OceanPal (SVRN) discloses $133M NEAR holdings and ticker change
OceanPal Inc. reports that its wholly owned subsidiary, SovereignAI Services LLC, held approximately 53.9 million NEAR tokens as of November 13, 2025, valued at about $133 million and representing around 4.2% of the total NEAR token supply.
Rhea-AI Filing Summary
OceanPal Inc. reports that its wholly owned subsidiary, SovereignAI Services LLC, held approximately 53.9 million NEAR tokens as of November 13, 2025, valued at about $133 million and representing around 4.2% of the total NEAR token supply. Since its inception on October 28, 2025, this digital asset treasury position has achieved an estimated 5.3% gross annual percentage yield before fees. The company also announces that its Nasdaq Capital Market trading symbol changed from “OP” to “SVRN”, with the new ticker effective November 17, 2025.
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Insights
OceanPal now discloses a large NEAR-based treasury and a Nasdaq ticker change to SVRN.
OceanPal Inc. has revealed that its subsidiary, SovereignAI Services LLC, holds about 53.9 million NEAR tokens, valued near $133,000,000 as of November 13, 2025. The company states this position is roughly 4.2% of total NEAR token supply, and that the holding has produced an approximately 5.3% gross annual percentage yield before fees since inception on October 28, 2025.
This disclosure clarifies that a portion of the corporate treasury is allocated to digital assets through SovereignAI’s NEAR token holdings, including both the scale of the position and the yield experience over the short period since inception. The report also notes that the information is incorporated by reference into existing Form F-3 registration statements, while the related press releases themselves are not incorporated.
Separately, the common stock now trades on the Nasdaq Capital Market under the ticker SVRN, replacing the prior symbol OP, effective November 17, 2025
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What digital assets does OceanPal Inc. (SVRN) disclose holding through its subsidiary?
What yield has SovereignAI Services LLC achieved on its NEAR token treasury?
What is OceanPal Inc.’s new Nasdaq ticker symbol and when did it become effective?
Are the press releases about NEAR holdings and the ticker change incorporated by reference into OceanPal’s registration statements?
Which OceanPal registration statements are referenced in connection with this Form 6-K?
AI-generated analysis. How Rhea-AI works. Not financial advice.