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VANCOUVER - NextGen Digital Platforms Inc. (CSE:NXT) (OTCQB:NXTDF), a $10.2 billion market cap technology company with "GREAT" financial health according to InvestingPro metrics, announced Friday the appointment of Mark Creaser, CEO of DSV Fund, as an advisor to the company.
Creaser, recognized for his leadership in the Bittensor ecosystem, brings experience in decentralized AI and Web3 infrastructure to NextGen, a digital asset and fintech platform company. The appointment comes as NextGen demonstrates strong financial performance, with InvestingPro data showing the stock has delivered an impressive 91% return over the past year and currently trades near its 52-week high.
"Mark brings extensive expertise and network reach in the rapidly growing decentralized AI sector," said Matthew Priebe, NextGen’s CEO, in a press release statement.
As CEO of DSV Fund, a regulated hedge fund specializing in Bittensor, Creaser has implemented OTC strategies to secure subnet positions and partnerships with founders in the network.
Prior to DSV, Creaser served as Managing Director of a national marketing and franchising business and founded a business growth agency. He holds a BA in Economics and Government from the University of Manchester.
In connection with the appointment, NextGen has granted Creaser 200,000 incentive stock options exercisable at $0.50 per share for a five-year period. The options will begin vesting four months after the grant date in equal quarterly installments over 12 months, contingent on Creaser’s continued advisory services.
NextGen Digital Platforms Inc. describes itself as providing investors with exposure to Web3 technologies, blockchain infrastructure, and digital assets. The company also operates PCSections.com, an e-commerce platform, and Cloud AI hosting, a hardware-as-a-service business supporting the artificial intelligence sector. With a healthy current ratio of 2.16 and more cash than debt on its balance sheet, NextGen maintains a strong financial position to support its growth initiatives. Discover more detailed insights and 12 additional ProTips about NextGen’s performance in the comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, Nextracker Inc. reported impressive first-quarter results for fiscal year 2026, surpassing both earnings and revenue forecasts. The company achieved an earnings per share (EPS) of $1.16, significantly above the expected $0.61, representing a 90.16% surprise. Revenue also exceeded expectations, reaching $864 million compared to the anticipated $632.94 million. Following these strong results, Nextracker raised its revenue and profitability guidance for the year. In response, Mizuho increased its price target for Nextracker to $66, maintaining a Neutral rating, while TD Cowen raised its target to $65 with a Hold rating. Both firms cited the company’s robust quarter and improved guidance as reasons for their adjustments. Additionally, Nextracker has expanded its business through acquisitions in robotics and artificial intelligence technologies. The company also held its annual stockholders meeting, where shareholders voted on several proposals.
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