Vemanti Group Announces Discussions Regarding Onus Finance UAB
Vemanti Group (OTCQB: VMNT) has announced ongoing discussions to acquire majority control of Onus Finance UAB's parent company, operator of the ONUS Pro cryptocurrency exchange platform. ONUS Pro is a prominent exchange in Southeast Asia with over 4.5 million registered users from Vietnam, offering access to more than 600 assets and reporting a 24-hour trading volume of approximately $315M.
The platform features an advanced matching engine processing up to 50,000 transactions per second, maintaining sub-second latency. Key features include intuitive UI/UX, high performance, abundant liquidity through diverse providers, and competitive trading fees. This strategic move aligns with Vemanti's focus on expanding its fintech footprint, particularly in cryptocurrencies and digital assets.
Vemanti Group (OTCQB: VMNT) ha annunciato le discussioni in corso per acquisire il controllo di maggioranza della casa madre di Onus Finance UAB, operatore della piattaforma di scambio di criptovalute ONUS Pro. ONUS Pro è una delle principali piattaforme di scambio nel sud-est asiatico con oltre 4,5 milioni di utenti registrati in Vietnam, offrendo accesso a oltre 600 asset e riportando un volume di trading di circa 315 milioni di dollari nelle ultime 24 ore.
La piattaforma presenta un motore di abbinamento avanzato che elabora fino a 50.000 transazioni al secondo, mantenendo una latenza inferiore a un secondo. Le caratteristiche principali includono un'interfaccia utente/design intuitivo, elevate prestazioni, liquidità abbondante attraverso diversi fornitori e commissioni di trading competitive. Questa mossa strategica è in linea con l’obiettivo di Vemanti di espandere la propria presenza nel settore fintech, in particolare nelle criptovalute e negli asset digitali.
Vemanti Group (OTCQB: VMNT) ha anunciado conversaciones en curso para adquirir el control mayoritario de la empresa matriz de Onus Finance UAB, operador de la plataforma de intercambio de criptomonedas ONUS Pro. ONUS Pro es un intercambio destacado en el sudeste asiático, con más de 4.5 millones de usuarios registrados en Vietnam, que ofrece acceso a más de 600 activos y reporta un volumen de transacciones de aproximadamente $315 millones en 24 horas.
La plataforma cuenta con un motor de emparejamiento avanzado que procesa hasta 50,000 transacciones por segundo, manteniendo una latencia de menos de un segundo. Las características clave incluyen una interfaz de usuario/diseño intuitivo, alto rendimiento, abundante liquidez a través de diversos proveedores y comisiones comerciales competitivas. Este movimiento estratégico se alinea con el enfoque de Vemanti en expandir su presencia en fintech, especialmente en criptomonedas y activos digitales.
Vemanti Group (OTCQB: VMNT)는 ONUS Pro 암호화폐 거래소 플랫폼의 모회사인 Onus Finance UAB의 지배권을 인수하기 위한 지속적인 논의를 발표했습니다. ONUS Pro는 베트남에서 450만 명 이상의 등록 사용자를 보유한 동남아시아의 주요 거래소로, 600개 이상의 자산에 대한 접근을 제공하며 약 3억 1천5백만 달러의 24시간 거래량을 기록하고 있습니다.
이 플랫폼은 초당 최대 50,000건의 거래를 처리하는 고급 매칭 엔진을 갖추고 있으며, 서브 초 단위의 지연 속도를 유지합니다. 주요 기능으로는 직관적인 UI/UX, 높은 성능, 다양한 공급자를 통한 풍부한 유동성, 경쟁력 있는 거래 수수료가 있습니다. 이 전략적 움직임은 Vemanti의 핀테크 입지 확장에 대한 집중, 특히 암호화폐 및 디지털 자산에 부합합니다.
Vemanti Group (OTCQB: VMNT) a annoncé qu'elle était en pourparlers pour acquérir le contrôle majoritaire de la société mère d'Onus Finance UAB, opérateur de la plateforme d'échange de cryptomonnaies ONUS Pro. ONUS Pro est une bourse de premier plan en Asie du Sud-Est avec plus de 4,5 millions d'utilisateurs enregistrés au Vietnam, offrant un accès à plus de 600 actifs et rapportant un volume de transactions de près de 315 millions de dollars au cours des dernières 24 heures.
La plateforme dispose d'un moteur d'appariement avancé capable de traiter jusqu'à 50 000 transactions par seconde, maintenant une latence inférieure à une seconde. Les principales fonctionnalités incluent une interface utilisateur/UX intuitive, des performances élevées, une liquidité abondante grâce à divers fournisseurs et des frais de transaction compétitifs. Ce mouvement stratégique s'aligne avec l'objectif de Vemanti d'étendre son empreinte fintech, en particulier dans les cryptomonnaies et les actifs numériques.
Vemanti Group (OTCQB: VMNT) hat angekündigt, dass Gespräche über die Übernahme der Mehrheitskontrolle des Mutterunternehmens von Onus Finance UAB, Betreiber der ONUS Pro-Kryptowährungsbörse, im Gange sind. ONUS Pro ist eine bedeutende Börse in Südostasien mit über 4,5 Millionen registrierten Nutzern aus Vietnam, die Zugang zu mehr als 600 Assets bietet und ein Handelsvolumen von rund 315 Millionen US-Dollar in den letzten 24 Stunden berichtet.
Die Plattform verfügt über eine fortschrittliche Matching-Engine, die bis zu 50.000 Transaktionen pro Sekunde verarbeitet und eine Latenz von weniger als einer Sekunde aufrechterhält. Zu den wichtigsten Merkmalen gehören eine intuitive Benutzeroberfläche/UX, hohe Leistung, reichlich Liquidität durch verschiedene Anbieter und wettbewerbsfähige Handelsgebühren. Dieser strategische Schritt passt zu Vemantis Fokus, seine Präsenz im Fintech-Bereich, insbesondere in Kryptowährungen und digitalen Vermögenswerten, auszubauen.
- Platform processes 50,000 transactions per second with significant processing capacity
- Large existing user base of 4.5 million registered users
- Substantial daily trading volume of $315M
- Access to over 600 crypto assets
- Strong market presence in Southeast Asia
- Acquisition deal still under negotiation with no guaranteed completion
- Geographic concentration risk with user base primarily from Vietnam
IRVINE, Calif., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Vemanti Group, Inc. ("Vemanti" or the "Company") (OTCQB: VMNT) today announced ongoing discussions aimed at acquiring a majority control of the parent company of Onus Finance UAB (“Onus Finance”), the operator of the innovative cryptocurrency exchange platform, ONUS Pro (https//goonus.io). This strategic move aligns with the Company’s refocus on expanding its footprint in the fintech sector, particularly within the burgeoning fields of cryptocurrencies and digital assets.
ONUS Pro provides a cutting-edge platform for cryptocurrency trading, prioritizing security, user-friendly interfaces, and advanced trading features to serve a global clientele. It focuses on new entrants to the cryptocurrency market by developing user-friendly, secure digital financial investment solutions that everyone can use. It’s arguably one of the most recognized exchanges in Southeast Asia. The platform provides a complete ecosystem of investment products, offering access to over 600 assets and with more than 4.5 million registered users from Vietnam. At the time of this press release, its 24-hour total trading volume was valued at approximately
Developed entirely by a dedicated in-house development team, ONUS Pro seeks to set the standard for derivatives exchanges with four standout features:
- Intuitive UI/UX: At the core of ONUS Pro is a user-centered design philosophy committed to delivering a seamless and stable trading experience that caters directly to the needs of all users.
- High Performance: State-of-the-art matching engine is capable of processing up to 50,000 transactions per second, maintaining latency under one second for each order. With this robust technology, ONUS Pro is built to become a global leader in the exchange market.
- Abundant Liquidity: By collaborating with diverse liquidity providers, ONUS Pro ensures a rich and ready supply of trading resources, enhancing market efficiency and trader satisfaction.
- Competitive Fees: ONUS Pro offers some of the most attractive fees among leading exchanges, making it an economical choice for traders worldwide.
The Company is committed to providing robust digital financial solutions and its ambition is to enhance shareholder value through strategic growth initiatives. A transaction with Onus Finance would enhance the Company’s product offerings and market presence significantly. While the deal remains under negotiation, the Company is excited about the potential to significantly strengthen its fundamentals by integrating Onus Finance's market proven products and customer base into its overall fintech ecosystem including digital banking post-closing.
About Vemanti
Vemanti Group, Inc. is a diversified technology holding company with a focus on the emerging markets of Southeast Asia. We operate across various sectors of innovative leading-edge digital financial services. We seek growth through strategic partnerships, joint ventures, or mergers and acquisitions with established businesses. By leveraging synergies and complementary strengths of these relationships, we look to diversify and expand our market reach. Ultimately, as a publicly traded company, we're committed to creating long-term value for our shareholders while actively seeking out new opportunities. Learn more at: https://vemanti.com
About Onus Finance
Onus Finance UAB is a financial services company that offers a crypto wallet and exchange for buying and selling digital assets. Established in April 2022 and headquartered in Vilnius, Lithuania, Onus Finance UAB is at the forefront of financial innovation, offering cutting-edge cryptocurrency solutions. As a dynamic financial services provider, Onus Finance specializes in a comprehensive crypto wallet and robust exchange platform, enabling the efficient buying and selling of digital assets. Licensed and regulated, Onus Finance ensures secure, reliable, and compliant trading experiences for users across the globe. Our commitment to excellence and trust defines our rapid growth and strong market presence in the digital finance industry.
Legal Disclaimer
This press release may include, and oral statements made from time to time by representatives of the Company may include, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filing with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s filings with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contact Information
Vemanti Group, Inc.
Investor Relations
+1.949.559.7200
ir@vemanti.com
FAQ
What is the current trading volume of ONUS Pro that VMNT is looking to acquire?
How many registered users does ONUS Pro have on its platform?
What is the transaction processing capacity of ONUS Pro's matching engine?
How many crypto assets are available for trading on ONUS Pro platform?
What is the strategic reason behind VMNT's potential acquisition of Onus Finance?
