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SVRN Completes Shift to NEAR Digital Asset Treasury and Staking

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SVRN says it has completed its corporate transformation begun in October 2025, centered on building a NEAR-anchored digital asset treasury. The company holds 55.5 million NEAR and launched a public dashboard detailing its treasury and staking positions. After a $120 million private placement with the NEAR Foundation, it sold its shipping business, retired Series C preferred stock, and eliminated outstanding debt without selling NEAR.

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