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Bullboard - Stock Discussion Forum BlockchainK2 Corp V.BITK

Alternate Symbol(s):  BIDCF

BlockchainK2 Corp. is a Canada-based holding company. The Company is focused on investing in the blockchain technology solutions for capital markets and other sectors. The Company’s portfolio companies include Amplify Games Inc. (Amplify), iRecover Inc. (iRecover), Real Blocks (Envexergy) and Standard Power. The Amplify Games Inc. offers a gaming technology platform that allows the digital game... see more

TSXV:BITK - Post Discussion

View:
Post by Stockhousemoney on Feb 14, 2024 9:50pm

News

 

BlockchainK2 invests $225,000 (U.S.) in RealBlocks

 

2024-02-14 16:45 ET - News Release

 

Mr. Sergei Stetsenko reports

BLOCKCHAINK2 ANNOUNCES STRATEGIC INVESTMENT IN REALBLOCKS

BlockchainK2 Corp. has invested in Enverxergy Inc., commonly referred to as RealBlocks, a modern blockchain investment network providing global access to alternative investments. The amount of the company's investment is $225,000 (U.S.), acquiring over 99.3 per cent of the equity interest in RealBlocks.

Sergei Stetsenko, chief executive officer of BlockchainK2, stated: "Decentralized, open-source smart contract protocols are enabling the tokenization of real-world assets -- including equity and debt. Tokenization of equity and debt means that capital raises will be faster and more efficient. This is because blockchain limits interparty dependency for access to relevant information. Compliance requirements, for example, can now be programmed into tokens via smart contracts, reducing time and money spent on ongoing compliance efforts. Given this speed and efficiency, tokenized assets can be further fractionalized, allowing for wider ownership and deepening markets."

Perrin Quarshie, CEO of RealBlocks, stated: "RealBlocks democratizes access to alternative investments by digitizing shares of the funds over a blockchain-enabled network. The network is designed to create unmatched levels of liquidity and transparency in the traditionally complex world of alternatives, enabling fund managers, financial intermediaries and investors greater control and impact on their performance."

The company also announces that it has engaged Aktiencheck.de AG, owned by Stefan Lindam, for 100,000 euros for a European marketing and news dissemination program. The program is expected to use Aktiencheck.de's website and other related websites, as well as Facebook, and will include social media engine and e-mail marketing. The campaign is anticipated to commence on Feb. 20, 2024, and will be for a three-month term. The principal of Aktiencheck.de Ag is Stefan Lindam of Bahnhofstrase 6, 56470, Bad Marienberg, Deutschland. Mr. Lindam's e-mail is stefan.lindam@aktiencheck.de and main contact number is 49-2661-9890020. The engagement included no shares or options being issued to Aktiencheck.de or its principal.

About BlockchainK2 Corp.

BlockchainK2 is working to build a bridge from the blockchain sector to traditional capital markets and to represent one of the few pure play ways for stock market equity investors to get exposure to the cryptocurrency market via investment in mining and infrastructure, and proprietary software-as-a-service blockchain solutions with leading industry partners.

We seek Safe Harbor.

Comment by MustangSalley on Feb 15, 2024 2:04am
The own all of RealBlocks ! Wow
Comment by enlcan on Feb 15, 2024 6:12am
This could be huge, I was wondering why the accumulation was happening. This may be the reason.