Dynamite Blockchain to acquire 150 million Kasya tokens

Executive Summary

• Dynamite Blockchain Corp. entered into an asset purchase agreement to acquire 150 million Kasya utility tokens.
• Consideration will be paid with 6.3 million common shares at a deemed price of $0.075 per share, representing an aggregate deemed value of $472,500.
• The transaction is expected to close by October 10, 2025, subject to customary closing conditions, and will expand Dynamite’s holdings division into the Kaspa‑based Kasya AI payments ecosystem.

Key Details

• Transaction Structure: Share‑settled purchase; 6.3 million Dynamite common shares issued to seller.
• Pricing: Deemed share price of $0.075 per share; total deemed consideration of $472,500.
• Asset Acquired: 150 million Kasya utility tokens (Kaspa‑based AI payments token).
• Strategic Rationale: Diversifies holdings beyond Kaspa, provides early exposure to Kasya’s AI‑driven payment platform, and enables vertical integration into Dynamite’s blockchain ecosystem.
• Planned Integration: Development of compatible products/services such as digital wallets, payment APIs/SDKs, and merchant solutions leveraging Kasya token utility (fee credits, staking, governance, discounts).
• Closing Timeline: Target closing date October 10, 2025; contingent on Canadian Securities Exchange acceptance, board approval, and delivery of tokens.
• Use of Tokens: Intended to be held in the holdings division for long‑term appreciation and to fuel product development within Dynamite’s ecosystem.

Notable Quotes

(No direct quotes were provided in the release.)