San Francisco, CA, July 17th, 2025, Chainwire
Crowdsourced Hedge Fund Announces Strategic Token Buyback as Meta Model Leads Amid AUM Growth
Numerai, the decentralized hedge fund powered by crowdsourced machine learning, today announced plans to buy back $1 million of its token, Numeraire (NMR), from the open market. The buyback reflects Numerai’s continued investment in its staking ecosystem, a mechanism that aligns thousands of global data scientists with the long-term performance of its hedge fund.
Over the past year, Numerai has more than doubled its assets under management (AUM), growing from approximately $173 million to over $441 million. The fund now trades more than $1 billion per month across over 30 global markets, relying on machine learning models crowdsourced from a global network of data scientists who stake NMR on their predictions.
Each week, thousands of data scientists submit predictions to Numerai’s tournament and stake NMR on their models’ performance. These stakes encourage aligned, high-quality contributions to the hedge fund, and it’s working. Numerai’s Stake-Weighted Meta Model, an ensemble of user models weighted by their NMR staked, has consistently outperformed individual models, reinforcing Numerai’s incentive-aligned approach to collective intelligence.
“The success of our Stake-Weighted Meta Model speaks for itself: it’s outperformed every individual model over the past year. As our AUM grows and top institutional allocators join us, the role of NMR has never been more critical,” said Richard Craib, Founder and CEO of Numerai.
But as Numerai’s ecosystem has matured, NMR has become scarce. With a fixed supply capped at 11 million, and roughly 3 million NMR remaining in Numerai’s treasury, the company has limited capacity to continue distributing staking rewards at historical levels. The company says the buyback will help underscore its long-term commitment to its participants and maintain economic stability.
The buyback will be executed gradually to ensure transparency. Orders will be placed at or near prevailing bid prices, allowing the program to unfold gradually over time. The full explanation behind the buyback can be found on Numerai’s newly launched blog.
About Numerai
Founded in 2015, Numerai is a San Francisco-based hedge fund that crowdsources stock market predictions to solve the hardest problem in finance. The fund is powered by thousands of data scientists globally who can stake NMR on their models and contribute to a crowdsourced Meta Model used in live trading.
Contact
Press Contact
Lindsay Smith
Numerai
[email protected]
Singapore, Singapore, July 17th, 2025, Chainwire
-Much Doge. Such Utility. Very Treasury.-
-First publicly listed company on a major US exchange to accumulate Dogecoin as a core asset-
Bit Origin Ltd (NASDAQ: BTOG) (“Bit Origin” or the “Company”), today announced that it has entered into agreements with accredited investors for the sale of up to $400 million in Class A ordinary shares and up to $100 million in convertible debt to launch the Company’s Dogecoin (“Doge”) treasury strategy.
- Bit Origin expects to become one of the largest publicly traded Doge holders
- Strategy aims to deliver long-term value through increasing Doge-per-share
- Reflects the Company’s hope in potential Doge integrations into payment layers, such as X Money
“Bit Origin is evolving beyond mining infrastructure to engage directly in the value and utility of digital assets,” said Jinghai Jiang, CEO and Chairman of Bit Origin. “What started as a joke has evolved into a globally liquid asset with a payments utility. Few digital assets rival Doge’s settlement speed and scale of community, which continues to drive adoption across peer-to-peer payments and online commerce.”
“We hope Doge’s performance and community make it a natural fit for X Money, as Elon Musk advances his vision for X as a global super-app,” continued Jiang. “In an age of broken institutions, Doge embodies a shared culture of optimism and resilience that transcends existing political and financial systems.”
Bit Origin’s accumulation of Doge reflects the Company’s conviction in the network’s grassroots strength and payment utility, driven by low fees and merchant acceptance. Building on its infrastructure roots, Bit Origin plans to explore miner-facing services, payment applications, and other value-generating operations within the Doge ecosystem.
The Company has completed an initial closing of $15 million under the convertible debt facility and intends to use a significant portion of the proceeds for its initial Dogecoin acquisition.
Chardan acted as the placement agent in connection with the funded facility from ATW Partners.
The foregoing description does not purport to be complete and is qualified in its entirety by reference to the full text of the Company’s current report on Form 6-K dated July 17, 2025.
About Bit Origin Ltd
Bit Origin Ltd is an emerging growth company operating in the United States and engaged in the cryptocurrency mining business. The Company is also actively deploying blockchain technologies alongside diversified expansion strategies.
For more information, users can visit https://bitorigin.io.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
Contact
Chairman of the Board, CEO, and COO
Mr. Jiang Jinghai
Bit Origin Ltd
[email protected]
Mahé, Seychelles, July 16th, 2025, Chainwire
Aster, the next-generation decentralized perpetual exchange (perp DEX) backed by YZi Labs, is once again pushing the frontier of DeFi innovation with the launch of a new asset type on Aster Pro: stock perpetual contracts.
Traders can now gain leveraged, permissionless exposure to leading U.S. stocks including Amazon (AMZN), Apple (AAPL), Alphabet (GOOG), Meta (META), Microsoft (MSFT), NVIDIA (NVDA) and Tesla (TSLA), with more blue-chip names to follow. This makes Aster one of the few global perp DEXs to offer stock-based perpetual futures – giving users the power to diversify into equities without compromising on custody, privacy, or speed.
24/7 Trading of Stock Perps with up to 50x Leverage
Unlike traditional brokers bound by red tape, limited trading hours, and custodial control, Aster delivers decentralized access to global equity markets 24/7, without requiring any intermediaries. Users can enter positions anytime, anywhere with up to 50x leverage – no signups, no paperwork, no gatekeeping.
While liquidity may be lower outside of traditional U.S. stock market hours, as this reflects the current structure of global equity markets, traders are still able to manage smaller positions on Aster during this period. During Wall Street’s active hours, Aster’s deep liquidity pools kick in, offering smoother fills and efficient execution.
With NASDAQ’s plan for 24/5 trading in the near future, traders will get to experience longer trading hours on Aster with deep liquidity and smooth execution as well.
“Aster is about breaking down barriers whether that’s asset types, market hours, or outdated trading infrastructures,” said Leonard, CEO of Aster. “With decentralized stock perpetual contracts, we’re opening the doors for crypto traders to access the biggest U.S. equities with the privacy and speed they deserve.”
Deep Liquidity And Secure Pricing via Pyth Network
Similar to other perpetual contracts on Aster Pro, Aster’s stock perpetuals are derivative contracts that let traders speculate on the price of the underlying asset, without the need for real-world custody. Pricing data for these contracts is derived directly from Pyth Network, where an aggregated price is generated from active quotes contributed by multiple independent publishers. This ensures reliable and tamper-resistant feeds for stock contracts and all other Aster perpetual contracts. Traders will also benefit from Aster’s high-speed matching engine and integrated liquidity that have made Aster the global second perp DEX by trading volume.
Whether traders are hedging a portfolio or betting on short-term moves, Aster stock perps offer unmatched versatility. For example, a user holding TSLA stock off-chain can short TSLA/USDT on Aster with leverage to hedge downside exposure in volatile markets – all without centralized intermediaries, using permissionless trading.
Built for Traders, by Traders
This launch marks a major milestone in Aster’s mission to bridge traditional finance and DeFi without compromise. From a record-breaking first half of 2025 with over $58 billion in trading volume and the roll out of features like Aster Mobile app, to unveiling Hidden Orders, and Aster Chain Beta (a high performance ZK-powered L1 with privacy focus for perpetuals), Aster continues to elevate what DeFi can deliver with the launch of stock perpetual contracts.
As the convergence of TradFi and DeFi continues to gain traction worldwide, Aster is leading the charge, combining the hallmark privacy and composability of DeFi with new asset opportunities.
Users can start trading U.S. equities with crypto and leverage, with the freedom and flexibility that only Aster offers.
About Aster
Aster is a next-generation decentralized perpetual exchange built for everyone. It offers MEV-free, one-click trading for crypto with up to 1001x leverage in Simple Mode (BNB Chain, Arbitrum), and advanced tools including Hidden Orders, grid trading, and stock contracts in Pro Mode (BNB Chain, Ethereum, Solana, Arbitrum). Aster Chain is a high-performance blockchain engineered to deliver private and non-custodial onchain orderbook trading. Backed by YZi Labs, Aster is building the future of DeFi: fast, flexible, and community-first.
Users can learn more at the Aster official website, or connect with Aster on the official X account.
Contact
Kathy
Aster
[email protected]
London, United Kingdom, July 16th, 2025, Chainwire
Over 110 LANDs and 220 avatars go live in the metaverse’s most IP-rich auction to date, all powered by GBM’s Win-Win protocol.
The Sandbox, the leading social gaming metaverse, is partnering exclusively once again, with GBM Auctions to launch its largest set of auctions for LAND to date. The drop includes 110 LANDs (including 4 Estates exclusive to this sale) and 220 branded avatars across 22 IPs, all distributed via GBM Auctions’ Win-Win auction protocol.
In a first for The Sandbox, auctions will precede its own platform sale, highlighting a shift in how LAND is brought to market and underscoring GBM’s role as the auction layer for Web3-native asset distribution.
A Fairer and More Transparent Way to Buy LAND
Traditional NFT sales often reward speed or capital, using first-come-first-serve mechanics or gas wars. GBM’s Win-Win model changes the experience by rewarding every participant rather than just the final buyer.
With GBM’s Win-Win auction model, even outbid participants are rewarded. Every bid:
- Is fully refunded if outbid
- Comes with an incentive reward based on auction mechanics
- Contributes to true, onchain price discovery
The Win-Win model flips the typical auction dynamic on its head. Instead of punishing latecomers or smaller bidders, it turns participation itself into a value-generating act, transforming auctions from winner-takes-all battles into high-engagement, trustless events where every bid matters and every bidder benefits.
“We’re thrilled to bring this expanded LAND auction to our community for the Training Grounds LAND sale through GBM. Their Win-Win Auction model offers a new, gamified way for people to enter the ecosystem and build the metaverse with us. ”
– Cédric Neumann, The Sandbox NFT Sales Director
“This is the biggest LAND and avatar sale we’ve hosted with The Sandbox, and a blueprint for how branded assets should be distributed in the open metaverse.”
– Hugo McDonaugh, Co-Founder & CEO, GBM
What’s in the Drop
The auction will feature 80 regular LANDs, 26 premium LANDs, and four estates, including three 3×3 plots and one 6×6 estate; the estates are exclusively available through GBM and not sold on The Sandbox’s platform. In addition to the LAND, this drop includes 220 avatars from 22 different brands, with 10 avatars per brand available via auction. Participating IPs include well-known names like Cirque du Soleil, with more to be revealed during the campaign.
Timeline and Activation
The Sandbox and GBM kicked off proceedings by co-host a live X Space on 14 July, featuring NFT Sales Director Cédric Neumann, Stream Product Owner PandaPops, and GBM Co-Founder Hugo McDonaugh, who discussed the drop and how the Win-Win auction model works. Users can check out the recording of the Spaces here.
The X Space was followed by The Sandbox’s blog post and email campaign to its whole community base.
The auctions officially went live on 15 July at 2:00 PM UTC and is running for seven days, closing on 22 July. All auctions are primary listings only; assets aren’t available through open marketplaces or secondary resale during this campaign.
Why This Drop Matters
This is the first time The Sandbox is leading with auctions before launching the public sale on its own platform, a shift from its typical sales sequence. Estates included in this drop are also exclusively available via GBM, making them inaccessible through any other marketplace or channel. With avatars and LANDs from more than 20 brands, this is one of the most multi-dimensional and IP-rich activations to date. Powered by GBM’s protocol-native incentive system, the drop ensures every bidder receives value, not just the final winner.
How to Join the Auction
To view and participate in the auctions, once live, users can visit:
All auctions will use GBM’s Win-Win model, ensuring every bid counts, and every participant receives value, even if they’re outbid.
About GBM Auctions
GBM is the auction protocol redefining how value is distributed onchain. At the heart of GBM is its innovative Win-Win auction model, which rewards every participant, not just the winner. This sets a new standard for price discovery and value alignment across Web3. GBM has powered over $200M in volume and distributed more than $6M in rewards to date.
About The Sandbox
The Sandbox, a subsidiary of Animoca Brands, is an immersive metaverse platform in which users play, create, and monetize unique experiences alongside their favorite brands, IPs, and celebrities across gaming, entertainment, music, art, and more. The Sandbox leverages web3 technologies to fully enable end-user creation and creator economies, disrupting existing platforms by providing both players and creators with true ownership of their assets, creations, and rewards as non-fungible tokens (NFTs). Over 400 partners have joined The Sandbox, including Warner Music Group, Gucci, Ubisoft, Paris Hilton, The Walking Dead, Snoop Dogg, Attack on Titan, Lacoste, Steve Aoki, The Smurfs, and many more. For more information, users can visit www.sandbox.game and follow the regular updates on Twitter, Medium, and Discord.
Disclaimer – The GBM token is a utility token for participation in the GBM ecosystem. It is not an investment, security, or financial product. Participation in the GBM IDO does not guarantee profits or returns.
Contact
Head of Marketing
Jake Scott
GBM Auctions
[email protected]
Victoria, Seychelles, July 16th, 2025, Chainwire
Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of ESUSDT-M perpetual futures trading, effective July 16, 2025 (UTC+8). The contract supports a maximum leverage of 20x and is now available for trading via Bitget’s website and mobile application.
The ESUSDT-M contract is settled in USDT and features a tick size of 0.0001. Trading is available 24/7, with funding fees settled every four hours. Bitget’s integrated support for trading bots enables users to automate strategies and respond to market movements more efficiently within the ESUSDT market.
As with all futures products on Bitget, trading parameters such as tick size, maximum leverage, and maintenance margin rate are subject to adjustment based on evolving market risk conditions. Users are advised to refer to the ES/USDT contract page for the most current specifications.
This addition expands Bitget’s suite of USDT-M Futures, where users trade with USDT across multiple pairs under a unified margin system, allowing for optimized capital efficiency. Bitget also offers Coin-M and USDC-M Futures, catering to a broad range of trading preferences and asset management strategies.
For more details on ESUSDT, users can visit here.
About Bitget
Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.
Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP, one of the world’s most thrilling championships.
For more information, users can visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, users can contact: [email protected]
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, users can refer to the Terms of Use.
Contact
Simran Alphonso
[email protected]
Mahe, Seychelles, July 16th, 2025, Chainwire
BitMEX, the safest crypto exchange, announced today the launch of its Summer Supercharge Trading Competition, allowing traders to compete for their share of a 3 BTC prize pool, travel funds, MacBooks, and more.
The competition will run from 16 July 2025 at 11:00 AM (UTC) to 8 August 2025 at 11:59 PM (UTC). Users can participate in the competition anytime during the campaign period.
Rewards will be distributed across three leaderboards:
- Trading Volume: 80% of the total prize pool will be shared by the Top 100 Traders ranked by trading volume
- PnL: 10% of the total prize pool will be shared by the Top 100 Traders ranked by PnL
- ROI%: 10% of the total prize pool will be shared by the Top 100 Traders ranked by ROI%
All new traders who join the competition can also win their share of an additional 10,000 USDT prize pool based on their trading volume.
To participate in the Summer Supercharge Trading Competition, new customers must be fully verified on BitMEX. Competition details and registration can be found here.
About BitMEX
BitMEX is the OG crypto derivatives exchange, providing professional crypto traders with a platform that caters to their needs through low latency, deep crypto native liquidity and unmatched reliability.
Since its founding, no cryptocurrency has been lost through intrusion or hacking, allowing BitMEX users to trade safely in the knowledge that their funds are secure. So too that they have access to the products and tools they require to be profitable.
BitMEX was also one of the first exchanges to publish their on-chain Proof of Reserves and Proof of Liabilities data. The exchange continues to publish this data twice a week – proving assurance that they safely store and segregate the funds they are entrusted with.
For more information on BitMEX, users can visit the BitMEX Blog or www.bitmex.com, and follow Telegram, Twitter, Discord, and its online communities. For further inquiries, users can contact [email protected].
Contact
BitMEX Press
BitMEX
[email protected]
Vienna, Austria, July 16th, 2025, Chainwire
The Vision token is now live across major exchanges and DeFi platforms, unlocking staking, governance, and multi-chain trading
The Vision Token (VSN) has officially launched today, marking a new chapter for Web3 tokens. Vision is now available across major centralised exchanges and investment platforms including Kraken, KuCoin, Gate.io, Bitpanda and MEXC, as well as decentralised platforms such as Uniswap, opening the door to investors worldwide.
Designed as the unifying asset of the broader Web3 ecosystem, Vision integrates governance, staking, loyalty, and real-world use cases. Some early products with Vision integration will include the Vision Protocol, a liquidity aggregator for cross-chain swaps; Vision Chain, a dedicated Ethereum Layer 2 network for tokenised real-world assets; the Bitpanda DeFi Wallet; and a launchpad to showcase curated crypto projects. Vision is designed to not only provide tangible benefits in these products, a share in the generated feeds flows back to its governing body, funding rewards, buybacks and burns.
While Vision is deeply integrated into Bitpanda’s expanding Web3 ecosystem, it is not issued or controlled by a private company. Governance and rewards are overseen by the Vision Web3 Foundation, an entity created to ensure that the token’s utility, emissions, and long-term evolution are shaped by its users. The Bitpanda Web3 Committee, composed of independent industry experts, supports the Foundation by advising on emission strategies, grant allocation, and ecosystem growth. Governance will be powered through onchain voting, enabling Vision holders to have a say in key parameters such as staking emissions, burns, and community funding.
Fabian Reinisch, Chairman of the VISION web3 Foundation, commented: “With Vision, we’re creating a transparent and dynamic framework where token holders have a direct say in how the ecosystem evolves. This isn’t just another Web3 product – it’s a user-centric model that reflects the needs of its community. Vision is built on the principle that value should flow back to those who participate and contribute, and Vision has been built to do just that.”
Vision consolidates the utility of Bitpanda’s earlier tokens (BEST and Pantos) into a single multi-functional asset, simplifying user engagement while unlocking new capabilities. Holders can stake it for up to 10% APY, gain access to early-stage projects via the Launchpad, and shape the future through quarterly votes.
Partnerships have already been announced with Paris Saint-Germain and AC Milan, who will explore new digital experiences that connect global sports audiences with Web3 to offer real benefits to Vision holders.
For more details on how to participate in the Vision ecosystem, including governance, staking, and project development, users can visit bitpanda.com and follow Vision on X (Twitter) and Telegram to stay updated.
Disclaimer:
Investing in digital assets carries risk; you may lose your entire investment. This is not investment advice, and past performance is no guarantee of future results. Understand all risks before investing. For details on the Vision token (VSN) by the VISION web3 Foundation, see the white paper. Benefits and rewards are subject to terms and conditions of the respective loyalty programmes.
About the VISION Web3 Foundation
The VISION Web3 Foundation was founded in 2025 as an independent organisation established to govern and develop the Vision (VSN) token and its surrounding ecosystem. Headquartered in Zug, Switzerland, the Foundation is responsible for the issuance and management of VSN, overseeing token supply, liquidity, and protocol governance. It supports the growth of a compliant, user-centric Web3 infrastructure through transparent onchain voting, strategic emissions, and community grants. By reinvesting ecosystem value into innovation and rewarding active participation, the Foundation ensures that the future of VSN remains decentralised, dynamic, and aligned with the interests of its holders.
About Bitpanda
Bitpanda was founded in Vienna in 2014 and is the leading European crypto platform. With a selection of over 3,200 digital assets, including more than 600 crypto assets and numerous stocks*, ETFs*, precious metals and commodities, the Austrian fintech unicorn offers one of the most comprehensive ranges of digital assets available in Europe. Already trusted by over 6.5 million users, and dozens of institutional partners, Bitpanda holds licences in several countries, and has a proven track record of working with local regulators to keep assets safe and secure. This makes Bitpanda one of the safest and most strictly regulated trading platforms in the industry. In addition to its headquarters in Vienna, Bitpanda has offices in, Barcelona, Berlin and Bucharest.
www.bitpanda.com | X | Facebook | Instagram
Contact
Director, Corporate Communications
Paul Wolter
Bitpanda
[email protected]
Culver City, United States, July 16th, 2025, Chainwire
Snail, Inc. (Nasdaq: SNAL) (“Snail Games” or the “Company”), a leading global independent developer and publisher of interactive digital entertainment, announced its intention to explore pursuing a strategic digital asset initiative that includes the evaluation and feasibility for introduction of its own proprietary stablecoin. This initiative would be subject to a range of factors, including but not limited to, regulatory approvals, market conditions, technical feasibility, cybersecurity safeguards, financial controls, and internal governance. The Company believes that exploring stablecoin infrastructure may position it as an early mover within the digital entertainment industry. While no decisions have been made to integrate such technology into the Company’s corporate strategy, it continues to evaluate and explore opportunities as part of its broader innovation roadmap.
Recognizing the growing potential of crypto-based transactions in the digital entertainment and gaming industry, the Company is currently assessing the feasibility of developing and exploring its stablecoin with multiple external use cases, with no current timeline or commitment.
To support this initiative, Snail Games has retained Dr. George Cao, an external consultant. Dr. Cao earned his PhD degree in Computer Science from the University of Chicago and is the Founder and the Chief Executive Officer of AscendEX, a full-stack cryptocurrency financial platform that offers simple solutions for investing, trading, and earning to global users. In addition, the Company also retained seasoned legal advisors, including a nationally recognized law firm ranked by Chambers FinTech Legal USA as a leading firm serving cryptocurrency and blockchain clients.
“This stablecoin exploration is a natural evolution of our innovation-led strategy and will support a broader effort to evaluate how blockchain-based technologies could be aligned with the Company’s long-term goal to be at the forefront of digital transformation in the entertainment space,” said Snail, Inc. co-CEO Hai Shi. “To support this initiative, we’ve engaged a nationally recognized law firm and a seasoned strategic advisor to support and guide the successful exploration of this opportunity. We are evaluating potential future phase hiring needs for professionals with specialized experience in blockchain, stablecoins, and digital asset strategy. While our focus continues to remain on gaming across our ARK franchise, indie titles, and other up-and-coming genres, this investigation into the crypto space and evaluation of the feasibility of launching our own stablecoin would mark a key step in advancing our vision of driving innovation across digital entertainment. We’re excited to share continued updates as we reach meaningful milestones in our evaluation.”
About Snail, Inc.
Snail, Inc. (Nasdaq: SNAL) is a leading, global independent developer and publisher of interactive digital entertainment for consumers around the world, with a premier portfolio of premium games designed for use on a variety of platforms, including consoles, PCs, and mobile devices. For more information, users can visit: https://snail.com/.
Forward-Looking Statements
This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as “anticipate,” “believe,” “could,” “expect,” “should,” “plan,” “intend,” “may,” “predict,” “continue,” “estimate” and “potential,” or the negative of these terms or other similar expressions. Forward-looking statements appear in a number of places in this press release and in our public filings with the SEC and include, but are not limited to, statements regarding (i) the evaluation and feasibility for introduction of Snail’s own proprietary stablecoin and any future implementation, which will depend on multiple factors, including regulatory considerations, technical readiness, risk assessments and strategic alignment with Snail’s core business, (ii) Snail as a pioneer among public companies within the digital entertainment industry to integrate stablecoin infrastructure directly into its corporate strategy, (iii) Snail showcasing its ongoing commitment to fostering creativity and innovation across its global portfolio, (iv) Snail’s long-term investment in the next generation of gamers and creators, and (v) Gen Alpha projected to become the most digitally fluent and commercially influential generation to date. You should carefully consider the risks and uncertainties described in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, which was filed by the Company with the SEC on March 26, 2025 and other documents filed by the Company from time to time with the SEC, including the Company’s Forms 10-Q filed with the SEC. The Company does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.
Disclaimer:
This press release does not constitute an offer, sale or solicitation of an offer to buy any digital asset or security. The Company has not committed to a specific launch timeline or use case deployment. Any future implementation will depend on multiple factors, including regulatory considerations, technical readiness, risk assessments and strategic alignment with Snail’s core business. Snail may determine at any time to abandon its current intent to explore the issuance of A proprietary US dollar-backed stablecoin.
Investor Contact:
John Yi and Steven Shinmachi
Gateway Group, Inc.
949-574-3860
Contact
PR Contact
Monty Robles
Snail Games
[email protected]
Hong Kong, PCR, July 15th, 2025, Chainwire
MultiBank Group, one of the most regulated provider of financial derivatives in the world, announced that its initial $MBG Token Pre-Sale concluded in under one hour, with 7 million tokens fully subscribed via MultiBank.io and Uniswap.
Priced at $0.35 per token, the initial allocation was completed rapidly. The team sees this outcome as reflecting the level of interest in tokenized products that incorporate elements of asset backing and operational infrastructure.
Due to additional requests, MultiBank Group will conduct a second and final $MBG Token Pre-Sale on Friday, July 18, ahead of the scheduled Token Generation Event (TGE) on July 22. This round will offer 3 million tokens at $0.35 and will be accessible through MultiBank.io and Uniswap.
Commenting on the success of the Pre-Sale, Naser Taher, Founder and Chairman of MultiBank Group, said:
“The sell-out of our initial $MBG Token offering in less than one hour is a decisive validation of our vision. In a market saturated with speculation, the response we received confirms that institutional-grade transparency, regulatory integrity, and asset-backed value are what investors are now demanding. $MBG is here for the long term, reflecting the experience, resources, and global reach that underpin everything we do at MultiBank Group. The market has spoken, and it has spoken with speed and conviction.”
According to MultiBank Group, the $MBG token is supported by $29 billion in assets and linked to a broader operational framework that records $35 billion in daily turnover.
The ecosystem supporting $MBG is anchored by its four pillars:
- MultiBank TradFi: Reported $362 million in revenue in 2024 through global CFD trading operations.
- MEX Exchange: An institutional-grade marketplace with a planned launch later in the year, projected at $23.7 billion.
- MultiBank.io RWA: A platform focused on the tokenization of real-world assets, including $3 billion in ultra-luxury real estate.
- MultiBank.io: Extending into crypto derivatives alongside the token initiative.
Together, these platforms will drive a $440 million buyback and burn initiative, reinforcing demand, ensuring a deflationary supply, and sustaining value growth for $MBG holders.
For more information, users can visit token.multibankgroup.com and follow MultiBank Group on Telegram at t.me/MultiBank_io for updates.
ABOUT MULTIBANK GROUP
MultiBank Group, established in California, USA in 2005, is a global leader in financial derivatives. With over 2 million clients in 100+ countries and a daily trading volume exceeding $35 billion, it offers a broad range of brokerage and asset management services. Renowned for innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group is regulated by 17+ top-tier financial authorities across five continents. Its award-winning platforms provide up to 500:1 leverage across Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has received over 80 international awards for trading excellence and regulatory compliance. For more information, users can visit MultiBank Group’s website.
Contact
Mr
Nikolas Neofytou
MultiBank Group
[email protected]
Los Angeles, USA, July 15th, 2025, Chainwire
Allnodes, a leading platform for blockchain infrastructure, is among the first in the world to offer pre-orders for hosting on new AMD Ryzen Threadripper PRO 9000 Series processors as part of its bare-metal server lineup. The newest hardware upgrade enables Allnodes to deliver even more powerful and efficient infrastructure to its users, meeting the highest performance demands of any blockchain.
“At Allnodes, we work hard to bring our users the latest and most powerful infrastructure available,” said Konstantin Boyko-Romanovsky, Founder and CEO at Allnodes. “The launch of the 9000 Series provides a natural next step, offering significantly improved architecture efficiency, critical for handling the increasing computational standards across today’s blockchain networks.”
The new AMD Ryzen Threadripper PRO 9000 Series processors, available through Allnodes’ bare-metal hosting solutions, include the 9965WX and 9975WX models, featuring up to 32 cores, 64 threads, 5.4 GHz Max Boost, and up to 1024GB of memory.
With up to 22% higher multi-core performance compared to the previous generation of Threadripper series, it is an ideal upgrade for customers who prioritize maximum single-core performance with more than 256GB of memory.
About Allnodes
Allnodes delivers high-performance bare metal servers tailored for Web3 infrastructure, along with secure, non-custodial solutions for node hosting and staking. With over $3.1 billion in hosted node value, support for 119 blockchains, and more than 30,000 active nodes, Allnodes is trusted by individuals and institutions worldwide. The platform also provides reliable RPC endpoints for developers and teams building in the decentralized ecosystem.
https://www.allnodes.com/hosting
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