Subject to satisfaction or waiver of all conditions precedent to the Transactions, Seahawk anticipates that the Transactions will be completed no later than October 31, 2025. There can be no assurance that the Transactions will be completed on the terms proposed above or at all. Trading in the common shares of Seahawk is currently halted in accordance with the policies of the CSE and will remain halted until such time as all required documentation in connection with the Transactions has been filed with and accepted by the CSE and permission to resume trading has been obtained from the CSE. Summary of the Transactions Pursuant to the Alluvial Agreement, as previously announced on March 11, 2025, Seahawk will issue an aggregate of 4,601,710 common shares in the capital of Seahawk ("Seahawk Shares"), representing one Seahawk Share for each common share in the capital of Alluvial held, each at a deemed value of $0.32 per Seahawk Share (revised from 4,329,224 shares previously announced). Pursuant to the Flex GPU Agreement, which supersedes and replaces the share purchase agreement dated February 14, 2025 (see February 14, 2025 press release), Seahawk will issue 4,450,000 Seahawk Shares to the shareholders of Flex GPU to be issued in proportion to their respective holdings, each at a deemed value of $0.32 per Seahawk Share. As the Transactions constitute a 'Fundamental Change' of Seahawk, approval from Seahawk's shareholders will be sought at a shareholder's meeting to be held for that purpose on a future date to be determined. Upon completion of the Transactions, both Alluvial and Flex GPU will become wholly-owned subsidiaries of the Resulting Issuer. No advances to be made by Seahawk are contemplated and no finder's fees are payable in connection with the Transactions. Seahawk anticipates it will change its name in connection with the Transactions to a name to be determined by the parties. Other than nominees to the board and management of the Resulting Issuer selected by Alluvial, no new insiders are expected to be created as a result of the Transactions. The Alluvial Agreement and the FlexGPU Agreement, respectively provides that the Transactions are subject to the satisfaction of various conditions as are standard for a transaction of this nature, including but not limited to (i) completion of due diligence investigations, (i) approval from the CSE for the Transactions and the listing of all applicable securities in connection with the Transactions; (iii) receipt of all requisite corporate, and shareholder consents and approvals; and (iv) the completion of the previously announced Concurrent Financing, as described below. Concurrent Financing As previously announced on March 11, 2025, prior to or concurrently with the closing of the Transactions, Seahawk intends to complete a private placement of units (the "Concurrent Financing") to raise up to $10,000,000 in aggregate gross proceeds through the issuance of up to 31,250,000 units (each a "Unit") at a price of $0.32 per Unit (as increased from $0.30). Each Unit will consist of one Seahawk Share and one share purchase warrant entitling the holder to acquire a further Seahawk Share at a price of $0.75 for a period of two years. Finder's fees may be paid in connection with the Concurrent Financing, in accordance with the policies of the CSE. This news release does not constitute an offer to sell and is not a solicitation of an offer to buy any securities in the United States. The securities of Seahawk and SPX have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws unless pursuant to an exemption from such registration. Proposed Directors and Officers of the Resulting Issuer It is currently anticipated that all of the current directors of Seahawk, other than Giovanni Gasbarro, Bruno Gasbarro and Salvatore Giantomaso, will resign in connection with the closing of the Transaction. Alluvial has the right to select two additional nominees to the board of the Resulting Issuer, which persons will be determined and outlined in a further release. It is expected that Bruno Gasbarro will remain as the Chief Financial Officer of the Resulting Issuer. Additional changes to the Resulting Issuer's management, including a new President and Chief Executive Officer will be announced in a subsequent release. Information Concerning Alluvial and Flex GPU Alluvial and FlexGPU are both private entities incorporated pursuant to the laws of Alberta. Alluvial has been granted the sole and exclusive rights in North America to utilize a commercially validated thermal desorption technology that has been successfully deployed and refined over more than three decades. These systems process a variety of complex waste streams—including contaminated soils, industrial sludges, plastics, and tires—into carbon black, biofuels, electricity, and heat. In doing so, they enable sustainable land reclamation, waste diversion, and decentralized energy production. FlexGPU has developed and unique configuration of 10 Megawatt POD's utilizing the most up to date CPU's available for maximum computing speed and utilization. The POD system developed by Flex GPU allows ease in increasing computing power to each POD by just attaching another 10 megawatt POD to the existing layout. FlexGPU complements Alluvial's capabilities by enabling off-grid, high-density computing infrastructure designed for AI and advanced data workloads. Flex GPU's modular platform is engineered for deployment in power-constrained or remote environments, where access to traditional grid infrastructure is limited or unavailable. By integrating clean energy generated through Alluvial's waste conversion technologies, Flex GPU systems allow for sustainable, decentralized AI operations—ideal for edge computing, microdata centers, and mission-critical AI deployments requiring stability, scalability, and low environmental impact. Further information Seahawk will issue further releases providing further details in respect of the proposed Transactions in accordance with the policies of the CSE. A copy of the Alluvial Agreement and the Flex GPU Agreement will be filed on SEDAR+ with this release. Additional details, including further information, including financial information, on the businesses of Alluvial, Flex GPU and the Resulting Issuer, will follow in the information circular to be completed for the approval of the Transactions as well as the Resulting Issuer's listing statement, each to be prepared in accordance with applicable securities legislation and the listing requirements of the CSE. Investors are cautioned that, except as disclosed in such disclosure documents, any information released or received with respect to the Transactions may not be accurate or complete and should not be relied upon. Forward-Looking Statements This press release contains statements which constitute "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of Seahawk with respect to future business activities and operating performance, as well as future operations of Alluvial and Flex GPU. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions and includes information regarding: expectations regarding whether the Transactions will be consummated on the terms as currently contemplated or at all; whether the Concurrent Financing will be completed on the terms contemplated or at all; whether the Transactions and the insiders of the Resulting Issuer will be acceptable to the CSE; whether the conditions precedent to the Transactions will be completed, including whether conditions to the consummation of the conditions precedent to the Transaction will be satisfied, or the timing for completing the Transactions and the conditions precedent to the Transaction; and whether Alluvial and Flex GPU will complete its currently anticipated operations as described in this press release. Investors are cautioned that forward-looking information is not based on historical facts but instead reflect Seahawk's management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although Seahawk believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the combined company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: the ability to consummate the Transactions and/or the conditions precedent to the Transactions; the ability to obtain requisite regulatory and other approvals and the satisfaction of other conditions to the consummation of the Transactions and/or the conditions precedent to the Transactions on the proposed terms and schedule; the potential impact of the announcement or consummation of the Transactions and/or the conditions precedent to the Transactions on relationships, including with regulatory bodies, employees, suppliers, customers and competitors; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation; the ability of the parties to raise sufficient capital to complete the Concurrent Financing; and the diversion of management time on the Transactions and/or the conditions precedent to the Transactions. This forward-looking information may be affected by risks and uncertainties in the business of Seahawk, Alluvial and FlexGPU and market conditions. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Seahawk has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. Seahawk does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law. On behalf of the Board of Directors Giovanni GasbarroCEO and Director Telephone: (604) 939-1848 About Seahawk Gold Corp. Seahawk Gold Corp. is a publicly traded Canadian resource exploration company trading in Canada (CSE: SEAG.X), the U.S. (OTC Pink: SEHKF). Seahawk is the 100% owner four properties along the Urban-Barry Greenstone Belt in the Abitibi sub province of mining friendly Quebec, Canada. Cautionary Statements All information contained in this news release relating to Alluvial and Flex GPU was provided by Alluvial and Flex GPU, respectively to Seahawk for inclusion herein. Seahawk has not independently verified such information and shall bear no liability for any misrepresentation contained therein. Completion of the Transaction is subject to a number of conditions, including but not limited to, CSE acceptance and if applicable pursuant to CSE requirements, majority of the minority shareholder approval. Where applicable, the Transactions cannot close until the required shareholder approval is obtained. There can be no assurance that the Transactions will be completed as proposed or at all. Investors are cautioned that, except as disclosed in the management information circular and listing statement to be prepared in connection with the Transactions, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of the Company should be considered highly speculative. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. Not for distribution to United States newswire services or for dissemination in the United States To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-06-2025
- Business
- Yahoo
Asia Morning Briefing: BTC Slips Below $110K as 'Signs of Fatigue' Emerging
Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas. Bitcoin is trading below $110,000, changing hands at $109.7K, as Asia continues its trading week. The move challenges a prevailing market narrative of summer stagnation, coming on the heels of a note from QCP Capital that emphasized suppressed volatility and a lack of immediate catalysts. A recent Telegram note from QCP pointed to one-year lows in implied volatility and a pattern of subdued price action, noting that BTC had been 'stuck in a tight range' as summer approaches. A clean break below $100K or above $110K, they wrote, would be needed to 'reawaken broader market interest.' Even so, QCP warned that recent macro developments had failed to spark directional conviction. 'Even as US equities rallied and gold sold off in the wake of Friday's stronger-than-expected jobs report, BTC remained conspicuously unmoved, caught in the cross-currents without a clear macro anchor,' the note said. 'Without a compelling narrative to spark the next leg higher, signs of fatigue are emerging. Perpetual open interest is softening, and spot BTC ETF inflows have started to taper.' That context makes the current move all the more surprising. Over the weekend, Bitcoin surged 3.26% from $105,393 to $108,801, with hourly volume spiking to 2.5x the 24-hour average, according to CoinDesk Research's technical analysis model. BTC broke decisively above $106,500, establishing new support at $107,600, and continued upward into Monday's session, reaching $110,169. The breakout coincides with a tense macro backdrop: US-China trade talks in London and a $22 billion U.S. Treasury bond auction later this week have injected uncertainty into global markets. While these events could drive fresh volatility, QCP cautioned that recent headlines have mostly led to 'knee-jerk reactions' that quickly fade. The question now is whether BTC's move above $110K has true staying power, or whether the rally is running ahead of the fundamentals. Ethereum's critics have long highlighted centralization risks, but that narrative is fading as institutional adoption accelerates, infrastructure matures, and recent protocol upgrades directly address past limitations. 'Market participants will pay for decentralization because it's in their economic interest from a security and principal protection standpoint,' Mara Schmiedt, CEO of institutional Ethereum staking platform Alluvial, told CoinDesk. 'If you look at [decentralization metrics] all of these things have massively improved over the last couple of years." There's currently $492 million worth of ETH staked by Liquid Collective – a protocol co-founded by Alluvial to facilitate institutional staking While this figure may appear modest compared to Ethereum's total staked volume of around $93 billion, what's interesting is that it originates predominantly from institutional investors. "We're really on the cusp of a truly massive shift for Ethereum, driven by regulatory momentum and the ability to unlock the advantages of secure staking," she noted. Central to Ethereum's institutional readiness is the recent Pectra upgrade, a significant development Schmiedt describes as both "massive" and "underappreciated." "I think Pectra has been a massive upgrade. I actually think it's been underappreciated, just in terms of the tremendous amount of change it introduces into the staking mechanics," Schmiedt said. Additionally, Execution Layer triggerable withdrawals—a key component of Pectra—provide institutional participants, including ETF issuers, a crucial compatibility upgrade. This feature enables partial validator exits directly from Ethereum's execution layer, aligning with institutional operational requirements such as T+1 redemption timelines. "EL triggerable withdrawals create a much more effective path to exit for large-scale market participants," Schmiedt added. Ultimately, Schmiedt said, "I think we'll see that a lot more [ETH] in institutional portfolios going forward.' Trump Media (DJT) may be one of the cheapest ways to get bitcoin exposure in public markets, according to a new report from NYDIG, CoinDesk recently reported. As a growing number of companies adopt MicroStrategy's strategy of stacking BTC on their balance sheets, analysts are rethinking how to value these so-called bitcoin treasury firms. While the commonly used modified net asset value (mNAV) metric suggests that investors are paying a premium for BTC exposure, NYDIG's Greg Cipolaro argues mNAV alone is 'woefully deficient.' Instead, he points to the equity premium to NAV, which factors in debt, cash, and enterprise value, as a more accurate gauge. By that measure, Trump Media and Semler Scientific (SMLR) rank as the most undervalued of eight companies analyzed, trading at equity premiums of -16% and -10% respectively, despite both showing mNAVs above 1.1. In other words, their shares are worth less than the value of the bitcoin they hold. That's in stark contrast to MicroStrategy (MSTR), which rose nearly 5% Monday as bitcoin crossed $110,000, while DJT and SMLR remained mostly flat—making them potentially overlooked vehicles for BTC exposure. Two major ETF issuers, Bitwise and ProShares, filed proposals on June 6 to launch exchange-traded funds tied to Circle (CRCL), whose stock has nearly quadrupled since its IPO late last week, CoinDesk previously reported. ProShares is aiming for a leveraged product that delivers 2x the daily performance of CRCL. At the same time, Bitwise plans a covered call fund that generates income by selling options against held shares, two very different ways to capitalize on the stock's explosive rise. CRCL surged another 9% Monday in volatile trading, continuing to draw interest from both traditional finance and crypto investors. The proposed ETFs have an effective date of August 20, pending SEC approval. If approved, they would further blur the lines between crypto and conventional finance, giving investors new tools to play one of the hottest post-IPO names of the year. BTC: Bitcoin is trading at $109,795 after a 3.26% breakout fueled by institutional buying, elevated volume, and macro uncertainty from US-China trade talks and an upcoming $22B Treasury auction. ETH: Ethereum rebounded 4.46% from a low of $2,480 to close at $2,581, with strong buying volume confirming support at $2,580 and setting up a potential breakout above $2,590. Gold: Gold is trading at $3,314.45, edging up 0.08% as investors watch US-China trade talks in London and a subdued dollar keeps prices attractive. Nikkei 225: Asia-Pacific markets rose Tuesday, with Japan's Nikkei 225 up 0.51%, as investors awaited updates from ongoing U.S.-China trade talks. S&P 500: The S&P 500 closed slightly higher Monday, boosted by Amazon and Alphabet, as investors monitored U.S.-China trade talks. Plasma's XPL Token Sale Attracts $500M as Investors Chase Stablecoin Plays (CoinDesk) Coinbase says it's reduced account lockouts by 82% (Blockworks) Argentine President Milei Exonerated in Libra Meme Coin Probe (Decrypt) Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
27-02-2025
- Business
- Yahoo
3iQ Teams with Alluvial to Expand Staking Services in Ether Funds
The collaboration highlights 3iQ's and Alluvial's industry leadership in Staked Ether ETPs, and Canada's place as an innovation hub for digital asset investment management. TORONTO, Feb. 27, 2025 /CNW/ -- 3iQ Corp. ("3iQ"), a global pioneer in digital asset investment solutions, today announced it has collaborated with Alluvial, the software development company that specializes in enterprise-grade staking products and services. Alluvial Stake Management System (SMS) will support The Ether Fund (TSX: QETH) and the 3iQ Ether Staking ETF (TSX: ETHQ), which in October 2023 became the first exchange-traded products (ETPs) in North America to incorporate staking Ether into their investment strategies. This collaboration positions 3iQ to increase staking in QETH and ETHQ respectively, seeking to provide greater total returns and to enhance its competitive advantage relative to industry peers. 3iQ's staked Ether funds represent a notable bridge between digital asset yield opportunities and regulated investment products, enabling greater returns for their investors by earning rewards in the form of ETH, which are reflected in the net asset value (NAV) of the funds. The alignment with Alluvial is a strong competitive signal in the early adoption of ETH staking in regulated investment vehicles globally. "At 3iQ, we are committed to continuously improving our staking infrastructure to maximize rewards and deliver higher returns for our investors," said Pascal St-Jean, CEO of 3iQ. "This exciting innovation not only enhances staking yields but also reinforces our leadership in launching innovative digital asset fund products, such as our staking ETFs. We are delighted to further enhance these products through our new collaboration with Alluvial." Alluvial SMS will enable 3iQ to enhance staking operations within its digital asset products by collaborating with top-tier staking providers worldwide and diversifying validator operators, thereby significantly strengthening security. Alluvial's support for 3iQ's Ether Fund (TSX: QETH) and 3iQ Ether Staking ETF (TSX: ETHQ) marks its first integration with an ETH ETF issuer. Meanwhile, Alluvial's enterprise APIs and development services for Liquid Collective—an open, interoperable staking network—are already trusted by industry leaders including Coinbase, Anchorage, Bitcoin Suisse and others, supporting over $298M in staking. Alluvial CEO Mara Schmiedt said: "Alluvial is proud to power staking for 3iQ's ETH ETF through our Stake Management System. Our mission is to advance secure, scalable staking for leading institutions, and enabling 3iQ to increase its staking participation represents a major step toward mainstream adoption of ETH staking in regulated investment vehicles globally. As regulators in the US examine staking in ETFs, this collaboration highlights Canada's leadership in digital asset innovation, setting a benchmark for how investors globally can access digital assets' native returns." 3iQ's decision to build on Alluvial SMS will help support the broader Ethereum ecosystem's decentralization by staking through multiple validator operators. This approach contributes to the long-term health and stability of the Ethereum network. This partnership reinforces 3iQ's position as a pioneer and innovator in digital asset investment management. For more information, please visit About 3iQFounded in 2012, 3iQ is one of the world's leading alternative digital asset managers, pioneering institutional-grade investments. 3iQ launched the world's first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution, offering innovative risk managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch a Bitcoin ETP listed on a major global stock exchange, the 3iQ Bitcoin ETF (TSX: BTCQ) (TSX: BTCQ.U) and offers other regulated ETPs. In 2024, Monex Group, a leading Japanese financial group, took a majority stake in 3iQ. Since 2012, 3iQ has been at the forefront of innovation in digital asset investment management. W: Media Contact – EuropeAngus CampbellNominis Advisoryangus@ Media Contact – North AmericaRyan GrahamJConnelly+1 862-777-4274rgraham@ Julie MercuroJConnelly+1 973-349-6471jmercuro@ About AlluvialAlluvial is a software development company offering a suite of enterprise-grade staking products and services. We're focused on enabling mainstream adoption and participation in proof of stake blockchains. W: Media ContactMartyna Borys-LiszkaSerotoninmartyna@ Disclaimer Please read the prospectus before investing. Important information about the ETF is contained in the prospectus. Copies of the prospectus may be obtained from 3iQ Corp. or at This press release is for information purposes only and does not constitute an offer to sell or a solicitation to buy securities. The 3iQ Ether Staking ETF is an exchange traded fund. Commissions, trailing commissions, management fees and expenses all may be associated with ETF investments. Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated. The Ether Fund is a closed-end investment fund. You will usually pay brokerage fees to your dealer if you purchase or sell units of The Ether Fund on the Toronto Stock Exchange (the "TSX"). If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the investment fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in these documents. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL. This announcement should not be distributed, forwarded, transmitted or otherwise disseminated in or into the United States, including to US news wire services. This announcement does not constitute an offer to sell or issue or the solicitation of an offer to buy or subscribe for securities in the United States or any other jurisdiction. Securities of the funds have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), or under the applicable securities laws of any state or other jurisdiction of the United States, and may not be offered, sold, resold, transferred or delivered, directly or indirectly within, into or in the United States, absent registration or an applicable exemption from, or except in a transaction not subject to, the registration requirements of the Securities Act and in compliance with the securities laws of any relevant state or other jurisdiction of the United States. Neither this announcement, nor the fact that it has been disseminated, shall form the basis of, or be relied upon in connection with, any future information that we distribute. SOURCE 3iQ View original content to download multimedia: Sign in to access your portfolio
