Skip to main content
727 Finance
English

Hyperscale Data completes tokenization of 5,000 troy ounces of silver; its AI subsidiary askROI plans to list in Q2 or Q3 of next year.

PANews October 18 news, according to PRNewswire, U.S.-listed company Hyperscale Data announced that it has completed the tokenization of 5,000 troy ounces of physical silver through its indirect wholly owned subsidiary Ault Global Commodities and listed the related tokens on the Ault Markets platform, with trading expected to begin within weeks.

In addition, Hyperscale Data also disclosed that its AI technology subsidiary askROI is preparing for a separate listing. Potential options include a reverse takeover (RTO), an initial public offering (IPO), or a listing through a special purpose acquisition company (SPAC), and it plans to complete the relevant transaction in the second or third quarter of 2027, but the specific timing depends on the transaction method ultimately selected and is subject to factors such as financial and regulatory requirements and market conditions.

Related news

  1. Musk: The operating cost of Grok Bot is unsustainably high relative to its revenue.

    PANews, November 2 news: In response to a user's question on the X platform about the rapid depletion of Grok Bot usage quotas, Musk stated that the operating c...

  2. China Merchants Bank and several other institutions have launched wallet transaction statement printing services within the digital renminbi App.

  3. The founder of POAP may have subscribed to 100,000 ETH during the 2015 ICO.

  4. UBTECH releases Thinker-Sim embodied intelligence simulation platform.

  5. The application period for virtual asset service provider licenses in Brazil has ended, with only about 40 companies submitting applications.