Bit Digital, Inc. (the “Company”), a global platform for high-performance computing (“HPC”) infrastructure and digital asset production headquartered in New York City, today announced its financial results for Fiscal Year 2024. In conjunction with the Company’s transition to domestic filer status, Bit Digital filed its Form 10K report with the U.S. Securities and Exchange Commission (“SEC”) on March 14, 2025. The Company will host a conference call on March 14, 2025, at 10:00 AM ET to discuss results.

Financial Highlights for Fiscal Year 2024

• Total revenue for fiscal year 2024 was $108.1 million, a 141% increase compared to the prior year’s results. The increase was primarily driven by the commencement of our high performance computing services (“HPC”) business.
• Revenue from bitcoin mining was $58.6 million for fiscal year 2024 , a 32% increase compared to the prior year. Cloud services revenue was $45.7 million for 2024 compared to nil the prior year. Colocation services revenue, related to the Company’s acquisition of Enovum Data Centers Corp in October 2024, was $1.4 million for the period. ETH staking revenue was $1.8 million for 2024, a 169% increase from the prior year.
• Revenue from digital asset mining comprised 54% of total revenue for 2024 compared to 98% during 2023. The change was driven by the commencement of the Company’s HPC business lines, with cloud services revenue generating 42% of total 2024 revenue. Digital asset mining comprised 40% of revenue during the fourth quarter of 2024.
• The Company had cash, cash equivalents and restricted cash of $98.9 million, and total liquidity (defined as cash, cash equivalents and restricted cash, USDC, and the fair market value of digital assets) of approximately $260.7 million, as of December 31, 2024.
• Total assets were $538.2 million and Shareholders’ Equity amounted to $463.5 million as of December 31, 2024.
• Adjusted EBITDA was $73.0 million for the fiscal year 2024 compared to $12.4 million for fiscal year 2023. Adjusted EBITDA includes a $55.7 million in pre-tax gains on digital assets.
• GAAP earnings per share was $0.19 on a fully diluted basis for fiscal year 2024 compared to a loss per share of $(0.16) for the prior year.

Operational Highlights for Fiscal Year 2024

• The Company earned 949.9 bitcoins during fiscal year 2024 , a 37% decrease from the prior year. The decline was primarily driven by a reduction in block rewards following the halving event in April 2024 and by an increase in network difficulty, and partially offset by an increase in the Company’s average operational hash rate.
• The Company paid approximately $0.05 per kilowatt hour to its hosting partners for electricity consumed for mining operations during fiscal year 2024 .
• The average fleet efficiency for the active fleet was approximately 26.2 J/TH as of December 31, 2024.
• The Company earned 565.1 ETH in native staking and 1.3 ETH in liquid staking, respectively, during 2024, compared to 287.0 ETH in native staking and 81.9 ETH/rETH-h in liquid staking, respectively, for 2023.
• Treasury holdings of BTC and ETH were 741.9 and 27,623.2, respectively, with a fair market value of approximately $69.3 million and $92.1 million on December 31, 2024, respectively.
• As of December 31, 2024, we had 24,239 miners owned or operating (in Iceland) for bitcoin mining with a total maximum hash rate of 2.6 EH/s.
• The Company’s active hash rate of its bitcoin mining fleet was approximately 1.8 EH/s as of December 31, 2024.
• Approximately 85% of our fleet’s run-rate electricity consumption was generated from carbon-free energy sources as of December 31, 2024. These figures are based on data provided by our hosts, publicly available sources, and internal estimates, demonstrating our commitment to sustainable practices in the digital asset mining industry.
• The Company had approximately 21,568 ETH actively staked in native staking protocols as of December 31, 2024.
• On October 9, 2024, the Company executed a Master Services and Lease Agreement (“MSA”) with Boosteroid Inc. (“Boosteroid”), a global cloud gaming provider. The Company finalized an initial order of 300 GPUs, projected to generate approximately $4.6 million in revenue over the five-year term. The MSA provides Boosteroid with the option to expand in increments of 100 servers, up to 50,000 servers, representing a potential $700 million revenue opportunity over the five-year term, subject to deployment plans and market conditions. The Company anticipates additional deployments throughout 2025.
• On October 14, 2024, Bit Digital announced the acquisition of Enovum Data Centers (“Enovum”) for a total consideration of CAD $62.8MM (approximately USD $46MM based on a CAD/USD exchange rate of 0.73). The acquisition was completed on a debt-free basis, with a normalized level of working capital acquired, funded by approximately CAD $56 million of cash and approximately 1.62 million share equivalents issued solely to key management who rolled-over a significant portion of their existing ownership in Enovum. The transaction closed on October 11, 2024. The acquisition vertically integrated Bit Digital’s HPC operations with a 4MW Tier 3 datacenter in Montreal that is fully leased to a plurality of colocation customers. It also provided Bit Digital with a robust expansion pipeline and an experienced team to lead the development process.
• On December 30, 2024, the Company signed a Master Services Agreement (MSA) with DNA Fund for services utilizing 576 H200 GPUs over 25 months, representing $20.2 million in total revenue.
• On December 27, 2024, the Company acquired a 160,000 sq. ft. site in Pointe-Claire, QC for a planned 5MW Tier-3 data center expansion. The site is expected to be operational by June 2025, will feature direct-to-chip liquid cooling and a heat reject loop to enhance energy efficiency. The facility will be powered by 100% renewable hydroelectricity from Hydro-Quebec. The Company expects to invest approximately $19.3 million to develop the site, with potential expansion to 13MW within 24-36 months, subject to Hydro-Quebec approval. A portion of the capacity is expected to support the Company’s cloud services business. The acquisition was initially self-funded, with mortgage financing in progress.

Subsequent Events

● As of January 1, 2025, Bit Digital officially transitioned to domestic issuer status under U.S. securities regulations.
● New Cloud Services Agreements:

• January 2025 – Signed an MSA for 32 H200 GPUs over six months, representing $300,000 in total revenue. Deployment began January 8, 2025.
• January 2025 – Signed an MSA for 24 H200 GPUs over 12 months, representing $450,000 in total revenue. Deployment began January 27, 2025.
• January 30, 2025 – Signed an MSA for 40 H200 GPUs over 12 months, representing $750,000 in total revenue. Deployment began January 24, 2025.

● In January 2025, the Company entered into a new agreement to supply its first customer for an additional 464 B200 GPUs for a period of eighteen months. This new agreement replaces the prior agreement whereby the Company was to provide the customer with an incremental 2,048 H100 GPUs. The contract represents approximately $15 million of annualized revenue and features a two-month prepayment from the customer.
● On February 6, 2025, the Company officially rebranded its HPC business as WhiteFiber, Inc., encompassing its GPU cloud services and HPC data center platform, Enovum Data Centers.
● In February 2025, the Company, through its newly rebranded HPC business WhiteFiber, Inc., secured a five-year colocation agreement to provide 5MW (IT load) of built-to-suit data center infrastructure with Cerebras Systems, a leading accelerator of generative AI. The contract will be fulfilled at an Enovum-developed site, with the location to be announced. Operations are expected to commence in mid-2025.

Management Commentary

“2024 marked a pivotal shift for Bit Digital. Our business was historically driven by digital asset mining, but the successful launch and rapid expansion of our HPC business fundamentally reshaped our company. This evolution drove over 140% revenue growth, with these new business lines contributing nearly half of total revenue.

A defining milestone in this transformation was our acquisition of Enovum Data Centers in October. More than just an infrastructure expansion, Enovum provided us with a proven team, operational expertise, and a scalable platform to develop and operate data centers. It also introduced colocation services as a new business line, further diversifying our revenue streams and strengthening our AI compute capabilities.

Bitcoin mining remained a key revenue contributor, generating $58.6 million, a 32% increase year-over-year. However, as our HPC business scaled, mining’s share of total revenue declined to 54% in 2024, and further to 40% in Q424, compared to 98% in 2023. This shift underscores our strategic pivot toward infrastructure-driven revenue streams while maintaining disciplined mining operations.

Profitability improved alongside business expansion, supported by stronger gross margins and operational efficiencies. A strong liquidity position and no debt provide the flexibility to make targeted investments that enhance capabilities and long-term competitiveness. The Company is actively exploring cost-effective financing options to support expansion while maintaining financial discipline.

We are continuously exploring new ways to unlock and create shareholder value, ensuring that we remain dynamic and well-positioned for future opportunities.”

About Bit Digital

Bit Digital, Inc. is a global platform for high-performance computing (“HPC”) infrastructure and digital asset production headquartered in New York City. The Company’s HPC business operates under the WhiteFiber Inc. (“WhiteFiber”) brand. Our operations are located in the US, Canada, and Iceland. For additional information, please visit our website at www.bit-digital.com.

In a significant leap forward for the cryptocurrency recovery industry, Broker Complaint Alert today announced the launch of its new AI-powered solutions, aimed at redefining the landscape of funds recovery. This innovative approach leverages cutting-edge artificial intelligence technology to enhance the efficiency and effectiveness of recovering lost or stolen digital assets. For detailed information, visit Broker Complaint Alert.

As the digital currency market continues to grow, so does the risk of fraud and theft. In response, Broker Complaint Alert has developed a suite of AI-driven tools that not only identify and combat fraudulent activities but also streamline the recovery process for victims. This initiative marks a pivotal advancement in the use of technology to safeguard and recover valuable digital investments.

“Artificial intelligence is transforming the way we address cryptocurrency recovery, providing unprecedented accuracy and speed in tracking down lost funds,” said Costigliola Romualdo, CEO and Founder of Broker Complaint Alert. “Our AI-powered solutions are designed to restore confidence in the digital finance sector by significantly enhancing our ability to detect fraud and expedite the recovery process.”

The new technology utilizes machine learning algorithms to analyze transaction patterns and detect anomalies indicative of fraudulent activity. By automating the detection process, Broker Complaint Alert can respond more swiftly and effectively than ever before, offering victims of crypto theft a greater chance of recovering their funds.

Key features of Broker Complaint Alert’s AI-powered solutions include:

• Automated Fraud Detection: Advanced algorithms scan blockchain transactions to identify suspicious activity quickly.
• Rapid Response Capabilities: Once potential fraud is detected, the system initiates immediate actions to halt transactions and begin the recovery process.
• Enhanced Tracking Accuracy: AI-enhanced tracking tools follow the movement of stolen assets across the blockchain, increasing the likelihood of successful recovery.

“Adopting AI technologies allows us to keep pace with the increasingly sophisticated tactics used by cybercriminals,” Romualdo added. “It’s not just about reacting to threats, but proactively preventing them, ensuring our clients’ assets are secure.”

Broker Complaint Alert’s AI-driven approach also includes collaboration with blockchain forensics experts and cybersecurity professionals, ensuring a comprehensive and secure recovery process. This collaborative effort underscores the company’s commitment to taking charge of technological innovations within the crypto recovery space.

As cryptocurrency continues to be an integral part of global finance, the importance of robust, technology-driven recovery solutions becomes more apparent. Broker Complaint Alert is at the forefront of this movement, providing peace of mind to digital asset investors and redefining the standards for funds recovery in the crypto world.

About Broker Complaint Alert:

Broker Complaint Alert is a leader in the cryptocurrency recovery industry, specialising in AI-driven solutions to combat online fraud and secure digital assets. Their innovative approach ensures high efficiency and effectiveness in recovering stolen or lost digital currencies, setting new benchmarks for security and recovery in the digital finance industry.

Collaboration leverages AI-powered Decarbonization-as-a-Service platform to establish verified carbon intensity products

Context Labs, a leader in carbon performance solutions, has expanded its partnership with Jonah Energy, a leading U.S. natural gas producer, to deploy advanced emissions-tracking technology across its Wyoming and New Mexico operations. This multi-phase initiative builds on prior successes in automating greenhouse gas reporting and positions Jonah as a pioneer in source-level emissions verification for energy customers prioritizing low-carbon intensity fuels.

The expanded collaboration deepens the integration of Context Labs’ AI-enabled Decarbonization-as-a-Service (DaaS) platform, automating data collection, analysis, verification, and reporting while delivering real-time operational insights. This advanced infrastructure empowers Jonah Energy to enhance product differentiation with trusted carbon intensity data, ensuring seamless compliance with evolving regulations. Additionally, the partnership reinforces Jonah’s leadership in emissions transparency and supports its commitment to the United Nations’ Oil and Gas Methane Partnership (OGMP) 2.0, where it became the first U.S. operator to achieve a gold-standard rating for emissions performance.

“Trust in energy data is non-negotiable for utilities, regulators, and consumers,” said Howard Dieter, Vice President of Environmental, Health & Safety and strategic energy initiatives at Jonah Energy. “By scaling Context Labs’ technology, we’re delivering irrefutable proof of performance for natural gas that meets stringent climate benchmarks—particularly for markets demanding verifiable, low-carbon solutions.”

“This expansion underscores how Asset Grade Data can transform operational accountability,” said Dan Harple, founder and CEO of Context Labs. “Jonah’s leadership demonstrates that emissions transparency isn’t just regulatory compliance—it’s a commercial imperative driving value across the energy ecosystem.”

The Context Labs platform is deployed on Microsoft Azure, leveraging its advanced security features and Azure OpenAI Service tools to deliver significant value in energy transitions. For more information, visit Context Labs on the Azure Marketplace.

About Context Labs BV

Context Labs is dedicated to sourcing, organizing, and contextualizing the world’s climate information. The company enables data to become trusted, shared, and utilized as Asset Grade Data (AGD), providing insights and solutions to inform markets. Context Labs mission is to provide the world’s trusted AI-enabled data fabric platform, delivering Asset Grade Data to customers using the Immutably Enterprise Data Fabric platform, deploying machine learning, Artificial Intelligence, and cryptographic blockchain technologies, for context-driven insights.

Building on the Immutably platform, the company has deployed customer service layers Decarbonization-as-a-Service (DaaS), tailored to accelerate the Global Energy Transition, and its CLEAR Path platform to enable customers to optimize value creation with the highest quality environmental attributes. The company was formed out of MIT (Massachusetts Institute of Technology) research and is comprised of a leadership team that has been instrumental in the at-scale growth of the Internet, in prior companies. The company has offices in Amsterdam, Cambridge, Mass., and Houston. Learn more at http://www.contextlabs.com.

About Jonah Energy LLC

Jonah Energy is an oil and gas exploration and development company headquartered in Denver, Colorado with operations in the Green River Basin of Wyoming and Permian Basin in New Mexico. The company is one of the largest privately held natural gas producers in the US and is dedicated to producing oil and natural gas in an environmentally responsible manner.

Website: https://www.jonahenergy.com/

Stobox, one of the leading global tokenization platforms, became a member of Qatar Financial Center Lab – the most prestigious and recognized Digital Asset Association in the MENA region. The goal of this partnership is to boost tokenization in the country.

Qatar is a country where tokens can legally proclaim property rights on real-world assets, which is very promising in terms of tokenization and global economic development. As Stobox works across the world, it will transmit Qatar’s success and experience in tokenization to other countries.

Qatar and Stobox already have an impressive success story behind tokenizing the largest shrimp farm in the world. Now, they pursue the tokenization of various types of assets within the eyesight. It will secure a significant financial outcome for the Qatar economy, accelerating its GDP growth.

Qatar pursues the ambition to lead the tokenization across the MENA region. There are a number of reasons behind MENA’s future success in tokenization. The success of tokenization is closely tied to the expansion of its underlying assets, and MENA’s economy is thriving across multiple sectors ripe for tokenization. Real estate, aquaculture, food production, energy, and renewables are all experiencing impressive growth. Tokenization can provide these industries with more liquidity, fractional ownership, and increased global investor participation, further accelerating their expansion.

“We identify three major pillars driving Real-World Asset tokenization growth in Qatar. First, the country offers a diverse array of valuable assets and business opportunities. Second, there is a well-developed investment and financial ecosystem with substantial capital available for tokenization. Third, regulatory authorities are actively supporting tokenization initiatives, creating a favorable environment for long-term growth. We value Qatar’s Financial Center stance on tokenization and aim to make the country a bedrock for all the future success of tokenization across the world.” – said Ross Shemeliak, COO and Co-Founder of Stobox.

About Stobox

Stobox is a licensed and regulated tokenization provider building financial markets for small and medium businesses. Stobox provides an all-in-one solution for tokenizing, investing, and trading RWA and operates in multiple jurisdictions, including the United States. Since its inception in 2018, the company has tokenized over $500M in assets across finance, mining, energy, and real estate.

For more information, please visit https://www.stobox.io/

About Qatar Financial Centre Regulatory Authority (QFCRA)

The Qatar Financial Centre Regulatory Authority (QFCRA) is an independent regulatory body established in 2005 by Article 8 of the QFC Law. It regulates firms that conduct financial services in or from the QFC. It has a broad range of regulatory powers to authorise, supervise and, when necessary, discipline firms and individuals. The QFC Regulatory Authority regulates firms using principle-based legislation of international standard, modelled closely on that used in major financial centres.

Further details are available at the https://www.qfcra.com.

Itheum on Walrus set to power the next generation of AI and music data economies.

Itheum, a data tokenization protocol for humans and AI agents, has partnered with Walrus to enable the secure storage and seamless exchange of large data assets across Itheum’s platform. Walrus is a decentralized storage protocol that allows any application to write, read, verify, and manage, via smart contracts on Sui, any data type onchain.

As a data tokenization protocol focused on the music and agentic AI industries, Itheum’s infrastructure seamlessly tokenizes real-world data into assets that are tradable and liquid. Musicians and music AI agents can use Itheum’s technology to tokenize songs, entire albums, and catalogs, providing a means to monetize their music, control royalties and distribution, and establish copyright protection.

“We chose Walrus because of its unparalleled ability to handle large file storage with efficiency and resilience,” said Mark Paul, Founder and CEO of Itheum. “This partnership allows us to address one of our community’s biggest pain points – reliable access to high-quality media and data files without exorbitant costs or latency issues.”

While Itheum’s proprietary storage layer has supported smaller files effectively, users have faced challenges with storing large media files, including high-resolution audio and video. By leveraging Walrus, Itheum will offer its community cost-effective, scalable, and highly available storage solutions for large file assets. Thanks to this collaboration, Walrus users can access Itheum’s data tokenization technology, including the ability to tokenize and trade large data assets. For AI agents, Walrus enables the storage of large models, training data, and fine-tuning, which can then be traded with other agents.

“Itheum’s focus on democratizing data ownership aligns perfectly with Walrus’s mission,” said Rebecca Simmonds, Managing Executive of Walrus Foundation. “By providing resilient, scalable, and programmable storage, Walrus empowers platforms like Itheum to innovate around ownership and drive revenue generation without being constrained by traditional data storage limitations.”

Itheum’s AI agent-specific technology (code-named AIthra Network) is focused on enabling high programmability for AI agents. The goal of the AIthra Network is to allow an AI agent to tokenize any form of data, information, or content with just a few lines of code. With Walrus, Itheum expects significant improvements in performance, availability, and overall platform reliability, strengthening its position as a foundational infrastructure layer for data tokenization and AI-driven applications.

Walrus is expected to launch on mainnet in March.

On-chain payments powered by Spree for premium travel, entertainment, and retail purchases with 2M+ merchants worldwide

Spree Finance, the blockchain-native commerce, rewards, and credit infrastructure network, today announces an exclusive partnership to power payments and rewards for BookIt, the next-gen booking “super-app” from global travel and rewards technology leaders OneCompany and Superlogic. This partnership enables Spree and Bookit to reward consumers for accessing coveted travel, entertainment, and premium retail products and experiences.

First-of-its-kind Decentralized Commerce Network

This first-of-its-kind partnership marks the first time cryptocurrency holders can seamlessly transact with 2M+ Real-World merchants and brands in travel, entertainment, and retail directly from their self-custodied wallets, enabling crypto for real-world commerce. Spree’s on-chain payments and Commerce DeFi credit rails will integrate with BookIt’s premium travel and retail merchant network starting today. Users can pay with 3,000+ supported cryptocurrencies and tokens for travel and retail purchases while earning stable-coin-backed rewards: Spree Points.

“Blockchain technology has proven its major use case of digital-asset-to-digital-asset ‘Trade’, but to reach mass-consumer adoption, we need to solve the use case of digital-asset-to-real-world-commerce ‘Pay’ use case,” said Jared Christopherson, Spree Co-founder. “While many blockchain protocols today are fast and charge low fees, bringing real-world merchants and brands on-chain at scale has been challenging, until now! With 2M+ merchants in its network, BookIt is the perfect partner for Spree to enable the future of decentralized commerce.”

A Next-Generation Commerce and Credit Infrastructure

Spree is redefining the future of digital payments with its innovative Commerce DeFi infrastructure, integrating crypto commerce with a robust DeFi credit infrastructure. This approach enables users to transact in digital assets effortlessly while providing merchants with instant liquidity.

At the heart of the Spree Network is a pair of tokens. Spree token which governs the network while SP (Spree Points), a stable-coin backed “universal rewards” token can not only incentivize users and facilitate transactions across its extensive network of merchants, but also power Spree’s Defi-lending protocol to enable instant settlement for merchants and credit orchestration for consumers. Unlike legacy payment rails like Visa and Mastercard, merchants pay up to 90% less in processing fees when accepting payments over Spree’s decentralized payments network, which leverages secure blockchain-native rails to remove friction and middlemen, and reduce excess fees. Significantly lower fees allow merchants to take control of their revenue and directly reward the end consumer without middlemen.

Revolutionizing Rewards and Loyalty

Offering consumers more than just travel, Bookit provides elite access to VIP experiences, from front-row seats at major sporting events, to exclusive concerts, private wine tours, and celebrity chef tastings. Bookit members can earn up to 10x the rewards of competing platforms, using SP as its native rewards token, providing consumers with additional benefits on purchases, and flexibility when redeeming SP universal rewards points across its network of 2M+ merchants and brands.

“Our mission with BookIt is to reimagine the e-commerce journey for travel, entertainment and retail as a “consumer-first” experience, where your loyalty is our priority and your rewards is an asset – not something that corporations can arbitrarily devalue,” said Lin Dai, CEO of Superlogic, co-creator of BookIt super-app. “Integrating with Spree’s next-gen commerce and rewards rails is revolutionary for the entire travel and loyalty industry, and we are proud to be the first of many major enterprise partners to partner with Spree.”

A veteran in blockchain solutions for enterprises, Lin Dai has worked closely with world-class brands including Warner Music Group, American Express, Pepsi, Anheuser-Busch and more on Web3 initiatives. As part of the new partnership, Lin Dai will be joining Spree’s board to guide its strategy and adoption with enterprise clients.

Spree Finance at ETH Denver 2025: Buildathon, Partnerships & Exclusive Events

Spree will have a dynamic presence at ETH Denver 2025, with co-founder and head of technology Carter Razink actively participating in the Buildathon. As part of its commitment to fostering innovation, Spree will sponsor the Buildathon winner’s trip to the next year’s EthDenver conference, empowering emerging developers to further their journey.

On February 28, Spree will co-host an exclusive event with leading EthDenver communities including Spork DAO and Pudgy Penguins, bringing together industry leaders, builders, and Web3 enthusiasts, followed by an after-party at Temple nightclub.

On Mar 1, at the BuiDl stage of the EthDenver conference, at 12:05pm, Lin Dai, Co-CEO of Bookit, Pat Yiu, of MEGA, and Carter Razink, co-founder and head of technology at Spree, will be interviewed live on stage to discuss the partnership and the future of decentralized commerce and credit, while any conference attendees can visit the Spree booth where the team will be showcasing the BookIt super app and Spree’s innovative Commerce DeFi solutions in action. For a limited time, conference attendees visiting the Spree booth will receive a complimentary pre-registration for Gold-tier membership to BookIt, a $99 value, to unlock higher rewards and build up their status towards future on-chain benefits.

To close ETH Denver in style, Spree Finance is hosting a private dinner together with leading hedge fund ETH Strategy bringing together key industry leaders and investors from both blockchain and enterprise world, to cross-pollinate ideas and collaborate on the future of mass-consumer adoption.

For more information, users can visit www.spree.finance and www.bookit.com.

About Spree

Spree is a blockchain-native decentralized commerce and rewards protocol that enables frictionless real-world transactions by humans or AI agents. Powered by Spree, 3,000+ tokens can be used with 2M+ major Real-World merchants in travel, entertainment, and retail, earning consumers up to 30% back in on-chain rewards, while reducing merchant processing fees by up to 90%. Users can follow Spree on: https://x.com/spreefinance

About BookIt

BookIt is a next-gen platform that rewards consumers for booking coveted travel and entertainment experiences and purchasing premium retail products, co-created by Superlogic, the leader in experiential rewards technology, and Open Network Exchange, the leader in global travel and leisure-based commerce solutions.

Dusk, NPEX, and Cordial Systems are partnering to develop a blockchain-powered stock exchange, setting a new standard for digital asset custody and institutional finance in Europe.

NPEX, Dusk, and Cordial Systems: Pioneering Blockchain-Powered Trading

NPEX, a licensed stock exchange operating a multilateral trading facility (MTF) in the Netherlands, is integrating with the Dusk blockchain to facilitate the issuance, trading, and tokenization of regulated financial instruments. This integration enables both primary and secondary market trading, unlocking new efficiencies and liquidity.

Mark van der Plas, NPEX CEO shared “Working with Cordial Systems is great for all of us. Partners like Cordial make it possible for us to integrate DLTs, provide classic assets on-chain, and drive innovation in a highly regulated sector”.

To facilitate seamless post-trade processes, NPEX will leverage Cordial Systems’ Cordial Treasury, a self-hosted wallet technology that enables financial institutions to maintain full control over their technology stack. By avoiding reliance on black-box SaaS solutions, NPEX ensures regulatory compliance and operational security. Additionally, Cordial’s rapid blockchain integration capabilities enabled a smooth connection with the approved Dusk Layer 1 blockchain.

Cordial Systems: A Proven Leader in Tokenization

Cordial Systems is an established participant in the tokenization ecosystem, working alongside Figure Markets and its parent company, Figure.com, which has originated $20 billion in private credit on-chain. For NPEX, Cordial Treasury was a strategic choice, providing seamless deployment and comprehensive on-premise functionality.

Cordial Systems’ CEO, Nicolas Stalder, said “Regulated financial institutions require full control over their digital asset custody, and NPEX’s adoption of Cordial Treasury showcases how a self-hosted, on-premise digital asset custody solution can seamlessly support blockchain-powered market infrastructure. We’re excited to support this milestone in bringing tokenized financial instruments to European markets.”

This partnership also benefits Cordial’s existing client base, who now gain access to hold and transfer assets on the Dusk network.

Dusk Unveils Decentralized Institution-Grade Custody

Dusk is proud to announce the launch of Dusk Vault, the first digital asset custody service with multiple licensed financial institutions, including European banks, centralized crypto exchanges, and NPEX as a traditional exchange, participating as infrastructure partners and clients. This new service will provide unparalleled security, compliance, and decentralization, ensuring seamless institutional onboarding.

Emanuele Francioni, Dusk CEO added “We are thrilled to join forces with Cordial Systems. A blockchain-powered financial system requires partners of the highest caliber, and through their custody solution we are able to serve clients, drive innovation, and bridge the gap between traditional finance and DLTs”.

Expanding its capabilities, Dusk will also introduce custody for all digital assets, covering both cryptocurrencies and tokenized securities and commodities. This innovation will significantly simplify the onboarding of Dusk assets onto both crypto-native and regulated exchanges, including the DUSK token itself and Zedger.

A New Era for On-Chain Finance

On-chain financing continues to expand in 2025, driven by the increasing adoption of tokenized money market funds and stablecoins. As financial institutions integrate blockchain technology, NPEX, Cordial Systems, and Dusk are positioned to support the growth of regulated digital asset markets.

About Dusk

Dusk is the privacy blockchain for financial applications. A new standard for compliance, control, and collaboration. Their mission is to enable enterprises of any size to collaborate at scale, meet compliance requirements, and ensure that personal and transaction data remains confidential. Users can visit dusk.network to learn more.

About NPEX

NPEX offers a regulated platform for the financing of European SMEs and for trading in securities, investment funds, and eventually large caps and digital assets.

About Cordial Systems

Cordial Systems gives users full control over their digital asset custody. Their on-premise, MPC-powered solution is built on zero-trust security, allowing users to store, stake, and manage digital assets across 45+ blockchains while ensuring security, resilience, and regulatory compliance—without vendor reliance. Users can learn more at CordialSystems.com.

In a bold move that’s shaking up the digital finance world, Crypternity.vip, an internet comprehensive financial platform, has captured the attention and praise of global investors for offering some of the lowest transaction fees in the industry. This achievement has not only set a new standard for cost-effective trading but has also made Crypternity.vip a go-to platform for investors looking to maximize their returns without breaking the bank.

A Game-Changer in the Fintech World

While many financial platforms continue to burden users with hefty fees, Crypternity.vip took a different approach—and it’s paying off. By slashing transaction costs across its cryptocurrency trading, forex, and asset management services, the platform has created a ripple effect in the market. Traders and investors from around the world are flocking to Crypternity.vip, drawn by the chance to keep more of their profits.

For many, the platform’s low-fee structure isn’t just a perk—it’s a game-changer. High-frequency traders, who make dozens of trades a day, are seeing tangible boosts to their bottom lines, while small-scale investors now have the freedom to participate in markets that were once cost-prohibitive. It’s a shift that’s democratizing access to financial markets in real-time.

Efficiency Meets Innovation

What’s behind Crypternity.vip’s ability to offer such competitive fees? The answer lies in its state-of-the-art technology and streamlined operations. By leveraging blockchain technology and eliminating unnecessary intermediaries, the platform has slashed overhead costs. These savings aren’t staying in corporate pockets—they’re being passed directly to users.

Investors have been quick to notice. Across online forums, social media, and financial communities, users are sharing stories of higher profits and seamless transactions. “I’ve cut my trading costs in half since switching to Crypternity.vip,” one investor shared on a popular trading forum. “It’s like getting a raise without doing anything different.”

Global Impact and Growing Buzz

Crypternity.vip’s approach has caught the eye of not just individual investors but also institutional players who see the value in low-cost, high-volume trading. As word spreads, the platform is witnessing record-breaking sign-ups and surging trading volumes from markets in Europe, North America, and Asia.

The buzz isn’t just online. Financial analysts are taking note, pointing to Crypternity.vip as a platform that’s disrupting the status quo. Competitors are feeling the pressure, with some already scrambling to adjust their fee structures in response to Crypternity.vip’s success.

Meanwhile, investors are reaping the rewards. Whether it’s a casual trader saving on their first crypto investment or a seasoned professional seeing thousands added to their bottom line, the impact is being felt across the board.

Setting a New Standard

Crypternity.vip’s rise to prominence shows what’s possible when a platform puts user value at the center of its strategy. By cutting transaction fees without compromising on security, speed, or functionality, the platform has struck a balance that few others in the industry have managed to achieve.

As investors continue to sing its praises and competitors scramble to catch up, one thing is clear: Crypternity.vip isn’t just participating in the digital finance revolution—it’s leading it.

Partnership to Facilitate Launch of Crypto Credit Card for Seamless Transactions

RedotPay, a leading provider of crypto payment solutions, is excited to announce its collaboration with Visa and StraitsX to launch an innovative card program in Singapore. This initiative aims to redefine how users interact with their digital assets in everyday transactions by combining RedotPay’s innovative technology with Visa’s extensive global payment network. The collaboration is made possible through the essential support of StraitsX as the BIN sponsor for the card program.

Seamless Transactions

The new card program will empower users to spend their cryptocurrencies effortlessly across millions of Visa-accepting merchants worldwide. With this innovative solution, users can utilize their cryptocurrencies directly, thanks to RedotPay’s proprietary real-time conversion technology. This feature bridges the gap between digital assets and traditional commerce, making crypto spending as seamless as using a conventional debit or credit card.

Compliance and Security

RedotPay is committed to providing users with a secure and trustworthy platform for their transactions. The partnership emphasizes robust security measures to protect user data and funds, fostering confidence in the use of cryptocurrencies for everyday purchases.

Enhancing User Experience

“We are thrilled to partner with Visa and StraitsX to bring this innovative card program to Singapore,” said Michael, CEO of RedotPay. “This collaboration marks a significant step forward in our mission to make crypto payments accessible and user-friendly, promoting the mass adoption of cryptocurrencies in payment systems. Our users will enjoy the flexibility of spending their digital assets just like traditional currency.”

Jason Tay, Head of Commercial at StraitsX said, “We are excited to support RedotPay in launching this innovative card program in Singapore. This partnership is a game changer for everyday retail use cases, enabling users to easily leverage their digital assets for daily transactions. As the BIN sponsor, StraitsX is dedicated to powering this initiative, which will transform how consumers interact with cryptocurrencies in the retail space. By combining our technology with Visa’s vast network, we are making it easier than ever for users to seamlessly integrate digital assets into their everyday spending.”

“Based on a Visa study, close to six in 10 consumers in Singapore are aware of cryptocurrencies. In fact, over 35 percent of cryptocurrency owners in Singapore use cryptocurrencies for retail purchases. We are happy to support our partners who are helping more cryptocurrency users have a more seamless payment experience and access to digital payments leveraging on their Visa cards for face-to-face or online transactions. Visa is committed to promoting innovation with our valued partners and this initiative with RedotPay and StraitsX aligns with our vision to become the best way to pay and be paid,” said Adeline Kim, Visa Country Manager for Singapore & Brunei.

Looking Ahead

The RedotPay card program soft launched late 2024, featuring a user-friendly interface designed for both convenience and security. Users will have the ability to manage their crypto assets easily, making everyday spending as simple as swiping a card.

About RedotPay

RedotPay is a leading crypto payment company, headquartered in Hong Kong, eligible to operate across various Asian, European, and other jurisdictions. Their mission is to enable crypto adoption as a medium of exchange, increase payment efficiency with blockchain, and promote financial inclusion for the unbanked. Through intuitive interfaces and proprietary blockchain technology, RedotPay simplifies crypto transactions while prioritizing enterprise-grade security. The platform enables seamless integration of digital assets into everyday spending, ensuring accessibility and trust for both businesses and individuals.

About StraitsX

StraitsX is Southeast Asia’s leading digital payment infrastructure provider and a licensed Major Payment Institution regulated by the Monetary Authority of Singapore. Leveraging blockchain technology within a secure, regulated environment, StraitsX empowers businesses and individuals with innovative tools for managing funds, integrating digital assets, and enabling seamless cross-border transactions. Through partnerships with global financial institutions, businesses, and developers, StraitsX is driving the future of digital payments and financial connectivity.

The collaboration highlights the UAE’s role in the adoption of digital currencies.

Klickl, the UAE-based Web3 financial platform, has announced a collaboration with IMKAN Properties, a leading global real estate developer based in Abu Dhabi, to facilitate property purchases through cryptocurrency.

This collaboration aims to enhance real estate transactions by introducing a new financial model designed to improve the home-buying experience for both regional and international buyers.

The collaboration responds to increasing interest in alternative payment solutions within high-value sectors like real estate, particularly among international buyers looking for secure and efficient transaction methods. By offering Klickl’s cutting-edge cryptocurrency payment processing system, IMKAN aims to provide customers with seamless access to these capabilities, making it easier for them to invest in premium real estate across the UAE.

The integration of cryptocurrency by one of the UAE’s major real estate developers serves to reinforce the country’s status as a global hub for digital currency use as well as underline the growth trajectory of this domain. Both Dubai and Abu Dhabi have made efforts in recent years to advance regulations as well as attract businesses, talent, and investment related to digital assets.

“Our collaboration with IMKAN aligns with our mission to extend the benefits of Web3 technologies into everyday business transactions,” said Michael Zhao, CEO of Klickl. “From cross-border remittances to real estate investments, digital currencies offer an unmatched level of convenience, transparency, and efficiency. By supporting Imkan’s customers with both crypto payment acceptance and fiat conversion, we are creating a model that other real estate companies can adopt to attract a new generation of buyers.” He went on to say.

Cryptocurrency-Enabled Transactions – A First for IMKAN Properties

The collaboration will allow IMKAN to offer its clients the option of converting cryptocurrencies, including Bitcoin, Ethereum, and stablecoins like USDT for use to invest in premium real estate. With these options, both local and international buyers can gain greater flexibility, avoiding the complexities and delays that often come with cross-border bank conversions.

One of the key drivers behind this initiative is the increasing number of international investors in UAE real estate. The ability to use digital currencies for conversion will streamline transactions for overseas buyers, especially those in emerging markets or regions with less-developed banking infrastructure.

“Crypto is more than a payment method—it’s a financial tool that enables us to operate more efficiently across borders,” Zhao explained. “Our goal with IMKAN is to offer this technology to its customers in a way that enhances liquidity and supports business continuity, providing real estate developers with the financial stability they need to grow.”

Klickl’s platform will be offered seamlessly with IMKAN’s existing sales and payment systems. Buyers can experience a straightforward process where cryptocurrency payments can be made through a secure platform, and all necessary regulatory checks will be conducted automatically.

Compliance and Security at the Forefront

Given the increasing scrutiny around digital assets, Klickl will ensure that all transactions are compliant with UAE regulations. From Know Your Customer (KYC) protocols to anti-money laundering (AML) compliance, the platform incorporates best-in-class security features to protect both IMKAN and its clients.

“We are committed to maintaining the highest levels of security and compliance,” Zhao emphasized. “Every transaction will go through rigorous checks to ensure it meets regulatory standards, so our partners and their customers can transact with confidence.”

The Future of Real Estate with Digital Finance

The collaboration between Klickl and IMKAN represents a milestone in the UAE’s journey toward becoming a global hub for digital finance. As part of the initiative, the two companies will establish a dedicated task force to oversee the rollout of the offer to use crypto for real estate payments. This group aims to focus on optimizing the customer experience and gathering feedback to refine the offering over time.

The long-term vision includes expanding the use of digital finance tools across IMKAN’s full range of projects, from residential developments to large-scale commercial properties.

“The UAE is rapidly emerging as a major crypto hub driven by the region’s welcoming regulatory environment and its proactive approach to supporting the digital asset sector. As one of the nation’s leading real estate developers, IMKAN is proud to play a decisive role in revolutionizing real estate transactions by embracing cryptocurrency for property investments. Together with Klickl, we are helping to ensure that the UAE will remain a leader and not a follower in digital currency proliferation,” said Engineer Suwaidan Al Dhaheri, CEO of IMKAN Properties.

A Strategic Initiative for Industry Advancement

As one of the major real estate players in the region to offer cryptocurrency in connection with payments, IMKAN is setting a precedent for others to follow. The collaboration with Klickl comes at a time when the UAE is solidifying its reputation as a global leader in financial innovation, supported by forward-thinking regulations and a favorable business environment.

“This collaboration demonstrates how blockchain and digital assets can bring real value to traditional industries,” said Zhao. “It’s not just about following trends; it’s about using these technologies to solve real-world challenges and unlock new opportunities. We see the potential for this model to reshape not only real estate but also other sectors where high-value transactions are common.”

About Klickl

Klickl is a premier Web 3.0 Open Finance platform based in the UAE, providing crypto-friendly banking and digital payment solutions as foundational infrastructure for the Web3 sector. Leveraging its own crypto infrastructure, global settlement systems, and partnerships with traditional banks, Klickl offers a comprehensive suite of services, including accounts, custody wallets, payments, settlements, on/off ramps, and trading within a distributed regulatory compliance framework. As the first to deploy a customer-focused risk model, Klickl addresses the unbanked challenge in crypto, empowering the next billion users to enter Web3. Headquartered in Abu Dhabi, with a primary focus on the Middle East and Africa, Klickl bridges digital and traditional finance by building a global stablecoin ecosystem aligned with regulatory standards.

For more information, users can visit www.klickl.com

About IMKAN Properties:

IMKAN, the leading global real master developer based in Abu Dhabi has earned its reputation with a portfolio of 26 projects spanning five countries across two continents. As a wholly-owned subsidiary of Abu Dhabi Capital Group, IMKAN prioritizes the creation of soulful places that enrich lives. This philosophy is driven by a unique research platform that empowers IMKAN to understand the needs and desires of its diverse customer base, ranging from millennials to discerning high-net-worth individuals.

Notable among its projects is IMKAN’s AlJurf masterplan, a 3.8 million sqm mixed-use development along a 1.6km coastline and 9km long canal front, all set within a preserved natural ecosystem between Abu Dhabi and Dubai. AlJurf is set to become a global health and wellness destination when the SHA Emirates Residences opens in 2026, with the third international SHA Wellness resort joining the flagship award-winning SHA Wellness Clinic in Spain. Other projects include Makers District on Al Reem Island, Abu Dhabi, an 18.6-hectare waterfront mixed-use development featuring Pixel, a cluster of seven residential towers; Nudra in Saadiyat Island, an exclusive beachside community; and Sheikha Fatima Park, Abu Dhabi’s first urban park.

With offices in Egypt and Morocco, IMKAN’s global presence includes major projects like the 500-hectare Alburouj development in Egypt. In Morocco, key projects include Le Carrousel Residences and the country’s first open-air shopping mall.

For more information, users can call 800 IMKAN or visit www.imkan.ae