Welcome to our dedicated page for Metalpha Tech news (Ticker: MATH), a resource for investors and traders seeking the latest updates and insights on Metalpha Tech stock.
Metalpha Technology Holding Limited (Nasdaq: MATH) features regularly in digital asset and fintech news due to its focus on digital asset-focused wealth management and blockchain and trading technology solutions. This news page aggregates coverage of the company’s announcements, partnerships, capital raises, and financial disclosures, offering readers a centralized view of how Metalpha is positioning itself within the institutional digital asset ecosystem.
News about Metalpha often highlights its institutional-grade platform for virtual asset-linked wealth management products and services. Articles include updates on collaborations with regulated financial institutions, such as its partnership with AMINA Bank AG on digital asset wealth management solutions and the distribution of a crypto equity fund for qualified professional investors in Hong Kong. Coverage also extends to its strategic work with ecosystem partners like DogeOS, where Metalpha supports efforts to expand Dogecoin’s role as a platform for applications in areas such as gaming, decentralized finance, and AI-related use cases.
Investors and observers can also find news on Metalpha’s involvement in the crypto mining ecosystem, including its Crypto Mining Sustainable Partnership Program, the development of a Bitcoin Miner Index and related stock fund with Antalpha and FTSE Russell, and collaborations with the Litecoin Foundation and academic institutions on mining and sustainability topics. Financial news items report on Metalpha’s audited annual results, its transition to positive net profit in a recent fiscal year, and its private placements with institutional investors like Gortune and Avenir Group.
By following this page, readers can track Metalpha’s announcements on exchange listings, such as its Frankfurt Stock Exchange listing under ticker D92, governance updates, new advisory appointments, and initiatives that connect traditional finance with digital assets. The news feed provides a structured way to monitor how Metalpha’s strategy, partnerships, and product offerings evolve over time.
Metalpha Technology Holding (NASDAQ: MATH) has announced the adoption of the Antalpha BTC Mining Index for its Bitcoin mining stocks fund. This index, launched by Antalpha and FTSE Russell, selects the top ten publicly traded US Bitcoin mining companies. Metalpha's fund, managed by its subsidiary LSQ Capital , will use this index as a benchmark for investments.
The company, a major crypto derivatives trader in Asia, offers tailored wealth management and hedging solutions to financial institutions. Metalpha previously launched a GBTC fund that has seen significant gains, outperforming Bitcoin by about 39%. The new equity fund aims to provide investors with Bitcoin exposure through mining companies, responding to high demand for long-term growth opportunities in the Bitcoin mining industry.
Metalpha Technology Holding (Nasdaq: MATH) has received a notification from Nasdaq regarding non-compliance with listing rules due to the delayed filing of its annual report (Form 20-F) for the fiscal year ended March 31, 2024. The company has until October 14, 2024, to submit a compliance plan to Nasdaq. If accepted, Metalpha could be granted an extension until February 10, 2025, to regain compliance.
The delay in filing is attributed to additional time needed for report preparation. Metalpha assures it is working diligently to complete and file the 2024 Form 20-F as soon as possible. This notification does not immediately affect the listing or trading of Metalpha's ordinary shares on the Nasdaq Capital Market.
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On April 3, 2023, Metalpha Technology Holding Limited (NASDAQ: MATH) announced that it has regained compliance with the Nasdaq's minimum bid price requirement. Following a notice from Nasdaq on March 31, the company's ordinary shares maintained a closing bid price of at least $1.00 for 19 consecutive business days. This marks a significant turnaround from a previous notification on September 21, 2022, when the company was deemed not in compliance. Metalpha, founded in 2015, aims to lead in crypto wealth management services and remains committed to innovation and transparency in its operations.
Metalpha Technology Holding Limited (NASDAQ: MATH) reported its preliminary unaudited financial results for the first half of 2023. The company experienced a remarkable growth in trading revenue, which surged over 3,000% from approximately $122,000 in the second half of 2022 to about $3.9 million in the first half of 2023. Derivative product issuance also increased significantly, rising over 300% to around $198 million. The total revenue from continuing operations climbed to approximately $3.9 million, a 320% increase. The net loss decreased to approximately $4.9 million, a 30% reduction from the previous period.