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OceanPal Inc. Diversifies into Digital Assets with $120 Million NEAR Investment
ByAinvest
Wednesday, Oct 29, 2025 9:25 am ET1min read
OceanPal, a Nasdaq-listed shipping company, has raised $120 million to fund its subsidiary SovereignAI Services LLC, which will execute a NEAR-focused digital asset treasury strategy and build blockchain-native, confidential AI infrastructure. The company aims to accumulate at least 10% of NEAR's total supply as part of its treasury. This move reflects a broader trend of non-crypto companies diversifying into digital assets.
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