Black Titan announced it has entered into a securities purchase agreement with a U.S.-based institutional investor for a convertible note financing facility of up to $200 million, positioning the company to accelerate development and execution of its DAT+ strategy.
The company said the committed capital is expected to advance DAT+, a framework Black Titan previously outlined on December 11, 2024, for evaluating and engaging in digital asset-related initiatives with an emphasis on utility, risk management, liquidity, and institutional-grade operational readiness. Black Titan said the financing enhances its flexibility to strengthen the balance sheet, accelerate platform and technology development, and pursue strategic partnerships and expansion initiatives across its core business verticals.
Black Titan added that ARC Group Securities LLC served as the exclusive placement agent for the transaction. The company also noted that the announcement includes forward-looking statements, and that outcomes could differ materially due to risks, including closing conditions, market volatility, regulatory developments, and factors disclosed in its SEC filings.
KEY QUOTE:
“This investment represents an important milestone for Black Titan. The DAT+ strategy is central to our mission of building a resilient, scalable, and data-driven digital asset infrastructure. Securing access to up to $200 million of committed capital provides us with the financial flexibility to accelerate platform development, strengthen our balance sheet, and pursue high-impact opportunities across our ecosystem.”
Czhang Lin, Co-Chief Executive Officer, Black Titan
