Synaptogenix Announces Name Change to TAO Synergies and New Ticker Symbol "TAOX" for Alignment with AI-Focused Crypto Treasury Strategy
Synaptogenix (NASDAQ: SNPX) announced its rebranding to TAO Synergies Inc. and will begin trading under the new ticker symbol "TAOX" on July 1, 2025. The company is pivoting its strategy to focus on TAO, the leading AI token by market capitalization and adoption.
The company has initiated staking of TAO tokens to generate revenue through both staking yield and token appreciation. Executive Chairman Joshua Silverman emphasized this transition as a strategic move to create long-term shareholder value. A new corporate website detailing the company's TAO integration will launch in summer 2025.
Synaptogenix (NASDAQ: SNPX) ha annunciato il cambio di nome in TAO Synergies Inc. e inizierà a essere quotata con il nuovo simbolo "TAOX" dal 1° luglio 2025. L'azienda sta modificando la propria strategia per concentrarsi su TAO, il token AI leader per capitalizzazione di mercato e adozione.
La società ha avviato lo staking dei token TAO per generare ricavi sia tramite rendimenti da staking sia dall'apprezzamento del token. Il Presidente Esecutivo Joshua Silverman ha sottolineato che questa transizione rappresenta una mossa strategica per creare valore a lungo termine per gli azionisti. Un nuovo sito web aziendale, che illustrerà l'integrazione con TAO, sarà lanciato nell'estate 2025.
Synaptogenix (NASDAQ: SNPX) anunció su cambio de nombre a TAO Synergies Inc. y comenzará a cotizar bajo el nuevo símbolo "TAOX" el 1 de julio de 2025. La compañía está cambiando su estrategia para enfocarse en TAO, el token de IA líder por capitalización de mercado y adopción.
La empresa ha iniciado el staking de tokens TAO para generar ingresos tanto por rendimiento del staking como por la apreciación del token. El presidente ejecutivo Joshua Silverman destacó esta transición como un movimiento estratégico para crear valor a largo plazo para los accionistas. Un nuevo sitio web corporativo que detalla la integración con TAO se lanzará en el verano de 2025.
Synaptogenix (NASDAQ: SNPX)는 사명을 TAO Synergies Inc.로 변경하고 2025년 7월 1일부터 새로운 티커 심볼 "TAOX"로 거래를 시작한다고 발표했습니다. 회사는 시장 가치와 채택 면에서 선도적인 AI 토큰인 TAO에 집중하는 전략으로 전환하고 있습니다.
회사는 TAO 토큰 스테이킹을 시작하여 스테이킹 수익과 토큰 가치 상승을 통해 수익을 창출하고 있습니다. 최고경영자 조슈아 실버먼은 이 전환이 장기적인 주주 가치를 창출하기 위한 전략적 조치라고 강조했습니다. TAO 통합 내용을 담은 새로운 기업 웹사이트는 2025년 여름에 공개될 예정입니다.
Synaptogenix (NASDAQ : SNPX) a annoncé son changement de nom en TAO Synergies Inc. et commencera à être cotée sous le nouveau symbole boursier "TAOX" à partir du 1er juillet 2025. L'entreprise réoriente sa stratégie pour se concentrer sur TAO, le principal token IA en termes de capitalisation boursière et d'adoption.
L'entreprise a lancé le staking des tokens TAO afin de générer des revenus à la fois par le rendement du staking et par l'appréciation du token. Le président exécutif Joshua Silverman a souligné que cette transition représente une démarche stratégique visant à créer de la valeur à long terme pour les actionnaires. Un nouveau site web corporate détaillant l'intégration de TAO sera lancé à l'été 2025.
Synaptogenix (NASDAQ: SNPX) gab bekannt, dass es sich in TAO Synergies Inc. umbenennt und ab dem 1. Juli 2025 unter dem neuen Tickersymbol "TAOX" gehandelt wird. Das Unternehmen stellt seine Strategie um und fokussiert sich auf TAO, das führende KI-Token nach Marktkapitalisierung und Akzeptanz.
Das Unternehmen hat mit dem Staking von TAO-Token begonnen, um Einnahmen sowohl durch Staking-Erträge als auch durch Wertsteigerung der Token zu erzielen. Vorstandsvorsitzender Joshua Silverman betonte, dass dieser Übergang ein strategischer Schritt zur Schaffung langfristigen Shareholder-Value sei. Eine neue Unternehmenswebsite, die die TAO-Integration detailliert darstellt, wird im Sommer 2025 starten.
- Strategic pivot to focus on TAO, the leading AI token by market capitalization
- Revenue generation potential through TAO token staking and appreciation
- Clear alignment with growing AI and cryptocurrency markets
- Complete departure from previous business model introduces execution risk
- High exposure to cryptocurrency market volatility
- Dependency on single digital asset (TAO) performance
New trading symbol "TAOX" effective Tuesday, July 1, 2025,
New name represents Company's strategic focus on the synergies between cryptocurrency and AI
TAO is the leading AI token by market capitalization and adoption. As part of its strategy, the Company has begun staking TAO to generate revenue, capitalizing on both staking yield and the growth of the token.
"We are excited to introduce TAO Synergies Inc. and its new ticker symbol TAOX, a rebranding that aligns with our exclusive focus on TAO and its long-term growth potential," said Executive Chairman Joshua Silverman. "This transition represents a pivotal moment in our commitment to digital assets, positioning us to create long-term value for our shareholders. TAO's role in the AI ecosystem makes it an ideal asset to drive this new strategic direction."
More information about TAO Synergies and its integration with TAO will be available on the new corporate website to be launched this summer.
About TAO Synergies
TAO Synergies Inc. (formerly Synaptogenix, Inc.) is the first pure-play public company focused on the convergence between cryptocurrency and artificial intelligence (AI). The Company's differentiated cryptocurrency treasury strategy is centered exclusively on the acquisition of TAO, the native cryptocurrency of Bittensor, a decentralized blockchain network for machine learning and AI. TAO Synergies Inc. seeks to stake TAO for revenue generation and capital appreciation, a strategy that underscores its mission to create significant value for shareholders.
Forward-Looking Statements
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Such forward-looking statements are subject to risks and uncertainties and other influences, many of which the Company has no control over. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. These and other factors are identified and described in more detail in the Company's filings with the Securities and Exchange Commission. The Company does not undertake to update these forward-looking statements.
Contact
800-811-5591
ir@synaptogen.com
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SOURCE Synaptogenix, Inc.
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