VerifyMe, Inc., a Lake Mary, Florida-based provider of authentication and precision logistics technology, and Open World Ltd., a London, UK based developer of blockchain and real world asset tokenization platforms, have announced their merger.
The deal amount was not disclosed. Once completed, the combined company is expected to be listed on the Nasdaq Capital Market under a new ticker symbol, pending standard closing conditions, including shareholder approval and Nasdaq listing approval. The boards of both companies unanimously approved the agreement.
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The combined company will focus on token listings, regulated digital asset infrastructure, strong compliance systems, and institutional real-world asset tokenization across multiple regions.
The announcement follows Open World’s earlier initiatives, including the launch of a national RWA Center of Excellence in Saudi Arabia, and its work with Abstract to support regulated, infrastructure grade assets.
RWA tokenization is growing in the United States and Saudi Arabia, with major asset classes expected to move onto the Open World platform as regulations become clearer and more institutions get involved.
The agreement includes standard representations, warranties, and commitments from both VerifyMe and Open World. It requires both companies to use reasonable efforts to complete the transaction, provides indemnification for directors, and officers and limits each company’s ability to operate its business between signing and closing.
VerifyMe’s board has approved ending its at the market equity program to align its capital structure with the proposed transaction and long term strategy.
Both companies’ boards unanimously approved the agreement. Regulatory filings with the SEC and Nasdaq, along with shareholder approvals, are expected by the second quarter of 2026, pending standard conditions and reviews. More details about the transaction structure and timing will be shared in future filings.
“We’re pleased to take the next step in merging with Open World and bringing together our complementary strengths,” said Adam Stedham, CEO of VerifyMe. “We believe the combined company will provide strong infrastructure and governance to support digital asset innovation and long-term shareholder value.”
“This agreement marks an important turning point for both companies,” said Matt Shaw, co-founder and CEO of Open World. “As demand for regulated digital asset infrastructure grows, combining our strengths allows us to meet the scale and governance standards needed for real-world asset tokenization to move into mainstream financial markets.”
Maxim Group LLC is acting as the exclusive financial advisor to Open World. Latham & Watkins LLP is serving as legal counsel to Open World, and Harter Secrest & Emery LLP is serving as legal counsel to VerifyMe.
About Open World
Founded in 2025 by co founder and CEO Matt Shaw, Open World is a blockchain-focused firm expanding into traditional finance. Since 2023, it has helped launch more than 20 companies and supported projects that have reached over $65 billion in peak fully diluted value. The firm advises teams on regulation, tokenomics, public markets, exchange strategy and governance, and works with top venture capital firms, including a16z, Multicoin Capital, Dragonfly, and Founders Fund. Its services include token launch advisory, digital asset and TradFi strategies, RWA tokenization, stablecoin issuance, policy advocacy, and strategic advisory.
About VerifyMe, Inc.
Founded in 1999 by CEO Adam Stedham, VerifyMe provides specialized logistics for time and temperature sensitive products and brand protection solutions. Through PeriShip, the company offers precision logistics and brand protection services that help businesses reduce costs and strengthen their brands. VerifyMe supports the authentication, and shipping of perishable and non-perishable products in the food and healthcare industries using advanced logistics technology.
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