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MetaStreet Expands NodeFi Coverage with First Ever Onchain DePIN Financing Pool on Arbitrum, $3.3M Posted As Collateral

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Tactical Compute (TACOM) provides hardware collateral, with Metaversal Asset Management anchoring the pool with $415K in debt capital

SINGAPORE, Dec. 20, 2024 /PRNewswire/ — Tactical Compute (TACOM), a new AI-technology focused investment vehicle launched by Aethir, MetaStreet, and Beam is driving innovation with the first-ever onchain financing deal for decentralized physical infrastructure (DePIN) assets. TACOM’s $3.3 million mobile chip contract, which is leased onchain through Aethir, was tokenized in order to be used as collateral on MetaStreet’s DePIN Financing Pool on Arbitrum. This deal is anchored by $415K in debt capital from Metaversal, showcasing how onchain capital markets can unlock liquidity to support the growth of DePIN infrastructure.

By allowing hardware owners to access onchain liquidity, MetaStreet addresses the longstanding challenge faced by DePIN network participants who often rely on costly upfront investments to support their operations.

This development builds on TACOM’s $40 million fundraise, which focuses on financing critical technologies at the intersection of AI and crypto. MetaStreet, a leader in Object-Oriented Finance, provides expertise in onchain lending for traditionally hard-to-finance assets, while Arbitrum’s Layer 2 blockchain ensures scalability and a robust DeFi ecosystem. Metaversal’s expertise in credit underwriting has been key to enabling this innovative financing model.

Addressing Liquidity Challenges in DePIN
Mobile chips, GPUs, and other hardware represent immense cash flow potential, yet traditional financing options are often inflexible, inefficient, or entirely unavailable for hardware providers in DePIN networks. By tokenizing these assets and integrating them into onchain capital markets, MetaStreet unlocks liquidity for providers like TACOM and creates new yield opportunities for institutional lenders like Metaversal.

Unlocking Liquidity Through Tokenization and Lending
TACOM’s $3.3 million mobile chip contract is tokenized through Permian Labs, the developer of MetaStreet, as NFTs on Arbitrum’s efficient Layer 2 blockchain. These NFTs represent legal ownership and can be used in DeFi applications. The tokenized assets are pledged as collateral in MetaStreet’s lending pools, allowing borrowers to access liquidity and lenders to earn yield.

In the event of default, the NFTs are auctioned onchain, with proceeds returned to lenders. Buyers of the NFTs can redeem the physical hardware. The initial loan of $415K from Metaversal highlights how innovative lending structures make DeFi liquidity accessible for assets traditionally difficult to finance.

Why Arbitrum?
Arbitrum’s scalable infrastructure and robust DeFi ecosystem make it the ideal network for this initiative. As the largest  Layer 2 blockchain by TVL, it offers low fees and operational efficiency, enabling the seamless integration of tokenized real-world assets into decentralized finance.

MetaStreet: Innovators in Object-Oriented Finance
MetaStreet specializes in enabling onchain liquidity for hard-to-trade assets, making it uniquely positioned to bring hardware financing into DeFi. Its lending infrastructure supports the creation of liquid, yield-bearing assets, advancing the integration of real-world assets into blockchain-based systems.

“This is a major step for DeFi and depin financing,” said Conor Moore, Co-Founder of Permian Labs. “By bringing GPUs and mobile chips onchain, we’re unlocking new liquidity for assets traditionally hard to finance. Arbitrum’s scalability and strong DeFi ecosystem make it the perfect platform for this innovation, and we’re excited to build in an environment that supports emerging while working with institutional lenders like Metaversal to pioneer DePINfi.”

A New Frontier for DePIN Financing
This development redefines DePIN financing by combining TACOM’s focus on AI technology, MetaStreet’s expertise in onchain structured financing, Metaversal’s institutional capital support, and Arbitrum’s advanced blockchain infrastructure. Together, these efforts create a scalable, efficient, and secure pathway for financing physical infrastructure onchain and supporting the growth of AI and compute supply.

About Tactical Compute (TACOM)
Tactical Compute (TACOM) is a $40 million investment vehicle launched by Aethir, MetaStreet, and Beam. With a flexible approach using hardware, mining, equity, tokens, and yield strategies, TACOM supports and accelerates the growth of emerging Crypto x AI protocols and networks through bespoke, innovative deals.

About MetaStreet
MetaStreet is at the forefront of the Object-Oriented Finance (OOF) revolution, transforming onchain objects into financial assets. Developed by Permian Labs, MetaStreet offers tools to unlock liquidity and maximize yield across traditionally hard-to-trade objects like NFTs, nodes, GPUs, and real-world assets. Since its inception, MetaStreet has facilitated over $400 million in lending. Incubated by Binance Labs and backed by Dragonfly, DCG, Alliance, and Nascent, MetaStreet is pioneering the future of decentralized finance for all onchain assets.

About Arbitrum
Arbitrum is a customizable, interoperable set of solutions designed to bring businesses and people onchain. Its flagship blockchain, Arbitrum One, dominates L2 TVL with deep liquidity and streamlined deployment capabilities, powering dApp innovation across DeFi, DePIN, gaming, and other verticals. Additional technologies like Orbit, which enables the development of customizable, interconnected chains leveraging the Arbitrum ecosystem, and Stylus, supporting Rust and C++, push Arbitrum to the forefront of pioneering innovation in blockchain development.

About Aethir
Aethir is a decentralized cloud platform delivering scalable, high-performance computing infrastructure for Web3. Its global network of nodes enables efficient and reliable compute services, empowering the next generation of decentralized applications.

About Metaversal
Metaversal is a first-of-its-kind Web3 venture studio focused on reimagining ownership through decentralized technologies. Its mission is to give everyone a share in the future they help build.

Contact:
arbitrumpr@mgroupsc.com 

View original content:https://www.prnewswire.com/news-releases/metastreet-expands-nodefi-coverage-with-first-ever-onchain-depin-financing-pool-on-arbitrum-3-3m-posted-as-collateral-302337433.html

SOURCE Arbitrum Foundation, Aethir and MetaStreet

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Mega Matrix Inc. Announced that Romantic Drama Micro-drama “Runaway Billionaire Becomes My Groom” Now Streaming on FlexTV

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SINGAPORE, Jan. 13, 2025 /PRNewswire/ — Mega Matrix Inc. (NYSE American: MPU) announced that the romantic drama short drama Runaway Billionaire Becomes My Groom has officially launched on FlexTV, the leading global short-form streaming platform operated by Mega Matrix Inc. (NYSE American: MPU), as of January 9. What begins as a hasty engagement driven by impulsive emotions unexpectedly leads the two protagonists on a passionate and healing journey of love.

Liana, in a moment of extreme heartbreak, impulsively marries Jacob, a billionaire with hidden secrets. As time passes, their relationship gradually develops into something sincere and deep. However, their love faces serious challenges when confronted with meddling exes, family disputes, and corporate power struggles.

Liana’s ex-boyfriend, still holding on to feelings for her, attempts to sabotage her new life, while Jacob finds himself entangled in fierce power struggles within his company, threatening their fragile new relationship.

MPU operates the globally leading short-form streaming platform FlexTV, currently offering short-form content in over 100 countries, with versions in multiple languages including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic. FlexTV has gained global popularity for its high-quality content and exceptional user experience. Runaway Billionaire Becomes My Groom is now available for streaming on FlexTV, showcasing to viewers that true love requires mutual effort and understanding, as well as the courage to face and overcome the various challenges life presents. For more exciting content, please visit https://www.flextv.cc/.

#LoveAfterMarriage #Romance #Urban #Billionaire #ShortSeries #FlexTV #MPU

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd.. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to execute the strategic cooperation with TopReels, ability to obtain additional financing in the future to fund capital expenditures; ability to establish the investment fund with 9 Yards Communications under the memorandum of understanding; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company’s profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company’s future results of operations are subject to additional risks and uncertainties set forth under the “Risk Factors” in documents filed by the Company’s predecessor, Mega Matrix Corp., with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K, as amended, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company’s inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company’s assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

 

 

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SOURCE Mega Matrix Inc.

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Wi-Charge Empowers Large Format E Ink Posters with Wireless Electricity, Unlocking Limitless Communication Across Industries

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TEL AVIV, Israel, Jan. 13, 2025 /PRNewswire/ — Wi-Charge, the global leader in wireless electricity, announced today that it is now powering E Ink’s large-format Spectra 6 color panels. E Ink poster-size displays, ranging from 13 inches to 40 inches in size, can now be powered over the air and be installed anywhere without laying cables or replacing batteries. The combined Wi-Charge and E Ink technology, called the Wi-Poster, dramatically opens up opportunities for organizations to deliver the right messages at the right place to their customers, without limitations.

Wi-Charge’s breakthrough and patented infrared wireless electricity eliminates the significant cost and complexity of installing and moving digital signage, even in hard-to-reach areas. By safely and efficiently delivering electric power over the air through infrared light, Wi-Charge simplifies operations, reduces maintenance costs, and offers a sustainable, flexible solution for digital signage across a wide range of industries.

“We are excited to extend the impact and reach of E Ink displays through Wi-Charge wireless power, enabling organizations to make frequent updates to their content without limitations,” said Ori Mor, co-founder and chief business officer, Wi-Charge. “By removing the constraints of wires and batteries, Wi-Charge and E Ink are revolutionizing how businesses engage their audiences and easily deliver dynamic, timely messaging.”

Wi-Poster from Wi Charge delivers a number of new capabilities and benefits to companies using E-Ink, including:

Durable, One-Sided or Double-Sided Displays: The elegant Wi-Poster display is made with premium Gorilla Glass.Deliver Fresh and Timely Messages: By eliminating concerns about draining batteries from overuse, organizations can update content on the E Ink displays as many times as they want.Flexible Positioning: Wi-Charge wireless power enables organizations to position the Wi-Poster E Ink display in the ideal place where it can be seen, not where the nearest plug is located.Broad Relevance Across Industries: From retail to financial institutions to transit hubs, Wi-Charge adapts to each unique environment, offering a seamless solution for digital signageSustainable: By delivering reliable, energy-efficient power to E Ink displays high-wattage LCDs, paper waste and cable installations are eliminated.

“C3 customers rely on us to provide the ideal technology solutions to drive their businesses forward, and Wi-Charge’s wireless power solutions change the game and open up unimaginable possibilities,” said Tony Mahadevan, CEO, C3 Labs. “Through the integration of wireless power with E Ink’s poster-size displays, C3 can offer digital signage to offices and retail space, eliminating their concerns about wires or frequent charging.”

“Today’s hyper-connected consumers expect seamless, immersive in-store experiences that integrate digital interactions at the point of engagement,” said Jason Elmaleh, CEO, Commersive Solutions. “Partnering with Wi-Charge, we’re combining E Ink displays with wireless power to help retailers deliver timely and impactful messages without relying on costly, hardwired solutions. At Commersive, we’re committed to driving the future of retail through smarter, more dynamic in-store solutions.”

For organizations interested in getting additional information on the E Ink displays powered by Wi-Charge, please contact info@wi-charge.com or visit www.wi-charge.com/wi-poster

About Wi-Charge
Wi-Charge is a long-range wireless power company founded to enable automatic charging of cell phones and other smart devices. Our patented infrared wireless power technology can safely and efficiently deliver several watts of power to client devices over room-sized distances. Giving end-users freedom and product designers the power they need for the next generation of mobile smart devices, Wi-Charge is the power of the future, beyond batteries and power cords. For more information, visit http://www.wi-charge.com or follow us on LinkedIn.

Contact
Merrill Freund
merrill@freundpr.com
415-577-8637

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SOURCE Wi-Charge

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Stratejm Launch First MSSP Offering in Canada Featuring Nozomi Networks Vantage Cloud Platform for Unified Security Monitoring and Risk Management

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TORONTO, Jan. 13, 2025 /CNW/ — Nozomi Networks, a leader in operational technology (OT) and Internet of Things (IoT) cybersecurity, and Stratejm, a Bell Canada Company, Canada’s premier Managed Security Service Provider (MSSP), are excited to announce Stratejm as the first MSSP in Canada to integrate the Nozomi Vantage™ cloud platform. This collaboration brings a breakthrough in comprehensive security monitoring and risk management across OT, IoT, IT, edge, and cloud assets – all unified through a single pane of glass.

Stratejm’s renowned Security-as-a-Service (SECaaS) will now offer customers the Nozomi Vantage platform, which extends security visibility, asset management, and risk assessment across an unlimited number of sites, regions, and teams. With this integration, Stratejm will empower Canadian enterprises to leverage Nozomi’s cutting-edge technology through a scalable and seamless service, enabling advanced vulnerability assessment, threat detection, and response.

“As the first MSSP in Canada to offer the Nozomi Vantage platform, we are thrilled to continue advancing Stratejm’s cybersecurity solutions, now with unparalleled support for OT and IoT environments,” said John Menezes, President & CEO of Stratejm. “Through our Security-as-a-Service platform, we are addressing the expanding digital landscape and meeting Canadian enterprises’ needs for a unified, scalable, and cost-effective security solution.”

The Nozomi Vantage cloud platform provides customers with:

Single Pane of Glass Visibility: A unified dashboard that simplifies security management across OT, IoT, IT, edge, and cloud environments.Enhanced Asset Management: A comprehensive view of all assets across multiple locations to identify and manage critical systems and endpoints.Advanced Threat Detection and Response: Streamlined detection, investigation, and response capabilities across OT, IoT, and IT environments.Integrated Vulnerability Management: Continual assessment of potential vulnerabilities to proactively mitigate risk.

“Partnering with Stratejm to deliver the Nozomi Vantage platform as a managed service is a significant milestone in bringing powerful, real-time security monitoring to Canada’s critical infrastructure and enterprise sectors,” said Cade Stephens, Nozomi Networks Head of Worldwide Partner Sales. “With Stratejm’s extensive cybersecurity expertise and the Vantage platform, Canadian organizations can rely on a trusted, comprehensive solution that meets the demands of today’s complex security landscape.”

Stratejm’s SECaaS offering is recognized for its market-leading approach, powered by advanced automation and rapid time-to-containment capabilities. The Nozomi Vantage platform will further enhance Stratejm’s cybersecurity mesh architecture, providing seamless integration across Guardian sensors, Arc endpoints, and other digital assets.

Stratejm and Nozomi Networks are excited to provide Canadian enterprises with this integrated solution, reinforcing Stratejm’s mission to deliver leading-edge cybersecurity and risk management across all operational environments.

For more information about Stratejm’s Security-as-a-Service platform with the Nozomi Vantage integration, please visit www.stratejm.com or www.nozominetworks.com.

About Nozomi Networks 
Nozomi Networks accelerates digital transformation by unifying cybersecurity visibility and resilience for industrial, OT, and IoT environments. Through advanced network monitoring, asset intelligence, and threat intelligence, Nozomi Networks helps organizations defend critical assets against cyber threats. Nozomi’s solutions are trusted by the world’s largest enterprises across multiple sectors.

About Stratejm
Stratejm, a Bell Canada Company is Canada’s leading MSSP, delivering Security-as-a-Service (SECaaS) and Managed Detection and Response (MDR) solutions tailored to the needs of Canadian enterprises. As a Bell Canada company, Stratejm continues to set the standard for cybersecurity through its integrated mesh architecture and industry-leading automation, enabling rapid threat detection and response across IT, OT, and IoT environments.

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SOURCE Nozomi Networks

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