Skycorp Solar Group Ltd. Embraces Cryptocurrency Payments to Enhance Global Client Experience
Skycorp Solar Group (NASDAQ: PN), a manufacturer of solar cables and connectors, announced the integration of cryptocurrency payments into their business operations starting August 1, 2025. The company will accept major cryptocurrencies including Bitcoin, Ethereum, USDC, and USDT for international transactions.
The company also revealed plans to invest part of its cash reserves and project returns in Ethereum (ETH) as part of its treasury management strategy. All crypto transactions will be processed through licensed RWS providers with blockchain forensics capabilities, ensuring compliance with MAS and FATF regulations.
Skycorp Solar Group (NASDAQ: PN), produttore di cavi e connettori solari, ha annunciato l'integrazione dei pagamenti in criptovalute nelle proprie operazioni commerciali a partire dal 1 agosto 2025. L'azienda accetterà le principali criptovalute, tra cui Bitcoin, Ethereum, USDC e USDT, per le transazioni internazionali.
La società ha inoltre svelato l'intenzione di investire parte delle sue riserve di liquidità e dei rendimenti dei progetti in Ethereum (ETH) come parte della strategia di gestione della tesoreria. Tutte le transazioni in criptovalute saranno elaborate tramite fornitori RWS autorizzati con capacità di analisi forense della blockchain, garantendo la conformità alle normative MAS e FATF.
Skycorp Solar Group (NASDAQ: PN), fabricante de cables y conectores solares, anunció la integración de pagos con criptomonedas en sus operaciones comerciales a partir del 1 de agosto de 2025. La empresa aceptará las principales criptomonedas, incluyendo Bitcoin, Ethereum, USDC y USDT, para transacciones internacionales.
La compañía también reveló planes para invertir parte de sus reservas de efectivo y los rendimientos de sus proyectos en Ethereum (ETH) como parte de su estrategia de gestión de tesorería. Todas las transacciones con criptomonedas serán procesadas a través de proveedores RWS autorizados con capacidades de análisis forense blockchain, asegurando el cumplimiento con las regulaciones MAS y FATF.
Skycorp Solar Group (NASDAQ: PN)는 태양광 케이블 및 커넥터 제조업체로, 2025년 8월 1일부터 암호화폐 결제를 비즈니스 운영에 통합한다고 발표했습니다. 회사는 국제 거래에 대해 비트코인, 이더리움, USDC, USDT 등 주요 암호화폐를 수락할 예정입니다.
또한 회사는 재무 관리 전략의 일환으로 현금 보유액과 프로젝트 수익의 일부를 이더리움(ETH)에 투자할 계획을 공개했습니다. 모든 암호화폐 거래는 MAS 및 FATF 규정을 준수하며 블록체인 포렌식 기능을 갖춘 허가된 RWS 제공업체를 통해 처리됩니다.
Skycorp Solar Group (NASDAQ : PN), fabricant de câbles et connecteurs solaires, a annoncé l’intégration des paiements en cryptomonnaies dans ses opérations commerciales à partir du 1er août 2025. L’entreprise acceptera les principales cryptomonnaies, notamment Bitcoin, Ethereum, USDC et USDT, pour les transactions internationales.
L’entreprise a également révélé son intention d’investir une partie de ses réserves de trésorerie et des revenus de ses projets dans Ethereum (ETH) dans le cadre de sa stratégie de gestion de trésorerie. Toutes les transactions en cryptomonnaies seront traitées par des prestataires RWS agréés disposant de capacités d’analyse forensique de la blockchain, garantissant la conformité aux réglementations MAS et FATF.
Skycorp Solar Group (NASDAQ: PN), ein Hersteller von Solarkabeln und Steckverbindern, gab bekannt, dass ab dem 1. August 2025 Kryptowährungszahlungen in ihre Geschäftstätigkeiten integriert werden. Das Unternehmen wird wichtige Kryptowährungen wie Bitcoin, Ethereum, USDC und USDT für internationale Transaktionen akzeptieren.
Das Unternehmen kündigte außerdem Pläne an, einen Teil seiner Barreserven und Projekterträge in Ethereum (ETH) im Rahmen seiner Treasury-Management-Strategie zu investieren. Alle Krypto-Transaktionen werden über lizenzierte RWS-Anbieter mit Blockchain-Forensik-Fähigkeiten abgewickelt, um die Einhaltung der MAS- und FATF-Vorschriften sicherzustellen.
- Expansion of payment options to include major cryptocurrencies for international transactions
- Strategic investment in Ethereum as part of treasury management
- Implementation of regulated payment processing through licensed providers
- Exposure to cryptocurrency market volatility through ETH investments
- Regulatory risks associated with crypto adoption despite compliance measures
Ningbo, China, July 22, 2025 (GLOBE NEWSWIRE) -- Skycorp Solar Group Limited (the “Company”) (NASDAQ: PN), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, today announced the adoption of cryptocurrency as an accepted method of payment for international transactions, effective August 1, 2025. The Company will support leading digital assets, including Bitcoin (BTC), Ethereum (ETH), and major stablecoins such as USDC and USDT.
The Company also plans to allocate partial cash reserves and renewable energy project investment returns to strategic Ethereum (ETH) acquisitions as part of its long-term digital asset treasury management program.
“By integrating green energy, AI and ETH-based blockchain solutions, the Company is innovating for a sustainable future," said Weiqi Huang, Chairman and CEO of the Company, “The recent GENIUS Act establishes regulatory foundation for stablecoins and provides the trust and stability needed to seamlessly adopt digital payments. We believe investments in clean energy infrastructure and ETH staking align with long-term growth opportunities.”
To ensure the highest standards of regulatory compliance and transaction integrity, all digital currency payments will be processed through licensed RWS providers specializing in blockchain forensics. These transactions will be fully compliant with the regulatory frameworks established by the Monetary Authority of Singapore (MAS) and the Financial Action Task Force (FATF).
The Company remains committed to delivering innovative, secure, and sustainable energy solutions while embracing technologies that support operational excellence and global accessibility.
About Skycorp Solar Group Limited
Skycorp Solar Group Limited is a solar photovoltaic (PV) product provider focused on manufacturing and selling solar cables and connectors. Our operations are managed through our subsidiaries, including Ningbo Skycorp Solar Co., Ltd., in China.
The Company’s mission is to become a green energy solutions provider by utilizing solar power and delivering eco-friendly solar PV products. By leveraging the Company’s expertise in solar technologies and relationships with worldwide clients, it aims to expand offerings of solar PV products and energy solutions for enterprise customers. For more information, please visit: https://ir.skycorp.com/.
Forward-Looking Statement
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may”, “will”, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” “plan,” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For more information, please contact:
Skycorp Solar Group Limited
Cathy Li
Investor Relations
Email: ir@skycorp.com
Tel: +86 185 0252 9641 (CN)
WFS Investor Relations Inc.
Connie Kang
Partner
Email: ckang@wealthfsllc.com
Tel: +86 1381 185 7742 (CN)
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