Intellistake appoints SingularityNET CFO Casiraghi to advisory board

PALM BEACH - Intellistake Technologies Corp. (CSE:ISTK) (OTC:ISTKF) announced Wednesday the appointment of Mario Casiraghi to its advisory board to help bridge traditional finance and digital asset markets. The company, with a market capitalization of approximately $5.1 billion, has received a "Fair" overall financial health score according to InvestingPro analysis.

Casiraghi currently serves as Group CFO at SingularityNET Foundation and CEO of Singularity Venture Hub, a firm managing over $90 million in assets. His experience spans both traditional finance, where he executed over $80 billion in structured transactions at Bank of America Merrill Lynch and ING Bank, and the digital asset ecosystem. According to InvestingPro data, analysts maintain a strong buy consensus on Intellistake, with price targets ranging from $11 to $25.

At SingularityNET, Casiraghi has scaled a multi-token digital ecosystem from $40 million to over $5 billion in market capitalization. He also led the structuring of the Artificial Superintelligence Alliance, a $6 billion token-based merger between three decentralized AI networks.

"Mario’s unique combination of traditional finance background and deep understanding of digital asset ecosystems makes him a great addition to our Advisory Board," said Jason Dussault, CEO of Intellistake Technologies.

Casiraghi’s appointment comes as Intellistake focuses on decentralized artificial intelligence and digital currencies. The company aims to provide traditional investors with regulated access to AI and blockchain technology through stock exchange mechanisms.

"This next step allows us to converge even more deeply on the innovative work Intellistake is doing in decentralized finance and AI—two sectors I believe are shaping the future," Casiraghi said in the press release statement.

Intellistake Technologies is traded on the Canadian Securities Exchange, the OTC market, and the Frankfurt Stock Exchange. The company is scheduled to report its next earnings on July 31, 2025. Investors seeking deeper insights into Intellistake’s financials and growth prospects can access comprehensive analysis through InvestingPro’s detailed research reports, available for over 1,400 US-listed companies.

In other recent news, Riot Platforms produced 450 bitcoin in June 2025, marking a 12% decrease from the previous month’s production of 514 bitcoin. Despite this decline, the June production represented a significant 76% increase compared to the same month in the previous year. BTIG reiterated a Buy rating on Riot Platforms, highlighting the company’s power infrastructure portfolio and potential in the high-performance computing market. BTIG emphasized Riot’s early adoption of power infrastructure, particularly noting the Corsicana facility’s capacity expansion.

Additionally, Needham raised its price target for Riot Platforms from $12 to $15, maintaining a Buy rating. The firm pointed to the Corsicana site’s attractiveness, with its 1GW total capacity, as a key factor for the increased valuation. Riot Platforms also saw a 6.2% surge in its stock price following the successful IPO of Circle Internet Group, which influenced the rise of crypto-related stocks. These developments underscore Riot Platforms’ strategic positioning and growth potential in the cryptocurrency sector.

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