Enlightify to Invest $20 Million in Cyber Tokens for Web3 Growth

Enlightify Inc. has declared its intention to invest up to $20 million in Cyber tokens over the next 12 months. This strategic move is driven by several key factors, including Cyber's technological leadership, unique market positioning, comprehensive ecosystem, and high growth potential.

Cyber operates the Cyber Network, an Ethereum Layer-2 optimized for social applications, integrating AI and rich social data to enhance the Web3 user experience. As one of the earliest and largest decentralized social networks in the Web3 space, Cyber empowers users with control over their digital identity, content ownership, and social connections. The ecosystem includes products like Cyber.AI and the Surf AI agent, forming a complete value chain from infrastructure to application.

The investment aligns with Enlightify's diversification strategy and its mission to create long-term value for shareholders. By participating in the rapidly growing digital asset ecosystem, Enlightify aims to seize emerging opportunities while maintaining its core strengths in traditional agriculture and fertilizer businesses. The Company plans to acquire Cyber tokens in stages, adopting a dollar-cost averaging strategy to mitigate short-term price volatility. The purchased tokens will be held as a long-term investment and classified as digital assets under applicable accounting standards.

Enlightify's Co-Chief Executive Officer, Mr. Jian Huang, expressed excitement about the investment, stating that Web3 and decentralized social networks represent the next significant phase in the evolution of the internet. He highlighted Cyber's impressive technical strength and market potential in this area.

The CYBER token serves as the native utility for Cyber, used for governance, staking rewards, and ecosystem incentives. As of public market data, Cyber has a current market capitalization of approximately $71 million, with a total supply of 100 million tokens.

Enlightify Inc. produces and distributes humic acid-based compound fertilizers and other agricultural products through its wholly-owned subsidiaries. In 2023, the Company started purchasing digital asset mining machines and established Antaeus Tech Inc. in the State of Delaware, mining digital assets bitcoins in the State of Texas.

This press release contains forward-looking statements concerning the Company’s business, products, and financial results. The Company’s actual results may differ materially from those anticipated in the forward-looking statements due to various risk factors, including general economic conditions, market acceptance, competition, technological advances, new product development, and regulatory actions. Enlightify undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release, except as required by applicable law or regulations.