"Blockchain company, Everything Inc., proceeds with separating Memestrategy division. Preparations underway for document Form S-1 filing for public memecoin treasury."
Everything Blockchain's MemeStrategy Spin-off Progresses Towards Becoming a Public Meme Asset Treasury
Everything Blockchain Inc. (OTC: EBZT), a public company focused on blockchain and cryptocurrency sectors, is actively progressing with its spin-off, MemeStrategy. The new entity aims to become the first public memecoin treasury vehicle, focusing on culturally significant tokens such as PEPE, BONK, and SPX6900.
The spin-off process has commenced with the filing of Form S-1, and Everything Blockchain plans to distribute shares of MemeStrategy to existing EBZT shareholders at a ratio of 1 MemeStrategy share for every 6 EBZT shares held, subject to regulatory approval.
MemeStrategy aspires to emulate the treasury model of MicroStrategy but tailored to the memecoin ecosystem, acting as a bridge between internet meme culture and traditional equity markets. The goal is to be "the most memeable stock" and potentially achieve inclusion in major financial indices like the S&P 500.
Regarding listing strategy, Everything Blockchain intends to pursue a potential uplisting of MemeStrategy on the NASDAQ through capital raising and strategic acquisitions. Alternatively, the company is exploring the TSX Venture Exchange in Toronto for a broader market reach and enhanced credibility.
Strategically, MemeStrategy is engaging with key communities behind the target tokens PEPE, BONK, and SPX6900 to shape its treasury and foster collaboration. The treasury will provide public market exposure to memecoin dynamics, treating these tokens as emerging cultural asset classes rather than mere speculative investments.
In summary, the status of the MemeStrategy spin-off is underway, with the shareholder distribution plan announced pending SEC approval. The focus is on accumulating memecoins, engaging with their respective communities, and pursuing listings on prominent exchanges. The ultimate mission is to create a transparent, publicly traded vehicle representing meme culture in traditional financial markets.
Everything Blockchain Inc. is also poised to become the first U.S. OTC-listed company to fully tokenize its equity. Arthur Rozenberg, CEO of Everything Blockchain Inc., can be reached at [email protected] for further information.
[1] Everything Blockchain Inc. press release, [date] [2] Cointelegraph article, [date] [3] Yahoo Finance article, [date] [4] GlobeNewswire article, [date] [5] BusinessWire article, [date]
- Everything Blockchain Inc.'s MemeStrategy spin-off, aiming to become the first public memecoin treasury vehicle, is filing Form S-1 and plans to distribute shares to existing EBZT shareholders at a ratio of 1:6 with regulatory approval.
- MemeStrategy, poised to emulate the treasury model of MicroStrategy but tailored to the memecoin ecosystem, aspires to be "the most memeable stock" and potentially achieve inclusion in major financial indices like the S&P 500.
- The treasury will provide public market exposure to memecoins such as PEPE, BONK, and SPX6900, treating these tokens as emerging cultural asset classes rather than mere speculative investments.
- Everything Blockchain is exploring the possibility of uplisting MemeStrategy on the NASDAQ or the TSX Venture Exchange in Toronto for broader market reach and enhanced credibility.
