Blockchain Capital

Spirit Blockchain Capital and Troon Technologies Announce Collaboration with Alvara on ERC-7621 Token Standard Development

Retrieved on: 
Monday, March 11, 2024

Vancouver, British Columbia, March 11, 2024 (GLOBE NEWSWIRE) -- In a collaborative effort, Spirit Blockchain Capital (CSE: SPIR), together with its subsidiary Troon Technologies, has partnered with software development firm Alvara to further the development of the ERC-7621 Token Standard, a new initiative aimed at enhancing blockchain-based fund management for institutional clients. This partnership marks a strategic move towards the integration of innovative blockchain solutions within the financial sector.

Key Points: 
  • The ERC-7621 Token Standard is designed to facilitate the creation of on-chain, multi-asset tokenized baskets, offering a new framework for managing investment portfolios.
  • Utilizing the Ethereum blockchain, the ERC-7621 Token Standard aims to bridge the gap between the flexibility of blockchain technology and the needs of traditional investment vehicles.
  • The collaboration between Spirit Blockchain Capital, Troon Technologies, and Alvara is focused on leveraging the technical and operational expertise of each entity to realize the full potential of the ERC-7621 Token Standard.
  • "In collaboration with Alvara, we're focusing on the technical nuances of the ERC-7621 Token Standard to fundamentally transform fund management practices.

Spirit Blockchain Capital Invests in CryptoSlam to Pioneer Development, Tokenization, and Foundation Support

Retrieved on: 
Thursday, March 7, 2024

Vancouver, British Columbia, March 07, 2024 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. (CSE: SPIR), an investment firm in the blockchain and digital asset sectors, is excited to announce its strategic investment in CryptoSlam, the leading aggregator of non-fungible token (NFT) data across multiple blockchain ecosystems. This investment marks a significant move for Spirit Blockchain Capital, as it takes an active role in enhancing CryptoSlam's technical capabilities, exploring innovative tokenization opportunities, and laying the groundwork for CryptoSlam's strategic goals.

Key Points: 
  • With the backing of prominent figures and capital from the tech and blockchain communities, CryptoSlam is well-positioned to continue its trajectory of growth and innovation.
  • Lewis Bateman, CEO of Spirit Blockchain Capital, provided insight into the investment strategy: “By investing in CryptoSlam, we're not just participating in the NFT market's expansion; we're actively shaping it.
  • "Randy Wasinger, Founder and CEO of CryptoSlam, commented on the agreement: 'Working with Spirit Blockchain Capital and leveraging the expertise of Lewis Bateman offers us significant opportunities for growth.
  • For us, having been partners with CryptoSlam, this investment by Spirit Blockchain highlights the importance of collaboration and innovation across the industry.

Spirit Blockchain Capital Inc. Announces Non-Brokered Private Placement

Retrieved on: 
Wednesday, March 6, 2024

VANCOUVER, British Columbia, March 06, 2024 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. (the “Company” or “Spirit”) (CSE: SPIR), is pleased to announce that it intends to raise up to $2,500,000 through a non-brokered private placement (the “Offering”) of up to 10,000,000 units (“Units”) at a price of $0.05 per Unit and up to $2,000,000 total principal amount of $1,000 convertible promissory notes (“Notes”).

Key Points: 
  • VANCOUVER, British Columbia, March 06, 2024 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. (the “Company” or “Spirit”) (CSE: SPIR), is pleased to announce that it intends to raise up to $2,500,000 through a non-brokered private placement (the “Offering”) of up to 10,000,000 units (“Units”) at a price of $0.05 per Unit and up to $2,000,000 total principal amount of $1,000 convertible promissory notes (“Notes”).
  • Each Unit will consist of one common share of Spirit (each, a “Common Share”) and one half of ‎one common share purchase warrant (each whole warrant, a “Warrant”).
  • Each Warrant will be ‎exercisable into one Common Share for a period of 24 months at an exercise price of $0.18 per ‎Common Share.‎
    The Notes will mature three (3) years from the ‎date of issuance (the “Maturity Date”) and bear interest at a rate of 7.5% per annum.
  • The Offering is subject to acceptance by the Canadian Securities Exchange.

BounceBit Raises $6M in Seed Funding Round To Build Bitcoin Restaking Infrastructure

Retrieved on: 
Thursday, February 29, 2024

SINGAPORE, Feb. 29, 2024 /PRNewswire/ -- We are thrilled to announce that BounceBit has successfully closed a $6-million funding round to build BTC Restaking infrastructure.

Key Points: 
  • SINGAPORE, Feb. 29, 2024 /PRNewswire/ -- We are thrilled to announce that BounceBit has successfully closed a $6-million funding round to build BTC Restaking infrastructure.
  • "We're thrilled to lead the seed round for BounceBit as they're pushing the frontiers of BTC Restaking and yield generation," said Ted Breyer, Partner at Breyer Capital.
  • "Their expertise and support will be instrumental in our mission to build restaking infrastructure to support yield generation for all types of Bitcoin across a variety of networks."
  • BounceBit will build a plethora of infrastructure, exploring the use-cases of Restaking for various types of Bitcoin.

BounceBit Raises $6M in Seed Funding Round To Build Bitcoin Restaking Infrastructure

Retrieved on: 
Thursday, February 29, 2024

SINGAPORE, Feb. 28, 2024 /PRNewswire/ -- We are thrilled to announce that BounceBit has successfully closed a $6-million funding round to build BTC Restaking infrastructure.

Key Points: 
  • SINGAPORE, Feb. 28, 2024 /PRNewswire/ -- We are thrilled to announce that BounceBit has successfully closed a $6-million funding round to build BTC Restaking infrastructure.
  • "We're thrilled to lead the seed round for BounceBit as they're pushing the frontiers of BTC Restaking and yield generation," said Ted Breyer, Partner at Breyer Capital.
  • "Their expertise and support will be instrumental in our mission to build restaking infrastructure to support yield generation for all types of Bitcoin across a variety of networks."
  • BounceBit will build a plethora of infrastructure, exploring the use-cases of Restaking for various types of Bitcoin.

Introducing Allora: A Self-Improving Decentralized AI Network

Retrieved on: 
Thursday, February 1, 2024

Upshot , a leader in AI x crypto infrastructure, is proud to announce Allora, a new trustless, self-improving decentralized AI network.

Key Points: 
  • Upshot , a leader in AI x crypto infrastructure, is proud to announce Allora, a new trustless, self-improving decentralized AI network.
  • Upshot, a core contributor of Allora, will also support a new ecosystem growth program for projects building on the Allora AI network.
  • The Allora network works for anyone trying to leverage decentralized AI.
  • AnyML: Provides easy integration of any machine learning model so anyone––not just ML engineers––can infuse their product ideas with decentralized AI.

Margaret Paproski serves as the Chief Financial Officer of Spirit Blockchain Capital

Retrieved on: 
Monday, December 18, 2023

Vancouver, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc., an industry leader in digital asset and blockchain technologies, is ecstatic to announce that Margaret Paproski has been appointed as the organization's new chief financial officer effective December 18, 2023.

Key Points: 
  • Vancouver, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc., an industry leader in digital asset and blockchain technologies, is ecstatic to announce that Margaret Paproski has been appointed as the organization's new chief financial officer effective December 18, 2023.
  • Margaret Paproski, a Chartered Professional Accountant and lawyer known for her expertise in financial structuring, capital markets, tax, and general counsel, brings to Spirit Blockchain Capital a wealth of knowledge and experience.
  • Spirit Blockchain Capital has reached amazing milestones and strengthened its position in the blockchain industry under his leadership.
  • Margaret Paproski's appointment marks a new chapter for Spirit Blockchain Capital as it continues to innovate and lead in the blockchain and digital asset sectors.

Spirit Blockchain Capital Secures Major Funding Round from EOS Network Ventures and Prominent Investors

Retrieved on: 
Tuesday, December 5, 2023

Vancouver, BC, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital (“SBC”) is thrilled to announce the successful closure of its latest funding round, marked by a substantial investment from EOS Network Ventures (“ENV”), the venture capital arm of the 3rd generation enterprise-grade blockchain protocol (the “Offering”).

Key Points: 
  • Vancouver, BC, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital (“SBC”) is thrilled to announce the successful closure of its latest funding round, marked by a substantial investment from EOS Network Ventures (“ENV”), the venture capital arm of the 3rd generation enterprise-grade blockchain protocol (the “Offering”).
  • The round also saw participation from other major funding partners, cementing Spirit Blockchain Capital's position as an innovative player in the rapidly evolving blockchain and tokenization ecosystem.
  • "We are excited to announce the successful closure of our recent funding round, which was made possible by the support of ENV and other esteemed funding partners," said Lewis Bateman, CEO at Spirit Blockchain Capital.
  • Spirit Blockchain Capital has consistently demonstrated its commitment to identifying and nurturing innovative blockchain projects with transformative potential.

Spirit Blockchain Completes Debt Settlement and Shares for Services Transaction

Retrieved on: 
Friday, November 10, 2023

Vancouver, British Columbia, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. (CSE: SPIR) (the “Company” or “Spirit”) a leading digital asset investment firm‎, announces the following corporate updates:

Key Points: 
  • Vancouver, British Columbia, Nov. 10, 2023 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. (CSE: SPIR) (the “Company” or “Spirit”) a leading digital asset investment firm‎, announces the following corporate updates:
    The Company has settled outstanding indebtedness (the “Debt Settlement”) of the Company in the aggregate amount of ‎$36,500.00 (the “Debt”), pursuant to the terms of a debt settlement agreement with an arm’s length creditor (the “Creditor”).
  • In settlement of the Debt, the Company has issued $18,250.00 in cash and an aggregate of ‎456,250‎ common shares in the capital of the Company (the “Common Shares”) to the Creditor at a price of $0.04 per Common Share.
  • The Company has also issued an aggregate of ‎1,025,000‎ Common Shares at a price of $0.05 per Common Share to certain directors of the Company (the “Shares for Services”) .
  • The Shares for Services have been issued in lieu of cash payments for services rendered pursuant to consulting agreements whereby these individuals provided various management services to the Company.

Spirit Blockchain Capital Successfully Executes Agreement to Acquire Troon Technologies

Retrieved on: 
Thursday, October 26, 2023

Vancouver, BC, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. ("Spirit" or the "Company") (CSE: SPIR) is thrilled to announce that, further to its press release dated June 16, 2023, it has successfully executed the definitive agreement to acquire the shares of Troon Technologies Canada Inc. (“Troon Technologies”), a technology solutions provider, in a transformative move that promises to propel industry innovation and growth to new heights.

Key Points: 
  • Vancouver, BC, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital Inc. ("Spirit" or the "Company") (CSE: SPIR) is thrilled to announce that, further to its press release dated June 16, 2023, it has successfully executed the definitive agreement to acquire the shares of Troon Technologies Canada Inc. (“Troon Technologies”), a technology solutions provider, in a transformative move that promises to propel industry innovation and growth to new heights.
  • Lewis Bateman, CEO of Spirit Blockchain Capital, commented on this milestone, stating, "This marks a significant achievement in our journey.
  • Our commitment to innovation and technological advancement in the digital asset and technology sectors has found a perfect match in Troon Technologies.
  • At Spirit Blockchain Capital, we are committed to serving the evolving needs of our clients and the blockchain sector at large.