LinkedInIntroduction
YUEDA DIGITAL HOLDING (NASDAQ: YDKG), formerly AirNet Technology Inc., is a Cayman Islands–incorporated Web3 and digital-economy company. Its core activities include the accumulation of mainstream cryptocurrencies, treasury management, exploration of yield opportunities (such as staking and on-chain liquidity provision), selective investments in Web3 infrastructure and applications, and advisory services for enterprises entering the digital-asset economy. YUEDA DIGITAL HOLDING operates with a compliance-focused approach aimed at enhancing long-term value while supporting open blockchain networks.
Corporate Structure
According to the company’s LinkedIn profile (under the name “Gravity Global”), YUEDA DIGITAL HOLDING employs between 501 and 1,000 staff across multiple regions. The firm maintains a dual-class share structure:
- Class A ordinary shares (formerly ordinary shares)
- Class B ordinary shares (formerly preferred shares)
Its CUSIP number remains unchanged following the share re-designation.
Digital Assets by Joshua Sortino
Name Change and Share Re-designation in September 2025
- September 5, 2025: At an Extraordinary General Meeting, shareholders approved the re-designation of shares—ordinary shares to Class A and preferred shares to Class B.
- September 11, 2025: The company received its Certificate of Incorporation on Change of Name from the Cayman Islands Registry of Companies.
- September 19, 2025: Trading commenced under the new name YUEDA DIGITAL HOLDING and ticker symbol YDKG on NASDAQ.
On its first trading day as YDKG, the stock closed at USD 4.75, reflecting a price increase of 36.49 percent, on a volume of 1,024,315 shares.
Financial and Strategic Analysis
The 36.49 percent price increase on September 19, 2025, indicates investor interest in the corporate transformation and emphasis on Web3 initiatives. Key strategic aspects include:
- Dual-class share structure: Provides the board with flexibility in governance and capital-structure decisions.
- Treasury management: Accumulation of digital assets funded through treasury allocations, strategic investments, or capital-transaction proceeds.
- Yield opportunities: Engagement in staking and liquidity provision activities, subject to jurisdictional permissions and risk management protocols.
- Investment and advisory services: Focused on deals in Web3 infrastructure and enterprise advisory engagements, providing potential revenue diversification beyond asset appreciation.
Industry Context and Market Position
The company’s pivot aligns with wider trends toward institutional adoption of digital-asset management and blockchain-based services. By integrating treasury management, yield-generation strategies, and selective infrastructure investments, YUEDA DIGITAL HOLDING positions itself among peers aiming to connect traditional capital markets and decentralized finance. Its compliance-oriented framework addresses regulatory considerations pertinent across various jurisdictions.
tl;dr
On September 19, 2025, AirNet Technology Inc. began trading as YUEDA DIGITAL HOLDING (YDKG) on NASDAQ, following shareholder approval of a dual-class share re-designation on September 5 and legal name change on September 11. The stock increased by 36.49 percent to USD 4.75 on its first day under the new ticker, with trading exceeding one million shares. YUEDA DIGITAL HOLDING will concentrate on cryptocurrency accumulation, risk-managed yield activities, Web3 infrastructure investments, and advisory services, utilizing its dual-class capital structure for strategic flexibility.
