OceanPal Subsidiary Holds $133M in NEAR Tokens
Ticker: SVRN · Form: 6-K · Filed: Nov 17, 2025 · CIK: 1869467
| Field | Detail |
|---|---|
| Company | Oceanpal Inc. (SVRN) |
| Form Type | 6-K |
| Filed Date | Nov 17, 2025 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $133 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: digital-assets, cryptocurrency, subsidiary-holdings, yield
Related Tickers: NEAR
TL;DR
OceanPal's subsidiary is sitting on $133M in NEAR tokens, yielding 5.3% annually!
AI Summary
On November 17, 2025, OceanPal Inc. announced that its subsidiary, SovereignAI Services LLC, held 53.9 million NEAR tokens valued at approximately $133 million as of November 13, 2025. This holding represents about 4.2% of the total NEAR token supply and has achieved an approximate 5.3% gross annual percentage yield before fees since its inception on October 28, 2025.
Why It Matters
This filing details significant digital asset holdings by a subsidiary, providing insight into the company's diversification into cryptocurrency and its potential yield generation.
Risk Assessment
Risk Level: medium — The value of digital assets is highly volatile, and the company's performance is now tied to the price fluctuations of NEAR tokens.
Key Numbers
- $133 million — NEAR Token Value (As of November 13, 2025, held by SovereignAI Services LLC.)
- 53.9 million — NEAR Tokens (Held by SovereignAI Services LLC as of November 13, 2025.)
- 5.3% — Gross Annual Yield (Achieved before fees since inception on October 28, 2025.)
Key Players & Entities
- OceanPal Inc. (company) — Registrant
- SovereignAI Services LLC (company) — Wholly owned subsidiary of OceanPal Inc.
- NEAR tokens (dollar_amount) — Digital asset holdings
- 53.9 million (dollar_amount) — Quantity of NEAR tokens
- $133 million (dollar_amount) — Value of NEAR tokens
- November 17, 2025 (date) — Date of press release
- November 13, 2025 (date) — Date of holdings valuation
- October 28, 2025 (date) — Inception date of yield calculation
FAQ
What is the total value of NEAR tokens held by SovereignAI Services LLC as of November 13, 2025?
As of November 13, 2025, SovereignAI Services LLC held NEAR tokens with a value of approximately $133 million.
How many NEAR tokens does SovereignAI Services LLC hold?
SovereignAI Services LLC holds 53.9 million NEAR tokens.
What percentage of the total NEAR token supply does OceanPal's holding represent?
The holding represents approximately 4.2% of the total NEAR token supply.
What is the gross annual percentage yield achieved by the NEAR token holdings?
The holdings have achieved an approximate 5.3% gross annual percentage yield before fees since inception.
When did the calculation for the gross annual percentage yield begin?
The calculation for the gross annual percentage yield began on October 28, 2025.
Filing Stats: 398 words · 2 min read · ~1 pages · Grade level 9.7 · Accepted 2025-11-17 08:33:29
Key Financial Figures
- $133 m — AR tokens with a value of approximately $133 million, which represents approximately 4
Filing Documents
- ef20059381_6k.htm (6-K) — 11KB
- ef20059381_ex99-1.htm (EX-99.1) — 13KB
- ef20059381_ex99-2.htm (EX-99.2) — 4KB
- 0001140361-25-042418.txt ( ) — 29KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. OCEANPAL INC. (registrant) Dated: November 17, 2025 By: /s/ Robert Perri Name: Robert Perri Title: Co-Chief Executive Officer