U.S. listed company TNL Mediagene: will establish a digital asset treasury, limited to BTC, ETH, and SOL

ChainCatcher news, Nasdaq-listed company TNL Mediagene (NASDAQ: TNMG) announced the launch of a major strategic initiative to integrate digital assets into its business model and establish a Digital Asset Treasury (DAT). The company will limit its treasury assets to only the three most mature digital assets: BTC, ETH, and SOL, emphasizing that its digital asset treasury strategy will exclude other digital assets that do not meet the standards of scale, liquidity, institutional adoption, and regulatory transparency.

TNL Mediagene has formed a Digital Asset Treasury Advisory Group, composed of experts from leading digital asset and Web3 companies such as CoinDesk, Nonagon, hottolink, and Matter Labs. This strategy aims to provide dual financial and strategic benefits, enhancing the company's flexibility and supporting future growth initiatives. Company co-founder and CEO Joey Chung stated that the digital asset treasury strategy will not only enhance financial flexibility and liquidity to pursue future acquisitions but also expand the media and data analytics platform into the digital asset space. The company expects to finalize key details of the strategy in the coming months.