TORONTO, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Matador Technologies Inc. (“Matador” or the “Company”) is pleased to announce its Bitcoin Ecosystem Strategy.
Matador has been approved for listing on the TSX Venture Exchange under the ticker MATA.
The Company is focused on digitizing real world assets on the Bitcoin blockchain, starting with a digital gold product.
Matador also holds Bitcoin on its balance sheet and will strategically deploy that Bitcoin into other high potential projects building on top of the Bitcoin network.
Matador’s team includes CEO Deven Soni (ex. Goldman Sachs and Tokens.com), and President Sunny Ray (Cofounder of Unocoin, India’s first cryptocurrency exchange, and ex. Head of Business Development at Kraken).
Matador’s board of directors includes Deven Soni (CEO), Donato Sferra (CoFounder), Tyler Evans (CoFounder of UTXO Management, LLC and Director of Metaplanet - TYO: 3350), Peter Kampian (an experienced financial and public company executive), and Richard Murphy (ex. CEO of Manitou Gold Corp.).
“Bitcoin is in the early days of an expansion from a store of value to a computing layer that powers markets and real world assets,” said Sunny Ray, President of Matador. “We believe that the new assets and companies built on top of Bitcoin have the potential to grow more quickly than Bitcoin itself.”
"Taking Matador public marks a new chapter in our journey to bridge traditional and Bitcoin-based financial systems," said Deven, CEO of Matador. "We are excited to give retail investors access to what we believe is the most exciting part of the Bitcoin ecosystem.”
Investors will be able to trade shares of TSXV:MATA through their usual investment channels, including discount brokerage platforms and full-service dealers.
About Matador
Matador is a technology company dedicated to expanding Bitcoin’s position as a financial and computing platform. The Company builds products on top of the Bitcoin network with a focus on applications that digitize real world assets like gold. Matador’s strategic investors include Hive Digital Technologies Ltd, Gold Fields Ltd, and UTXO Management/BTC Inc. which pioneered Bitcoin for Corporations in partnership with Microstrategy.
Connect with Matador: Website | Linkedin | X.com
Matador Investor Relations Contact:
Sunny Ray
E: sunny@matador.network
P: 647.297.4760
Matador Marketing & Media Contact:
Kimberly Verdin
E: marketing@matador.network
P: 647.831.1146
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