ericdude
2 weeks ago
BlockchainK2 Corp Announces Strategic Partnership Between RealBlocks and Bosonic Securities LLC
April 19, 2024 4:00 PM EDT | Source: BlockchainK2, Corp
New York, New York--(Newsfile Corp. - April 19, 2024) - BlockchainK2 Corp. (TSXV: BITK) (OTCQB: BIDCF) (FSE: KRL2) ("BlockchainK2" or the "Company") is pleased to announce a strategic partnership between RealBlocks (www.Realblocks.com Enverxergy Inc) and Bosonic Securities LLC (https://bosonic.digital). A Memorandum of Understanding (MOU) between the two companies provides a framework of a binding contract regarding the listing, trading, clearing and settlements of tokenized assets by RealBlocks on Bosonic's Altermative Trading System (ATS) and utilizing Bosonic's proprietary technology and infrastructure.
Bosonic Securities is a technology driven full service firm authorized by the Financial Industry Regulatory Authority (FINRA) to operate a broker-dealer and an Alternative Trading System (ATS) for equity and debt securities, including Digital Asset Securities (securities that use blockchain technology). Bosonic Securities is also authorized to conduct private placement of equity and debt and Digital Asset Securities that are offered and sold pursuant to regulations and registration with the U.S. Securities and Exchange Commission (SEC).
Sergei Stetsenko, CEO of BlockchainK2, stated, "We are excited for Realblocks to partner with Bosonic and expand digital services already offered to our existing clients. This partnership will allow RealBlocks regulatory compliant tokenized assets for immediate listing, trading, clearing and settlement on Bosonic's ATS and infrastructure. It will also allow for proprietary trading, clearing and settlement using technology and infrastructure that focuses on mitigating counterparty credit and settlement risk, bypassing the need for central counterparties or credit intermediation. This initiative will provide our clients with unprecedented access to liquidity, making it easier than ever to invest in and manage all private assets."
"More importantly, all of these digital transactions are delivered by a FINRA registered Broker Dealer (RealBlocks and Bosonic) and SEC registered Alternative Trading System (ATS) that allows for equity and debt and Digital Asset Securities permissions (Bosonic)."
Rosario Ingargiola, CEO of Bosonic, stated, "Our partnership with RealBlocks is set to revolutionize the real estate market by harnessing the power of blockchain for seamless tokenization and trading of assets. This will not only increase market efficiencies but also broaden access to real estate investments."
Notably, Sergei Stetsenko, CEO of BlockchainK2, recently demonstrated strong confidence in the Company's trajectory by investing approximately $500,000 through a dynamic private placement, showcasing his belief in the Company's future growth and strategic initiatives. This investment, further solidifies his commitment to BlockchainK2's vision and strategic partnerships.
About RealBlocks
Founded in 2017 in New York City, RealBlocks has built the most advanced alternative investment experience for fund managers and their investors worldwide through its online platform. RealBlocks is a pioneer in using advanced Technology to offer a fully digital, white-label solution for today's fund managers wishing to expand their firm's investor base by allowing them to offer more funds in more locations with lower investor minimums.
RealBlocks services over $77 billion in assets under administration, and its technology is now being used by RIAs and wealth management firms.
The firm's Software Infrastructure-As-A-Service Platform is built for global scale and uniquely bundles all front, middle, and back office functionality into one easy-to-use online interface. RealBlocks reduces operational expenses, provides the technology for expanding distribution globally, and delivers a powerful tool for built-in secondary trading. For more information, please visit http://www.realblocks.com.
About BOSONIC Securities LLC
Bosonic, Inc., is the developer of innovative technology to facilitate the trading, clearance, and settlement of digital assets and digital asset securities with a focus on elimination of counterparty credit and settlement risk without reliance on central counterparties or other balance sheet dependent credit intermediation. Please visit https://bosonic.digital.
Bosonic Securities, Member FINRA and SIPC
Nextbigone
2 weeks ago
BLOCKCHAINK2 CLOSES PRIVATE PLACEMENT OFFERING / INVESTMENT BY SERGEI STETSENKO
BlockchainK2 Corp. has closed its non-brokered private placement of 1,884,437 units at a price of 26.5 cents per unit for aggregate gross proceeds of $499,376. Each unit comprises one common share in the capital of the company and one-half of one share purchase warrant. Each unit warrant is exercisable to acquire one additional share at an exercise price of 40 cents per unit warrant share until April 18, 2026, subject to the company's right to accelerate the expiry date if, at any time, the average closing price of the shares on the principal exchange or market on which the shares trade is equal to or greater than $1.25 for 20 consecutive trading days. In the event of acceleration, the expiry date will be accelerated to a date that is 30 days after the company issues the acceleration notice through a news release, provided that the acceleration notice is issued within 10 business days after the end of the particular 20-day period.
All securities issued under and in connection with the Offering are subject to a statutory hold period expiring on August 19, 2024, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.
Sergei Stetsenko ("Stetsenko"), the Chief Executive Officer and a director of the Company, purchased 553,388 Units for consideration of $146,648 pursuant to the Offering. Participation by Stetsenko in the Offering is considered a "related party transaction" pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with Stetsenko's participation in the Offering in reliance of sections 5.5(a) and 5.7(a) of MI 61-101, respectively, on the basis that participation in the Offering by Stetsenko did not exceed 25% of the fair market value of the Company's market capitalization.
The net proceeds of the Offering will be used for general working capital purposes.
Investment by Sergi Stetsenko
As described above, Stetsenko, of 400 - 837 West Hastings St., Vancouver, BC V6C 3N6, acquired 553,388 Units, comprising 553,388 Shares and 276,694 Unit Warrants, for consideration of $146,648 pursuant to the Offering.
Immediately prior to the closing of the Offering, Stetsenko beneficially owned or controlled 3,737,858 Shares (including 1,283,750 Shares held by CRG Finance AG, a company controlled by Stetsenko), 70,000 Share purchase warrants ("Warrants") and 384,806 stock options ("Options") of the Company, which represented approximately 14.2% of the issued and outstanding Shares on a non-diluted basis and, assuming the exercise of the 70,000 Warrants and 384,806 Options, approximately 15.7% of the issued and outstanding Shares on a partially diluted basis.
Immediately following the closing of the Offering, Stetsenko beneficially owns or controls 4,291,246 Shares, 346,694 Warrants and 384,806 Options, representing approximately 15.2% of the issued and outstanding Shares on a non-diluted basis and, assuming the exercise of the 346,694 Warrants and 384,806 Options, approximately 17.4% of the issued and outstanding Shares on a partially diluted basis.
The securities of the Company held by Stetsenko are held for investment purposes. Stetsenko has a long-term view of the investment and may acquire additional securities of the Company either on the open market, through private acquisitions or as compensation or sell the securities on the open market or through private dispositions in the future depending on market conditions, general economic and industry conditions, the Company's business and financial condition, reformulation of plans and/or other relevant factors.
A copy of Stetsenko's early warning report will appear on the Company's profile on SEDAR+ and may also be requested by mail at BlockchainK2 Corp., 400 - 837 West Hastings St., Vancouver, BC V6C 3N6, Attention: Sergei Stetsenko or phone at (604) 630-8746.
Nextbigone
2 weeks ago
BlockchainK2 closes $499,376 private placement
2024-04-18 16:40 ET - News Release
Mr. Sergei Stetsenko reports
BLOCKCHAINK2 CLOSES PRIVATE PLACEMENT OFFERING / INVESTMENT BY SERGEI STETSENKO
BlockchainK2 Corp. has closed its non-brokered private placement of 1,884,437 units at a price of 26.5 cents per unit for aggregate gross proceeds of $499,376. Each unit comprises one common share in the capital of the company and one-half of one share purchase warrant. Each unit warrant is exercisable to acquire one additional share at an exercise price of 40 cents per unit warrant share until April 18, 2026, subject to the company's right to accelerate the expiry date if, at any time, the average closing price of the shares on the principal exchange or market on which the shares trade is equal to or greater than $1.25 for 20 consecutive trading days. In the event of acceleration, the expiry date will be accelerated to a date that is 30 days after the company issues the acceleration notice through a news release, provided that the acceleration notice is issued within 10 business days after the end of the particular 20-day period.
All securities issued under and in connection with the Offering are subject to a statutory hold period expiring on August 19, 2024, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.
Sergei Stetsenko ("Stetsenko"), the Chief Executive Officer and a director of the Company, purchased 553,388 Units for consideration of $146,648 pursuant to the Offering. Participation by Stetsenko in the Offering is considered a "related party transaction" pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with Stetsenko's participation in the Offering in reliance of sections 5.5(a) and 5.7(a) of MI 61-101, respectively, on the basis that participation in the Offering by Stetsenko did not exceed 25% of the fair market value of the Company's market capitalization.
The net proceeds of the Offering will be used for general working capital purposes.
Investment by Sergi Stetsenko
As described above, Stetsenko, of 400 - 837 West Hastings St., Vancouver, BC V6C 3N6, acquired 553,388 Units, comprising 553,388 Shares and 276,694 Unit Warrants, for consideration of $146,648 pursuant to the Offering.
Immediately prior to the closing of the Offering, Stetsenko beneficially owned or controlled 3,737,858 Shares (including 1,283,750 Shares held by CRG Finance AG, a company controlled by Stetsenko), 70,000 Share purchase warrants ("Warrants") and 384,806 stock options ("Options") of the Company, which represented approximately 14.2% of the issued and outstanding Shares on a non-diluted basis and, assuming the exercise of the 70,000 Warrants and 384,806 Options, approximately 15.7% of the issued and outstanding Shares on a partially diluted basis.
Immediately following the closing of the Offering, Stetsenko beneficially owns or controls 4,291,246 Shares, 346,694 Warrants and 384,806 Options, representing approximately 15.2% of the issued and outstanding Shares on a non-diluted basis and, assuming the exercise of the 346,694 Warrants and 384,806 Options, approximately 17.4% of the issued and outstanding Shares on a partially diluted basis.
The securities of the Company held by Stetsenko are held for investment purposes. Stetsenko has a long-term view of the investment and may acquire additional securities of the Company either on the open market, through private acquisitions or as compensation or sell the securities on the open market or through private dispositions in the future depending on market conditions, general economic and industry conditions, the Company's business and financial condition, reformulation of plans and/or other relevant factors.
A copy of Stetsenko's early warning report will appear on the Company's profile on SEDAR+ and may also be requested by mail at BlockchainK2 Corp., 400 - 837 West Hastings St., Vancouver, BC V6C 3N6, Attention: Sergei Stetsenko or phone at (604) 630-8746.
We seek Safe Harbor.
https://www.stockwatch.com/News/Item/Z-C!BITK-3538076/C/BITK
Nextbigone
3 years ago
Amplify Games Partners with Games Industry Veteran Team Teravision Games
Vancouver, British Columbia – May 17, 2021 - BlockchainK2 Corp. wholly owned subsidiary Amplify Games (“BlockchainK2” or the “Company”) (TSX.V: BITK) (OTCQB: BIDCF) (FSE: KRL2) is thrilled to share that Teravision Games has joined the Amplify Alliance to provide vital developer guidance as Amplify continues to build its upcoming gaming technology platform.
Since their formation in 2006, Teravision Games has produced a broad range of licensed video games for some of entertainment’s largest companies and will soon launch their first self-published title. The Colombian-based team revealed yesterday that they will launch Captain ToonHead vs the Punks from Outer Space this summer on the fastest growing VR platform, Oculus Quest, as well as other VR platforms such as HTC Vive, PlayStation VR, and Valve Index this summer.
With the studio’s long tenure in the gaming industry, Teravision will provide a slew of first-hand experience and knowledge to the Amplify Games platform. With their assistance, the Amplify Team will continue to design a platform that provides more resources to gaming professionals and enthusiasts.
"The Amplify Team truly understands the needs and challenges of independent developers and are bringing all their passion, expertise and technology to solve one of the key challenges every indie developer has: discoverability," says Enrique Fuentes, CEO of Teravision Games. “I believe their platform will become extremely valuable for indie developers and our team is looking forward to providing support for this awesome project."
“We were immediately impressed by Teravision Games’ robust catalog and unique sense of creativity," says Tony Caputo, CEO of Amplify Games. "We’re absolutely honored to have their support to the Amplify Alliance and really value the fantastic advice they’ve already provided us with."
Teravision Games stands alongside a wide variety of developers and publishers in the Amplify Alliance that will provide invaluable guidance to the Amplify Team as they prepare to launch their gaming platform later this year.
About Teravision Games
Teravision Games is a leading Latin American video game development studio. It was founded in 2006 and its headquarters are located in Bogotá, Colombia with offices in the US, Canada and Spain. The studio has developed more than 80 mobile, web and PC games for companies like Disney, Nickelodeon, Namco and Atari, and is now focused exclusively on PC and Console games. Their company is preparing to launch Captain ToonHead vs the Punks from Outer Space for VR platforms this summer. For more information, please head to teravisiongames.com.
About Amplify Games Inc.
Amplify Games is a gaming technology platform that is solving the problems of today with technology that will empower the future of digital game distribution and promotion. The platform uses blockchain technology to change the current studio, publisher, influencer paradigm. This combination of the needs within the gaming industry and the solutions that blockchain and NFT’s can provide to meet those needs is what will enable Amplify Games to take advantage of huge opportunities in the $45 billion digital games market.
For more information Amplify Games please visit: http://www.amplifygames.io./
For further information, please contact Tony Caputo, CEO
Tony@amplifygames.io
About BlockchainK2 Corp.
BlockchainK2 Corp. is a holding company investing in blockchain technology solutions for capital markets and other sectors that can be made more efficient through tokenization. The Company owns a gaming platform Amplify Games Inc changing the way video games are distributed and promoted. BlockchainK2 is also invested in RealBlocks, a technology platform for private equity, private credit and real estate that provides tokenized secondary trading of LP interests. The company’s wholly owned subsidiary iRecover Inc is working to implement the findings and principles of behaviorism, social neurodevelopment, and behavioral economics in a blockchain based application to support individuals recovering from addiction. The Company also has executed a joint venture agreement with Standard Power, an industrial scale crypto currency mining facility with very low power costs in the United States. For information on BlockchainK2 Corp., please visit www.blockchaink2.com.
For further information, please contact: Sergei Stetsenko, CEO 604-630-8746
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward Looking Statements
This press release contains statements which constitute “forward-looking statements”, including information concerning the intentions, plans and future action of the Company described herein. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, are intended to identify such forward-looking statements. Investors are cautioned that forward-looking statements are based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the general risks of a public company, currently with limited business and financial resources, as well as those risk factors discussed or referred to in the Company's continuous disclosure record available at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as otherwise required by applicable law.
Nextbigone
3 years ago
BIDCF News Release
IGDA’s Renee Gittins Joins Amplify Games’ Advisory Team
Vancouver, British Columbia - April 26, 2021 - BlockchainK2 Corp. wholly owned subsidiary Amplify Games (“BlockchainK2” or the “Company”) (TSX.V: BITK) (OTCQB: BIDCF) (FSE: KRL2) are elated to welcome Renee Gittins, Executive Director of the International Game Developers Association (IGDA), as an advisor for Amplify’s upcoming gaming technology platform.
As a passionate advocate and connector for developers and diversity in the gaming industry, Renee is bringing invaluable guidance to the Amplify Team. Renee is also the CEO of the independent studio Stumbling Cat, allowing her to bring first-hand experience to make the Amplify Games platform empowering and accessible for indie developers and studios.
“I could immediately see Renee’s passion and commitment to bettering the gaming industry and couldn’t be more excited about her joining us and positively influencing our platform.” says Tony Caputo, CEO of Amplify Games. “She brings an invaluable voice and connections to our team.”
Amplify Games joined the IGDA earlier this year, connecting them with a vast community of more than 30,000 games industry professionals around the world. This partnership has continued to grow the opportunity for developers and communities to join the Amplify Alliance. The Amplify Team is looking forward to announcing more of these new partnerships soon.
“I am thrilled to be part of this effort to help game developers, influencers, and gamers work together in a healthier ecosystem. This is a perfect solution to oversaturated digital stores and ineffective marketing efforts.” says Renee Gittins, Executive Director of the IGDA. “I am excited to help connect gamers with the right games for them, while best supporting the developers and influencers that made that connection and game possible.”
With the help of Renee and an alliance of esteemed partners, Amplify Games will continue to build its new gaming platform that’ll provide more power and freedom to developers, content creators, and the gaming community.
About Renee Gittins
Renee Gittins is the Executive Director of the International Game Developers Association, and a multi-disciplinary leader with expertise in software engineering and creative direction. As the youngest Executive Director to ever lead the IGDA, she has made great strides in strengthening its global reach and representing game developers in both media and government relations. Forbes recognized these efforts in 2020, naming her to the Forbes 30 Under 30 list for Games.
She is a passionate advocate and connector for developers and diversity in the game industry, with a background that spans across engineering, design, and production. She is outspoken about initiatives to increase diversity both within the game industry and gaming overall to help the game industry grow and improve for everyone.
About Amplify Games Inc.
Amplify Games is a gaming technology platform that is solving the problems of today with technology that will empower the future of digital game distribution and promotion. The platform uses blockchain technology to change the current studio, publisher, influencer paradigm. This combination of the needs within the gaming industry and the solutions that blockchain and NFT’s can provide to meet those needs is what will enable Amplify Games to take advantage of huge opportunities in the $45 billion digital games market.
For more information Amplify Games please visit: http://www.amplifygames.io./
For further information, please contact Tony Caputo, CEO
info@amplifygames.io
About BlockchainK2 Corp.
BlockchainK2 Corp. is a holding company investing in blockchain technology solutions for capital markets and other sectors that can be made more efficient through tokenization. The Company owns a gaming platform Amplify Games Inc changing the way video games are distributed and promoted. BlockchainK2 is also invested in RealBlocks, a technology platform for private equity, private credit and real estate that provides tokenized secondary trading of LP interests. The company’s wholly owned subsidiary iRecover Inc is working to implement the findings and principles of behaviorism, social neurodevelopment, and behavioral economics in a blockchain based application to support individuals recovering from addiction. The Company also has executed a joint venture agreement with Standard Power, an industrial scale crypto currency mining facility with very low power costs in the United States. For information on BlockchainK2 Corp., please visit www.blockchaink2.com.
For further information, please contact: Sergei Stetsenko, CEO 604-630-8746
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward Looking Statements
This press release contains statements which constitute “forward-looking statements”, including information concerning the intentions, plans and future action of the Company described herein. The words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions, as they relate to the Company, are intended to identify such forward-looking statements. Investors are cautioned that forward-looking statements are based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the general risks of a public company, currently with limited business and financial resources, as well as those risk factors discussed or referred to in the Company's continuous disclosure record available at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as otherwise required by applicable law.
Nextbigone
3 years ago
BIDCF TSXV:BITK News
BlockchainK2 Updates Bitcoin Mining Operations with Standard Power
Newsfile Corp.
Thu, April 15, 2021, 11:00 AM
Vancouver, British Columbia--(Newsfile Corp. - April 15, 2021) - BlockchainK2 Corp. (TSXV: BITK) (OTCQB: BIDCF) (FSE: KRL2) (the "BlockchainK2" or "Company") is pleased to announce an operational update to its existing profit sharing partnership with Standard Power. The operations have been profitably producing Bitcoin with the Company's original generation Bitmain S9 miners since the beginning of operations in July of 2019.
Located in Coshocton, Ohio, Standard Power has existing hosting capacity that allows for 56 MW of power use for operations. The company also has secured a 40 acre site in nearby Conesville, Ohio, with plans to add an additional 160 acres there. This would provide hosting capacity to accommodate cryptocurrency miners with up to 1,000 MW of power use at Standard Power's below-market pricing.
This attractive price allows the Company to have a low Bitcoin mining breakeven price for its miners and provides a robust platform for the Company to grow its Bitcoin mining business. The Company is using its industry reach to identify additional hosting partners to expand its profit sharing partnership with Standard Power.
BlockchainK2 is looking forward to expand its working relationship with Standard Power with industry leading mining hardware.
About BlockchainK2 Corp.
BlockchainK2 Corp. is a holding company investing in blockchain technology solutions for capital markets and other sectors that can be made more efficient through tokenization. The Company owns a gaming platform Amplify Games Inc changing the way video games are distributed and promoted. BlockchainK2 is also invested in RealBlocks, a technology platform for private equity, private credit and real estate that provides tokenized secondary trading of LP interests. The company's wholly owned subsidiary iRecover Inc is working to implement the findings and principles of behaviorism, social neurodevelopment, and behavioral economics in a blockchain based application to support individuals recovering from addiction. The Company also has executed a joint venture agreement with Standard Power, an industrial scale crypto currency mining facility with very low power costs in the United States. For information on BlockchainK2 Corp., please visit www.blockchaink2.com.
For further information, please contact: Sergei Stetsenko, CEO 604-630-8746
About Standard Power
Standard Power is a leading infrastructure service provider for advanced data processing companies. As part of its Tier III+ data center designs, Standard Power focuses on technologies that support high performance computing and is one of the first to adopt liquid 2-phase immersion cooling technology. Standard Power has developed robust designs and systems to provide large scale blockchain mining infrastructure to its institutional partners.
Please visit: https://standardpwr.com
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