Metalpha, Exos Financial, and BlockchainK2 Announce Joint Venture for US Institutional Digital Asset Market

Rhea-AI Summary

Metalpha (NASDAQ: MATH) signed a Memorandum of Understanding with Exos Financial and BlockchainK2 to form a joint venture targeting the US institutional digital asset market. The JV will focus on OTC derivatives and hedging, digital asset investment strategies, and securities-linked transactions, leveraging Exos's US regulated platform and BlockchainK2's tokenization technology.

The parties plan to deliver compliant, institutional-grade solutions to U.S. clients; no financial terms, timeline, or binding agreement were disclosed.

Positive

• Signed MOU to form a US-focused digital asset joint venture
• Combines Metalpha derivatives expertise with Exos regulated US platform
• BlockchainK2 provides tokenization and fund distribution technology

Negative

• MOU is non-binding with no disclosed financial terms
• No launch timeline or commercial milestones provided
• Outcome subject to forward-looking risks and regulatory uncertainty

Key Figures

Announcement date: Feb. 24, 2026 Exos founding year: 2018

2 metrics

Announcement date Feb. 24, 2026 Joint venture MOU announcement date

Exos founding year 2018 Exos Financial LLC founding year

Market Reality Check

Price: $1.26 Vol: Volume 35,018 is below th...

low vol

$1.26 Last Close

Volume Volume 35,018 is below the 20-day average of 97,980, suggesting muted pre-news activity. low

Technical Shares at $1.26 are trading below the 200-day MA of $2.87 and 69.78% under the 52-week high.

Peers on Argus

While MATH was up 3.28% pre-announcement, sector peers were mixed and only BTM a...

1 Up

While MATH was up 3.28% pre-announcement, sector peers were mixed and only BTM appeared in momentum scanners, up 3.35% without news, indicating a stock-specific setup.

Previous Partnership Reports

1 past event · Latest: Aug 28 (Positive)

Same Type Pattern 1 events

Date	Event	Sentiment	Move	Catalyst
Aug 28	Strategic partnership	Positive	-2.9%	Partnership with AMINA Bank to enhance Hong Kong crypto wealth management.

Pattern Detected

Prior partnership news drew a negative price reaction despite strategic positioning.

Recent Company History

In the last six months, Metalpha highlighted expansion through partnerships and capital initiatives. A key prior partnership on Aug 28, 2025 with AMINA Bank targeted Hong Kong digital asset wealth management and saw a -2.9% move. The new US-focused joint venture fits this pattern of institutional crypto collaboration, shifting emphasis from Hong Kong wealth products to US institutional-grade derivatives and digital asset strategies.

Historical Comparison

-2.9% avg move · Past partnership news (e.g., AMINA Bank on Aug 28, 2025) saw an average -2.9% move, providing a refe...

partnership

-2.9%

Average Historical Move partnership

Past partnership news (e.g., AMINA Bank on Aug 28, 2025) saw an average -2.9% move, providing a reference point for how markets historically reacted to MATH’s collaboration headlines.

Partnerships have evolved from Hong Kong-focused wealth management with AMINA Bank toward a US institutional joint venture, signaling a shift from regional offerings to broader institutional digital asset infrastructure.

Market Pulse Summary

This announcement outlines a Memorandum of Understanding for a US-focused joint venture, combining M...

Analysis

This announcement outlines a Memorandum of Understanding for a US-focused joint venture, combining Metalpha’s crypto derivatives expertise with Exos’s regulated platform and BlockchainK2’s tokenization technology. It follows earlier partnership activity, such as the AMINA Bank collaboration on Aug 28, 2025. Investors may focus on whether the MOU progresses to a binding JV, how quickly products reach US institutions, and how execution interacts with the company’s leveraged but growing digital-asset-driven balance sheet.

Key Terms

memorandum of understanding, joint venture, otc derivatives, tokenization, +1 more

5 terms

memorandum of understanding regulatory

"today announced the signing of a Memorandum of Understanding ("MOU") with Exos"

A memorandum of understanding (MOU) is a formal agreement between two or more parties that outlines their shared intentions and plans to work together. It acts like a handshake in writing, clarifying each side’s roles and expectations before any official contract is signed. For investors, an MOU signals that parties are serious about collaboration, which can influence future business opportunities and potential growth.

joint venture financial

"The three parties intend to form a Joint Venture ("JV") aimed at delivering"

A joint venture is when two or more companies team up to work on a specific project or business idea, sharing both the risks and the rewards. It’s like friends starting a lemonade stand together—each contributes resources and they split the profits, making it easier to succeed than going alone.

otc derivatives financial

"focusing initially on three core pillars: offering tailored OTC derivatives and hedging"

Over‑the‑counter (OTC) derivatives are private financial contracts—like swaps, forwards or options—made directly between two parties instead of through a public exchange. They matter to investors because these deals are highly customizable (like tailoring a suit) but carry greater credit and liquidity risk: the other party might not perform and it can be hard to sell the contract, so OTC positions can amplify gains or losses and affect a firm’s financial health.

tokenization technical

"BlockchainK2 contributes advanced technology platforms for tokenization and fund distribution"

Tokenization is the process of converting real-world assets or rights into digital tokens stored on a computer network. This allows assets, such as property or investments, to be divided into smaller parts, making them easier to buy, sell, or transfer electronically. For investors, tokenization can increase access to a wider range of investments and make transactions faster and more efficient.

forward-looking statements regulatory

"This press release contains statements that may constitute "forward-looking" statements"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. Not financial advice.

HONG KONG, NEW YORK and VANCOUVER, BC, Feb. 24, 2026 /PRNewswire/ -- Metalpha Technology Holding Limited (NASDAQ: MATH) ("Metalpha"), a global leading provider of blockchain and trading technology solutions, today announced the signing of a Memorandum of Understanding ("MOU") with Exos Financial LLC ("Exos"), a technology-driven boutique financial services platform based in New York, and BlockchainK2 Corp. (TSXV: BITK) ("BK2"), a public Canadian holding company for blockchain technology companies. The three parties intend to form a Joint Venture ("JV") aimed at delivering compliant, institutional-grade digital asset solutions to clients based primarily in the United States.

The proposed Joint Venture unites three highly complementary industry leaders to address the growing demand for crypto-financial services in the US. This strategic collaboration leverages Metalpha's deep expertise in cryptocurrency derivatives and liquidity solutions alongside Exos Financial's regulated investment banking and asset management businesses and framework, established by former Credit Suisse CEO Brady Dougan. Completing the ecosystem, BlockchainK2 contributes advanced technology platforms for tokenization and fund distribution through its portfolio interests, effectively bridging the gap between traditional finance and digital assets.

Under the terms of the MOU, the parties plan to establish a business dedicated to delivering digital asset solutions to primarily the US institutional market, focusing initially on three core pillars: offering tailored OTC derivatives and hedging solutions to institutions and miners; developing digital asset investment strategies, such as crypto relative value; and creating securities-linked transactions that provide exposure to digital assets.

"This partnership represents a significant milestone in Metalpha's global expansion strategy," said Mr. Adrian Wang, CEO of Metalpha. "By joining forces with Exos and BlockchainK2, we are positioning ourselves to enter the critical US market with a fully compliant, institutional-grade offering. We look forward to leveraging Exos's extensive knowledge and experience in the US market and BK2's technological infrastructure to bring our market-leading derivative products to US clients."

"At Exos, we believe the future of finance lies in the seamless integration of technology and compliance," said Brady Dougan, Founder and CEO of Exos Financial. "Partnering with Metalpha and BlockchainK2 allows us to extend our modern institutional platform into the digital asset space, offering clients sophisticated strategies with the infrastructure and support they expect from a top-tier financial institution."

"We are excited to facilitate this venture," said Sergei Stetsenko, CEO of BlockchainK2. "The combination of Metalpha's trading prowess, Exos's institutional pedigree, and our ecosystem's technological capabilities creates a powerful engine for growth. This JV is designed to solve key pain points for US institutions seeking exposure to digital assets."

About Metalpha 

Metalpha Technology Holding Limited (NASDAQ: MATH) is a global leading provider of blockchain and trading technology solutions. With extensive blockchain and traditional fintech expertise, we are dedicated to delivering state-of-the-art technological solutions, including digital asset related management systems, hedging infrastructures, liquidity solutions and institutional grade architectures. We offer highly customized, one-stop solutions to help our customers grow their businesses and are committed to strengthening our position as one of the largest gateways to digital assets in Asia.

About Exos Financial LLC

Founded in 2018, Exos Financial is a B2B institutional finance platform designed to modernize the delivery of investment banking and wealth management services. Exos operates U.S. regulated entities, offering technology-driven solutions in investment banking, asset management, and alternative investments.

About BlockchainK2 Corp.

BlockchainK2 Corp. (TSXV: BITK; OTCQB: BIDCF; GERMANY: KRL2) is a holding company investing in blockchain technology solutions for capital markets and other sectors. The Company owns a majority interest in RealBlocks, a technology platform for private equity, private credit, and real estate that provides tokenized secondary trading and fund distribution solutions.

Forward-Looking Statements 

This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to" and similar statements. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management's control. These statements involve risks and uncertainties that may cause Metalpha's actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.

 

View original content:https://www.prnewswire.com/news-releases/metalpha-exos-financial-and-blockchaink2-announce-joint-venture-for-us-institutional-digital-asset-market-302696549.html

SOURCE Metalpha Technology Holding Ltd.

FAQ

What did Metalpha (MATH) announce on February 25, 2026 about a joint venture?

Metalpha announced a signed MOU to form a joint venture with Exos and BlockchainK2 aimed at US institutional clients. According to the company, the JV will target OTC derivatives, crypto investment strategies, and securities-linked transactions using Exos's regulated US platform and BK2 technology.

What services will the Metalpha-Exos-BlockchainK2 JV offer to US institutions?

The JV will offer OTC derivatives and hedging, digital asset investment strategies, and securities-linked transactions to institutions. According to the company, the initial focus is crypto relative value strategies, institutional hedging for miners, and tokenization-enabled fund distribution.

Does the Metalpha (MATH) announcement include financial terms or a timeline for the JV?

No, the announcement did not disclose financial terms, equity splits, or a launch timeline for the JV. According to the company, the parties signed an MOU outlining intent but did not provide commercial or timing details.

How does Exos Financial contribute to the Metalpha JV announced February 25, 2026?

Exos contributes regulated US investment banking and asset management capabilities to support institutional distribution. According to the company, Exos's regulated entities and compliance framework are intended to enable a compliant institutional offering in the United States.

What technology does BlockchainK2 bring to the joint venture with Metalpha (MATH)?

BlockchainK2 brings tokenization and fund distribution platforms, including its majority interest in RealBlocks. According to the company, BK2's technology will enable tokenized secondary trading and fund distribution as part of the JV ecosystem.

How binding is the Metalpha, Exos, and BlockchainK2 agreement announced in February 2026?

The agreement is a Memorandum of Understanding and is non-binding, indicating intent rather than a finalized transaction. According to the company, the MOU outlines planned JV objectives but is subject to further negotiation, approvals, and execution of binding documents.