Publicly disclosed data reveals a marked strengthening of institutional support for Golden Matrix Group, Inc. (NASDAQ: GMGI) in the fourth quarter of 2025 compared to the previous quarter. Several major institutional investors increased their positions, while new strategic players initiated stakes in the company, according to a press release issued on March 2, 2026.
Top-tier global banks aggressively expanded their holdings. UBS increased its position by 1,171%, while Morgan Stanley and Deutsche Bank each boosted their stakes by 224%. Whetstone Capital Advisors initiated a major new position of 413,402 shares, and Topline Capital Management more than doubled its stake by 124%, bringing its total to nearly 1.4 million shares.
Additional backing came from prominent "Blue Chip" investment firms. Citadel raised its position by 45%, BNY Mellon by 58%, and State Street by 26%. The full announcement, including downloadable images and additional details, is available here.
The increased institutional confidence comes as Golden Matrix Group prepares for a corporate rebranding. Effective March 3, 2026, the company will officially change its name to Meridian Holdings Inc., and its common stock will begin trading on the NASDAQ Capital Market under the new ticker symbol "MRDN" at market open.
Golden Matrix Group is a B2B and B2C gaming technology company based in Las Vegas, Nevada. Its B2B division develops and licenses proprietary gaming platforms, while its B2C operations, through Meridianbet, provide sports betting and gaming services across 19 regulated jurisdictions globally. For more information, visit www.goldenmatrix.com.
The strong institutional activity underscores growing recognition of Golden Matrix's market position and growth potential. The involvement of major banks and investment firms suggests that the company's strategic direction and financial prospects are attracting sophisticated investors. This trend is particularly notable as the company transitions to its new identity as Meridian Holdings, which may further enhance its visibility and appeal in the capital markets.
The source for this announcement is Meridianbet Group, distributed by Reportable, Inc.
