Latest news with #yieldgeneration
Yahoo
7 days ago
- Business
- Yahoo
This Hot SPAC Stock Is Joining the Ethereum Treasury Battle. Should You Buy Shares Now?
Dynamix Corporation (DYNX) surged nearly 17% on Monday, July 21 after announcing its merger with The Ether Machine, expected to close by the fourth quarter of 2025. The deal aims to create the largest public vehicle for institutional Ethereum (ETHUSD) exposure, trading under the ticker ETHM. The Ether Machine is led by co-founder Andrew Keys with a $645 million anchor investment. It plans to focus on yield generation through 'staking' rather than just holding Ethereum. This approach enables the company to earn dividends by contributing to Ethereum network operations, a feature that current spot Ethereum ETFs do not offer. More News from Barchart Nvidia Stock Warning: This NVDA Challenger Just Scored a Major Customer Warren Buffett Has $347.7 Billion in Cash Because Growing an 'Empire' Just to Grow Makes 'the Citizenry Poorer' Dear Microsoft Stock Fans, Mark Your Calendars for July 30 Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! 'Ether produces yield if it's properly managed,' Keys explained, emphasizing Ethereum's advantages over Bitcoin (BTCUSD) in tokenizing various assets and enabling faster transaction processing. The company joins an emerging cohort seeking to become 'the MicroStrategy of Ethereum,' including Bitmine Immersion Technologies (BMNR) and SharpLink Gaming (SBET). With backing from major crypto investors like Pantera Capital, Electric Capital, and 10T Holdings, The Ether Machine enters a hot market in which Ethereum has doubled in value over the past three months and ETFs have recently posted record weekly inflows of $2.18 billion. The Ether Machine Announces $1.6 Billion SPAC Merger The Ether Machine is led by blockchain veterans with deep Ethereum expertise. Co-Founder and Chairman Andrew Keys previously helped create the first Ethereum blockchain as a service with Microsoft (MSFT) and co-founded the Enterprise Ethereum Alliance. CEO David Merin led over $700 million in fundraising at Consensys, while CTO Tim Lowe pioneered institutional staking platforms. The team also includes DeFi expert Darius Przydzial and PayPal (PYPL) board member Jonathan Christodoro as vice chairman. The Ether Machine intends to operate as an Ethereum generation company with three core objectives: generating alpha through staking, restaking, and DeFi protocols; catalyzing the Ethereum ecosystem through partnerships and research; and building infrastructure solutions for institutions and Ethereum projects. Key highlights of the SPAC deal include: Andrew Keys' $645 million anchor investment (169,984 ETH) Over $800 million in institutional backing Expected gross proceeds exceeding $1.6 billion Launch with over 400,000 ETH on the balance sheet Unlike existing Ethereum ETFs that simply hold spot Ethereum, The Ether Machine focuses on yield generation through staking and DeFi strategies. 'We have assembled a team of 'Ethereum Avengers' to actively manage and unlock yields to levels we believe will be market-leading for investors,' Keys said. The timing capitalizes on regulatory clarity and growing institutional appetite for blockchain technology, with the company expected to set new standards for digital asset excellence. Investors should note that as with other SPAC stocks, analysts do not provide ratings or price targets on Dynamix. On the date of publication, Aditya Raghunath did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Associated Press
18-06-2025
- Business
- Associated Press
Fineqia Appoints Psalion Group as Investment Advisor to Expand Crypto ETP Business
LONDON, UK / ACCESS Newswire / June 18, 2025 / Fineqia International Inc. ('Fineqia') (CSE:FNQ)(OTC:FNQQF)(Frankfurt:FNQA), a digital asset and investment business, announces the appointment of Psalion Operations Limited, a digital asset management firm, as an investment advisor to its Liechtenstein-based subsidiary, Fineqia AG. The appointment reinforces Fineqia's commitment to developing structured, yield-oriented crypto Exchange-Traded Products (ETPs) for investors across Europe. Psalion Operations Limited is a unit of the Psalion Group, a specialist blockchain investment firm developing and managing institutional-grade activities across the digital asset spectrum. Its capabilities span yield generation, asset structuring, and risk-managed exposure to decentralised finance protocols, as well as the operating of venture capital funds. With a focus on innovation and compliance, Psalion combines deep technical insight with disciplined investment processes to deliver robust, blockchain-native solutions for sophisticated investors. 'Psalion's proven ability to engineer sophisticated, yield-bearing crypto activities makes them an ideal partner for our next phase of growth,' said Bundeep Singh Rangar, chief executive officer of Fineqia. 'Their appointment strengthens our mission to provide compliant, forward-looking digital asset products that speak to the needs of today's investors.' 'We are truly excited to work with Fineqia on various ETPs, in particular a potential Bitcoin ETP. In a truly complementary partnership, Fineqia brings its expertise in institutional-grade investment products, and Psalion brings its expertise in creating yield products,' added Tim Enneking, managing partner of the Psalion Group. The partnership is designed to accelerate the evolution of Fineqia's ETP offering, delivering products that bridge traditional financial structures with blockchain-driven innovation. By bringing Psalion's strategic insight and track record into the fold, Fineqia continues to bring regulated digital asset investment products in Europe. Fineqia launched its inaugural crypto Exchange-Traded Note (ETN), the Fineqia FTSE Cardano Enhanced Yield ETN (Ticker: YADA; ISIN: LI1408648106), earlier this year. The partnership with Psalion marks a significant step in scaling its product roadmap, with a focus on high-performance ETPs that combine digital asset exposure with regulated DeFi-based yield activities. The partnership agreement between The Psalion Group and Fineqia AG was signed on 16 April 2025. The terms of this agreement are confidential. For more information about Fineqia and its products, please visit About Fineqia International Inc. Publicly listed in Canada (CSE: FNQ) with quoted symbols on Nasdaq (OTC: FNQQF) and the Frankfurt Stock Exchange (Frankfurt: FNQA), Fineqia provides investors with institutional grade exposure to opportunities from blockchain based Decentralized Finance (DeFi). Its European subsidiary is an issuer of crypto asset backed Exchange Traded Products (ETPs) such as the Fineqia FTSE Cardano Enhanced Yield ETN (Ticker: YADA; ISIN: LI1408648106). Fineqia has investments in businesses tokenizing Real-World Assets (RWAs), dApps, DeFi and blockchain protocols. More info at and @ London Stock Exchange Group (LSEG) Information Webinars: About Fineqia AG Fineqia AG is a wholly owned subsidiary of Fineqia International, set up to pursue business on the European continent. Fineqia AG, based in Liechtenstein, received approval of its base prospectus by the country's Financial Market Authority (FMA) to offer Exchange Traded Products (ETPs) collateralized by digital assets. Its base prospectus complies with the European Union's (EU) passport directive and enables its ETPs to be distributed across the EU's single market. About the Psalion Group The Psalion Group is a global group of companies operating in two primary business lines: generating yield on digital and traditional assets and currencies and operating venture capital funds in the blockchain and digital asset space. The Group was founded in 2020. It has offices in Paris, Singapore and San Diego. FOR FURTHER INFORMATION, PLEASE CONTACT: Warren Sergeant, Chief Financial Officer E. [email protected] T. +44 78187 11024 Aayushi Jain, Marketing Manager E. [email protected] T. +44 78778 60812 FORWARD-LOOKING STATEMENTS Some statements in this release may contain forward-looking information (as defined under applicable Canadian securities laws) ('forward-looking statements'). All statements, other than of historical fact, that address activities, events or developments that Fineqia (the 'Company') believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential acquisitions and financings) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words 'may', 'will', 'should', 'continue', 'expect', 'anticipate', 'estimate', 'believe', 'intend', 'plan' or 'project' or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, the failure to obtain sufficient financing, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made except as may be required by applicable securities laws. The Company disclaims any intent or obligation to update any forward-looking statement except to the extent required by applicable securities laws. DISCLAIMER: Crypto assets are unregulated investment products prone to sudden and substantial value fluctuations, presenting a high risk of total loss of the invested capital. As the underlying components of the Fineqia FTSE Cardano Enhanced Yield ETN (Ticker: YADA; ISIN: LI1408648106) are unregulated, investors are unlikely to have access to regulatory protections or investor compensation schemes. If you are unsure whether these assets are suitable for your individual circumstances, it is highly recommended to obtain independent financial and legal advice. SOURCE: Fineqia press release
