Everything Blockchain (OTC: EBZT) announced plans to invest $10 million across five prominent crypto tokens: XRP, Solana (SOL), Sui (SUI), Hyperliquid (HYPE), and Bittensor (TAO). This initiative marks the first multi-token staking treasury managed by a publicly listed U.S. company.
The company aims to generate approximately $1 million annually through staking rewards at current network rates, intending to distribute a significant portion of these rewards to its shareholders, potentially pioneering a crypto dividend strategy in public equity markets.
By staking these assets, Everything Blockchain seeks to turn idle crypto tokens into active income streams rather than passive holdings. The investment spans both established projects like XRP and SOL and emerging networks such as SUI, HYPE, and TAO, reflecting a focused yet diversified strategy.
The move positions Everything Blockchain ahead of anticipated ETF approvals for Solana, XRP, SUI, and Hyperliquid, with backing from several institutional investors and supportive regulatory developments increasing ETF approval probabilities.
The company's approach offers retail investors indirect access to staking rewards through EBZT shares—an attractive proposition for those not operating wallets or validators themselves. Additionally, the firm plans to pursue Nasdaq uplisting to attract further institutional capital.
This new model for corporate crypto treasuries reflects a growing trend among public firms that are increasingly leveraging staking to create yield on crypto reserves, setting a precedent that may influence Wall Street and broader institutional crypto adoption.