TechFlow news, May 8 — According to FinanceFeeds, Strive Asset Management announced on May 7 that it will list on Nasdaq through a reverse acquisition merger with Asset Entities Inc. (NASDAQ: ASST), becoming the world's first publicly traded asset management company with a core strategy focused on bitcoin. The company plans to raise up to $1 billion via a "bitcoin-for-equity" mechanism, specifically dedicated to expanding its bitcoin reserves. Upon completion of the merger, Strive will own 94.2% of the new company, and current CEO Matt Cole will serve as chairman and chief executive officer.
Navigating Web3 tides with focused insights
Contribute An Article
Media Requests
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号




