Latest news with #PinkSheets
Yahoo
6 days ago
- Business
- Yahoo
Why 'Expensive' Ethereum Will Dominate Institutional DeFi
With over 100 layer-2 (L2) blockchains, you're excused for thinking Ethereum is too expensive and too slow. But ask any institution preparing to settle a $500 million interest rate swap where they'll build, and the answer is Ethereum. The reason reveals everything about how institutional DeFi is likely to develop. The metrics that matter for institutional adoption are entirely different to retail. While retail users flee Ethereum's transaction fees for cheaper chains, institutions will gladly pay that premium for security when moving hundreds of millions. The premium that people are willing to pay for a safe infrastructure is not an issue. Ethereum's 'weaknesses' are actually its institutional moat. A tale of two markets Examining the numbers, the difference in perspective between retail and institutional investors makes sense. If you are buying a memecoin for $50, you don't want to pay $10 in transaction fees. But when it comes to settling a $500 million interest rate swap, shelling out $10 to ensure a secure transaction is a small price for that peace of mind. One needs to look no further than TradFi to see this perspective is not new, and the security premium to transact on Ethereum is actually the product. There's a reason why institutions pay more to trade on the NYSE than the Pink Sheets (securities on OTC exchanges), and why they continue to transact through SWIFT, despite its costs. It's all about legitimacy and a proven track record of conducting transactions in a secure and compliant manner. The same will apply to blockchains. The idea of having hundreds of millions of dollars in funds stuck on an inoperable network is the definition of a nightmare for institutions. Many institutions value the battle-tested security of chains like Ethereum rather than ones that focus on speed. If you take one thing away from this op-ed, understand that traditional finance always pays for infrastructure reliability. Preparing for regulations What investors need most is a robust, market tested base-layer blockchain that is widely accepted among financial institutions as a neutral settlement layer. Ethereum gets serious institutional engagement because the network is properly integrated with existing infrastructure. It's what it was built for. One proof point is the number of major banks building on Ethereum, who get regulatory comfort with Ethereum's decentralization, as well as from the pool of developer talent that has been, and will continue to be, concentrated within the Ethereum ecosystem. This just might be a self-reinforcing cycle of institutional adoption. A feature, not a failure We need to stop seeing Ethereum's high fees as a failure – they're a feature that naturally segments the market. Some chains are intentionally optimized for low cost, fast, micro transactions. Institutions need, and will pay for, the digital equivalent of Fort Knox for large ones, where liquidity is available. Instead of looking at metrics like daily active users or translation counts, institutions are taking a more fundamental approach. They are watching where regulated entities are building their infrastructure, and are focused on the big game of institutional settlement. So the next time someone declares Ethereum dead, ask them where they would rather settle a $500 million transaction? The answer reveals why reports of Ethereum's demise are greatly exaggerated – and why institutions betting on 'boring' Ethereum infrastructure will capture the real value in DeFi's institutional in to access your portfolio
Business Wire
20-06-2025
- Business
- Business Wire
Amen Properties Reports Results for First Quarter of 2025 and Announces Dividend
DALLAS--(BUSINESS WIRE)--Amen Properties, Inc. (Pink Sheets: AMEN) today announced financial results for its fiscal quarter ended March 31, 2025. The Company posted revenue of $728 thousand and net income of $240 thousand. These results compare to revenue of $1.3 million and net income of $702 thousand for the same quarter in 2024. The decline in revenue was driven primarily by changes in commodity prices and demand. Amen also announced that the Company's Board of Directors has approved the payment of a quarterly dividend of $10.00 per share to be paid to shareholders of record on June 30 with a payment date of July 11. Finally, Amen reiterated that its Board has approved a plan whereby the Company will no longer hedge the revenue stream associated with its oil and gas royalties. 'Shareholders of Amen need to understand that they hold an un-hedged long oil and gas position and should pursue their own hedging strategy if they are uncomfortable with that risk', said Kris Oliver, Amen's Chief Financial Officer. The Company's 2025 first quarter report is available for viewing or download from the company's web site – About Amen Properties: Amen Properties owns a portfolio of cash-producing properties including real estate and oil and gas interests. Cautionary Statement: This document contains forward-looking statements, which involve a number of risks and uncertainties that could cause our actual results to differ materially from those reflected in the forward-looking statements. Forward-looking statements can be identified by use of the words "expect," "project," "may," "might," potential," and similar terms. AMEN Properties, Inc. ("Amen", "we" or the "Company") cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Amen's control. These factors include, but are not limited to, our ability to implement our strategic initiatives, economic, political and market conditions and price fluctuations, government and industry regulation, U.S. and global competition and other factors. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
Business Wire
13-05-2025
- Business
- Business Wire
Panamera Holdings Corporation / OTCID Designation
HOUSTON--(BUSINESS WIRE)--Panamera Holdings (OTC: PHCI) is pleased to announce that effective July 1, 2025, the company will be transitioning from the basic OTC Pink Sheets to the enhanced OTC ID designation within the OTC Markets platform. This move marks a significant advancement in transparency, compliance, and market presence as Panamera continues to elevate its profile with investors and regulators. The past year has marked a period of tremendous progress for the company—operationally, strategically, and financially—as it positions itself for a future listing on a senior exchange such as NASDAQ or another national market that best serves the interests of its shareholders. 'This move reflects our ongoing commitment to transparency, credibility, and investor confidence,' said T. Benjamin Jennings, CEO and Chairman of the Board. 'While we are proud of the progress that brought us here, this is just one step in a broader plan. We are gearing up for our next major milestone—uplisting to a national exchange when the time and conditions are right.' 'The hard work and dedication reflects a team driven by purpose and grounded in persistence,' said Cristopher Proler, President and Vice Chairman of Panamera Holdings. 'Nothing about this journey has been easy, but every step has been intentional. We believe the impact of what we're building will be significant-for our team, our shareholders, and the future of this industry.' About Panamera Holdings Panamera Holdings is leveraging over 90 years of expertise in metal recycling technology, waste and financial innovation combined with revolutionary advancements that are poised to redefine clean energy. With a deep legacy in industrial innovation and a forward-looking approach to CO₂ utilization, sustainability and profitability, Panamera is building the future of resource recovery and emission transformation.
Associated Press
12-02-2025
- Business
- Associated Press
Multicorp International, Inc.
AGOURA HILLS, CALIFORNIA, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Multicorp International, Inc. (OTC Markets Pink Sheets) and 40 Brightwater LLC are pleased to announce that Muticorp International Inc. has received a $50,000,000 (fifty million USD) loan guarantee from Edwards Capital N.A. LLC's correspondent bank. 40 Brightwater LLC has arranged for the necessary collateral needed to close the loan to be transferred to Edwards Capital N.A. LLC's correspondent bank, with the loan itself anticipated to close within 30 days of the bank's receipt of the collateral. About Multicorp International, Inc.: MultiCorp International, Inc. a diversified leader in health, energy and agriculture, announces a series of strategic initiatives aimed at accelerating its growth and expanding its market presence. The company is actively pursuing joint ventures and acquisitions, is fortifying its organizational infrastructure and is preparing for significant advancements in the stock market. About Edwards Capital N.A. LLC: Edwards Capital is a private Family Office focused on comprehensive, proactive, and robust solutions in the enhancement of private wealth based on robust strategic initiatives in and approaches to specific asset classes and financial markets. The Office is dedicated to pursuing optimal bespoke solutions to achieve the best outcomes with consistent results. About 40 Brightwater LLC: 40 Brightwater LLC is a private holding company focusing specifically on acquiring private entities and merging its holdings with public companies by leveraging its financial network and resources through its Managing Member, President & CEO Shannon Newby. Disclaimer This press release does not constitute an offer to sell or solicit an offer to buy, nor will there be any sale of these securities in any jurisdiction where such an offer, solicitation, or sale would be unlawful before registration or qualification under applicable securities laws. Any offer will be made only through a prospectus supplement and accompanying base prospectus as part of an effective registration statement. Contact Information This draft press release is for informational purposes only and should not be considered investment advice or a solicitation to purchase securities. Forward-looking statements are not guarantees of future performance. These statements are based on current expectations and could differ materially from actual events.
