OceanPal's Annual Report Reveals Significant NEAR Token Holdings

OceanPal, a digital asset management operator listed on Nasdaq, has released its annual financial report. According to PANews, the report reveals that the company holds approximately 51.3 million NEAR tokens on its balance sheet, with an additional 2.85 million NEAR tokens used as collateral for derivative positions. Previously, OceanPal announced in October last year a collaboration with the NEAR Foundation for a $120 million PIPE investment, leading to the establishment of a wholly-owned subsidiary, SovereignAI Services. This subsidiary is projected to have total assets of around $85.5 million by December 31, 2025.