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Liquid Mercury Announces Initial Closing of ACQUA1 Offering
Verified accredited investors exchanged 563.2 million MERC for ACQUA1 Class B units, and the tokens were burned within five business days as required.
- On Friday, Chicago-based Liquid Mercury announced that its subsidiary ACQUA1, LLC completed the initial closing of its MERC exchange offering on September 1, 2026.
- Over the past 18 months, dozens of companies approached Liquid Mercury seeking to tokenize assets, prompting the firm to extend infrastructure into the RWA sector using MERC as the platform token.
- Verified accredited investors subscribed by exchanging MERC for non-voting Class B units of ACQUA1 at a conversion rate of 10 MERC per unit, evidenced on-chain by ACQUA1-C tokens.
- On September 2, ACQUA1 burned 563,230,000 MERC by transferring tokens to a dead address, satisfying the operating agreement requirement to burn 100% of MERC received at each closing.
- ACQUA1 scheduled remaining closings for on or about October 30 and December 31, 2026, though the firm retains discretion to skip or terminate future offerings.
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Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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