GAMG Announces Strategic Alliance with Multiple Parties to Promote the Economic Revitalization of St. Croix
PR Newswire
1h ago
Ai Focus
Global Asset Management Group, Alexander Hamilton Opportunity Zone Fund and TriFactor Capital Markets Network announce the deployment of a cross-border public capital market platform to support real estate acquisitions, community infrastructure restoration, and regional development in St. Croix, US Virgin Islands. The company stated that this arrangement will revolve around the "3rd Wall Street" central project, providing local enterprises with a path to go public, but related transactions and projects are still subject to regulatory approval, financing, and market conditions, among other factors.
Helpful
No.Help

SEDI-CASE, Global Asset Management Group ( GAMG ), Alexander Hamilton Opportunity Zone Fund and TriFactor Capital Markets Network are deploying a cross-border public capital market platform.

St. Croix, United States Virgin Islands, October 21st / PRNewswire / — Following the clear administrative announcement made by the Governor of the United States Virgin Islands, Albert Bryan Jr, on September 30, 2026, to launch the "3rd Wall Street Financial District Hub Initiative," all parties have finalized a strategic cooperation at the institutional level in order to promote a public capital market focused on real estate acquisitions, economic revitalization of community infrastructure, restoration, and regional development throughout the region.

According to the statement confirmed by SEDI-CASE, Managing Director and Special Economic Envoy Anthony Weeks, this measure, described as "transformational," directly connects local real estate development targets in the Caribbean region with international financial channels. Weeks stated: "By establishing this infrastructure, we are successfully linking the vast liquidity nodes of Wall Street in New York and South Florida, as well as the tremendous opportunities in St. Croix, thereby creating a highly structured cross-border ecosystem for business, trade, and financial flows."

This integrated network will combine the publicly capitalized architecture of Global Asset Management Group Inc (. OTCBQB : GAMG ), as well as the targeted tax incentive investment pathways of Alexander Hamilton Opportunity Zone Fund. Coupled with the清算 technology of TriFactor Capital Markets Network, this alliance will establish the first public capital market tool in the U.S. Virgin Islands capable of promoting long-term capital inflows for community infrastructure repairs and Class A commercial assets, with the entity based at St. Croix's 3rd Wall Street Hub as the core. This new public capital market will also allow local private companies to list on it if they choose to do so.

Capital deployed through qualified opportunity zone structures may be entitled to certain tax incentives under applicable federal laws. The availability and extent of such incentives depend on the individual circumstances of each investor, applicable regulations, the investment structure, and ongoing compliance with legal requirements. Potential investors should consult their respective legal, tax, and financial advisors regarding any possible tax consequences. In accordance with the U.S. Securities and Exchange Commission rules Rule 255 “Testing the Waters”, relevant contact procedures are underway that allow participants to register for preferential allocation through non-binding expressions of interest.

Regarding SEDI-CASE & Invest: USVI SEDI - CASE

USVI SEDI - CASE is an economic integration and project development organization that focuses on enhancing the regional trade, business, technology, and global capital deployment framework of the United States Virgin Islands. For authoritative updates on projects, download links, and compliance tracking, please visit the official website www.sedivision.org.

This press release contains forward-looking statements regarding anticipated collaborations, capital formation initiatives, economic development activities, real estate acquisitions, infrastructure projects, investment opportunities, and related business objectives. These statements are based on current expectations and assumptions and are subject to risks, uncertainties, regulatory approvals, financing considerations, market conditions, and other factors. Actual results may differ significantly from those expressed or implied. There is no guarantee that any proposed transactions, projects, or initiatives will be completed as described, or will be able to be completed at all.

Important Notice:

Mentions of government initiatives, public officials, economic development projects, and regional development goals are for informational purposes only and do not constitute an endorsement of any company, investment opportunity, securities, or business arrangement. This press release does not constitute an offer to sell or an invitation to purchase any securities. Any securities-related activities, if undertaken, will comply with applicable federal and state securities laws and will be based on the applicable issuance materials.

Tip
$0
Like
0
Save
0
Views 24
WalletJYS reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”,and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
Walmart Launches AI Proxy Shopping Feature, While Amazon Attempts to Limit This Technology
Wal-Mart stated on Wednesday that it has launched two new tools, "Proxy Profiles" and "Proxy Gateways," to help third parties AI act as proxies to purchase on behalf of customers. This move contrasts with Amazon's recent restrictions on third-party proxies accessing its website.
Businessinsider
·2026-10-22 06:04:05
0
Tesla's energy business revenue declines by 16% due to tariffs, refunds to customers
Tesla stated that although energy storage deployment in the third quarter of 2026 increased by 10% year-on-year to GWh, revenue from energy generation and storage business decreased by 16% year-on-year to $2.88 billion. The company said that the gross margin rebounded compared to the second quarter, but overall annual revenue is still down year-on-year, and the deployment volume fell short of analysts' expectations.
The Block
·2026-10-22 06:03:59
0
Canadian P2P crypto activity declines from a peak of 650,000 transactions, accompanied by a decrease in the number of student permits
A North American study released on October 14 by Chainalysis indicates that Canada's monthly peer-to-peer cryptocurrency transaction activity has declined from a peak of nearly 650,000 in the spring of 2024, in line with a decrease in the number of international student permits in the country. The study emphasizes that this is only a correlation at the group level and does not prove that international students are responsible for the decline in transactions. The article also mentions the costs of stablecoin remittances, restrictions on fiat currency payouts, as well as the progress of the Philippines' BPI in testing stablecoin settlements for overseas income.
crypto.news
·2026-10-22 05:54:33
6
Stablecoin shopping introduces the concept of lottery draws; SP3ND plans to launch random purchases
Regarding shopping with stablecoins, Peter predicts that lottery-style random retail purchases could become a business opportunity worth over $10 billion; Josip Volarevi introduces that SP3ND is developing a lottery-like shopping experience. SP3ND currently supports USDC, SOL, and BONK, and requires identity verification for large orders. The article also mentions the existing random opening mode of Collector Crypt, as well as a settlement case in the United States regarding prize boxes by FTC.
crypto.news
·2026-10-22 05:54:31
7
GRAIL to Announce Financial Results for the Third Quarter of 2026
GRAIL indicates that the third-quarter financial results will be announced after the close of U.S. stocks on November 4, 2026, and a webcast and conference call to discuss the results and business progress will be held at 1:30 p.m. Pacific Time and 4:30 p.m. Eastern Time on the same day.
PR Newswire
·2026-10-22 05:33:35
11
View More