Classover Enters Strategic Partnership with BitGo to Fast-Track Solana Treasury Initiatives
Rhea-AI Summary
Classover (NASDAQ:KIDZ), an online learning platform, has entered into a strategic partnership with BitGo, a leading institutional digital asset infrastructure provider. The partnership, formalized through an MOU, includes a potential financing capacity of up to $900 million dedicated to Solana (SOL) acquisition initiatives.
The collaboration aims to integrate BitGo's regulated custody platform and blockchain infrastructure into Classover's platform, focusing on digital asset treasury management, enhanced treasury governance, and Solana-based financial innovation. The partnership will provide Classover with institutional-grade digital asset infrastructure to support its long-term Solana-based roadmap.
Positive
- None.
Negative
- Significant exposure to cryptocurrency market volatility through Solana focus
- Substantial shift from core education business model into crypto operations
- Execution risks in implementing complex blockchain infrastructure
News Market Reaction
On the day this news was published, KIDZ gained 3.83%, reflecting a moderate positive market reaction. Argus tracked a trough of -4.8% from its starting point during tracking. Our momentum scanner triggered 11 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $3M to the company's valuation, bringing the market cap to $74M at that time.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK, NY / ACCESS Newswire / July 14, 2025 / Classover Holdings, Inc. (NASDAQ:KIDZ)(NASDAQ:KIDZW) ("Classover" or the "Company"), a leading provider of live, interactive online learning, announced today that it has entered into a Strategic Partnership with BitGo, Inc., a global leader in institutional digital asset infrastructure, through the execution of a Memorandum of Understanding (MOU) between the two parties.
The objectives of the MOU are to formalize and establish details of a partnership aimed at integrating BitGo's blockchain infrastructure into Classover's platform and jointly exploring blockchain-based innovations.
The MOU acts as a roadmap for transitioning to more detailed and specific contracts. Such contracts would be aimed at allowing Classover to utilize BitGo's regulated custody platform and other services to manage and scale its digital asset treasury, backed by a total potential financing capacity of up to
The goal of the strategic partnership is to strengthen mutual trust and facilitate the realization of synergistic value between the two companies. By integrating BitGo's institutional-grade digital asset infrastructure with Classover's long-term Solana-based roadmap, it is hoped that the collaboration will deliver a secure, scalable foundation for blockchain-native treasury operations.
"Classover's Solana-centric strategy reflects leadership in institutional digital asset adoption." said Mike Belshe, CEO of BitGo. " As a strong and trusted partner to Classover, BitGo is honored to provide comprehensive digital asset services to support their vision. We will continue expanding the scope and impact of our collaboration."
"BitGo is the global benchmark for institutional digital asset services," said Ms. Luo, CEO of Classover. "We believe this partnership will ultimately help strengthen our Solana-based treasury strategy but also open new pathways for both sides to explore more possibilities. We're proud to take this first step with BitGo."
About Classover
Founded in 2020 and headquartered in New York, Classover has rapidly emerged as a leader in educational technology, specializing in live online courses for K-12 students worldwide. Offering a diverse curriculum tailored to different learning levels and interests, Classover empowers students through personalized instruction, innovative course design, and cutting-edge AI technology. From creativity-driven programs to competitive test preparation, Classover is dedicated to redefining education through accessible, high-quality learning experiences.
About BitGo
BitGo is the world's leading provider of institutional digital asset infrastructure, offering regulated custody, wallets, staking, trading, financing, and settlement services. Founded in 2013 with a focus on institutions, BitGo now supports over 2,000 clients across 90+ countries, including many of the industry's largest exchanges, asset managers, and platforms. As a critical backbone of the digital economy, BitGo secures a significant share of global crypto transactions and remains at the forefront of trusted, compliant digital asset operations. For more information, please visit www.bitgo.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on Classover's current beliefs, expectations and assumptions regarding the future of Classover's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of Classover's control including, but not limited to: Classover's ability to enter into definitive agreements relating to the strategic partnership with BitGo, of which there is no assurance; Classover's ability to execute its business model, including obtaining market acceptance of its products and services; Classover's financial and business performance, including financial projections and business metrics and any underlying assumptions thereunder; Classover's ability to maintain the listing of its securities on Nasdaq; changes in Classover's strategy, future operations, financial position, estimated revenue and losses, projected costs, prospects and plans; Classover's ability to attract and retain a large number of customers; Classover's future capital requirements and sources and uses of cash; Classover's ability to attract and retain key personnel; Classover's expectations regarding its ability to obtain and maintain intellectual property protection and not infringe on the rights of others; changes in applicable laws or regulations; and the possibility that Classover may be adversely affected by other economic, business, and/or competitive factors. These risks and uncertainties also include those risks and uncertainties indicated in the definitive proxy statement/prospectus included in the Registration Statement on Form S-4 filed by Classover in connection with its previously consummated business combination with Battery Future Acquisition Corp. Classover's actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements.
Any forward-looking statement made by Classover in this press release is based only on information currently available to Classover and speaks only as of the date on which it is made. Classover undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Contacts:
Classover Holdings Inc.
ir@classover.com
800-345-9588
SOURCE: Classover Holdings, Inc.
View the original press release on ACCESS Newswire
FAQ
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