Mergers & Acquisitions ·
SVRN, Inc. (formerly OceanPal Inc.) completed its corporate transformation on August 27, 2026, changing its legal name…
SVRNSVRN, Inc.
SVRN, Inc. (formerly OceanPal Inc.) completed its corporate transformation on August 27, 2026, changing its legal name to align with its trading identity and NASDAQ ticker symbol "SVRN." The company has fully exited its legacy dry bulk shipping business, retired all Series C preferred stock, and eliminated outstanding debt without issuing equity or selling assets. SVRN now operates as a publicly traded digital asset treasury focused on the NEAR Protocol, holding over 55.5 million NEAR tokens acquired through a $120 million private placement in October 2025. The company aims to accumulate 10% of the total NEAR supply and is driving commercial adoption through initiatives such as a pilot partnership with Oracle for stablecoin payments. SVRN, Inc. operates in the digital asset management and blockchain infrastructure industry.