Caliber Adopts Digital Asset Strategy, Plans to Buy and Stake Chainlink (LINK) Tokens for Long-Term Growth

Caliber (NASDAQ:CWD), a real estate asset manager, today announced that its Board of Directors (the "Board") has formally approved a new digital asset treasury strategy ("DAT Strategy") and adopted a comprehensive digital asset treasury policy ("DAT Policy"). Under this strategy and policy, Caliber intends to allocate a portion of its treasury funds to acquire cryptocurrency, specifically LINK tokens, which support the Chainlink protocol, and to engage in activities related to the management of and the maximization of returns from such digital asset holdings. Caliber's initial focus for its DAT will be acquiring LINK with equity to be held for long-term appreciation and generating yield through staking.

In connection with the new strategy, the Board has also approved the formation of the Caliber Crypto Advisory Board ("CCAB"), a dedicated advisory group comprised of digital asset and blockchain experts. The Crypto Advisory Board will provide guidance to management and the Board on the implementation, oversight, and ongoing development of the Company's DAT Strategy, DAT Policy, and related digital asset initiatives. The CCAB has closely monitored trends and developments in digital asset treasury strategies and will assist the Company to align its capital structure to replicate best practices.

The Company's DAT Policy establishes a disciplined framework for the acquisition, custody, and management of digital assets, including LINK. The DAT Policy addresses sources of funds, security and custody protocols, internal controls, and ongoing Board and Management. The Board believes that the adoption of the DAT strategy and DAT Policy can enhance shareholder value while strengthening the Company's balance sheet and improving liquidity.

The Board further believes that holding LINK as a reserve asset can provide the Company with exposure to a high-quality, liquid digital asset with long-term appreciation potential, while also enabling Caliber to leverage Chainlink's technology to automate and improve key business processes, such as asset valuation and fund administration. The Board believes the utility in Chainlink and application to Caliber's real asset investments is particularly attractive. These steps are aimed at differentiating Caliber from other public real estate platforms, attracting new investor interest, and support the Company's long-term growth and profitability objectives.