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Dominari Holdings Forms Crypto Advisory Board to Support Strategic Expansion

1. Dominari Holdings forms a Crypto Advisory Board for cryptocurrency expansion. 2. The board includes influential members like Sonny Singh and Tristan Chaudhry. 3. CEO Anthony Hayes emphasizes long-term opportunities in the crypto ecosystem. 4. This initiative aligns with Dominari's aim to enhance shareholder value. 5. Dominari seeks to bridge traditional finance with blockchain innovation.

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Why Bullish?

The formation of a specialized Crypto Advisory Board indicates strategic growth potential for DOMH. Similar initiatives by companies in the crypto space have historically led to stock price increases.

How important is it?

The news highlights strategic changes that could lead to increased market position and investor interest. The crypto advisory board's influence could lead to significant partnerships that improve future earnings.

Why Long Term?

Building capabilities in the emerging crypto market takes time, but positions DOMH for sustainable growth. Historical trends show firms entering crypto markets see long-term value appreciation.

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Positioning to be a Bridge Between Traditional Finance and the Next Generation of Blockchain Innovation , /PRNewswire/ -- Dominari Holdings Inc. (Nasdaq: DOMH) today announced the formation of a new Crypto Advisory Board to support its expansion into crypto currency. This initiative underscores Dominari's commitment to expanding its presence in the rapidly evolving digital asset sector. Crypto Advisory Board Members The newly established Crypto Advisory Board will provide strategic guidance as Dominari pursues acquisitions and partnerships in the digital asset space, both for the Company and its clients. The new Crypto Advisory Board, while focused specifically on the crypto space, will work in parallel with the Company's more broadly focused Advisory Board. The inaugural members of this Advisory Board are Sonny Singh, a seasoned fintech executive, and Tristan Chaudhry, a recognized leader in blockchain innovation. Sonny SinghMr. Singh is a recognized crypto executive and thought leader, active in the digital asset sector since 2012. He is the Co-Founder and CEO of Beluga, a crypto education platform dedicated to onboarding the next billion users. Previously, he served as Chief Commercial Officer of BitPay, one of the largest crypto payments companies, where he helped raise over $70 million from prominent investors including Founders Fund, Index Ventures and Sir Richard Branson. Additionally, Mr. Singh was instrumental in helping BitPay obtain the NY BitLicense and also launched the first crypto debit cards with Visa and Mastercard Mr. Singh is also an active angel investor in multiple crypto and fintech companies and was one of the first advisors to Core Scientific. A frequent speaker at leading industry conferences worldwide, he is frequently featured as a guest commentator on Bloomberg and CNBC. He holds an MBA from the Thunderbird School of Global Management at Arizona State University, and a bachelor's degree from Binghamton University. Tristan ChaudhryMr. Chaudhry is an early crypto investor and software developer who entered the digital asset industry in 2013 with early investments in Litecoin and Dogecoin. Since then, he has developed and launched several successful DeFi protocols. In 2024, he founded Heroes of Mavia, and he is currently building Polyester, a decentralized exchange focused on cross-chain spot, lending and perpetual products. "We believe the crypto ecosystem represents one of the most significant long-term opportunities in global finance," said Anthony Hayes, Chief Executive Officer of Dominari. "Digital assets are no longer at the edge of finance – they are moving into the center. Dominari's expansion into this space aligns with our mission to identify transformative opportunities and bring them into the mainstream for Dominari shareholders and clients." For additional information about Dominari Holdings Inc., please visit: https://www.dominariholdings.com/ About Dominari Holdings Inc. The Company is a holding company that, through its various subsidiaries, is currently engaged in wealth management, investment banking, sales and trading and asset management. In addition to capital investment, Dominari Holdings provides management support to the executive teams of its subsidiaries, helping them to operate efficiently and reduce cost under a streamlined infrastructure. In addition to organic growth, the Company seeks opportunities outside of its current business to enhance shareholder value, including in the AI and Data Center sectors. Dominari Securities LLC's Mission Statement: Dominari Securities LLC, a principal subsidiary of Dominari Holdings Inc., is a dynamic, forward-thinking financial services company that seeks to create wealth for all stakeholders by capitalizing on emerging trends in the financial services sector and identifying early-stage future opportunities that are expected to generate a high rate of return for investors. Securities Brokerage and Registered Investment Adviser Services are offered through Dominari Securities LLC, a Member of FINRA, MSRB and SIPC. Securities brokerage, investment adviser and other non-bank deposit investments are not FDIC insured and may lose some or all of the principal invested. You can check the background of Dominari Securities and its registered investment professionals and review its SEC Form CRS on FINRA's BrokerCheck site at https://brokercheck.finra.org. Information for Dominari Securities LLC and its registered investment professionals as well as its SEC Form CRS may also be found on FINRA's BrokerCheck site. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the SEC, which include but are not limited to the Risk Factors set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 relating to its business. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law. Contacts:Dominari Holdings Inc.https://www.dominariholdings.com/ Investor RelationsHayden IRBrett Maas, Managing PartnerPhone: (646) 536-7331Email: [email protected]www.haydenir.com SOURCE Dominari Holdings Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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