- Synaptogenix (SNPX, Financial) rebrands to TAO Synergies Inc., with a new ticker symbol "TAOX" effective July 1, 2025.
- Company pivots focus to TAO, the leading AI token, for its crypto treasury strategy.
- Revenue generation through TAO token staking and potential appreciation.
TAO Synergies Inc., formerly known as Synaptogenix, Inc. (SNPX), has announced a significant rebranding effort, marking a departure from its previous operations in biotechnology. The company will start trading on the Nasdaq under the new ticker symbol "TAOX" starting July 1, 2025. This change comes as part of its strategic shift towards a focus on digital assets, particularly TAO, the leading AI token.
As part of its new strategy, TAO Synergies aims to generate revenue by staking TAO tokens, leveraging both the staking yield and the potential for token value appreciation. Executive Chairman Joshua Silverman highlighted that this transition is a strategic move aimed at creating long-term value for shareholders by capitalizing on the rapid growth and adoption of AI and cryptocurrency markets.
The rebranding aligns with TAO Synergies' mission to be a pure-play public entity that bridges cryptocurrency and artificial intelligence. A new corporate website providing detailed information on the integration with TAO is set to launch in the summer of 2025. This initiative underscores the company's commitment to its new direction and its role within the AI ecosystem.
