Data from public filings reveals a notable increase in institutional support for Golden Matrix Group, Inc. (NASDAQ: GMGI) during the fourth quarter of 2025, compared to the previous quarter. Several major financial institutions expanded their holdings, and new strategic investors established positions in the company.
Key financial players such as UBS increased its stake by 1171%, while Morgan Stanley and Deutsche Bank each boosted their positions by 224%. Whetstone Capital Advisors initiated a new position of 413,402 shares, and Topline Capital Management more than doubled its stake to nearly 1.4 million shares, representing a 124% increase. Additional support came from notable "Blue Chip" firms including Citadel (+45%), BNY Mellon (+58%), and State Street (+26%).
This surge in institutional confidence comes ahead of a corporate rebranding for Golden Matrix Group. 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".
Golden Matrix Group, based in Las Vegas, Nevada, is a B2B and B2C gaming technology company operating across multiple international markets. Its B2B division develops and licenses proprietary gaming platforms, while its B2C operations, through Meridianbet, provide sports betting and gaming services in 19 regulated jurisdictions globally. For more information, visit www.goldenmatrix.com.
The increased backing from top-tier global banks and investment funds underscores growing institutional belief in the company's strategic direction and market position. The full announcement, including downloadable images and additional details, is available here.
