Orangekloud to Acquire VeVe Platform and Rebrand for Nasdaq Listing Under VEVE

Key Facts

1Orangekloud Technology signed a definitive agreement to acquire Orbis Technology Limited, the operator of the VeVe platform.

2The company will be renamed VeVe Inc. and trade on Nasdaq under the ticker symbol VEVE upon closing.

3The transaction contemplates a concurrent private placement of $30 million to $100 million.

In a move reflecting the strategic consolidation within the digital collectibles sector, Orangekloud Technology has entered into a definitive agreement to acquire Orbis Technology Limited, the operator of the VeVe platform. Following the closing of the transaction, the company will be renamed VeVe Inc. and intends to trade on the Nasdaq stock exchange under the new ticker symbol VEVE. The deal also contemplates a concurrent private placement aimed at raising between $30 million and $100 million in capital.

Per market data and analyst reports, this acquisition aims to transition the VeVe digital collectibles platform into a publicly traded entity, supported by a significant liquidity catalyst from the targeted funding round. This development coincides with a period of improved economic sentiment in major markets, as evidenced by recent data from August 2026 showing stronger-than-expected economic sentiment indices in both Germany and the European Union.

While specific price levels for the instrument were unavailable at the close of August 24, 2026, the completion of the merger and the subsequent rebranding remain the primary catalysts for investors to watch. Additionally, market participants should monitor upcoming macro events, such as the release of the FOMC minutes, which could impact broader risk appetite on the Nasdaq.

Sources:

globenewswire.com