Digital Assets

Cango Inc. (NYSE: CANG) has completed its strategic shift to Bitcoin mining with a new Board and senior management team. Xin Jin, founder and CEO of Antalpha Platform Holding Company, is the new Chairman. Peng Yu, with experience in BTC mining, energy, and asset management, assumes the role of CEO. The leadership changes coincide with the resignations of Xiaojun Zhang and Jiayuan Lin. This transformation signals Cango’s ambition to establish a presence in the digital asset space.

SharpLink Gaming expanded its Ethereum holdings by acquiring 9,468 ETH, bringing its total to nearly 200,000 ETH. The company funded this through its ATM facility and plans further Ethereum accumulation, viewing it as a foundational currency for digital commerce. SharpLink also appointed Elevate IR as its investor relations agency to communicate its evolving strategy.

A QQ user, “Ai Jiemo,” has become the first to reach the maximum level 256 on Tencent’s instant messaging platform, prompting celebrations and exclusive rewards. This milestone highlights QQ’s enduring popularity. The achievement sparked social media engagement, while users of Huawei’s HarmonyOS noted potential disadvantages in accessing the latest platform features.

VivoPower International PLC (VVPR) corrected its May 28, 2025 press release regarding its XRP digital asset strategy and a $121 million private placement. The company is shifting towards the XRP space, acquiring and managing XRP as part of a diversified digital treasury to support the XRP Ledger and DeFi infrastructure. This strategic pivot reflects a commitment to digital assets, with forward-looking statements subject to risks and uncertainties.