Sky Quarry and Continuum Move Closer to Launching Real-World Asset Tokens and Exchange Platform
Sky Quarry (NASDAQ: SKYQ) announced progress in its August 2025 MOU with Continuum Network to develop real-world asset (RWA) tokens tied to oil assets and a functional exchange interface.
The collaboration advances token creation, a digital treasury model, and a plan to pledge oil tokens as collateral to support crude purchases—while keeping equity and token purchases distinct to avoid shareholder dilution. The release cites market illustrations including a $750 billion–$1 trillion global liquidity opportunity at modest adoption and a U.S. example where 1% of U.S. proved reserves (~$400B) tokenized could generate roughly $4B of liquidity.
Sky Quarry (NASDAQ: SKYQ) ha annunciato progressi nel suo MOU di agosto 2025 con Continuum Network per sviluppare token di asset reali (RWA) legati a asset petroliferi e una interfaccia di scambio funzionale.
La collaborazione avanza la creazione di token, un modello di tesoreria digitale e un piano per offrire i token petroliferi come collaterale per sostenere gli acquisti di crude—mentre si mantiene distinta l'equità e gli acquisti di token per evitare la diluizione degli azionisti. Il comunicato cita esempi di mercato, tra cui una opportunità globale di liquidità di $750 miliardi–$1 trilione con una adozione modesta e un esempio statunitense in cui l'1% delle riserve provate statunitensi (~$400B) tokenizzate potrebbe generare circa $4B di liquidità.
Sky Quarry (NASDAQ: SKYQ) anunció avances en su Memorando de Entendimiento (MOU) de agosto de 2025 con Continuum Network para desarrollar tokens de activos del mundo real (RWA) vinculados a activos petroleros y una interfaz de intercambio funcional.
La colaboración impulsa la creación de tokens, un modelo de tesorería digital y un plan para comprometer tokens de petróleo como garantía para respaldar compras de crudo, manteniendo la equidad y las compras de tokens separadas para evitar la dilución de los accionistas. El comunicado cita ejemplos de mercado, incluidas una oportunidad de liquidez global de $750 mil millones–$1 billón con adopción modesta y un ejemplo en EE. UU. donde el 1% de las reservas probadas de EE. UU. (~$400B) tokenizadas podrían generar aproximadamente $4B de liquidez.
Sky Quarry (NASDAQ: SKYQ)는 Continuum Network와의 2025년 8월 MOU에서 실세계 자산(RWA) 토큰을 석유 자산에 연결하고 기능적인 교환 인터페이스를 개발하는 데 진전을 발표했습니다.
협력은 토큰 생성, 디지털 금고 모델, 그리고 원유 토큰을 담보로 사용하여 원유 구매를 지원하는 계획을 진전시키며, 주주 희석을 피하기 위해 자본과 토큰 구매를 구분해 두고 있습니다. 발표에는 $7500억–$1조의 전세계 유동성 기회와 미국 매장보유량의 1%(~$400B)를 토큰화하면 약 $4B의 유동성을 창출할 수 있다는 예시가 포함되어 있습니다.
Sky Quarry (NASDAQ: SKYQ) a annoncé des progrès dans son protocole d'entente d'août 2025 avec Continuum Network pour développer des jetons d’actifs du monde réel (RWA) liés à des actifs pétroliers et une interface d’échange fonctionnelle.
La collaboration fait progresser la création de jetons, un modèle de trésorerie numérique et un plan pour mobiliser des jetons pétroliers comme garantie afin de soutenir les achats de brut—tout en maintenant l’équité et les achats de jetons distincts afin d’éviter la dilution des actionnaires. Le communiqué cite des exemples de marché, notamment une opportunité de liquidité mondiale de $750 milliards–$1 trillion avec une adoption modeste et un exemple américain où 1% des réserves prouvées des États‑Unis (~$400B) tokenisés pourraient générer environ $4B de liquidité.
Sky Quarry (NASDAQ: SKYQ) announced Fortschritte in seinem August-2025-MOU mit Continuum Network zur Entwicklung von Token realer Vermögenswerte (RWA), die an Ölmengen gebunden sind, sowie eine funktionsfähige Handelsplattform.
Die Zusammenarbeit beschleunigt die Token-Erstellung, ein digitales Treasury-Modell und einen Plan, Öltoken als Sicherheiten zur Unterstützung von Rohölkäufen zu verwenden—während Eigenkapital- und Tokenkäufe getrennt bleiben, um eine Verwässerung der Aktionäre zu vermeiden. Die Mitteilung führt Marktexemplare an, darunter eine globale Liquidität opportunity von $750 Mrd.–$1 Billion bei moderater Adoption und ein US-Beispiel, bei dem 1% der bewiesenen US-Reserven (~$400B) tokenisiert etwa $4B an Liquidität generieren könnte.
Sky Quarry (NASDAQ: SKYQ) أعلنت عن تقدم في مذكرة التفاهم الخاصة بها في أغسطس 2025 مع Continuum Network لتطوير رموز أصول واقعية مرتبطة بأصول نفطية وواجهة تبادل وظيفية.
أدى التعاون إلى تعزيز إنشاء الرموز، ونموذج الخزانة الرقمية، وخطة لطرح رموز النفط كضمان لدعم مشتريات الخام—مع الحفاظ على فصل الملكية وشراء الرموز لتجنب تخفيض قيمة الأسهم. يشير البيان إلى أمثلة سوقية بما في ذلك فرصة سيولة عالمية تبلغ $750 مليار–$1 تريليون مع اعتماد محدود ومثال أمريكي حيث أن 1% من الاحتياطيات المثبتة في الولايات المتحدة (~$400B) يمكن أن يولد نحو $4B من السيولة.
Sky Quarry (NASDAQ: SKYQ) 公布了其与 Continuum Network 于 2025 年 8 月签署的意向书（MOU）进展，旨在开发与石油资产相关的真实世界资产代币（RWA）以及一个功能性交易界面。
此次合作推动代币创建、数字金库模型，以及以石油代币作抵押以支持原油购买的计划，同时将股权与代币购买区分开来以避免股东稀释。公告引用市场示例，包括在适度采用下全球流动性机会多达 $7500亿–$1万亿美元，以及一个美股案例，即若将 美国已探明储量的1%（约$4000亿）代币化，可能产生约 $40亿美元的流动性。
- MOU advanced to token creation and exchange interface (Aug 2025)
- Project plans to pledge oil tokens as collateral for crude purchases
- $750B–$1T estimated global liquidity at modest adoption rates
- Equity and token purchases will be kept legally distinct to avoid dilution
- Implementation requires accurate reserve audits, legal structuring, and custody
- Market outcomes depend on tokenization adoption assumptions and timelines
- Tightening bank lending: 9.5% of U.S. banks tightened C&I loan standards in Q3 2025
Insights
Tokenization could expand liquidity options for Sky Quarry but depends on execution, custody, and market acceptance.
Sky Quarry plans to convert oil-backed reserve claims into tradable digital tokens and to use an internal token treasury to collateralize crude purchases, preserving equity and avoiding traditional debt. The setup aims to create fractional, price-linked instruments that sit separate from company stock and could provide working capital without share dilution.
Key dependencies include audited reserve proofs, institutional-grade custody, compliant KYC/AML flows, and functioning secondary markets; absent those, tokens may have limited liquidity or acceptance. Watch near-term milestones such as token creation, exchange interface launch, and any disclosed reserve audit or custody provider within a
The concept addresses structural financing gaps but hinges on clear legal structures and regulatory clarity.
Keeping equity and token transactions distinct reduces some legal ambiguity, while structuring tokens as asset claims requires robust legal documentation, enforceable rights, and transparent valuation tied to oil prices. Secure custody, audited smart contracts, and well-defined investor protections are essential to make tokens credible as collateral for suppliers and lenders.
Regulatory outcomes and enforceability of tokenized claims are the main risks; monitor filings or statements on legal structuring, third-party reserve audits, custody agreements, and any regulatory guidance over the next
Partnership advances framework to simplify how investors access commodity-linked assets while expanding Sky Quarry’s capital options
WOODS CROSS, Utah, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry" or the "Company"), an integrated energy solutions company committed to transforming the waste asphalt shingle recycling industry, today announced significant progress in its partnership with Continuum Network, accelerating work that began with the signing of a Memorandum of Understanding (MOU) in August 2025.
Under the collaboration, Sky Quarry and Continuum are working to establish a clear framework for tokenizing energy-linked commodities and developing the digital infrastructure needed to support a modernized treasury model. Since signing the MOU, the parties have advanced both technical and operational workstreams and are preparing to launch the token creation process and functional exchange interface.
A New Model for Unlocking Energy Asset Value
Real-World Asset (RWA) tokenization is the process of converting rights in tangible assets into secure digital tokens on a blockchain. For Sky Quarry, this means creating tokens that give investors clear claims tied directly to the underlying asset, rather than company stock.
“In the past, companies often sat on valuable assets and could only access them through traditional financing channels,” said Marcus Laun, President and Interim Chief Executive Officer of Sky Quarry. “What we’re doing with Continuum flips that model. Tokenization connects assets directly with investors in a way that’s transparent and efficient. These tokens aren’t company stock — they’re designed to be simple, easy to understand, and always backed by something real and verifiable. For Sky Quarry, we believe that it will open new and more flexible ways to raise capital and strengthen our balance sheet. We believe this approach puts us ahead of the curve in showing how traditional industries can use digital tools to unlock new opportunities.”
How It Works: Tokens vs. Equity
To ensure regulatory clarity, Sky Quarry will keep equity and token purchases entirely distinct. Investors can continue to purchase shares in Sky Quarry through standard equity transactions, giving them ownership rights in the company. Separately, the Company intends to create tokens tied to its oil assets.
We intend to sell these tokens in separate transactions, and they will be priced based on the current market price of oil. Sky Quarry also plans to use its own token treasury to create working capital by pledging these oil tokens to suppliers as collateral for crude oil purchases at its refinery. We believe that this strategy will allow the Company to leverage assets already on its balance sheet, creating liquidity without diluting our equity holders or incurring additional debt.
Market Context: A Global Opportunity
Energy reserves represent one of the largest pools of untapped asset value in the world. According to OPEC, global proven crude reserves totaled approximately 1.567 trillion barrels in 2024.¹ Independent and mid-cap oil producers — critical contributors to regional supply — often face tight liquidity constraints, particularly during commodity price volatility. Many of these companies are forced to keep reserves off balance sheet because traditional financing channels offer limited marketability.
We believe that tokenization addresses this challenge by converting these reserves into blockchain-based instruments. It allows fractional ownership, improves transparency, and introduces new forms of liquidity that were previously inaccessible.
Market Opportunity and Liquidity Potential
Applying even modest adoption rates to this model demonstrates the scale of the opportunity:
- If just 10–
15% of producing reserves and5% of undeveloped reserves were tokenized, it could unlock an estimated$750 billion to$1 trillion in global liquidity. - Tokenized reserves can be structured to function similarly to other commodity-linked instruments, while enabling efficient fractionalization and direct investor access.
These estimates are derived from upstream asset valuations and current RWA tokenization comparables, underscoring the significant capital formation potential.
Use Case: Enhancing Working Capital
Traditional reserve-based lending (RBL) typically caps loan-to-value ratios at 30–
- Issue asset-backed tokens and broaden investor participation
- Potentially reduce financing costs
- Access instant secondary market liquidity
- Pledge tokens as collateral to support operations
For Sky Quarry, this means the potential to transform warehoused energy assets into a digital treasury — increasing financial flexibility without diluting shareholders or taking on conventional debt.
Key Market Drivers
- Tightening credit markets: In Q3 2025,
9.5% of U.S. banks reported tightening standards for commercial and industrial loans.³ - Mature infrastructure: Tokenization platforms now offer qualified custody, KYC/AML compliance, and smart contract auditing at institutional-grade levels.
- ESG alignment: Pairing reserve-backed tokens with verified carbon credits can attract sustainability-focused investors, opening new pools of capital.
U.S. Impact and Illustrative Scenario
If
Implementation Considerations
Tokenization requires rigorous execution to ensure credibility and compliance:
- Accurate and transparent reserve auditing
- Robust legal structuring
- Clear regulatory frameworks
- Secure custody and investor protections
These factors are critical to mitigating valuation, governance, and compliance risks as the market scales.
References
¹ OPEC Annual Statistical Bulletin 2025 – World Proven Crude Oil Reserves.
² Norton Rose Fulbright (2024). Reserve-Based Lending: Market Overview and Trends.
³ U.S. Federal Reserve (2025). Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS).
Continuum Network: Bringing Real Assets On-Chain
Continuum Network brings deep expertise in secure blockchain infrastructure, investor verification, and automated digital contracting to support transparent and compliant token issuance.
“The pace of progress demonstrates the strength of this collaboration,” said Mehdi Mehrtash, Founder of Continuum Network. “Our platform is purpose-built to securely support real-world assets with full transparency and auditability, without the complexity often associated with blockchain. For investors, that means no need to manage crypto wallets or pay transaction fees. Tokens can be held and traded simply, with full transparency. By removing that friction, we make it easier for institutions and individuals to participate with confidence.”
Strategic Vision for Sky Quarry
“The reason this is so compelling is that there are thousands of smaller companies operating across the energy industry,” said Marcus Laun. “Tokenization can unlock billions in additional working capital, making the industry more efficient and more profitable. We intend to market our tokenization products to the sector while using our own assets and operations as a real-world demonstration platform. We’ve already begun discussions with counterparties and are evaluating additional assets for tokenization. It’s a very exciting time.”
He continued, “We believe that the advantage of this strategy is that it isn’t dilutive to the share structure and will complement our broader digital asset treasury initiative and directly strengthen our balance sheet.”
About Continuum Network
Continuum Network is redefining enterprise blockchain with a gasless, public-permissioned EVM platform that removes the cost, complexity, and barriers to adoption of Decentralized Ledger Technology (DLT). By combining zero-trust architecture, decentralized identity (DID) standards, and asset-based encryption, Continuum enables organizations to verify identity, compliance, and data ownership without exposing sensitive information. Built for universal integration and global regulatory alignment, the platform empowers industries worldwide, from finance and energy to healthcare, manufacturing, logistics, and government, to operate with transparency, accountability, and trust. Continuum Network delivers the secure and scalable foundation needed for a more connected and resilient digital economy.
About Sky Quarry Inc.
Sky Quarry Inc. (NASDAQ:SKYQ) and its subsidiaries are, collectively, an oil production, refining, and a development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. Our waste-to-energy mission is to repurpose and upcycle millions of tons of asphalt shingle waste, diverting them from landfills. By doing so, we can contribute to improved waste management, promote resource efficiency, conserve natural resources, and reduce environmental impact. For more information, please visit skyquarry.com.
Forward-Looking Statements
This press release may include ''forward-looking statements.'' All statements pertaining to our future financial and/or operating results, future events, or future developments may constitute forward-looking statements. The statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project,” or words of similar meaning. Such statements are based on the current expectations and certain assumptions of our management, of which many are beyond our control. These are subject to a number of risks, uncertainties, and factors, including but not limited to those described in our disclosures. Should one or more of these risks or uncertainties materialize or should underlying expectations not occur or assumptions prove incorrect, actual results, performance, or our achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. We neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. You are urged to carefully review and consider any cautionary statements and the Company’s other disclosures, including the statements made under the heading "Risk Factors" and elsewhere in the Company’s Form 10-K as filed with the SEC on March 31, 2025, and all amendments thereto, as well as the Company’s Form 10-Q as filed with the SEC on August 14, 2025. Forward-looking statements speak only as of the date of the document in which they are contained.
Investor Relations
Jennifer Standley
Director of Investor Relations
Ir@skyquarry.com
Company Website
FAQ
What did Sky Quarry (SKYQ) announce on October 22, 2025 about tokenization?
How could Sky Quarry use oil tokens to strengthen SKYQ's balance sheet?
What liquidity estimates did Sky Quarry cite for tokenizing energy reserves?
Will buying tokens affect SKYQ stock ownership?
What key implementation risks did Sky Quarry identify for SKYQ token issuance?
