BlockMint to Expand Crypto Portfolio with New Initiatives
BlockMint Technologies, a crypto-focused company since 2018, has announced plans to expand its cryptocurrency portfolio and initiatives. The company, which currently holds Bitcoin from previous mining operations, is exploring new opportunities including crypto staking and creating an investment product similar to MicroStrategy's Bitcoin strategy. BlockMint is considering investments in Dogecoin, Avax, and Sonic, leveraging its existing crypto infrastructure and proprietary software. The company also plans to explore opportunities in asset tokenization, a market projected to reach US$16 trillion by 2030. These initiatives are driven by the anticipated favorable crypto environment and aim to enhance shareholder value.
BlockMint Technologies, un'azienda focalizzata sulle criptovalute dal 2018, ha annunciato piani per espandere il proprio portafoglio di criptovalute e le relative iniziative. L'azienda, che attualmente detiene Bitcoin da precedenti operazioni di mining, sta esplorando nuove opportunità inclusi il crypto staking e la creazione di un prodotto d'investimento simile alla strategia Bitcoin di MicroStrategy. BlockMint sta considerando investimenti in Dogecoin, Avax e Sonic, sfruttando la propria infrastruttura crypto esistente e software proprietario. L'azienda prevede anche di esplorare opportunità nella tokenizzazione degli asset, un mercato che si prevede raggiungerà i 16 trilioni di dollari USA entro il 2030. Queste iniziative sono guidate dall'attesa di un ambiente crypto favorevole e mirano ad aumentare il valore per gli azionisti.
BlockMint Technologies, una empresa enfocada en criptomonedas desde 2018, ha anunciado planes para expandir su cartera de criptomonedas e iniciativas. La empresa, que actualmente posee Bitcoin de operaciones de minería previas, está explorando nuevas oportunidades que incluyen crypto staking y la creación de un producto de inversión similar a la estrategia Bitcoin de MicroStrategy. BlockMint está considerando inversiones en Dogecoin, Avax y Sonic, aprovechando su infraestructura cripto existente y software propietario. La empresa también planea explorar oportunidades en la tokenización de activos, un mercado que se proyecta alcanzará 16 billones de dólares EE. UU. para 2030. Estas iniciativas están impulsadas por el anticipado entorno favorable para las criptomonedas y tienen como objetivo mejorar el valor para los accionistas.
BlockMint Technologies는 2018년부터 암호화폐에 집중해 온 회사로, 암호화폐 포트폴리오와 이니셔티브 확대 계획을 발표했습니다. 현재 이전 채굴 작업에서 비트코인을 보유하고 있는 이 회사는 암호화폐 스테이킹 등 새로운 기회를 탐색하고 있으며, MicroStrategy의 비트코인 전략과 유사한 투자 상품을 만들 계획입니다. BlockMint는 도지코인, 아바크스 및 소닉에 대한 투자도 검토하고 있으며, 기존의 암호화폐 인프라와 독자적인 소프트웨어를 활용할 예정입니다. 또한, 2030년까지 16조 달러에 이를 것으로 예상되는 자산 토큰화 시장에서도 기회를 탐색할 계획입니다. 이러한 이니셔티브는 예상되는 유리한 암호화폐 환경에 의해 추진되며, 주주 가치를 향상시키는 것을 목표로 하고 있습니다.
BlockMint Technologies, une entreprise axée sur les cryptomonnaies depuis 2018, a annoncé des plans pour élargir son portefeuille de cryptomonnaies et ses initiatives. L'entreprise, qui détient actuellement du Bitcoin issu d'opérations de minage antérieures, explore de nouvelles opportunités, y compris le staking de cryptomonnaies et la création d'un produit d'investissement similaire à la stratégie Bitcoin de MicroStrategy. BlockMint envisage également d'investir dans Dogecoin, Avax et Sonic, en tirant parti de son infrastructure crypto existante et de son logiciel propriétaire. L'entreprise prévoit également d'explorer les opportunités dans la tokenisation des actifs, un marché qui devrait atteindre 16 trillions de dollars US d'ici 2030. Ces initiatives sont motivées par l'attente d'un environnement crypto favorable et visent à accroître la valeur pour les actionnaires.
BlockMint Technologies, ein auf Kryptowährungen fokussiertes Unternehmen seit 2018, hat Pläne zur Erweiterung seines Kryptowährungsportfolios und seiner Initiativen angekündigt. Das Unternehmen, das derzeit Bitcoin aus früheren Mining-Operationen hält, erkundet neue Möglichkeiten, einschließlich Krypto-Staking und der Schaffung eines Investmentprodukts, das der Bitcoin-Strategie von MicroStrategy ähnelt. BlockMint beabsichtigt, in Dogecoin, Avax und Sonic zu investieren und dabei seine bestehende Krypto-Infrastruktur und proprietäre Software zu nutzen. Das Unternehmen plant außerdem, Möglichkeiten in der Tokenisierung von Vermögenswerten zu erkunden, einem Markt, der voraussichtlich bis 2030 16 Billionen US-Dollar erreichen wird. Diese Initiativen werden durch die erwartete günstige Krypto-Umgebung vorangetrieben und zielen darauf ab, den Shareholder-Wert zu steigern.
- Holds existing Bitcoin inventory from prior mining operations
- Has established crypto infrastructure and proprietary software
- Plans to expand crypto portfolio through staking and new token acquisitions
- Targeting growing asset tokenization market projected at US$16 trillion by 2030
- None.
- BlockMint has been crypto focused since its inception in 2018 with cutting-edge crypto software.
- BlockMint currently maintains a BTC portfolio from prior mining operations.
- Management is evaluating new initiatives, including staking of crypto currencies using its existing BTC portfolio and creating an access product akin to MicroStrategy's Bitcoin investment strategy.
- Candidates being evaluated for this investment strategy include Dogecoin, Avax and Sonic (formerly Fantom).
- New strategies are designed to enhance shareholder value.
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2024) - BlockMint Technologies Inc. ("BlockMint" or the "Company") is pleased to share with shareholders some of the initiatives that the Company has been exploring over the past few months.
The re-election of Donald Trump in the United States and his pledge to establish a strategic national crypto stockpile and create a crypto advisory council has energized global interest in the crypto and DeFi space. Given this new favorable environment, the Company intends to explore ways to leverage its existing crypto infrastructure, proprietary crypto software and intellectual property to take advantage of emerging opportunities in the crypto industry to enhance shareholder value.
BlockMint has been active in the cryptocurrency sector since its inception in 2018. It has developed a number of innovative, cutting-edge crypto products such as its proprietary Minter browser (available at getminter.com) which enables a more decentralized deployment of blockchain based applications by allowing users to use their spare computing power to mine cryptocurrencies. The Company has also been an active crypto-miner and holds an inventory of Bitcoin ("BTC") from its prior mining operations. BlockMint is now considering expanding its crypto portfolio by purchasing additional BTC or other cryptocurrencies for staking and to offer shareholders indirect exposure to crypto assets (similar to MicroStrategy's holdings of BTC). In addition, the Company is exploring various opportunities for the tokenization of real-world assets, including currencies, commodities, art, equities, etc. The asset tokenization market is expected to grow exponentially, with a report by Boston Consulting Group and ADDX projecting it to reach US
BlockMint's CEO, Dan Beck, commented: "In our view, the incoming U.S. administration and their positive stance on crypto has created a backdrop that we believe is incredibly bullish for our sector. It will accelerate the institutional acceptance of crypto currencies as a legitimate and desirable asset class. Notably, the SEC approved several U.S.-listed BTC ETFs this year and we expect more such milestones in the coming years. Crypto is no longer a fad, but an established branch of global finance. A far cry from only a few short years ago.
With these changes in mind, we have begun to explore the possibility of adopting a business model similar to MicroStrategy's Bitcoin investment model but for other blockchain currencies. We are exploring acquiring tokens for platforms such as Dogecoin, Avax and Sonic (formerly Fantom). We believe that the potential for the creation of an access product for these or other emerging protocols can serve as a means of value creation for our shareholders. As has been our long-standing practice, the Company will provide shareholders with timely updates of any developments if and when appropriate."
About BlockMint Technologies Inc.
BlockMint operates the website carbontokensmarket.com, which was created to be a single source of information on the expanding carbon tokens market; and operates the Minter browser (available at getminter.com) which enables a more decentralized deployment of blockchain based applications by allowing users to use their spare computing power to mine cryptocurrencies to earn either carbon credits to help offset their carbon footprint or fractional ownership in a NFT.
On behalf of
BLOCKMINT TECHNOLOGIES INC.
Dan Beck
Dan Beck, CEO
info@blockmint.ai
Tel: +1-503-446-0151
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.
ADVISORY: The reference to a third party source contained in this news release is provided for informational purposes and is not to be considered a statement of the Company.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to global sentiment related to the crypto and DeFi space; statements with respect to the future policies of the U.S. administration, statements with respect to the acceptance of cryptocurrencies and statements with respect to the business strategy and objectives of BlockMint, including statements regarding the potential purchase of Bitcoin or other cryptocurrencies for staking and the exploring of various opportunities for the tokenization of real-world assets.
Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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