Snail, Inc. Advances Stablecoin Initiative by Establishing a New Wholly Owned Subsidiary, Snail Coins LLC
Snail, Inc. (Nasdaq: SNAL), a global interactive digital entertainment developer, has established Snail Coins LLC, a wholly owned subsidiary dedicated to managing its USD-backed stablecoin initiative and digital asset operations.
The formation of this subsidiary follows the recent signing of the GENIUS Act, which creates a federal regulatory framework for USD-backed stablecoins. The company aims to develop a secure, regulated, and scalable digital asset ecosystem to address current market gaps in digital payments and on-chain financial infrastructure.
According to co-CEO Hai Shi, this strategic move aligns with the evolving regulatory landscape in digital finance and represents a commitment to developing compliant digital financial solutions.
Snail, Inc. (Nasdaq: SNAL), uno sviluppatore globale di intrattenimento digitale interattivo, ha creato Snail Coins LLC, una controllata al 100% dedicata alla gestione dell'iniziativa di stablecoin garantita in USD e alle operazioni di asset digitali.
La costituzione di questa controllata segue la recente approvazione del GENIUS Act, che istituisce un quadro normativo federale per le stablecoin garantite in USD. L'azienda mira a sviluppare un ecosistema di asset digitali sicuro, regolamentato e scalabile per colmare le attuali lacune di mercato nei pagamenti digitali e nell'infrastruttura finanziaria on-chain.
Secondo il co-CEO Hai Shi, questa mossa strategica è in linea con l'evoluzione del panorama normativo nella finanza digitale e rappresenta un impegno a sviluppare soluzioni finanziarie digitali conformi alle normative.
Snail, Inc. (Nasdaq: SNAL), un desarrollador global de entretenimiento digital interactivo, ha establecido Snail Coins LLC, una subsidiaria de propiedad total dedicada a gestionar su iniciativa de stablecoin respaldada en USD y operaciones de activos digitales.
La formación de esta subsidiaria sigue a la reciente firma del GENIUS Act, que crea un marco regulatorio federal para stablecoins respaldadas en USD. La compañía busca desarrollar un ecosistema de activos digitales seguro, regulado y escalable para cubrir las brechas actuales del mercado en pagos digitales e infraestructura financiera on-chain.
Según el co-CEO Hai Shi, este movimiento estratégico se alinea con la evolución del panorama regulatorio en finanzas digitales y representa un compromiso con el desarrollo de soluciones financieras digitales conformes.
Snail, Inc. (Nasdaq: SNAL)는 글로벌 인터랙티브 디지털 엔터테인먼트 개발사로서, USD 기반 스테이블코인 이니셔티브 및 디지털 자산 운영을 전담하는 100% 자회사인 Snail Coins LLC를 설립했습니다.
이 자회사 설립은 최근 USD 기반 스테이블코인에 대한 연방 규제 프레임워크를 마련한 GENIUS Act의 서명에 따른 것입니다. 회사는 현재 디지털 결제 및 온체인 금융 인프라 시장의 공백을 해소하기 위해 안전하고 규제된 확장 가능한 디지털 자산 생태계를 개발하는 것을 목표로 하고 있습니다.
공동 CEO인 Hai Shi에 따르면, 이 전략적 조치는 디지털 금융 분야의 변화하는 규제 환경에 부합하며, 규정을 준수하는 디지털 금융 솔루션 개발에 대한 의지를 나타냅니다.
Snail, Inc. (Nasdaq : SNAL), un développeur mondial de divertissement numérique interactif, a créé Snail Coins LLC, une filiale détenue à 100 % dédiée à la gestion de son initiative de stablecoin adossé au dollar américain et à ses opérations d'actifs numériques.
La création de cette filiale fait suite à la récente adoption du GENIUS Act, qui établit un cadre réglementaire fédéral pour les stablecoins adossés au dollar américain. L'entreprise vise à développer un écosystème d'actifs numériques sécurisé, réglementé et évolutif afin de combler les lacunes actuelles du marché en matière de paiements numériques et d'infrastructures financières on-chain.
Selon le co-PDG Hai Shi, cette démarche stratégique s'aligne sur l'évolution du paysage réglementaire de la finance numérique et témoigne de l'engagement à développer des solutions financières numériques conformes.
Snail, Inc. (Nasdaq: SNAL), ein globaler Entwickler interaktiver digitaler Unterhaltung, hat Snail Coins LLC gegründet, eine hundertprozentige Tochtergesellschaft, die sich der Verwaltung ihrer USD-gestützten Stablecoin-Initiative und digitalen Vermögenswerte widmet.
Die Gründung dieser Tochtergesellschaft folgt auf die kürzliche Verabschiedung des GENIUS Act, der einen bundesweiten Regulierungsrahmen für USD-gestützte Stablecoins schafft. Das Unternehmen verfolgt das Ziel, ein sicheres, reguliertes und skalierbares digitales Vermögensökosystem zu entwickeln, um bestehende Marktlücken im Bereich digitaler Zahlungen und On-Chain-Finanzinfrastruktur zu schließen.
Dem Co-CEO Hai Shi zufolge entspricht dieser strategische Schritt dem sich wandelnden regulatorischen Umfeld im Bereich der digitalen Finanzen und stellt ein Bekenntnis zur Entwicklung konformer digitaler Finanzlösungen dar.
- Strategic expansion into digital finance through dedicated stablecoin subsidiary
- Timing advantage with new regulatory framework (GENIUS Act) supporting stablecoin operations
- Potential for new revenue streams through digital payments and financial infrastructure
- Entering highly competitive stablecoin market with established players
- Regulatory compliance costs and risks in new financial sector
- Deviation from core gaming business model into untested territory
Insights
Snail's new subsidiary for stablecoin development leverages favorable regulatory environment, signaling strategic expansion into digital assets.
Snail, Inc.'s establishment of Snail Coins LLC represents a strategic pivot into the rapidly evolving digital asset space, specifically targeting the stablecoin market. This move is particularly well-timed following the signing of the GENIUS Act, which creates a federal regulatory framework for USD-backed stablecoins. This regulatory clarity removes a significant barrier that has historically impeded mainstream financial institutions from fully embracing stablecoin technology.
The company is positioning itself at the intersection of gaming and financial technology by leveraging its existing technical infrastructure and user base from its interactive entertainment business. For gaming companies, stablecoins offer particular utility in facilitating in-game economies, cross-border transactions, and potentially reducing payment processing fees that currently eat into gaming revenue margins.
However, this initiative faces significant challenges. The stablecoin market is already dominated by established players like Tether (USDT) and USD Coin (USDC), which collectively control over
This subsidiary formation suggests Snail is making a substantial commitment rather than merely exploring blockchain technology superficially. By creating a dedicated entity, the company appears to be preparing for the operational, legal, and financial requirements of managing digital assets at scale – indicating serious long-term investment rather than a temporary market-trend response.
CULVER CITY, Calif., July 22, 2025 (GLOBE NEWSWIRE) -- Snail, Inc. (Nasdaq: SNAL) (“Snail Games” or the “Company”), a leading global independent developer and publisher of interactive digital entertainment, today provided an update on its recently announced stablecoin initiative, establishing Snail Coins LLC, a wholly owned subsidiary of the Company, to serve as the dedicated entity responsible for the issuance, management, and operations of its proprietary USD-backed stablecoin project and other broader digital asset management initiatives.
This move marks a milestone in the Company’s broader stablecoin initiative and broader digital asset management strategy, underscoring the Company’s plans to build a secure, scalable, and transparent digital asset ecosystem.
The stablecoin project is aimed at delivering a secure, regulated, and scalable solution that addresses current market gaps in digital payments and on-chain financial infrastructure. The recent signing of the GENIUS (Guiding and Establishing National Innovation for U.S. Stablecoins) Act into law — which establishes a federal regulatory framework for USD-backed stablecoins — creates a more uniform regulatory structure for stablecoin and has added momentum to the Company’s exploration of a proprietary stablecoin initiative. The Company believes this new regulatory development will enhance market trust, attract institutional interest, and accelerate the broader adoption of compliant digital financial solutions.
“With the GENIUS Act signed into law, we believe the regulatory landscape is beginning to align with the pace of innovation in digital finance,” said Snail, Inc. co-CEO Hai Shi. “The timing of this development couldn’t be more aligned with our own efforts, as we now establish a dedicated subsidiary for our stablecoin and our broader digital asset management initiatives. We view the formation of Snail Coins LLC as more than a corporate structuring move – it’s the beginning of a strategic commitment to the integrity, success, and vision of the project.”
About Snail, Inc.
Snail, Inc. (Nasdaq: SNAL) is a leading, global independent developer and publisher of interactive digital entertainment for consumers around the world, with a premier portfolio of premium games designed for use on a variety of platforms, including consoles, PCs, and mobile devices. For more information, please visit: https://snail.com/.
Forward-Looking Statements
This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as "anticipate," "believe," "could," "expect," "should," "plan," "intend," "may," "predict," "continue," "estimate" and "potential," or the negative of these terms or other similar expressions. Forward-looking statements appear in a number of places in this press release and in our public filings with the SEC and include, but are not limited to, statements regarding (i) the evaluation and feasibility for introduction of Snail’s own proprietary stablecoin and any future implementation, which will depend on multiple factors, including regulatory considerations, technical readiness, risk assessments and strategic alignment with Snail’s core business, and (ii) Snail’s belief that the GENIUS Act will enhance market trust, attract institutional interest, and accelerate the broader adoption of compliant digital financial solutions. You should carefully consider the risks and uncertainties described in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, which was filed by the Company with the SEC on March 26, 2025 and other documents filed by the Company from time to time with the SEC, including the Company's Forms 10-Q filed with the SEC. The Company does not undertake or accept any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.
Disclaimer:
This press release does not constitute an offer, sale or solicitation of an offer to buy any digital asset or security. The Company has not committed to a specific launch timeline or use case deployment. Any future implementation will depend on multiple factors, including regulatory considerations, technical readiness, risk assessments and strategic alignment with Snail’s core business. Snail may determine at any time to abandon its current intent to explore the issuance of a proprietary US dollar-backed stablecoin.
Investor Contact:
John Yi and Steven Shinmachi
Gateway Group, Inc.
949-574-3860
SNAL@gateway-grp.com
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