Super League Enterprise Inc (SLE) News & EventsSLESuper League Enterprise Inc

Webull to Launch Crypto-Linked Perpetual Futures in November

As bitcoin, ethereum and other cryptocurrencies see major legal, institutional, and technological developments, the financial landscape continues to adapt. Stay up on the crypto news that matters with the "Crypto Currents" weekly from The Fly. Also, join us for your essential daily recap, every day at 2 PM ET on FlyCast radio.WEBULL TO DEBUT CRYPTO-LINKED PERPETUAL FUTURES:Webullannounced Tuesday it will offerstarting in November, expanding its derivatives offering through access to a growing asset class through a regulated platform. Webull's perpetual futures will be listed on KalshiEX, a CFTC-regulated Designated Contract Market, and cleared through Kalshi Klear, a CFTC-regulated Derivatives Clearing Organization. Webull will begin rolling out perpetual futures in November, with broader availability anticipated before year-end. The initial offering will include bitcoin and other crypto assets, with additional products to follow, subject to applicable regulatory review and exchange listing requirements."Perpetual futures have become a significant part of global derivatives markets, with annual volume reaching more than $90T in 2025," said Anthony Denier, Group President and U.S. CEO. "As this market continues to grow, we believe U.S. investors should have access to perpetual futures through a regulated platform they already know and trust, bringing a product with significant global adoption into the U.S. regulated futures market."SOFI LAUNCHES SOFI EARN TOKENIZED DEPOSIT:SoFi Technologiesannounced Thursday thefor consumers. SoFi members can now earn interest on digital dollars while keeping them ready to use, representing the company's fifth new crypto offering in less than a year. Each SOFIE represents $1 held on deposit at SoFi Bank, earning 4.40% APY with funds FDIC-insured up to applicable FDIC limits. When members are ready to put those funds to work, they can convert SOFIE 1:1 to SoFiUSD, then use the SoFiUSD to buy crypto directly in the SoFi app or move money over blockchain rails 24/7."Too much money in the digital asset ecosystem is sitting idle, leaving massive potential earnings on the table for millions of people," said Anthony Noto, CEO. "We believe your money should keep working for you until the moment you need it. SoFi Earn combines the earning power and protections of a bank deposit with the speed and utility of digital assets, giving people more value, flexibility and control over their money."Truist lowered the firm's price target on SoFi to $16 from $19 and kept a Hold rating on the shares as part of a broader research note updating the firm's models while previewing Q3 earnings among Payments and Fintech names. For the group as a whole, the setup is complicated, as the U.S. macro backdrop remains constructive, though the firm is wary of a slowdown in European consumer spending and the adverse impact of higher rates, the analyst said.COINBASE, THUNES PARTNER FOR STABLECOIN INFRASTRUCTURE:Coinbaseannounced Monday that the company isto connect its stablecoin infrastructure with Thunes' global fiat payout network. Coinbase will power Thunes' stablecoin infrastructure, while Thunes will expand Coinbase's payout reach to local bank accounts and mobile wallets. Together, the companies will support cross-border payments across enterprise supplier payments, gig worker payouts, and international remittances. The company said, "By bringing together Coinbase's stablecoin solutions and Thunes' global payout network, we're connecting digital asset infrastructure with the local financial systems people and businesses use every day. The goal is straightforward: connect stablecoin money movement with the payout options recipients already use."The company also announced Thursday that Coinbase Ireland Limited has cooperated with the Central Bank of Ireland to reach a settlement over its historic safeguarding practices, including the outsourcing of certain safeguarding operations. Under the settlement, CBIE will pay a EUR 3.25M fine.SOLUNA, APPLIED DIGITAL TO DEVELOP AI DATA CENTER:Soluna Holdingsannounced Wednesday that it has entered into awith Applied Digital Corporationto develop a planned 50 MW critical IT data center for AI and HPC at Project Dorothy 3, Soluna's development site near Silverton Texas and the Briscoe Wind Farm. Under the agreement, Soluna is expected to contribute a portion of the Dorothy 3 site, including land and power-related project assets, to the project company, and Applied is expected to provide capital to support the development of the project. Following the closing of the transactions, Applied is expected to hold a 51% interest in the project company, and Soluna is expected to hold the remaining 49% interest. The closing of the transaction is subject to the satisfaction of certain conditions precedent, including the approval of a tax abatement for the project in Briscoe County, Texas, receipt of title policies, obtaining certain corporate approvals, successful negotiation and execution of the operating agreement for the project company, definitive leases, power agreements and other definitive agreements, and other customary conditions. The transactions are expected to close by the end of the calendar year."We have said for a long time that the constraint in AI is energy access, not chips," said John Belizaire, CEO. "We built Soluna to bring load to the generation, so the power would be ready when the demand arrived. Partnering with Applied at Dorothy 3 puts that strategy to work: our site and wind power, combined with a proven builder and operator of AI data centers. We look forward to completing the remaining steps, including the tax abatement process in Briscoe County, and to bringing this project forward with the local community."Rosenblatt lowered the firm's price target on Soluna to $2 from $4 and kept a Buy rating on the shares. Soluna's new joint venture with Applied Digital is "an important first step" in the transition from Bitcoin hosting to HPC leasing, said the analyst, who lowered estimates with the reduced economics, but believes this deal is "a key positive" for Soluna shares.KALSHI, BITGO LAUNCH HODL MARGINING:BitGo Holdingsand Kalshi Prime announced Thursday thethat enables eligible customers to fund fiat margin obligations with crypto holdings, without first selling any crypto assets. BitGo Bank & Trust, National Association, an OCC-regulated digital asset trust bank and subsidiary of BitGo, is the first custodian to join the new network. The HODL Margining network enables eligible customers of Kalshi Prime, the CFTC-registered futures commission merchant, to borrow against digital assets held in qualified custody at BitGo Bank & Trust, or any other custodian participating in the network, to fund margin for perpetual futures and other eligible margin products traded on KalshiEX."We're building a next generation FCM at Kalshi Prime. That means listening to our customers and providing what they need, adapting our model to how they actually hold and manage assets," said Jeff Bandman, CEO of Kalshi Prime. "We've always been crypto friendly, and HODL Margining is a great example of being customer focused: digitally native customers can fund their margin without having to sell their existing holdings. We see this as an exciting practical step in marrying the regulated CFTC framework with on-chain innovation."BitGo Holdings also announced Wednesday the launch of BitGo Labs, a research and innovation unit with a single charge to explore and build the next breakout application for digital assets. The company said, "BitGo Labs' earliest focus is at the intersection of AI and crypto. AI is advancing from chatbots to autonomous agents that research, negotiate, hire, and buy on the open internet. We believe the AI economy needs crypto financial infrastructure to process micropayments, instantly settle, and safely secure trillions of dollars in assets. Traditional financial technology cannot support this next leg of innovation, but BitGo can. At every step toward artificial general intelligence, new ways will open for people to contribute and earn. BitGo Labs believes some of crypto's most important use cases will be found here - and that they are still waiting to be built."OTHER CRYPTO NEWS:Circle Internet, Proof announceBitdeerreportsAI cloud pipeline of 333.5 MWStrategypurchasesreports USD reserve of $4.83B as of October 18, price target raised to $211 from $201 at Clear StreetBitmine ImmersionreportsDeFi DevelopmentaddsStrivepurchasesas of October 16Hyperscale Datareportsreaffirms FY27 revenue guidance of $300M-$350MGalaxy Digitalprice target loweredat Piper Sandler, to $36 from $46 at MaximPiper Sandler lowers Hut 8price targetRiot PlatformstoMara HoldingstoCleanSparkinitiatedSuper Leaguestockholders approve Metaplanet2,100BNB StandardappointsIRENestablishesOlenoxreportsunveils three-phase plan to power, expand BTC mining fleetSolana Companyselected asFoldlaunchesCRYPTO STOCK PLAYS:Publicly traded companies in the space include Bit Digital, Coinbase, Core Scientific, Mara Holdings, Strategy, Riot Platforms and TeraWulf.PRICE ACTION:As of time of writing, bitcoin was roughly flat this week at $81,800 in U.S. dollars, according to CoinDesk.

Super League Shareholders Approve Metaplanet's $210 Million Investment

Super League (SLE) announced that its stockholders approved all proposals presented at its 2026 annual meeting, held on October 16, including those related to the previously announced proposed strategic investment in Super League by Metaplanet (MTPLF). Under the definitive agreement announced on August 18, Metaplanet will contribute 2,100 bitcoin (BTC-USD), together with $2.5M in cash, to Super League at closing. Measured at the closing price of bitcoin on August 14, the reference date under the agreement, the 2,100 bitcoin was valued at about $132.1M. As of October 16, that value had increased to about $170M. The proposed transaction is anticipated to close in Q4, subject to customary closing conditions. At closing, Super League will be renamed Superplanet and trade on Nasdaq under the ticker symbol SUPA. In exchange for the bitcoin and cash, Metaplanet will receive 44.9M shares of common stock at $3 per share at closing. Metaplanet will also receive 100 shares of convertible perpetual preferred stock and ten-year warrants to purchase up to 381M shares of common stock in four tranches, with exercise prices stepping up from $3 to $33.50 per share. Additionally, for 24 months after closing, Metaplanet will have the right to subscribe for up to 2.1M shares of non-convertible junior liquidity preferred stock, with a stated value of $100 per share, and invest up to an additional $210M in Superplanet. Metaplanet has agreed to a five-year lock-up for all shares of common stock that will be issued to it at closing and any shares that may be issued upon exercise of its warrants or conversion of its preferred stock.

Super League Partners with Metaplanet, Invests 2,100 Bitcoins

Super League Enterprise issued a letter to stockholders from the company's chairman and CEO, Matt Edelman. "On August 18, 2026, Super League announced what I believe is the most consequential transaction in our history. With approval from you, our stockholders, at our 2026 Annual Meeting on October 16, 2026, and satisfaction of other closing conditions, we are on track to become part of a global platform with access to public capital markets in both the U.S. and Japan. More specifically, after closing, we would remain a Nasdaq-listed company, subject to the approval of Nasdaq, while also becoming a company controlled by Metaplanet Inc., a Tokyo Stock Exchange-listed company and the third largest corporate Bitcoin holder in the world. Also upon closing, we would have a new name - Superplanet, Inc. - representing both our legacy and our new partnership with Metaplanet. There are many details to this transaction, all available in our definitive proxy statement filed on September 25, 2026. I want to use this letter to focus on something critically important: why we believe it can fundamentally change the opportunity for our stockholders. For the past eighteen months, my focus has been on ensuring Super League could pursue an open-ended future enabled by a stable foundation. We eliminated debt, reduced costs, simplified our capital structure and strengthened the underlying business. We did that work because it was necessary. But it also created new possibilities - possibilities uniquely available to a clean, compliant, unencumbered Nasdaq company in a market that rewards scale, business model diversification, cost discipline and global relevance. This transaction represents that exact type of opportunity, offering Super League and our stockholders a future of an entirely different scale. I appreciate having this chance to share more about why we are so invigorated by this transformational trajectory... I want to be direct about something important: this is not a pivot away from Super League's operating business. With Metaplanet as our partner and parent company, we would be launching an additional business line, running in parallel with what we already do every day. While the Bitcoin treasury would be our primary driver of enterprise growth, we expect our gaming media and advertising business to continue alongside it, with continuity across our management team, employees, customers and brand partners, as described in our definitive proxy statement. We remain focused on our path to stronger financial outcomes. Nothing about our commitment to stabilizing and improving the results of that business changes as a result of this transaction. Alongside it, we would be adding a second, powerful new engine: a Bitcoin treasury, set to be seeded with an investment of 2,100 Bitcoin - worth approximately $132 million as of the closing price of Bitcoin on the Coinbase Exchange at 4:00 p.m. on August 14, 2026 - the largest single investment in Super League's history. While the value of Bitcoin remains volatile, it is worth noting the value of 2,100 Bitcoin as of the closing market price of Bitcoin on the Coinbase Exchange at 4:00 p.m. (New York City time) on October 2, 2026 increased to approximately $179 million. The transaction structure also provides for warrants and other investment rights that could potentially provide substantial additional capital to Superplanet over time if exercised, as described in our definitive proxy statement. Superplanet also would be able to pursue independent direct capital raises based on market conditions. We would intend to pursue such opportunities thoughtfully, favoring structures that grow Bitcoin per share for our stockholders. These two businesses are not as disconnected as they may first appear. The consumers we reach every day - people who play video games - demonstrate ongoing comfort with digital ownership, specifically of assets within video games, which they choose to purchase, trade, and value based on a combination of personal conviction and in-game dynamics. We believe that behavior creates real commercial opportunity. We've spent years helping brands build relationships with gaming audiences; we see the same potential in helping expand Bitcoin awareness and ownership within that same audience, and in time, developing unique programs that bring brands into the Bitcoin economy. We don't need to force these connections, but where they may meet naturally, we would strive to be first. Two businesses, each capable of creating increasing value on its own terms, operating under one roof..."