A Nasdaq-listed energy firm unveiled a new partnership designed to offer institutional investors indirect crypto exposure through an equity-based structure rather than direct token purchases.
Through its digital asset arm, the company plans to source shares of a technology firm for an Asia-based asset manager. The structure involves setting up a dedicated investment vehicle that will hold these shares, aiming primarily at institutional and qualified investors.
The initial target size is set at around $300 million, a level that could translate into several hundred million dollars of indirect crypto-linked exposure based on current market valuations. The company noted that it will not deploy its own balance sheet capital and instead expects to earn management fees and performance-based income.
This move reflects a broader strategy shift seen over recent months, as the firm has streamlined its digital asset focus around a single ecosystem. Previous steps included restructuring treasury operations and financial tools to align with this narrowed strategic direction.
