NEW YORK: Hawkeye Systems Inc. (OTC: HWKE), a technology holding company, said that an investment group led by crypto industry veteran David Wachsman has acquired a controlling interest in the firm, setting the stage for a strategic overhaul into a global private equity and corporate advisory business.
Wachsman, founder and CEO of strategic communications firm Wachsman, will serve as president of Hawkeye. He plans to recruit a world-class team to focus initially on crypto and blockchain investments before expanding into other high-growth sectors within financial services and advanced technology. The company intends to raise substantial capital by the end of 2026 to accelerate operations and fund new investments.
“Since 2015, strategic communications firm Wachsman has been a compounding force behind hundreds of marquee organizations,” Wachsman said in a statement. “With my stake in Hawkeye and in my role as its president, I intend to do something new: build a global private equity and business advisory firm that empowers future-focused innovators and entrepreneurs.”
Advising the investment group is Joshua Garcia, a partner at New York-based Morrison Cohen LLP, where he focuses on fintech and digital assets law. Morrison Cohen will serve as the company’s counsel for digital asset matters, while Blank Rome LLP will act as general securities counsel.
Through its private equity division, Hawkeye plans to continue commercializing Rythe, a cyber-identity and threat-prevention platform designed to provide secure authentication and proactive threat mitigation across distributed networks.
“The demand for cyber resilience and crypto security is accelerating globally, and we now have the resources and leadership to meet it head-on,” said Corby Marshall, a director of the company.
Hawkeye trades on the OTC market under the symbol HWKE.