Tenx adds disclosure to Blade Labs acquisition

Executive Summary

• Tenx Protocols completed the acquisition of proprietary blockchain validator infrastructure and intellectual property from Blade Labs Corp. for a total consideration of $320,000.
• The company disclosed its current digital asset and cash holdings as of December 16, 2025, including significant positions in Solana, Sei, Sui, and USDC, alongside $5.6 million in cash reserves.
• A six-month service agreement was established with Blade Labs, under which Tenx provides validator hosting and support services for a fixed monthly fee of $5,000.

Key Details

• Acquisition Consideration: Total value of $320,000, structured as $160,000 in cash and 213,333 common shares valued at $0.75 per share.
• Acquisition Date: July 8, 2025.
• Asset Details: The acquired IP includes proprietary infrastructure for Solana (SOL) and Sui (SUI) networks, specifically validator monitoring, performance optimization, and network integration software.
• Service Agreement: Tenx entered a six-month agreement starting January 2, 2025, to provide validator hosting, monitoring, and technical support to Blade Labs for a fixed monthly fee of $5,000.
• Digital Asset Holdings (as of Dec. 16, 2025):
  • 19,699 Solana (SOL)
  • 21,748,120 Sei (SEI)
  • 129,263 Sui (SUI)
  • 7,244,333 USDC
• Cash Position: Approximately $5.6 million held to support operations and infrastructure development.
• Debt Status: The company reports no debt obligations as of December 16, 2025.
• Strategic Goal: The assets are intended to be deployed into validator infrastructure to participate in network consensus and generate staking revenue.

Notable Quotes

• "Strengthening our validator technology through this acquisition supports our long-term infrastructure road map across high performance networks," said Mat Cybula, chief executive officer of Tenx Protocols.