OpenWorld Completes VerifyMe Merger, Lists on Nasdaq with Tokenization Focus
OpenWorld, Inc. has completed its merger with VerifyMe, Inc., renaming the Nasdaq-listed company OpenWorld, Inc. and shifting its focus towards real-world asset tokenization under digital-assets veteran Matthew Shaw.
The deal moves a publicly traded company into the tokenization of physical assets and operating-business cash flows, a segment drawing growing attention from institutional investors.
The combined company's common stock began trading on Nasdaq under the ticker OPNW at market open on October 1, replacing VerifyMe's former VRME listing.
Shaw, who has co-founded multiple technology and crypto companies and served as a director on several token projects, becomes chairman and chief executive officer.
OpenWorld is building infrastructure to bring real-world assets on-chain, converting the cash flows of operating businesses and physical assets into investable financial products.
The company combines financial structuring with blockchain infrastructure to develop, issue and distribute tokenized real-world assets for institutional investors.
The listing extends a broader effort to bring real-world asset tokenization into public markets as banks and fund managers seek tokenized exposure to operating assets.