Latest news with #treasury
Time Business News
15 hours ago
- Business
- Time Business News
Why Treasury Management Is Central to Wholesale Banking
Wholesale banking serves customers with large and complex financial needs, the big companies, institutions, and government agencies. At the centre of this area stands treasury management, which provides liquidity, addresses risks, authorises cash flow, and represents the financial well-being of an entity. These activities are the behind-the-scenes and are not always referred to as support functions; however, they constitute the core of how wholesale banking sets up strategically. Wholesale banking constitutes banking services where large amounts of money are exchanged among various geographies and currencies. Treasury management ensures that the liquidity is available in sufficient quantity to discharge financial obligations and fund operations efficiently. It is the calibration or balancing of cash flows in and out while giving regard to regulatory requirements such as LCR (Liquidity Coverage Ratio). Treasury departments further deal with the interest rate risk, currency risk and credit risk. They employ advanced modelling techniques and risk mitigation instruments to protect the bank and its clients from the adverse impact of market volatility. Effective risk management would then contribute directly to the constitution and profitability of a bank in a thin margin-high intangibility world. It is said that asset-liability management is one of the fundamental pillars of treasury in wholesale banking. These are activities directed or aimed at matching assets and liabilities according to the period of maturity to disregard any mismatch of liquidity and to ensure capital adequacy. The treasury will often be on the lookout for the bank's balance sheet, adjusting positions whenever economic outlooks, changes in policies, or market movements dictate. An active ALM enables wholesale banks to provide competitive lending rates and support the bank's maintenance in the long run. This means that customers will enjoy steady financial services even in market turbulence. Managing cash nowadays is way more than simply dipping into an internal operation. Treasury acts as a client-facing function in wholesale banking, incorporating highly technical solutions-cash concentration, interest rate trades, forward contracts, and trade finance facilities. These solutions help corporate customers manage their exposure to different kinds of financial risk, optimise working capital, and plan for long-term growth. By integrating technologies with treasury services, banks offer real-time data, automated forecasts, and seamless global cash visibility, thereby enhancing experiences and positions of client relationships as a strategic companionship, rather than a mere technical service vendor. The Treasury Department is all about ensuring that all operations are in line with domestic and international financial laws. From Basel III norms to RBI guidelines, treasury teams are expected to maintain strong internal controls and audit trails within the compliance framework. This compliance framework is of utmost importance, especially in wholesale banking, wherein the size and complexity of transactions could be of a strong systemic bearing. Treasury management also falls under internal governance, executing liquidity stress testing, scenario analysis, and contingency planning. This is to present a clearer situation of the institution's risk profile and operational readiness to the senior management and regulators. In conclusion, it is suggested as a more complex representation for treasury management operating at the centre of wholesale, becoming the point where operations merge with strategy. Treasury prepares the bank to sell by handling liquidity, bearing risks, assuring compliance, and sometimes offering value-added services to clients. On the commercial side, treasury functions have gained importance regarding management and wholesale banking, given that financial markets are increasingly interwoven and volatile. TIME BUSINESS NEWS
Associated Press
a day ago
- Business
- Associated Press
Pegasus Insights Selected to Present at Treasury Tank Innovation Showcase
07/28/2025, Miami, FL // PRODIGY: Feature Story // Pegasus Insights, a next-generation cash and liquidity platform for mid-market finance teams, has been selected to present at the highly competitive Treasury Tank event during the TMANY NYC Cash Exchange. The showcase, which highlights emerging technologies poised to transform treasury and cash management, will feature Pegasus among a select group of innovators recognized for driving impact across the office of the CFO. Pegasus will present its platform during the Treasury Tank session on September 18-19, 2025, at the Sheraton Times Square in New York City. 'We built Pegasus to solve the real, daily pain points we saw over and over in the field—manual reporting, fragmented data, and slow decision cycles,' said Benjamin Garthwaite, President of Pegasus Insights. 'Being chosen to present at Treasury Tank is a reflection of how urgently the market is demanding smarter tools to manage liquidity with confidence.' Pegasus Insights was founded by experienced financial consultants who spent years building cash flow models and reporting systems for private equity-backed and mid-market companies. Frustrated by the limitations of existing tools, they created a purpose-built solution that connects directly to bank and ERP systems to give finance teams daily cash visibility, automated forecasting, and working capital insights—all without the lengthy implementation timelines and rigid workflows common in traditional FP&A software. The Pegasus platform includes: Designed for mid-market organizations—especially those navigating the complexities of private equity ownership—Pegasus stands out by offering a white-glove onboarding model, rapid time-to-value, and an intuitive user experience designed for finance professionals, not IT teams. According to early customer feedback, teams using Pegasus have reported a 50–70% reduction in time spent on weekly liquidity reports and improved responsiveness to investor and board requests. 'We're honored to showcase how Pegasus helps finance leaders turn fragmented data into confident action,' said Garthwaite. 'Treasury Tank is about surfacing tools that drive real impact, and that's exactly what we set out to build.' To learn more about Pegasus Insights or schedule a demo, visit About Pegasus Insights is a modern cash and liquidity management platform built by financial consultants for mid-market companies. The platform helps finance teams gain real-time cash visibility, automate cash forecasting, and optimize working capital. Pegasus is SOC 2 Type I certified and trusted by private equity-backed businesses across manufacturing, healthcare, SaaS, and business services. Social Links Instagram | LinkedIn Media Contact Full Name: Maggie Cattell Title: Marketing Lead Company Name: Pegasus Insights Email: [email protected] Phone Number: 16145935988 Website: Source published by Submit Press Release >> Pegasus Insights Selected to Present at Treasury Tank Innovation Showcase
Globe and Mail
a day ago
- Business
- Globe and Mail
CEA Industries and 10X Capital, with the support of YZi Labs, announce $500 Million Private Placement to Establish Largest Publicly-Listed $BNB Treasury Company in the World (NASDAQ:VAPE)
Upsized PIPE offering with potential to deliver up to $1.25 billion of gross proceeds Offering consists of a common equity PIPE delivering $500M in gross proceeds ($400M in cash and $100M in Crypto), plus up to $750M in cash which may be received from exercised warrants to be issued in the private placement (assuming 100% of warrants are exercised). The proceeds of the offering by CEA Industries Inc. (Nasdaq:VAPE) will be used to establish the largest publicly listed BNB Chain digital asset treasury strategy in the world. $BNB is the fourth largest cryptocurrency in the world, with $100B+ market cap, and provides the treasury with opportunities to generate income and rewards on the BNB Chain and Binance ecosystem, the world's #1 digital assets infrastructure by volume, with over 280 million users in over 180 countries. The BNB treasury strategy will be led by incoming CEO David Namdar (Co-founder of Galaxy Digital and Senior Partner at 10X Capital), incoming CIO Russell Read (former CIO of CalPERS and CIO of 10X Capital) and Saad Naja (former director at Kraken and one of the executive board of directors of global retail brokerage firm Exinity). 10X Capital, who also served as financial advisor to Nakamoto, will serve as the asset manager of the BNB treasury strategy, with the support of YZiLabs. Over 140 subscribers, led by institutional and crypto-native investors including YZi Labs, Pantera Capital, Arche Capital, GSR, Borderless, Arrington Capital, Hypersphere Capital, Kenetic, dao5, Protocol Ventures, Reciprocal Ventures, G-20 Group, Three Point Capital, Propel Horizon, Exinity, Winone, Nano Labs, and several other prominent investors including Olaf Carlson Wee, Rajeev Misra's family office and the founders of BitFury, participated in the offering. The transaction is expected to close on or around July 31, 2025. Louisville, CO, July 28, 2025 (GLOBE NEWSWIRE) -- CEA Industries Inc. (Nasdaq:VAPE) (the 'Company') and 10X Capital, with support from YZi Labs, today announced the pricing of an oversubscribed and upsized above-the-market PIPE financing, positioning the Company to become the largest publicly traded BNB Treasury Company in the United States. This milestone marks a significant evolution from 10X Capital & YZi Labs' initial announcement in early July, officially bringing $BNB—a top-four digital asset token with over $100 Billion in market capitalization—into U.S. public markets at institutional scale through a dedicated treasury vehicle. Following the closing, the Company intends to begin deploying funds to acquire BNB, creating a gateway for institutional and retail investors to participate in the BNB Chain ecosystem, which powers millions of users and decentralized applications worldwide. Following closing, the Company's management team is expected to include significant institutional expertise, including from incoming CEO David Namdar (Co-Founder, Galaxy Digital and Senior Partner, 10X Capital), incoming CIO Russell Read (CIO, 10X Capital and former CIO of CalPERS, Deputy CIO of Deutsche Bank Asset Management) and Saad Naja (former director at Kraken and one of the executive board of directors of global retail brokerage firm Exinity). Reflecting significant demand for BNB exposure, the PIPE included over 140 subscribers from around the world, led by institutional and crypto-native investors including YZi Labs, Pantera Capital, Arche Capital, GSR, Borderless, Arrington Capital, Hypersphere Capital, Kenetic, dao5, Protocol Ventures, Reciprocal Ventures, G-20 Group, Three Point Capital, Propel Horizon, Exinity, Winone, Nano Labs, and several other prominent investors including Olaf Carlson Wee, Rajeev Misra's family office and the founders of BitFury. The Company expects to be positioned among the largest publicly traded vehicles offering exposure to a single Layer-1 blockchain following closing of the PIPE. 'BNB Chain is one of the most widely used blockchain ecosystems globally, yet institutional access has been limited until now. By creating a U.S.-listed treasury vehicle, we are opening the door for traditional investors to participate in a transparent way. This is a significant step in bridging digital assets and mainstream capital markets," said incoming CEO David Namdar. 'Institutional-grade exposure to BNB is attractive because it is driven by fundamentals rather than speculation. BNB powers one of the largest ecosystems in blockchain — with real network utility across DeFi, payments and enterprise applications. By creating a treasury vehicle, we're allowing institutions to participate in that growth story in a way that aligns with their need for transparency and long-term value, rather than short-term trading opportunities,' said incoming CIO Russell Read. BNB Treasury Strategy & Institutional Roadmap Following closing, the Company expects to: Build an initial BNB position with plans to significantly scale holdings over the next 12–24 months via a best-in-class capital markets program incorporating ATM sales and other proven strategies. Evaluate staking, lending and other opportunities throughout the Binance ecosystem to generate revenue from the BNB Treasury, while maintaining a conservative risk profile. 'When YZi Labs first announced our support earlier this month, it was because we recognized the institutional potential of a publicly listed BNB treasury vehicle.' said Ella Zhang, Head of YZi Labs. 'With the successful announcement of this PIPE, that conviction is now validated. We're proud to see this vision come to life — expanding BNB's utility and institutional access in a meaningful and sustainable way.' 'Treasury companies have proven to be the cleanest, most transparent gateway for institutions to access digital assets. With BNB powering hundreds of millions of users globally, this marks the right time for a well-capitalized BNB treasury company to enter the U.S. market,' said Hans Thomas, Founder and CEO of 10X Capital. The PIPE highlights a growing trend where publicly traded treasury companies are emerging as a new asset class for U.S. investors, building on the success of Bitcoin-focused vehicles such as MicroStrategy and recent treasury players such as Sharplink Gaming, Bitmine Immersion, and DeFi Development Corp. Importantly, ongoing crypto regulatory bills and signals from U.S. lawmakers are injecting confidence and laying the groundwork for greater market participation, providing institutional investors with increased regulatory certainty. Unlike those Bitcoin-focused and other treasury plays, this treasury vehicle is exclusively dedicated to the BNB Chain, offering exposure to a fast-growing Layer-1 network with strong DeFi, NFT and Web3 adoption. Trading & Next Steps The Company's common stock will continue to trade on the Nasdaq Capital Market under the ticker 'VAPE', with the updated treasury strategy effective immediately following the closing, which is expected to take place on or about July 31, 2025. The Company will emphasize transparency and verification of holdings, strong engagement with the BNB ecosystem and community. Additional updates on BNB acquisitions, treasury growth and governance measures are expected in the coming weeks. Advisors Cantor Fitzgerald & Co. served as lead financial advisor to 10X Capital and sole placement agent to the Company. Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, and Clear Street LLC served as financial advisors to 10X Capital. Winston & Strawn LLP served as counsel to 10X Capital. DLA Piper LLP (US) served as counsel to Cantor Fitzgerald & Co. Disclaimer: The information provided in this press release is intended for informational purposes only and does not constitute investment advice, endorsement, analysis, or recommendations with respect to any financial instruments, investments, or issuers. Investment in cryptocurrency and DeFi projects involves substantial risk, including the risk of complete loss. This press release does not take into account the investment objectives, financial situation, or specific needs of any particular person and each individual is urged to consult their legal and financial advisors before making any investment decisions. Cautionary Note Regarding Forward-Looking Statements This press release contains statements that constitute 'forward-looking statements' within the meaning of the U.S. federal securities laws. Forward-looking statements are statements other than historical facts and include, without limitation, statements regarding the potential for and amount of additional cash proceeds from warrant exercises, the anticipated closing date of the PIPE, use of proceeds from the announced PIPE, future announcements and priorities, expectations regarding management, market position, business strategies, future financial and operating performance, and other projections or statements of plans and objectives. These forward-looking statements are based on current expectations, estimates, assumptions, and projections, and involve known and unknown risks, uncertainties, and other factors—many of which are beyond the Company's control—that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. Important factors that may affect actual results include, among others, the Company's ability to execute its growth strategy; its ability to raise and deploy capital effectively; developments in technology and the competitive landscape; the market performance of BNB; and other risks and uncertainties described under 'Risk Factors' in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission (the 'SEC') on March 27, 2025, and in other subsequent filings with the SEC. These filings are available at 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 law. -ends- About 10X Capital 10X Capital is a next-generation investment firm focused on digital transformation, including digital assets and digital infrastructure. Founded by pioneering digital currency and fintech entrepreneur Hans Thomas (founding team, InternetCash), 10X Capital brings institutional capital to exceptional opportunities worldwide. With capabilities in asset management, treasury management, and capital markets, the firm takes a holistic approach to building and managing Digital Assets Treasury companies around the world, in partnership with top foundations & entrepreneurs. About YZi Labs YZi Labs manages over $10 billion in assets globally. Its investment philosophy emphasizes impact first—YZi Labs believes that meaningful returns will naturally follow. YZi Labs invests in ventures at every stage, prioritizing those with solid fundamentals in Web3, AI, and biotech. YZi Labs' portfolio covers over 300 projects from over 25 countries across six continents. More than 65 of YZi Labs' portfolio companies have gone through our incubation programs. For more information, follow YZi Labs on X. About CEA Industries Inc. CEA Industries Inc. (Nasdaq:VAPE) is a growth-oriented company that has focused on building category-leading businesses in regulated consumer markets, including the high-growth, Canadian nicotine vape industry. CEA Industries targets scalable operators with strong regulatory alignment, defensible market share, and high-margin business models. Following the closing of the PIPE, CEA intends to adopt a BNB Treasury strategy, offering a gateway for institutional and retail investors to participate in the BNB Chain ecosystem, Binance Layer-1 blockchain ecosystem coin.
Yahoo
a day ago
- Business
- Yahoo
This Company Is Surging on Plans to Become the MicroStrategy of the BNB Crypto. Should You Buy Its Stock Now?
CEA Industries (VAPE) shares soared over 600% on Monday after announcing plans of making Binance Coin (BNBUSD), commonly referred to as BNB, its primary treasury reserve asset. According to the Boulder-headquartered firm, it will use proceeds from a new $500 million private placement offering to become the largest publicly traded holder of BNB. More News from Barchart Warren Buffett Warns Inflation Turns Business Into 'The Upside-Down World of Alice in Wonderland' But Weeds Out 'Bad Businesses' Why GOOGL Stock May Be the Market's Next Big Winner Alphabet Posts Lower Free Cash Flow and FCF Margins - Is GOOGL Stock Overvalued? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Following today's rally, CEA Industries stock is trading at nearly 10x its price in early May. Significance of the BNB News for CEA Industries Stock VAPE's decision to make BNB its primary treasury reserve asset is a bold pivot that could significantly enhance its market profile. The move mirrors MicroStrategy's (MSTR) Bitcoin strategy and position CEA Industries as a regulated gateway for institutional exposure to the BNB ecosystem. With BNB hitting a new all-time high on Monday, July 28 amidst continued traction in DeFi and cross-chain applications, the initiative aligns CEA with a high-growth asset. A BNB treasury strategy could attract previously untapped crypto-focused investors to VAPE shares, potentially boosting their valuation further in the second half of 2025. VAPE Shares May Still Be a No-Go Despite the announced transformation into a BNB proxy, CEA Industries shares remain unattractive to own due to several underlying concerns. For starters, the company announced in June that it was doubling down on ambitions within the regulated vape sector after acquiring the Canadian vape retailer Fat Panda. A BNB treasury strategy is a quick pivot from these plans VAPE stock is a no-go also because the Nasdaq-listed company continues to lose money, with its net loss in Q1 from $917,000 to $1.1 million. Plus, regulatory uncertainty surrounding crypto-linked assets adds another layer of complexity, especially as global scrutiny intensifies. Investors should also note that the private placement CEA announced today includes up to $750 million of warrants, which, if exercised, stand to meaningfully dilute existing shareholders. CEA Doesn't Receive Much Coverage From Wall Street At the time of writing, CEA Industries stock receives coverage from only one Wall Street analyst, which should serve as another red flag for disciplined investors. A lack of analyst coverage means inadequate insights into financial health, growth prospects, and risks associated with owning the company's shares. This opacity often leads to mispricing, low institutional interest, and heighted volatility, making VAPE shares a speculative bet instead of a well-informed investment. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Crypto Insight
2 days ago
- Business
- Crypto Insight
SharpLink buys $295M in ETH — more than all the Ether issued last month
SharpLink Gaming, the second-largest corporate holder of Ether, has acquired another 77,210 Ether, worth $295 million, as the firm shows no signs of slowing down its crypto treasury play. The single purchase is more than the network's net issuance of Ether in the past 30 days, which stood at 72,795 ETH, according to Ultra Sound Money. The company staked most of the acquired ETH to earn staking rewards. After the recent acquisition of ETH, the company's total ETH holdings exceed 438,000 ETH, which is worth more than $1.69 billion, according to Lookonchain. SharpLink is the second company to hold more than $1.5 billion worth of ETH in its treasury, with Bitmine Immersion Tech taking the top spot as its ETH holdings exceed $2 billion. 'Banks close on weekends. Ethereum runs 24/7,' the firm said in a X post on Sunday. On July 18, Cointelegraph reported that SharpLink has filed an amended prospectus with the regulators in a bid to increase its stock sale from $1 billion to $6 billion. The majority of the proceeds from the sale will be used to buy ETH. Talent acquisition spree On Friday, SharpLink announced that it had hired Joseph Chalom as its new co-CEO. Chalom had worked for 20 years at BlackRock, the largest asset management firm in the world. At SharpLink, he will be responsible for shaping and executing the company's global strategy. In May, the company nominated Consensys CEO Joseph Lubin as its chairman of its board of directors. Ether supply shock ETH purchases by corporations and institutional investors via ETFs can create a supply shortage for ETH, which can theoretically push the price. On Thursday, BitMine Immersion Technologies stated that it held more than 566,000 ETH, worth more than $2 billion at time of publication. Additionally, the firm announced its ambitious plan of holding at least 5% of ETH's total supply, which amounts to 6 million Ether worth more than $23 billion at the time of writing. Currently, 6.73% of ETH's total supply, 8.12 million Ether worth more than $31 billion, is collectively being held by corporations and ETFs combined, according to Strategic ETH Reserve. Source:
