Intellistake backs Venture/Project Mycelium partnership

Mr. Jason Dussault reports INTELLISTAKE ACQUISITION TARGET SINGULARITY VENTURE HUB PARTNERS WITH PROJECT MYCELIUM ON SOVEREIGN AI CLOUD INITIATIVE Intellistake Technologies Corp. has endorsed the strategic partnership between Singularity Venture Hub and Project Mycelium, a decentralized AI (artificial intelligence) infrastructure company redefining how data, compute, and intelligence are managed globally. Key highlights: Existing acquisition: Intellistake Technologies has an active letter of intent to acquire 100 per cent of Singularity Venture Hub (subject to conditions), strengthening its position in decentralized AI, blockchain infrastructure and tokenization. Strategic partnership formed: Singularity Venture Hub has entered into an agreement with Project Mycelium, a leading decentralized AI cloud company developing the world's first sovereign, agent-first compute network. Founded by proven innovators: Mycelium's founder, Kristof De Spiegeleer, has built and exited multiple infrastructure ventures that became part of leading global technology ecosystems -- including companies later integrated into certain Fortune 500 companies. Strategic access for Intellistake: Through Singularity Venture Hub, Intellistake gains early exposure and prelaunch participation opportunities within Mycelium's decentralized ecosystem. Alignment with global trends: The collaboration reinforces the rise of tokenized infrastructure, sovereign compute and decentralized AI networks -- core to Intellistake's long-term strategy. Through this strategic partnership, Singularity Venture Hub will incubate and support Project Mycelium's Web3 infrastructure expansion, providing expertise in tokenization design, treasury management, capital formation and go-to-market execution. Venture Hub's role includes helping structure digital assets, co-ordinate validator onboarding and oversee regulated token launches. Venture Hub's revenue model is based on incubation and advisory participation, including retained positions in tokenized projects, treasury management fees, and strategic equity or token allocations earned through successful on-chain deployments. Mycelium's platform, founded by Mr. De Spiegeleer, one of Europe's foremost infrastructure innovators, introduces a sovereign, agent-first cloud to host and manage autonomous AI systems across a decentralized global network. Mycelium's mission is to decentralize AI's backbone -- computation and memory -- using a distributed mesh of nodes operating beyond the constraints of centralized cloud providers. The platform combines: Stateless GPU-first (graphics processing unit) orchestration for verifiable agent deployment; Quantum-safe, zero-knowledge distributed memory ensuring incorruptible, user-owned data; Encrypted peer-to-peer networking for sovereign communication; Semantic indexing enabling secure cross-domain interoperability. Mycelium's system positions to provide an institutional-grade, sovereign alternative to AWS (Amazon Web Services), Azure and other centralized platforms increasingly constrained by regulatory, bandwidth and data-sovereignty challenges. Intellistake's pending acquisition of Singularity Venture Hub (see press release dated Oct. 1, 2025), once completed, will provide the company with direct access and participation pathways to Mycelium's ecosystem. Singularity Venture Hub's incubation model ensures structured tokenization and compliant scaling for technologies shaping the decentralized AI economy. For Intellistake, the collaboration validates its strategic thesis that decentralized compute, data ownership and tokenized infrastructure form the foundation of next-generation AI markets. Through the proposed acquisition of Singularity Venture Hub, Intellistake will participate in this transformation from inception -- bridging institutional investment with frontier Web3 innovation. "The partnership between Singularity Venture Hub and Project Mycelium is a further step forward in digital infrastructure," said Jason Dussault, chief executive officer of Intellistake Technologies. "Mycelium's architecture addresses the same systemic dependencies that once centralized the internet, now within AI. Their team has repeatedly built technologies that became industry standards. 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, chief operating officer of Singularity Venture Hub, added: "Our collaboration with Project Mycelium reflects Singularity Venture Hub's commitment to building real bridges between institutional markets and frontier technology. Mycelium's sovereign compute network establishes the foundational layer for a truly agentic AI infrastructure -- resilient and globally accessible. Through our incubation and advisory framework, we're ensuring that Mycelium launches with regulatory integrity, robust treasury management and immediate connectivity to institutional capital markets, potentially setting a new standard for how decentralized AI ecosystems are built and financed." "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. Singularity Venture Hub's strategic support helps us deploy responsibly and at scale, ensuring nations, enterprises and individuals alike can own and control the intelligence systems they rely upon," stated Sacha Obeegadoo, business development lead, Project Mycelium. The global demand for AI compute infrastructure is projected to reach multitrillion-dollar levels by 2030, driven by exponential growth in data and the rapid scaling of AI workloads. As centralized data centres approach capacity limits, decentralized and distributed computing systems are expected to capture an increasing share of this expanding market. Mycelium's distributed infrastructure directly addresses these bottlenecks, balancing performance, privacy and sovereignty. For Intellistake, the Singularity Venture Hub/Mycelium partnership delivers both validation and access: validation of its strategy to support tokenized; decentralized AI infrastructure; and, once the Singularity Venture Hub acquisition is complete, access to one of the most credible projects reshaping the global compute landscape. Completion of the Singularity Venture Hub acquisition remains subject to completion of satisfactory due diligence; the negotiation and execution of a definitive agreement that will include representations, warranties, covenants, indemnities, termination rights and other provisions customary for a transaction of this nature; no objection from the Canadian Securities Exchange; and shareholder approval of Singularity Venture Hub, if required. About Intellistake Technologies Corp. Intellistake Technologies is developing software solutions that leverage decentralized AI infrastructure to deliver enterprise-grade intelligence. Through validator operations, strategic token participation and the development of enterprise AI agents, Intellistake seeks to bridge the gap between emerging decentralized networks and real-world industry adoption. About Singularity Venture Hub Singularity Venture Hub, a Cayman Islands-based company, comprises Singularity Hub (Cook Island VASP) and Singularity TM AG, a Swiss-regulated digital asset firm specializing in treasury management, incubation and market advisory for emerging AI and Web3 companies. Singularity Venture Hub provides institutional clients with compliant solutions for custody, liquidity management and on-chain yield generation. Its incubation arm bridges digital asset structuring and traditional capital formation, supporting the growth of regulated, real-world tokenized economies. We seek Safe Harbor.