Company: WENNU
Filing Date: 2025-02-25
Form Type: DRS
Source: 0001213900-25-016948
Chunk: 18

Company: WEN Acquisition Corp
Filing Date: 2025-02-25
Form: DRS
Chunk 18
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 and directors may have conflicts of interest with other entities to which they owe fiduciary or contractual obligations with respect to initial business combination opportunities. For a list of our officers and directors and entities for which a conflict of interest may or does exist between such persons and us, as well as the priority and preference that such entity has with respect to performance of obligations and presentation of business opportunities to us, please refer to the table and subsequent explanatory paragraph under “Management — Conflicts of Interest.” We believe our management team and advisors have the skills and experience to identify, evaluate and consummate a business combination and are positioned to assist businesses we acquire. However, our management team and advisors’ network and investing and operating experience do not guarantee a successful initial business combination. The members of our management team and advisors are not required to devote any significant amount of time to our business and are concurrently involved with other businesses. There is no guarantee that our current officers and directors will continue in their respective roles, or in any other role, after our initial business combination, and their expertise may only be of benefit to us until our initial business combination is completed. 5 Our Investment Thesis and Strategy We believe that there is a significant backlog of stablecoin and digital asset infrastructure companies building and scaling products in the payments, asset tokenization and crypto -backedbanking industry that are ready to transition into the public markets. According to Cointelegraph, since 2020, venture capital funding in the crypto and blockchain space has totaled approximately $80 billion. At the same time, as detailed in the Artemis stablecoin dashboard the total market capitalization of U.S. dollar stablecoins has grown to $215billion in February 2025 and total monthly transfer volumes of U.S. dollar stablecoins was approximately $5 trillion in December 2024. Our management team believes there is a robust pipeline of platform and infrastructure companies that are generating significant returns by enabling this digital dollar economy by providing infrastructure for wallets, security, user interfaces, compliance and reporting. Our management team also believes that the recent change in administration will facilitate regulatory clarity that will drive additional growth and innovation in this sector. New leadership in the U.S. financial regulatory agencies have signaled a supportive and collaborative approach towards new technologies in financial services generally and specifically pointed to the need for the United States to lead in digital assets innovation. Certain of our directors are associated with Solana, a non -profitfoundation based in Zug, Switzerland, dedicated to the decentralization, adoption, and security of the Solana blockchain ecosystem