Native Markets: Intends to collaborate with Bridge to issue USDH, and will maintain technological neutrality if the bid is successful.

By: theblockbeats.news|2025/09/10 01:22:41

BlockBeats News, September 10th, Hyperion community leader Max stated at the "USDH Stablecoin Roundtable Conference" held at Hyperliquid that building a stablecoin system first needs to be somewhat innovative. Although there are many existing stablecoin solutions, Hyperliquid has a unique ecological positioning. Native Markets and Bridge clearly see USDH as a collaborative project, and the protocol will directly sign with Bridge (as I have emphasized multiple times), believing that necessary safeguards have been put in place. It should be pointed out that cooperating with licensed companies can also gain access to the infrastructure advantages of the Hyperliquid network — we value this very much, as its value far exceeds the institutional interface itself. Native Markets always maintains technological neutrality and ensures that this principle becomes a core consideration throughout the entire decision-making process.

As the least well-known bidder for USDH, Native Markets' proposal was put forward by Max, the community leader of Hyperion, the listed company on the Hyperliuquid DAT. Native Markets plans to use Bridge to complete the stablecoin fiat channel docking. Regarding shared revenue, they stated that they will inject reserve interest profits into Hyperliquid's community assistance fund. Their advantage lies in the team's deep cultivation of the Hyperliquid chain and a comprehensive understanding of the local ecosystem.

BlockBeats previously reported that last Friday, Hyperliquid announced the launch of a "USD-pegged stablecoin that prioritizes Hyperliquid, aligns with the Hyperliquid concept, and is compliant," and reserved the USDH token code for this purpose. Subsequently, many stablecoin issuers, including Paxos, Frax Finance, Ethena Labs, and Agora, have rapidly entered into the competition for the issuance rights of the USDH stablecoin.

-- Price

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.

2025 Full-Year Financial Highlights

Revenue: Expected to be between $39 million and $41 million, reaching a new company high.

Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.

Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.

Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.

Core Consumer Food Business Performance

In 2025, DDC's core consumer food business maintained strong operational performance.

The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.

In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.

Bitcoin Reserve Update

In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.

As of December 31, 2025: The company holds 1,183 BTC.

As of February 28, 2026: Holdings increased to 2,118 BTC

Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC

DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."

Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation

About DDC Enterprise Limited

DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.

The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.

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