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Plume to Introduce Access to Tokenized Gold via Matrixdock, Matrixport’s RWA Platform

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NEW YORK, April 10, 2025 /PRNewswire/ — Plume, the first fully integrated blockchain and ecosystem built specifically for Real World Asset Finance (RWAfi), has announced that Matrixdock, a leading tokenized real world asset platform from Asia, will be launching on Plume to introduce access to their fully backed, tokenized gold token XAUm. Matrixdock was the first in Asia to introduce a tokenized short-term treasury bill, and was founded in February 2023 by Matrixport, Asia’s largest all-in-one hub for crypto financial services, with over US$6billion in assets under management.

Gold continues to be a cornerstone asset in investment portfolios, serving as a hedge against inflation and as a portfolio diversifier. Traditional gold markets, however, present challenges including high entry barriers, custody requirements, and limited accessibility. By tokenizing gold, investors benefit from verifiable reserves, efficient settlement, and continuous global access without sacrificing the underlying asset’s stability.

Integrating Matrixdock’s XAUm token enhances Plume’s composability, allowing gold to function as a programmable financial primitive across the entire RWAfi ecosystem. This integration provides a refuge from volatility, allowing traders on Plume to rotate from alternative assets directly into gold as a safe haven asset, instead of relying on stablecoins or Bitcoin. Users will be able to use XAUm across Plume to seamlessly interact with other tokenized assets, whether it be as collateral, settlement, or as a real yield instrument.

“Gold has not only proven its value throughout economic cycles, but is now reaching historic price levels as global interest surges,” said Chris Yin, CEO & Co-Founder at Plume. “Despite this renewed attention, gold’s potential as a yield-generating asset remains largely untapped. “Providing access to XAUm in our ecosystem will create new avenues of real yield for gold, enhancing the diversity of our ecosystem.”

“At Matrixdock, our mission is to redefine gold ownership for the modern era by making it fully transparent, accessible, and on-chain. We’re proud to be a leading gold project on Plume, as we believe the future of gold lies in combining traditional asset quality with digital infrastructure. XAUm is 100% backed by LBMA-accredited investment-grade gold, sourced through our robust refiner network and stored in world-class vaults. Unlike traditional gold products, every token is verifiable in real time—giving users confidence, clarity, and control like never before.” said Eva Meng, Head of Matrixdock.

The inclusion of Matrixdock’s XAUm will unlock new liquidity avenues for traditional market makers and create access to gold yield onchain. As a verifiable alternative to paper gold markets, XAUm offers full transparency and auditability while maintaining the security of physical gold backing. This will enable Plume users to diversify their portfolios with an inflation-resistant asset class that now delivers productive yields previously unavailable to gold holders, and represents a significant step toward realizing the full potential of tokenized commodities within a composable and permissionless RWAfi ecosystem.

About Matrixdock

Founded in February 2023 by Matrixport, Matrixdock is a leader in advanced tokenization technology of real-world assets in Asia. As the first in Asia to introduce a tokenized short-term treasury bill product, STBT, Matrixdock earned the Ecosystem Excellence TADS Award in 2023 for Trading & Liquidity Solutions. In 2024, it launched a one-of-a-kind Tokenized Gold token, XAUm, modernizing traditional gold investment into a dynamic, multifunctional digital asset.

Learn more at https://matrixdock.com/ or contact support@matrixdock.com

About Plume

Plume is the first full-stack RWA Chain and ecosystem purpose-built for RWAfi, enabling the rapid adoption and demand-driven integration of real world assets. With 200+ projects building on the network, Plume offers a composable, EVM-compatible environment for onboarding and managing diverse real world assets. Coupled with an end-to-end tokenization engine and a network of financial infrastructure partners, Plume simplifies asset onboarding and enables seamless DeFi integration for RWAs so anyone can tokenize real world assets, distribute them globally, and make them useful for native crypto users.

Learn more at https://plumenetwork.xyz/ or contact press@plumenetwork.xyz

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SOURCE Plume Network

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Electro-Sensors, Inc. Announces First Quarter 2025 Financial Results

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25 minutes ago

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May 12, 2025

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MINNETONKA, Minn., May 12, 2025 /PRNewswire/ — Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the first quarter ended March 31, 2025.

First quarter revenue of $2,239,000Gross Margin of 48.4%Cash and investments of approximately $10.0 million

Unaudited; in thousands, except per share data

Q1 FY25

Q1 FY24

Change

Net Sales

$

2,239

$

2,244

(0.2)

%

Gross Margin

48.4

%

48.1

%

30

Bps

Operating Loss

$

(169)

$

(100)

(69.0)

%

Operating Margin

(7.6)

%

(4.5)

%

(310)

bps

Income (Loss) Before Income Tax Benefit

$

(81)

$

16

(606.3)

%

Income (Loss) Per Share (diluted)

$

(0.02)

$

0.00

(100.0)

%

“We are pleased to report first quarter revenue of $2,239,000, down 0.2% from the prior-year period,” said David L. Klenk, Electro-Sensors’ president.  “The decrease was driven primarily by reduced sales of HazardPROTM wireless product sales, partially offset by an increase in sales of wired sensor products.”

A full analysis of results for the period ended March 31, 2025 is available in the Company’s Form 10-Q, which is available on the Company’s website at www.electro-sensors.com or through the Securities and Exchange Commission’s Edgar database at www.sec.gov.

Electro-Sensors, Inc.

Consolidated Statements of Income

For the Quarter Ended March 31, 2025 and 2024 (unaudited)

(in thousands except share and per share amounts)

Three Months Ended March 31

2025

2024

Net sales

$

2,239

$

2,244

Cost of goods sold

1,155

1,164

Gross profit

1,084

1,080

Operating expenses

1,253

1,180

Operating loss

(169)

(100)

Non-operating income

88

116

Income (loss) before income taxes

(81)

16

Benefit from income taxes

(17)

5

Net income (loss)

$

(64)

$

11

Income (loss) per share – diluted

$

(0.02)

$

0.00

Average shares outstanding – diluted

3,449,021

3,428,021

 

Electro-Sensors, Inc.

Consolidated Balance Sheets

March 31, 2025 and December 31, 2024

(in thousands)

March 31

December 31

2025

2024

Assets

(unaudited)

Current Assets

Cash and investments

$

9,974

$

10,004

Trade receivables, net

1,505

1,309

Inventories, net

2,010

1,964

Other current assets

250

197

Total current assets

13,739

13,474

Deferred income tax asset, long-term

460

501

Property and equipment, net

887

910

Total assets

$

15,086

$

14,885

Liabilities and Stockholders’ Equity

Current Liabilities

Accounts payable and accrued expenses

$

786

$

552

Total current liabilities

786

552

Stockholders’ equity

Common stock

344

344

Additional paid-in capital

2,391

2,360

Retained earnings

11,565

11,629

Total stockholders’ equity

14,300

14,333

Total liabilities and stockholders’ equity

$

15,086

$

14,885

About Electro-Sensors

Electro-Sensors, Inc. is an industry leading designer and manufacturer of rugged and reliable machine monitoring sensors and wireless/wired hazard monitoring systems applied across multiple industries and applications. These products improve processes by protecting people, safeguarding systems, reducing downtime, and preventing waste. Electro-Sensors is proud to be an ISO9001:2015 quality certified company and is committed to providing excellent customer service and technical support. Founded in 1968 and located in Minnetonka, Minnesota, Electro-Sensors provides its loyal customers with reliable products that improve safety and help plants operate with greater efficiency, productivity and control.

Cautionary Statement Regarding Forward Looking Statements

This press release may include statements about possible or anticipated future financial performance, business activities, plans, or opportunities.  These forward-looking statements may include the words “will,” “should,” “believes,” “expects,” “anticipates,” “intends” or similar expressions.  For these forward-looking statements, the Company claims the protection of the safe harbor for forward−looking statements contained in federal securities laws.  Forward-looking statements reflect the company’s current views with respect to future events and financial performance and include any statement that does not directly relate to a current or historical fact.  These forward-looking statements are subject to a number of factors, risks and uncertainties, including those disclosed in our periodic filings with the SEC that could cause actual performance, activities, plans, or opportunities after the date the statements are made to differ significantly from those indicated in the forward-looking statements.

For more information please visit our website at: www.electro-sensors.com. Also look us up on:
LinkedIn: linkedin.com/company/electro-sensors-inc-
X: x.com/ESIsensors
Facebook: facebook.com/ElectroSensors

 

View original content:https://www.prnewswire.com/news-releases/electro-sensors-inc-announces-first-quarter-2025-financial-results-302452891.html

SOURCE Electro-Sensors, Inc.

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Audit Peak Successfully Completes AICPA Peer Review

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25 minutes ago

on

May 12, 2025

By

NEW YORK, May 12, 2025 /PRNewswire/ — Audit Peak, an NYC based CPA firm specializing in IT audits, cybersecurity, and risk advisory services, proudly announces the successful completion of its recent peer review under the American Institute of Certified Public Accountants (AICPA) Peer Review Program.

 

Compliance at Its Peak

The peer review, an evaluation mandated for firms providing attest services, is a rigorous assessment of a CPA firm’s system of quality control in accordance with the AICPA’s professional standards. It serves as an independent affirmation of a firm’s uncompromising commitment to industry-leading practices and its proven ability to consistently deliver precise, trustworthy, and high-quality services to clients. Audit Peak received a “Pass” rating, the highest possible outcome, demonstrating the firm’s dedication to excellence in accounting and auditing practices and its adherence to the SOC standards set by the AICPA, the national professional organization of CPAs.

“Achieving a successful peer review is a significant milestone that reflects our dedication to upholding the highest standards of quality and integrity,” said Chevorne Lewis, Compliance Officer at Audit Peak. “This accomplishment reinforces our team’s unwavering commitment to delivering exceptional compliance and audit solutions for organizations of all sizes and industries. Our clients can trust that every audit and SOC report we deliver meets the most rigorous professional standards in the industry—perfectly aligning with our mission of delivering Compliance at Its Peak.”

As Audit Peak continues to expand its reach and elevate its compliance offerings, this achievement further cements its reputation as a trusted leader in audit and risk advisory services. Clients can have full confidence in the firm’s expertise, track record of delivering exceptional results, and relentless commitment to integrity and professional excellence.

About Audit Peak

Audit Peak was founded and is operated by former PwC, EY, and KPMG professionals, delivering Big 4–level audit expertise with the agility and client-focused service of a boutique firm. The firm’s consultants have led hundreds of audits across industries and geographies, for organizations ranging from emerging startups and small businesses to Fortune 100 enterprises with workforces exceeding 200,000 employees. Audit Peak’s expertise spans both legacy environments and modern cloud platforms such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP).

The firm offers a comprehensive range of audit and compliance services, including SOC 1, SOC 2, HIPAA, NIST CSF, Agreed-Upon Procedures, MARS-E, Publication 1075, NIST 800-53, FISMA, GDPR, and GLBA audits. Audit Peak’s successful peer review reinforces its position as the trusted partner of choice for organizations seeking excellence in audit and compliance solutions.

For more information about Audit Peak and its services, please visit https://www.auditpeak.com.

Access Audit Peak’s Peer Review Report.

Media Contact:
Chevorne Lewis
Compliance Officer
Audit Peak
Email: compliance@auditpeak.com
Phone: 212-740-PEAK

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SOURCE Audit Peak

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Jeff McElfresh to Update Shareholders at the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference on May 13

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25 minutes ago

on

May 12, 2025

By

DALLAS, May 12, 2025 /CNW/ — Tomorrow, AT&T’s chief operating officer will participate in a fireside chat where he will discuss the Company’s multi-year strategic growth plan.

Key Takeaways:

AT&T reiterates full-year 2025 financial and operational guidance.AT&T is pursuing a multi-year strategic growth plan that centers around putting customers first, continued network investment and increased capital returns to shareholders.

Jeff McElfresh, chief operating officer, AT&T Inc. (NYSE:T), will speak tomorrow at the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference where he will provide an update to shareholders.

AT&T’s multi-year strategic growth plan will substantially advance its progress on becoming the best connectivity provider in America. The Company continues to differentiate its position within the connectivity industry by increasing its opportunity to serve customers how they want to be served, by one provider with fiber and 5G in a converged manner.

The wireless market remains both healthy and competitive, with the Company’s Mobility business continuing to perform in-line with the trends and expectations outlined during its first quarter 2025 earnings call.

In Consumer Wireline, the Company continues to expand access to AT&T Fiber – America’s fastest internet with the most reliable speeds.1 Trends in AT&T Fiber penetration rates remain consistent, with net adds varying from quarter to quarter based primarily on the pace of new fiber locations passed, seasonality and marketplace dynamics.

For the second quarter 2025, the Company continues to expect capital investment* in the $4.5 billion to $5 billion range and free cash flow* of approximately $4 billion.

AT&T reiterates all full-year 2025 financial and operational guidance. Additionally, the Company continues to operate the business to achieve the financial plan and capital returns outlined at its 2024 Analyst & Investor Day. 

AT&T remains committed to repurchasing shares under the previously announced $10 billion authorization, with plans to repurchase at least $3 billion of common stock by year-end and the remainder during 2026.

Full conference details are posted on the AT&T Investor Relations website, including a replay of the webcast. To automatically receive AT&T financial news by email, please subscribe to email alerts.

1 Limited availability in select areas. Based on analysis by Ookla® of Speedtest Intelligence® data nationwide Speed Score and Consistency Score for Q3–Q4 2024. Ookla trademarks used under license and reprinted with permission.

Cautionary Language Concerning Forward-Looking Statements
Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in AT&T’s filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise. This news release may contain certain non-GAAP financial measures. Reconciliations between the non-GAAP financial measures and the GAAP financial measures are available on the company’s website at investors.att.com.

About AT&T
We help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 140+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at about.att.com. Investors can learn more at investors.att.com.

© 2025 AT&T Intellectual Property. All rights reserved. AT&T and the Globe logo are registered trademarks of AT&T Intellectual Property.

 

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SOURCE AT&T

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