Crypto Pioneer David Wachsman Leads Investment Group’s Acquisition of Hawkeye Systems

WHY THIS MATTERS
Hawkeye Systems’ transition under the leadership of David Wachsman marks a notable shift from a technology holding company toward a broader private equity and advisory platform focused on digital assets and emerging technologies. As institutional interest in crypto and blockchain continues to mature—supported by improving regulatory clarity—there is increasing demand for capital, strategic guidance, and infrastructure to support the next phase of industry growth.

By combining investment capabilities with advisory expertise, Hawkeye is positioning itself to operate across multiple layers of the ecosystem: funding innovation, shaping strategy, and supporting operational scale. The inclusion of established legal counsel and plans to raise significant capital further signal an ambition to build institutional-grade credibility in a sector that has historically been fragmented. Additionally, the continued development of Rythe highlights the growing importance of cybersecurity and identity solutions as digital finance expands.

Technology holding company Hawkeye Systems Inc. (OTC: HWKE) (“Hawkeye” or the “Company”) today announced that an investment group led by David Wachsman, a crypto pioneer and the founder and CEO of Wachsman, has taken a controlling interest in the Company. 

Having built one of the first and largest international professional services businesses specialized in the digital asset industry, Wachsman plans to recruit a world-class team to build Hawkeye into a global private equity and corporate advisory firm. The initial focus will be on identifying opportunities in the crypto and blockchain sector, before planned expansion into other high-growth verticals in financial services and advanced technology. The company intends to seek to raise substantial capital by the end of 2026 to fuel investments and accelerate operations.

Closely advising the investment group is leading fintech attorney Joshua Garcia, a partner at the New York-based law firm Morrison Cohen LLP. Morrison Cohen will act as the Company’s counsel for all digital asset-related matters. The Company’s general securities counsel is Blank Rome LLP.  

“Since 2015, strategic communications firm Wachsman has been a compounding force behind hundreds of marquee organizations. I have been fortunate to become a trusted advisor to leaders across the multi-trillion-dollar crypto and blockchain sector, today a U.S. national priority industry that is scaling essential financial infrastructure for the new economy amid improved regulatory certainty,” said David Wachsman, President of Hawkeye. 

“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. As an operator, advisor, and investor, Hawkeye is expected to bring a fresh offering to the disruptive technology sector I have come to know so well. Work begins today to identify deals and strategic partnerships, build a world-class team, and rise to a unique opportunity that can benefit all shareholders.”

Through its private equity division, the Company plans to continue commercializing Rythe, a next‑generation cyber-identity and threat‑prevention platform. Rythe is designed to provide an additional layer of digital defense for businesses and consumers by enabling secure authentication and proactive threat mitigation across distributed networks.

Corby Marshall, Director of the Company, added: “This new investment group is a pivotal step forward for the company. The demand for cyber resilience and crypto security is accelerating globally, and we now have the resources and leadership to meet it head-on. I look forward to working alongside David Wachsman and the new management team to build something truly significant.”

FF NEWS TAKE
This move reflects a broader trend of experienced crypto operators evolving into capital allocators and ecosystem builders. Wachsman’s deep network and industry credibility could give Hawkeye early access to high-quality deal flow in a sector that still relies heavily on relationships and trust.

However, execution will be key. Transitioning from advisory into private equity requires different capabilities—particularly around capital deployment, portfolio management, and long-term value creation. If Hawkeye can successfully bridge those disciplines, it could carve out a differentiated position at the intersection of crypto, cybersecurity, and financial services. If not, it risks being another ambitious platform in an increasingly competitive investment landscape.