Intellistake Acquisition Target Singularity Venture Hub Partners with Project Mycelium on Sovereign AI Cloud Initiative

Executive Summary

• Intellistake Technologies Corp. announced its endorsement of a strategic partnership between its acquisition target, Singularity Venture Hub (SVH), and Project Mycelium, a decentralized AI‑cloud platform.
• The partnership gives Intellistake early exposure to Mycelium’s sovereign compute network and validates its thesis on tokenized, decentralized AI infrastructure.
• Completion of the pending Letter of Intent to acquire 100 % of SVH remains subject to due diligence, definitive agreement execution, regulatory approvals and shareholder consent.

Key Details

• Existing Acquisition: Intellistake holds a Letter of Intent to acquire all outstanding shares of Singularity Venture Hub, pending customary closing conditions.
• Partnership Scope: SVH will incubate Project Mycelium, providing tokenization design, treasury management, capital formation and go‑to‑market execution services.
• Revenue Model for SVH: Incubation/advisory fees, retained equity or token positions in successful on‑chain deployments, and treasury management fees.
• Mycelium Platform Highlights:
• Sovereign, agent‑first cloud with stateless GPU‑first orchestration.
• Quantum‑safe zero‑knowledge distributed memory for user‑owned data.
• Encrypted peer‑to‑peer networking for sovereign communication.
• Semantic indexing enabling secure cross‑domain interoperability.
• Strategic Benefits to Intellistake:
• Direct access to Mycelium’s decentralized AI ecosystem once SVH acquisition closes.
• Validation of Intellistake’s long‑term strategy focused on decentralized compute, data ownership and tokenized infrastructure.
• Market Context: Global demand for AI compute infrastructure projected to reach multi‑trillion‑dollar levels by 2030; decentralized solutions expected to capture an increasing market share as centralized data centers hit capacity limits.
• Closing Conditions for SVH Acquisition: Satisfactory due diligence, execution of a definitive agreement with standard representations, warranties and covenants, no objection from the Canadian Securities Exchange, and any required shareholder approvals.

Notable Quotes

• “The partnership between Singularity Venture Hub and Project Mycelium is a further step forward in digital infrastructure.” – Jason Dussault, CEO, Intellistake Technologies Corp.
• “Our collaboration with Project Mycelium reflects Singularity Venture Hub's commitment to building real bridges between institutional markets and frontier technology.” – Alessandro Spano, COO, Singularity Venture Hub
• “Artificial intelligence is becoming humanity's next critical utility—and it must remain open, transparent, and sovereign.” – Sacha Obeegadoo, Business Development Lead, Project Mycelium