Northwire Canada EditionTuesday, October 20, 2026
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GOLD 4159.00 −0.0% SILVER 58.38 +1.9% COPPER 6.61 +0.5% OIL 96.40 −2.2% PALLADIUM 1119.50 −0.3% NXS 0.150 +0.0% ETG 2.96 −2.3% EMNT 0.355 +1.4% PPM 0.140 −6.7% CERT 2.38 +0.8% KNG 0.950 −2.1% RYR 0.195 +2.6% VCG 1.20 +16.5% NVX 1.20 +7.1% LIO 0.170 +3.0% KG 0.160 +0.0% KC 0.410 +2.5% FUU 0.115 −4.2% ECR 0.242 −3.0% MLP 2.14 −4.0% MTT 0.245 +2.1% GOLD 4159.00 −0.0% SILVER 58.38 +1.9% COPPER 6.61 +0.5% OIL 96.40 −2.2% PALLADIUM 1119.50 −0.3% NXS 0.150 +0.0% ETG 2.96 −2.3% EMNT 0.355 +1.4% PPM 0.140 −6.7% CERT 2.38 +0.8% KNG 0.950 −2.1% RYR 0.195 +2.6% VCG 1.20 +16.5% NVX 1.20 +7.1% LIO 0.170 +3.0% KG 0.160 +0.0% KC 0.410 +2.5% FUU 0.115 −4.2% ECR 0.242 −3.0% MLP 2.14 −4.0% MTT 0.245 +2.1%
M&A / Property

Bonk, Inc. Welcomes Strategic Partner TenX Protocols Following Public Debut and Acquisition of ~220 Billion BONK Digital Assets

TNX · Price

Executive Summary

  • TenX Protocols Inc. (TSX‑V:TNX) announced the purchase of ~219.7 billion BONK tokens at an average price of US$0.00001138 per token, marking a major institutional entry into the BONK ecosystem.
  • The acquisition was executed via open‑market and OTC trades and represents a significant deployment of capital shortly after TenX’s recent $29.9 M CAD financing and TSX‑V listing.
  • TenX entered a strategic partnership with BONK Contributors to promote education, awareness, and staking infrastructure services for the BONK network.

Key Details

  • Acquired Quantity: 219,737,766,594.9 BONK tokens (≈219.7 billion).
  • Average Purchase Price: US$0.00001138 per BONK token.
  • Total Approximate Cost: ~US$2.5 million (219.7 B × $0.00001138).
  • Acquisition Method: Combination of open‑market purchases and over‑the‑counter (OTC) trades.
  • Strategic Rationale: Provides third‑party validation for BONK’s treasury strategy; aligns with TenX’s thesis to hold and stake high‑growth digital assets.
  • Partnership Scope: Collaboration with BONK Contributors on educational initiatives, global awareness campaigns, and integration of TenX staking/infrastructure services within the BONK ecosystem.
  • Recent Financing Context: TenX completed a $29.9 M CAD subscription receipt financing prior to this acquisition and debuted on TSX‑V on Dec 10, 2025.
  • Executive Comments:
  • Mat Cybula (Co‑Founder, TenX) – “We are excited to launch TenX as a public company alongside a partner like BONK Contributors…”.
  • Jarrett Boon (CEO, Bonk, Inc.) – Highlighted the acquisition as a “watershed moment” confirming institutional interest in BONK.

Notable Quotes

  • Mat Cybula: “BONK has grown into a deeply embedded ecosystem with real on‑chain activity and a strong community, and that evolution aligns closely with our thesis of actively participating in networks we believe in.”
  • Jarrett Boon: “When another public company—fresh off a $29.9 M CAD financing—allocates significant capital to acquire ~220 billion BONK, it confirms what we have said all along: this asset is moving from the fringe to the balance sheets of regulated entities.”
Read the original news release →

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