Aiming to pivot deeper into the digital asset space, Nevada-based GD Culture Group is preparing to launch a major crypto-focused treasury strategy, backed by a substantial stock sale agreement worth up to $300 million.
The company—best known for its ventures in livestream e-commerce and AI-generated digital personas—revealed that it has entered a financing arrangement with an offshore entity to issue common shares. Funds raised will be used, in large part, to acquire and hold cryptocurrencies, with Bitcoin and the TRUMP token topping the list.
GDC’s leadership described the initiative as a forward-looking step toward embracing decentralized finance principles, while integrating blockchain into its core business model. CEO Xiaojian Wang said the plan aligns with the firm’s ongoing transformation, capitalizing on its digital ecosystem expertise to evolve alongside emerging Web3 infrastructure.
The announcement comes at a pivotal moment for the company. With a market cap of just $34 million and recent challenges meeting Nasdaq’s listing requirements—stemming from low stockholders’ equity—GDC is pursuing this strategy both as a reinvention and as a signal to investors of its long-term ambitions.
Though it remains a micro-cap player, GDC now enters a growing circle of public companies placing digital assets on their balance sheets, a move once considered fringe and now increasingly normalized as blockchain gains traction across mainstream corporate finance.
If successful, the initiative could mark a turning point for the firm—shifting it from a niche AI player to a participant in the broader financial digitalization wave.
Web3 giant Animoca Brands is preparing to take its business public in New York, capitalizing on what it sees as a more crypto-friendly environment under President Donald Trump.
With New York’s first crypto summit just days away, Mayor Eric Adams is making it clear: the city is positioning itself as a global epicenter for blockchain development.
Hype around a supposed Truth Social meme coin launch has been firmly shut down by Trump-affiliated organizations, following a viral post that sent meme coin circles into a frenzy.
Aave, one of the leading protocols in decentralized finance, has just reached a new milestone, with over $40 billion now deposited across its lending markets.