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SilverBox Corp IV Class A ( (SBXD) ) has shared an announcement.
On December 4, 2025, Parataxis Holdings LLC announced a definitive agreement to acquire a controlling interest in Sinsiway Co. Ltd., a South Korean IT and data security company, in a transaction valued up to KRW 35 billion. This agreement will lead to the creation of South Korea’s first Ethereum-based treasury platform listed on the KOSDAQ, anchored by US-based institutional investors. The transaction signifies a strategic move to bridge traditional institutional finance with the digital economy of Ethereum, enhancing Parataxis Holdings’ presence in the South Korean market. Edward Chin, CEO of Parataxis Holdings, will join the board, while Michael Myunghoon Lee will become the CEO, marking a significant step in expanding digital asset investments in the region.
More about SilverBox Corp IV Class A
Parataxis Holdings LLC, an affiliate of Parataxis Capital Management LLC, is a multi-strategy investment firm focused on the digital asset sector. Founded in 2019, it manages hedge fund vehicles and provides sub-advisory services for institutional allocators, family offices, fund-of-funds, and high net worth individuals. Both firms are headquartered in New York City.
Average Trading Volume: 85,996
Technical Sentiment Signal: Strong Buy
Current Market Cap: $268.3M
For detailed information about SBXD stock, go to TipRanks’ Stock Analysis page.