Mangoceuticals, a Nasdaq-listed company, plans to launch a $100 million SOL digital asset treasury

NASDAQ-listed company Mangoceuticals announced the establishment of a subsidiary, Mango DAT, in collaboration with Cube Group, to advance the strategy of building a $100 million SOL Digital Asset Treasury (DAT). The related funds will be raised through an ATM financing program and the sale of common stock.

It is reported that the company has also submitted a "MULTI-DAT" trademark application to the United States Patent and Trademark Office to implement a series of strategic digital asset and DeFi initiatives.