DatChat rebrands as Myseum ahead of Nasdaq symbol change

NEW BRUNSWICK, N.J. - DatChat, Inc. (Nasdaq:DATS), a micro-cap technology company with a market capitalization of $11.36 million, announced Friday it is rebranding as Myseum, Inc., with its common stock and Series A warrants set to begin trading under the new symbols "MYSE" and "MYSEW" on Nasdaq effective Monday, August 11, 2025.

The company stated the rebranding aligns with its strategic focus on the Myseum social media platform, which was launched in March 2025. According to the company, Myseum offers secure digital content management and storage for families, groups, and individuals. The stock has shown strong momentum with a 28.65% year-to-date return, despite significant market volatility with a beta of 1.96. InvestingPro analysis reveals 11 additional key insights about the company’s performance and outlook.

The DatChat messaging platform will continue to operate as a separate service, with its privacy technology integrated into the Myseum platform. Financial data from InvestingPro shows the company maintains a strong liquidity position with a current ratio of 10.3, indicating robust short-term financial health.

Darin Myman, Chief Executive Officer, said in the press release: "We are in a unique position to introduce to the world this fall a new form of social networking that should become an important part of daily life." The company’s upcoming earnings report is scheduled for August 14, 2025, which could provide additional insights into the platform’s performance and growth trajectory.

The company indicated an upcoming platform upgrade will deliver advanced features to enhance photo and video sharing capabilities. The Myseum platform currently includes 50 GB of free storage, with additional 50 GB increments available for a one-time charge of $29.95.

Myseum is available for iOS and Android devices, with a desktop version planned for later this year, according to the company statement.

The announcement noted that Myseum’s technology allows users to create albums, encrypted galleries with limited access, personalized newsfeeds, and collections from other users.

This information is based on a press release issued by the company.

In other recent news, DatChat, Inc. announced that it has secured a Canadian patent for its electronic content transformation technology. This addition to the company’s intellectual property portfolio marks the 17th issued patent, complementing existing patents in the United States. The technology has also received notices of allowance from patent offices in Mexico and Europe. This development highlights DatChat’s ongoing efforts to expand its patent holdings internationally. While there were no updates on earnings or revenue, this patent acquisition could be significant for the company’s future innovations. The company continues to focus on enhancing its secure messaging and social media platforms. This recent patent grant underscores DatChat’s commitment to protecting its technological advancements.

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