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2 days agoOceanPal completes $120 million PIPE to launch SovereignAI for digital-asset treasury backed by NEAR Protocol
Shipping company OceanPal Inc. finalized a $120 million private investment in public equity (PIPE) financing to accelerate its digital-asset treasury strategy through newly formed subsidiary SovereignAI. The capital will fund diversification of corporate reserves into tokenized and blockchain-based assets anchored on the NEAR Protocol ecosystem. SovereignAI will handle liquidity operations, yield optimization, and on-chain compliance frameworks. Executives said the move aims to merge maritime finance with decentralized infrastructure. Market observers view the initiative as a rare institutional bridge between traditional shipping and digital-asset management platforms.
Explore:Mutual Fund AI Screening
positive
2 days agoOceanPal completes $120 million PIPE to launch SovereignAI for digital-asset treasury backed by NEAR Protocol
Shipping company OceanPal Inc. finalized a $120 million private investment in public equity (PIPE) financing to accelerate its digital-asset treasury strategy through newly formed subsidiary SovereignAI. The capital will fund diversification of corporate reserves into tokenized and blockchain-based assets anchored on the NEAR Protocol ecosystem. SovereignAI will handle liquidity operations, yield optimization, and on-chain compliance frameworks. Executives said the move aims to merge maritime finance with decentralized infrastructure. Market observers view the initiative as a rare institutional bridge between traditional shipping and digital-asset management platforms.
Explore:Mutual Fund AI Screening
positive
OceanPal completes $120 million PIPE to launch SovereignAI for digital-asset treasury backed by NEAR Protocol
2 days ago
1 min read
85 words
OceanPal closed a $120 million PIPE to fund SovereignAI, its digital-asset treasury unit focused on NEAR Protocol integration and blockchain-based reserve diversification.
Shipping company OceanPal Inc. finalized a $120 million private investment in public equity (PIPE) financing to accelerate its digital-asset treasury strategy through newly formed subsidiary SovereignAI. The capital will fund diversification of corporate reserves into tokenized and blockchain-based assets anchored on the NEAR Protocol ecosystem. SovereignAI will handle liquidity operations, yield optimization, and on-chain compliance frameworks. Executives said the move aims to merge maritime finance with decentralized infrastructure. Market observers view the initiative as a rare institutional bridge between traditional shipping and digital-asset management platforms.
Shipping company OceanPal Inc. finalized a $120 million private investment in public equity (PIPE) financing to accelerate its digital-asset treasury strategy through newly formed subsidiary SovereignAI. The capital will fund diversification of corporate reserves into tokenized and blockchain-based assets anchored on the NEAR Protocol ecosystem. SovereignAI will handle liquidity operations, yield optimization, and on-chain compliance frameworks. Executives said the move aims to merge maritime finance with decentralized infrastructure. Market observers view the initiative as a rare institutional bridge between traditional shipping and digital-asset management platforms.
Companies:
OceanPal Inc.
SovereignAI
Tags:
startups
OceanPal
startups
OceanPal
PIPE
digital assets
NEAR Protocol
treasury
Oct 28, 2025 • 17:45 IST