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Flash
  • 14:12
    Shipping company OceanPal completes $120 million financing and launches AI project based on NEAR protocol
    Foresight News: According to The Block, Nasdaq-listed shipping company OceanPal has completed a $120 million private investment in public equity (PIPE) to launch its wholly-owned subsidiary, SovereignAI Services LLC. This subsidiary will collaborate with the NEAR Foundation to build digital asset and artificial intelligence infrastructure. The financing attracted participation from several cryptocurrency investors, including an exchange, Proximity, Fabric Ventures, and G20 Group. The funds will be used to implement a blockchain-native digital asset treasury strategy centered on the NEAR protocol and to develop a confidential AI cloud platform supported by NEAR and Nvidia technologies.
  • 14:12
    Listed company AgriFORCE Growing Systems raises $300 million to establish an AVAX treasury
    Foresight News reported that Nasdaq-listed company AgriFORCE Growing Systems announced plans to raise $300 million through PIPE financing, with Hivemind Capital as the lead investor. The transaction is expected to be completed around October 30, 2025, subject to customary closing conditions. The new funds will support the establishment of a digital asset treasury for the Avalanche network native token AVAX. Upon completion of the transaction, the company name and stock ticker will be changed to AVAX One.
  • 13:54
    OceanPal completes $120 million financing and partners with NEAR Foundation to launch SovereignAI and digital asset treasury
    ChainCatcher news, OceanPal Inc. announced today that it has completed a $120 million public company private investment in public equity (PIPE) transaction for the purchase and sale of common stock and/or pre-funded warrants. The company plans to use the net proceeds from this transaction to implement a digital asset treasury strategy through its wholly-owned subsidiary SovereignAI Services LLC ("SovereignAI"), which focuses on the commercialization of NEAR Protocol, a blockchain platform designed for artificial intelligence (AI) use cases. Through this transaction, OceanPal expects to become a major public investment vehicle via SovereignAI, providing investors with exposure to NEAR (the native token of NEAR Protocol) and the foundational AI infrastructure required to support autonomous business operations.
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