[PRESS RELEASE – Zug, Switzerland, May 12th, 2025]

Chateaushi AG, the pioneering tech platform revolutionizing historic real estate financing and preservation, today announced the launch of its public token sale for $CASL, one of Web3’s most exciting Real World Asset (RWA) projects.

After four years of development, Chateaushi has evolved from a concept to monetize historic real estate into a scalable tech marketplace addressing a multi-trillion dollar opportunity in historic estate financing and commercialization. The company provides innovative solutions where traditional banks and tourism have left a significant gap, particularly for owners of historic properties across Europe.

“We’re excited to open our token sale to the public and bring our vision for democratizing historic real estate to a broader community,” said Brittany Kaiser, Co-Founder and Co-CEO of Chateaushi. “This represents a milestone in our journey to transform how historic landmarks are financed, preserved, and experienced.”

About the $CASL Token

The $CASL utility token will power the Chateaushi ecosystem through the company’s decentralized marketplace app. Token holders will be able to:

• Use $CASL for bookings across the platform’s growing network of 100+ historic estates
• Access exclusive experiences, private members clubs and landmark properties through the VIP membership tier
• Make purchases using $CASL anywhere through the upcoming Chateaushi payment card (Q3 2025)
• Access historic real estate consulting, brokerage and other financial services for estate owners
• Access a marketplace of opportunities for fractionalized historic real estate investment

The token pre-sale begins Tuesday May 13th and will run until token allocations sell out, after which $CASL will officially launch for use in Chateaushi’s app, as well as public trading. Interested participants can join the public sale by signing up on chateaushi.com and receiving further details via email regarding access for the 13th and beyond.

A Tech-Forward Approach to Historic Preservation

Chateaushi’s platform serves two key markets: historic estate owners seeking financing and commercial opportunities, and users looking to experience these properties through stays, events, experiences and fractionalized investment.

The company has developed a four-tiered technology product:

• A public user platform allowing anyone to book historic estate stays and experiences
• A VIP membership tier with exclusive access to special properties, clubs and events
• A services marketplace for historic estate owners
• An investment marketplace for fractionalized ownership of historic real estate

The platform also features Helix, an AI concierge that helps users plan their entire historic property experience, from travel logistics to fine dining.

Growing Estate Portfolio

With over 100 estate partnerships already secured across the UK, France, and Italy, and more than 500 estate inquiries, Chateaushi is rapidly expanding its portfolio of bookable historic properties. The company has also established corporate partnerships with cultural institutions like FEDORA, providing members with access to over 200 of Europe’s top opera and ballet houses, along with exclusive experiences with premium brands like Krug Champagne.

About Chateaushi

Chateaushi AG is a Swiss-based technology company creating sustainable business models for historic real estate through innovative financing options and commercial development strategies. The company’s marketplace connects historic property owners with alternative financing while offering users the opportunity to experience and invest in these remarkable pieces of history.

For more information about Chateaushi or to participate in the $CASL token sale, users can visit chateaushi.com or contact chris@block-wire.com

TL;DR

• Altcoins like Ethereum (ETH), Dogecoin (DOGE), and others have recently outperformed Bitcoin (BTC), fueling speculation that altseason has officially begun.
• The NBA icon Scottie Pippen, seen by some as a BTC maximalist, shares that assumption, saying he is bullish on several digital assets.

Bullish on These Altcoins

Bitcoin’s (BTC) price has soared substantially in the past few weeks, briefly surpassing $105,000 just hours ago. It is up 25% on a monthly scale, but some leading altcoins have posted even more substantial increases.

Ethereum (ETH), for instance, has pumped by 40% in the past week, while Dogecoin (DOGE) and other meme coins have charted similar gains. With the altcoins stealing the show from BTC, speculation is growing that the long-anticipated altseason has arrived.

A supporter of that thesis is the basketball legend Scottie Pippen. He asked his over 720,000 followers on X what projects they are bullish on, saying that he pays special attention to Ethereum (ETH), Ripple (XRP), Dogecoin (DOGE), Cardano (ADA), Shiba Inu (SHIB), Mog Coin (MOG), and others.

Some of the users commenting on the post expressed optimism in tokens like Pepe (PEPE), Bittensor (TAO), Sui (SUI), Hedera (HBAR), and more. Others were somewhat surprised by Pippen’s interest in altcoins, considering him mainly a BTC proponent.

The Dream That Almost Became Reality

It was September 2024 when the NBA icon stunned the crypto community with an interesting price prediction involving the biggest cryptocurrency. He said he had a dream with the mysterious creator of BTC, Satoshi Nakamoto, who forecasted that the price would reach $84,650 on November 5 last year. 

At that time, the valuation stood at roughly $57,000, and a 50% rally in such a short period seemed rather unlikely. However, November 5 marked Donald Trump’s presidential victory, which turned out to be the beginning of a massive rally that took BTC to an ATH of almost $110,000 in January this year. 

On the day of the elections, the price soared above $70,000, and less than a week later, it hit the target from Pippen’s dream. 

Around New Year’s Eve, the legendary player of the Chicago Bulls’ dream team in the 1990s made another BTC prediction, this time even more bullish. He envisioned a price explosion to the staggering one million per BTC, thus placing himself among firm advocates of the asset, including Arthur Hayes, Robert Kiyosaki, Cathie Wood, Michael Saylor, Changpeng Zhao (CZ), and more. 

After a testing start to the year, Ethereum (ETH) is roaring back to life, notching a surge by more than 44% in just three days.

The rally, which saw ETH climb from $1,800 to over $2,600, marks the asset’s strongest three-day performance since January 2021.

Institutional Accumulation

The price jump also coincided with a series of massive withdrawals from exchanges by crypto investment firm Abraxas Capital. According to the on-chain analytics platform Lookonchain, Abraxas pulled 185,309 ETH worth nearly $400 million from exchanges in the last 72 hours, just as the cryptocurrency began its ascent.

Some view this aggressive accumulation as a sign of growing institutional confidence in Ethereum’s long-term prospects. The uptick has also reversed a profitability slump, with Sentora (formerly IntoTheBlock) noting on May 12 that the share of ETH addresses in profit has rebounded to over 60%, up from just 32% a month ago, reigniting the “Ethereum is back” narrative.

Analyst Titan of Crypto highlighted that ETH had reclaimed a five-year trendline from which it had previously deviated, observing that the MACD was “flipping bullish” on the weekly chart. Fellow market watcher Ali Martinez suggested that the cryptocurrency’s most critical support zone lies between $2,060 and $2,420, where 10 million wallets hold more than 69 million ETH.

Recovery in Motion

Trader Henry also offered additional insight into Ethereum’s structure, pointing out that it had formed an ascending triangle between $2,109 and $1,385. According to him, after hitting initial resistance at $2,578, ETH is now retesting support within the $1,800 to $2,578 zone.

He also predicted upcoming resistance levels at $3,073, $3,316, $3,700, and $4,013, with a long-term target of $12,000 by the end of the year.

Price-wise, ETH is currently trading at $2,550, a slight 1.3% uptick in the last 24 hours. Over the past seven days, the asset gained almost 40%, significantly outperforming the broader crypto market, which went up 13.9% in that period.

On the monthly scale, it has jumped by more than 60%, although it is still down some 12.4% year-on-year and more than 47% below its all-time high of $4,878, which it attained in October 2015.