Yieldstreet co-founder and former CEO Michael Weisz has joined NextNRG (NASDAQ: NXXT) as an advisor.
Yieldstreet is an online investment platform that supports access to alternative investments for Accredited Investors. Weisz remains a member of Yieldstreet’s board of directors. Wiesz left the CEO position this past spring.
NextNRG is a microcap company that seeks to improve the generation and utilization of energy using artificial intelligence.
Michael Farkas, Executive Chairman and CEO of NextNRG, cited Weisz’s ability to scale platforms as the reason he will join the firm as an advisor.
“His combination of vision and execution, M&A expertise, and capital markets leadership will play a key role in supporting our go-to-market strategy and driving our growth initiatives.”
Weisz commented on his new role, stating that NextNRG is at the intersection of two opportunities, AI and global energy transition.