Biotech Company NovaBay Announces Pivot to Stablecoin Business, Stock Price Rises 19%
Biotech company NovaBay announced a strategic transformation, rebranding itself as Stablecoin Development Corporation to venture into the digital asset field, with its stock price increasing by about 19%. The company changed its stock ticker from NBY to SDEV and holds approximately 2.06 billion SKY tokens. This transition was facilitated by $134 million in private equity financing.
SKY4.84%
GateNews·03-23 23:30
