The merger of VerifyMe and Open World has been unanimously approved — scheduled to be completed by Q2 2026

OnchainSniper · 2026-02-22T19:19:05+00:00

VerifyMe and Open World have unanimously approved their merger, aiming to create a comprehensive digital asset infrastructure by 2026. This strategic decision focuses on integrating blockchain technology with compliance, establishing a robust ecosystem for regulated digital assets.

OnchainSniper

2026-02-22 19:19:05

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The merger cooperation between VerifyMe, a Nasdaq-listed certified company, and Open World, a blockchain infrastructure platform, has been unanimously approved by both companies’ boards of directors. According to Foresight News, this strategic merger is expected to enable the provision of comprehensive services ranging from token issuance to regulated digital asset infrastructure.

Unanimous Board Support for the Partnership — Strategic Direction

Both boards of directors support this merger plan unanimously and aim to complete the merger in the second quarter of 2026 after shareholder approval and SEC regulatory procedures. The new company post-merger will focus on token launch functionalities, compliant digital asset infrastructure, enterprise-level compliance frameworks, and tokenization services for traditional assets.

This merger is a strategic decision responding to industry needs to balance blockchain technology with regulatory compliance, representing a significant milestone driven unanimously by both management teams.

Blockchain Infrastructure and Compliance — Core Business Areas

The new company’s planned operations include enterprise compliance frameworks and asset tokenization services. These services are expected to contribute to the development of regulatory environments and transparency in the digital asset market.

The integration of VerifyMe’s authentication technology with Open World’s blockchain infrastructure will create a more robust and reliable digital asset ecosystem.

Path to Nasdaq Listing — A New Market Start

In preparation for this merger, VerifyMe’s board of directors has resolved to terminate its existing share repurchase plan. After the merger is completed, the combined new company is expected to be listed on Nasdaq Capital Market under a new stock ticker.

Aiming for completion in the second quarter of 2026, this merger will establish a new corporate entity that, with unanimous support, will emerge as a core player in the digital asset infrastructure compliant with regulations in the Web3 era.

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