Intellistake backs Venture/Project Mycelium partnership

Executive Summary

• Intellistake Technologies Corp. endorses a strategic partnership between its target acquisition, Singularity Venture Hub, and Project Mycelium, a decentralized AI infrastructure company.
• Intellistake holds an active letter of intent to acquire 100% of Singularity Venture Hub, which will provide Intellistake with direct access to Mycelium’s sovereign, agent-first compute network upon completion of the acquisition.
• The partnership involves Singularity Venture Hub incubating Project Mycelium’s Web3 infrastructure expansion, providing expertise in tokenization, treasury management, and capital formation.

Key Details

• Acquisition Status: Intellistake has an active letter of intent to acquire 100% of Singularity Venture Hub (subject to conditions).
• Partnership Structure: Singularity Venture Hub has entered into an agreement with Project Mycelium to incubate and support its Web3 infrastructure expansion.
• Project Mycelium Capabilities:
  • Develops the world's first sovereign, agent-first compute network.
  • Combines stateless GPU-first orchestration, quantum-safe zero-knowledge distributed memory, encrypted peer-to-peer networking, and semantic indexing.
  • Positioned as an institutional-grade alternative to centralized providers like AWS and Azure.
• Singularity Venture Hub Role:
  • Provides expertise in tokenization design, treasury management, capital formation, and go-to-market execution.
  • Helps structure digital assets, coordinate validator onboarding, and oversee regulated token launches.
  • Revenue model includes retained positions in tokenized projects, treasury management fees, and strategic equity or token allocations.
• Strategic Rationale: The collaboration validates Intellistake’s thesis that decentralized compute, data ownership, and tokenized infrastructure are foundational to next-generation AI markets.
• Transaction Conditions: Completion of the Singularity Venture Hub acquisition is subject to:
  • Satisfactory due diligence.
  • Negotiation and execution of a definitive agreement (including representations, warranties, covenants, indemnities, and termination rights).
  • No objection from the Canadian Securities Exchange.
  • Shareholder approval (if required).
• Market Context: Global demand for AI compute infrastructure is projected to reach multitrillion-dollar levels by 2030, with decentralized systems expected to capture increasing market share as centralized data centers face capacity limits.

Notable Quotes

• Jason Dussault, CEO of Intellistake Technologies: "The partnership between Singularity Venture Hub and Project Mycelium is a further step forward in digital infrastructure... For Intellistake, this partnership reinforces our belief that decentralized infrastructure isn't speculative; it's the next logical evolution of compute and intelligence systems."
• Alessandro Spano, COO of Singularity Venture Hub: "Our collaboration with Project Mycelium reflects Singularity Venture Hub's commitment to building real bridges between institutional markets and frontier technology... we're ensuring that Mycelium launches with regulatory integrity, robust treasury management and immediate connectivity to institutional capital markets..."
• Sacha Obeegadoo, Business Development Lead, Project Mycelium: "Artificial intelligence is becoming humanity's next critical utility -- and it must remain open, transparent and sovereign. Project Mycelium provides the infrastructure to achieve that."