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Cuentas ( (CUEN) ) has provided an update.
On January 7, 2026, Cuentas, Inc. entered into a Limited Liability Company Agreement with Tummo Road LLC to form World Mobile Media Group LLC, a Delaware joint venture that will operate an OTT media and digital content platform, including a continuous programming channel branded as “WMM 24/7.” Cuentas will hold a controlling 51% membership interest and Tummo 49%, with each appointing one managing member to jointly run day-to-day operations, while major corporate actions will require consent from holders of at least two-thirds of membership interests, and profits and losses allocated 51% to Cuentas and 49% to Tummo. The JV is subject to robust financial reporting and governance requirements, including quarterly unaudited and annual audited statements, restrictions on transfers of membership interests, and mediation followed by expedited arbitration for disputes, and the agreement also provides that Tummo will help coordinate a $400,000 securities purchase, payable to Cuentas, with $150,000 earmarked for the new media joint venture, underscoring Cuentas’ strategic push into streaming media and structured oversight of the venture’s finances and operations.
More about Cuentas
Cuentas, Inc. operates in the digital media and content sector and is expanding into internet-delivered over-the-top (OTT) media services. Through a newly created joint venture structure, the company is positioning itself around a continuous programming channel and digital content platform aimed at streaming audiences under the “World Mobile Media” or “WMM” brand.
Average Trading Volume: 6,776
Technical Sentiment Signal: Sell
Current Market Cap: $677.1K
For detailed information about CUEN stock, go to TipRanks’ Stock Analysis page.