Belgravia Hartford Corporate Update: Parallel Logic Partners with Protofire and Diadata

Rhea-AI Summary

Belgravia Hartford Capital (CSE: BLGV) (OTC: BLGVF) has announced key partnerships for its subsidiary NodeVest.io and Parallel Logic Corporation (PLC). The company has partnered with Protofire.io, a blockchain infrastructure leader, and diadata.org (DIA), a trusted oracle provider. Protofire will develop a parallel version of the Ethereum blockchain explorer for Ethpar, while DIA will provide oracles for onchain transactions. Both partners will own and operate Ethpar validators.

Additionally, PLC has been selected as a semifinalist in the Coindesk pitch competition at Consensus 2025 in Toronto. The company is currently finalizing its ownership stake in Parallel Logic and EthPar through NodeVest. The EthPar parallel fork aims to enhance stablecoin payment features, offering zero-friction and near-zero-cost transactions for merchants and customers.

Positive

• Selection as semifinalist in Coindesk's pitch competition at Consensus 2025
• Strategic partnership with established blockchain players Protofire and DIA
• Development of new blockchain explorer for enhanced stablecoin payment features

Negative

• Ownership stake in Parallel Logic and EthPar not yet finalized
• Securities not registered under U.S. Securities Act, limiting U.S. market access

Toronto, Ontario--(Newsfile Corp. - May 15, 2025) - BELGRAVIA HARTFORD CAPITAL INC. (CSE: BLGV) (OTC Pink: BLGVF) (FSE: ECA) ("Company" or "Belgravia"), its wholly-owned subsidiary, NodeVest.io ("NodeVest") and Parallel Logic Corporation ("PLC") are all delighted to announce a partnership with Protofire.io ("Protofire") a blockchain infrastructure leader, and diadata.org ("DIA") one of the most trusted oracle providers for on-chain transactions.

Victor Cook, Ph.D., CTO of NodeVest and Founder and CEO of Ethpar, stated: "Protofire will develop a parallel version of the Ethereum blockchain explorer for Ethpar and DIA will provide oracles to enable the onchain economy. Protofire and DIA will both own and operate Ethpar validators. Protofire and DIA are aligned to materially benefit from growth in the Ethpar ecosystem."

Parallel Logic Corporation (PLC) was selected as a semifinalist in the pitch competition sponsored by Coindesk at Consensus 2025 in Toronto, Canada. Consensus is the most influential Ethereum conference of the year. Dr. Cook continued: "We are so excited that the Coindesk judges have granted Ethpar this valuable audience."

Mehdi Azodi, CEO of Belgravia, added: "As announced on April 16th 2025, a special committee has been formed to manage the future direction of NodeVest and its investments. Currently Belgravia via its wholly owned subsidiary NodeVest is finalizing its ownership stake in Parallel Logic and EthPar."

Ava Tahmasebi, a board member and special committee advisor of Belgravia Hartford said "The EthPar parallel fork brings essential payment features to stablecoins. EthPar is a blockchain that works like a payment approval network. For merchant and customer acceptance, stablecoins can do everything legacy payments can do, but with zero friction and at near zero cost. Dr. Cook, the CTO of NodeVest, has opened the Ethereum ecosystem up to the Canadian retail market in a manner not available to most investors in Canada."

The partnership between Belgravia and PLC continues to be managed by NodeVest <https://nodevest.io/> where more details about the Ethpar Blockchain and our partnership may be found.

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This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be ored or sold in the "United States" or to "U.S. persons" (as such terms are defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

Neither CSE nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.

About Belgravia Hartford

Belgravia Hartford Capital Inc. is an investment issuer, listed for trading on the Canadian Securities Exchange, focused on the tech and finance sectors of the worldwide economy. The Company's focus, as set out in its 2018 Investment Policy, specifies cryptocurrencies, artificial intelligence, media and digital streaming opportunities. Belgravia invests in a portfolio of private and public companies located in jurisdictions governed by the rule of law. It takes a multi-sector investment approach with emphasis in the resources and commodities sector. Belgravia and its investments are considered high risk holdings and it may expose shareholders to significant volatility and losses.

For more information, please visit www.belgraviahartford.com and https://nodevest.io/

Neither CSE nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements include statements that use forward-looking terminology such as "may", "will", "expect", "anticipate", "believe", "continue", "potential" or the negative thereof or other variations thereof or comparable terminology. Such forward-looking statements include, without limitation, statements regarding the structure of the Investment, anticipated risk mitigation strategies, Dr. Cook's planned appearance on TraderTV, and other statements that are not historical facts. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, changes in market trends, the completion, results and timing of research undertaken by the Company, risks associated with resource assets, the impact of general economic conditions, commodity prices, industry conditions, dependence upon regulatory, environmental, and governmental approvals, and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

For More Information, Please Contact:

Mehdi Azodi, President & CEO
Belgravia Hartford Capital Inc.
(416) 779-3268
mazodi@blgv.ca

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252248

FAQ

What partnerships did Belgravia Hartford (BLGVF) announce in May 2025?

Belgravia Hartford announced partnerships with Protofire.io, a blockchain infrastructure leader, and diadata.org (DIA), a trusted oracle provider. Protofire will develop a parallel Ethereum blockchain explorer for Ethpar, while DIA will provide oracles for onchain transactions.

What is the significance of BLGVF's selection for the Consensus 2025 pitch competition?

Parallel Logic Corporation, associated with Belgravia Hartford, was selected as a semifinalist in the Coindesk pitch competition at Consensus 2025, the most influential Ethereum conference of the year, providing valuable exposure for their Ethpar project.

What is EthPar's main purpose according to Belgravia Hartford?

EthPar is a blockchain that functions as a payment approval network, bringing essential payment features to stablecoins with zero friction and near-zero cost for merchants and customers.

What is the current status of Belgravia Hartford's ownership in Parallel Logic and EthPar?

As of May 2025, Belgravia Hartford, through its wholly-owned subsidiary NodeVest, is in the process of finalizing its ownership stake in Parallel Logic and EthPar.