U.S.-listed Universal Safety Products said it will change its name to DeFi Capital Markets on Oct. 19 and begin trading under the new ticker DCM. The company also said it plans to gradually wind down its existing product business. Going forward, its focus will shift to tokenized assets, digital assets, market making, quantitative trading, and blockchain-based financial markets. The announcement outlines a clear change in business direction, moving the company away from its legacy operations and toward crypto- and blockchain-related activities. No additional financial details were disclosed in the brief update cited by Odaily.
U.S.-listed Universal Safety Products said it will rename itself DeFi Capital Markets on Oct. 19 and trade under the new ticker DCM.
The company said it will gradually discontinue its existing product business and shift its focus to tokenized assets, digital assets, market making, quantitative trading, and blockchain financial markets.
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