Overview
- Caliber’s board approved a digital asset treasury centered on acquiring and staking Chainlink’s LINK, alongside a formal DAT policy and a new Crypto Advisory Board.
- The company plans to fund LINK purchases through its existing ELOC, cash reserves, and equity-based securities, with governance covering custody, security, and reporting.
- External advisors retained for the program include Perkins Coie, Manatt, Phelps & Phillips, and Deloitte to support legal, compliance, and controls.
- Management says it will use Chainlink technology to automate asset valuation (NAV), streamline fund administration, and explore liquidity options for its private funds.
- Shares of Caliber rose roughly 55%–60% after the announcement, even as the firm discloses a Nasdaq notice for failing equity requirements that gives it 45 days to submit a remediation plan.