TenX Protocols Completes Acquisition of Blade Labs Software and IP for $320,000

TenX Protocols Inc., a blockchain infrastructure company, has provided an update on its acquisition of proprietary software code and related intellectual property from Blade Labs Corp. for a total consideration of $320,000, completed on July 8, 2025. The purchase included $160,000 in cash and 213,333 common shares valued at $0.75 per share. As part of a six-month agreement starting January 2, 2025, TenX will deliver validator hosting, monitoring, and technical support services to Blade Labs, with Blade Labs paying a fixed monthly fee of $5,000 CAD. TenX stated that this acquisition strengthens its validator technology and supports its infrastructure roadmap for high-performance networks. Following the transaction, TenX holds significant digital assets, including Solana, Sei, Sui, and USDC, and reports a strong balance sheet with approximately $5.6 million CAD and no debt.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TenX Protocols Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 278336) on December 17, 2025, and is solely responsible for the information contained therein.
This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.