Vestand Acquires Majority Stake in AI Mindbot, Expands Global Crypto Treasury Alliance

Vestand Incorporated has agreed to acquire a controlling interest in AI Mindbot Equity for $6.4 million through its wholly owned subsidiary, Vestand Korea. The acquisition establishes a strategic bridge connecting the crypto treasury markets of the United States and Korea, serving as the cornerstone for Vestand's global crypto treasury alliance strategy. The deal combines Korea's crypto investment ecosystem with the U.S.-style crypto treasury strategy, promoting the use of digital assets beyond simple holding and capital structure design.

Vestand Incorporated (NASDAQ: VSTD), a global investment platform integrating traditional real-world assets (RWAs) with next-generation crypto treasury strategies, has announced a significant acquisition through its subsidiary Vestand Korea Company Limited. The company has agreed to purchase 21,000 shares of AI Mindbot Equity for approximately USD $6.439 million, securing a controlling stake of over 89% in AI Mindbot Equity, which is the largest shareholder of Kosdaq-listed Xcure Corp. Vestand Signs Agreement to Acquire Controlling Interest in AI Mindbot Equity^[1]

The acquisition aims to establish a strategic bridge between the U.S. and Korean crypto treasury markets, focusing on ETH-based digital assets and Real-World Asset-based Security Token Offerings (RWA-based STOs). This deal positions Vestand in Korea's crypto market, which boasts $663 trillion KRW in annual trading volume and over 16 million crypto investors. Vestand Signs Agreement to Acquire Controlling Interest in AI Mindbot Equity^[1]

Following the transaction, four out of seven directors of Xcure Corp. will be replaced with Vestand Korea's designees at the November 7, 2025 extraordinary shareholders' meeting. The strategic acquisition creates a multi-layered revenue strategy that extends beyond passive cryptocurrency holding. The company aims to generate returns through ETH staking, crypto finance operations, and security token offerings (STOs) backed by real-world assets. Vestand Signs Agreement to Acquire Controlling Interest in AI Mindbot Equity^[1]

Korea represents an ideal expansion market as a top-3 global crypto hub with 663 trillion KRW trading volume and 16 million investors—remarkably, one-third of the population. The market timing is strategic: with spot Bitcoin ETFs absent in Korea, listed companies like Vestand-controlled Xcure offer the only indirect investment vehicle, creating significant first-mover advantage. Vestand Signs Agreement to Acquire Controlling Interest in AI Mindbot Equity^[1]

The tax arbitrage opportunity is particularly compelling. Korean investors face 20% capital gains tax on direct crypto investments starting 2027, while investments through listed companies incur only 0.15% transaction tax—creating strong structural incentives for institutional crypto exposure through Vestand's model rather than direct holdings. Vestand Signs Agreement to Acquire Controlling Interest in AI Mindbot Equity^[1]

Acquisition Through Newly Formed Wholly Owned Subsidiary, Vestand Korea Company Limited, Establishes a Strategic Bridge to Connect the Crypto Treasury Markets of the United States and Korea
BREA, Calif., Sept. 18, 2025 (GLOBE NEWSWIRE) -- Vestand Incorporated (NASDAQ: VSTD) “Vestand”, or the “Company"), a global investment platform that integrates traditional real-world assets (RWA) with next-generation crypto treasury strategies, today announced that it has signed a share purchase agreement to acquire 21,000 shares of AI Mindbot Equity (“AI Mindbot”) for an aggregate sum of KRW 8,499,981 or approximately USD $6,439,379 from Hyper Corporation through its wholly owned subsidiary, Vestand Korea Company Limited. Upon the closing of the transaction Vestand Korea will become the controlling shareholder of AI Mindbot and is expected to own in excess of Eighty (89%) Percent of its equity. To the knowledge of the Company, AI Mindbot Equity is the largest shareholder of Xcure Corp., a Kosdaq-listed company, which provides smart card and mobile security platform technology in South Korea and internationally.

This transaction establishes a strategic bridge connecting the crypto treasury markets of the United States and Korea, and will serve as the cornerstone for Vestand’s strategy of becoming a Global Crypto Treasury Alliance.