VANCOUVER - DMG Blockchain Solutions Inc. (TSX-V:DMGI), currently trading at $0.25 with a 17% year-over-year revenue growth, announced Wednesday it has engaged a consultant to assess and implement institutional-grade treasury management within the regulated custody platform operated by its wholly owned subsidiary, Systemic Trust Company. According to InvestingPro analysis, the company maintains a healthy current ratio of 2.61, indicating strong short-term liquidity. The platform would provide custody services for both DMG and Systemic Trust’s clients. The company is currently ranked 54th among top public Bitcoin treasury companies according to BitcoinTreasuries.net. With revenue of $26.74 million in the last twelve months and a gross profit margin of 38.6%, DMG shows potential in the digital asset custody space. DMG’s digital asset portfolio currently consists solely of Bitcoin, though the company stated it is considering the inclusion of other digital assets. To support the platform, DMG may utilize its existing Bitcoin holdings, add proceeds from its mining operations, or raise additional capital. "Investors are moving beyond ETFs and HODLing. They want strategies that actively build digital asset value," said Sheldon Bennett, DMG’s CEO, in the press release. The company noted that digital asset treasuries have recently gained attention for their potential to generate net asset value premiums through active management, compared to exchange-traded funds that typically trade in line with their underlying assets. Systemic Trust Company, fully regulated under the Alberta Loans and Trust Corporations Act, combines regulatory compliance with technology and insurance coverage for digital asset custody. DMG Blockchain Solutions describes itself as a vertically integrated blockchain and data center technology company that manages, operates and develops digital solutions to monetize the digital asset and artificial intelligence compute ecosystems. The announcement comes as more companies explore ways to actively manage digital asset holdings beyond simply holding them on balance sheets. InvestingPro analysis suggests DMG is currently undervalued, with a price-to-book ratio of 0.68, making it an interesting player in the evolving digital asset management landscape. For detailed insights and more exclusive metrics about DMG’s growth potential, investors can access additional ProTips on InvestingPro. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
DMG Blockchain engages consultant to implement treasury management
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