Universal Safety Products Announces Name Change to DeFi Capital Markets
Universal Safety Products, Inc. (NYSE American: UUU) announced it will change its name to DeFi Capital Markets, Inc., effective October 19, 2026. The company is transitioning from a safety products business into the digital asset and financial technology sector, focusing on tokenization, proprietary trading, market making in cryptocurrencies, and blockchain infrastructure. The stock will trade under the new ticker symbol 'DCM' starting October 19, with no action required by shareholders. Through its subsidiary Universal DeFi LLC, it has developed a platform for asset tokenization that recently completed a project involving silver. The company plans to provide liquidity in selected digital assets and intends to be both a technology provider and market participant. Management sees significant growth potential in the tokenized asset space, citing forecasts from Citigroup estimating $5.5 trillion in value by 2030 (base case). DeFi Capital Markets aims to build an asset-rich platform combining proprietary investments with trading and blockchain infrastructure.
Topics: DeFi Digital Assets Stock Ticker Change Tokenization