Blockchaink2 Stock Price, News & Analysis

BlockchainK2 Corp. (OTCQB: BIDCF) is a technology company in the software infrastructure segment that focuses on blockchain-based financial technology. The company is described in its public communications as working to build a bridge from the blockchain sector to traditional capital markets and as one of the few pure play ways for stock market equity investors to gain exposure to the cryptocurrency market through investment in mining and infrastructure and proprietary SaaS blockchain solutions with industry partners.

BlockchainK2 Corp. is listed on multiple markets, including the TSX Venture Exchange under the symbol BITK, the OTCQB market under BIDCF, and the Frankfurt Stock Exchange under KRL2. According to company disclosures, its strategy centers on financial technology that connects digital assets and blockchain infrastructure with more traditional capital markets activity. This includes exposure to cryptocurrency-related mining and infrastructure as well as software-as-a-service blockchain platforms.

Focus on blockchain and financial technology

In its public descriptions, BlockchainK2 Corp. states that it is building a bridge between blockchain applications and traditional capital markets. The company highlights exposure to cryptocurrency markets through investments in mining and infrastructure and through proprietary SaaS blockchain solutions. These solutions are described as being developed with leading industry partners and positioned to serve financial market participants who are engaging with blockchain-based assets and tokenization.

The company’s communications emphasize blockchain technology, tokenization of real-world assets, and the use of software infrastructure to support financial transactions and alternative investments. BlockchainK2 Corp. presents itself as a way for equity investors to participate in blockchain and cryptocurrency-related opportunities via a listed company structure.

Relationship with RealBlocks

BlockchainK2 Corp. has disclosed a strategic investment in Enverxergy Inc., commonly referred to as RealBlocks, and has stated that it will acquire a majority interest in RealBlocks. RealBlocks is described as an alternative investments technology platform that bundles front and back-office capabilities needed by asset managers and intermediaries to provide automated, efficient, and low-cost global access to alternative investments.

According to company news, RealBlocks operates a white-label, online Software Infrastructure-As-A-Service platform built for global scale. The platform is described as bundling front, middle, and back-office functionality into one interface, reducing operational expenses, expanding distribution for fund managers, and providing tools for secondary trading. RealBlocks is also described as using Web3 blockchain technology and other advanced technologies to support tokenization, enhanced secondary trading, and global distribution capabilities.

Tokenization and alternative investments

In its public statements about its RealBlocks investment, BlockchainK2 Corp. highlights the use of decentralized, open-source smart contract protocols to enable tokenization of real-world assets, including equity and debt. The company states that tokenization can make capital raises faster and more efficient by limiting inter-party dependency and creating transparency. It also notes that compliance requirements can be programmed into tokens via smart contracts, with the goal of reducing the effort and expense of ongoing compliance.

BlockchainK2 Corp. describes RealBlocks as democratizing access to alternative investments by digitizing issuance and end-to-end processing of funds using advanced technology. The platform is presented as designed to create liquidity and transparency in alternatives, enabling fund managers, financial intermediaries, and investors to have greater control over their investment processes.

Use of Generative AI and blockchain

BlockchainK2 Corp. has publicly discussed plans to incorporate Generative AI into the RealBlocks platform. According to the company, the objective is to further automate fully digital straight-through processing and to assist asset managers and investors in using alternative investments in client portfolios. The company has indicated that it intends to apply Generative AI in areas such as know-your-customer (KYC) and anti-money laundering (AML) processes, as part of its broader focus on automation and efficiency in financial markets.

In its communications, BlockchainK2 Corp. states that it and RealBlocks are advancing the automation of financial markets through their platform, combining Generative AI with blockchain tokenization. The company characterizes this approach as aimed at lowering operational costs, improving transaction accuracy, and enabling wider ownership and micro-investing in various assets.

Partnerships and market positioning

BlockchainK2 Corp. has announced that its RealBlocks subsidiary entered into a strategic partnership with Bosonic Securities LLC through a Memorandum of Understanding. This framework contemplates listing, trading, clearing, and settlement of tokenized assets by RealBlocks on Bosonic’s Alternative Trading System (ATS), using Bosonic’s technology and infrastructure. Bosonic Securities is described as a technology-driven full-service firm authorized by FINRA to operate a broker-dealer and an ATS for equity and debt securities, including digital asset securities.

According to the company, this partnership is intended to allow RealBlocks to provide regulatory-compliant tokenized assets for listing, trading, clearing, and settlement on Bosonic’s ATS and infrastructure. Public statements describe a focus on mitigating counterparty credit and settlement risk and enabling proprietary trading, clearing, and settlement without reliance on central counterparties or credit intermediation.

BlockchainK2 Corp. has also reported that RealBlocks entered into a partnership with SoHo Advisors Pte Ltd to help provide institutional distribution capabilities to climate-focused funds via the RealBlocks platform. The partnership is described as providing investors with access to climate funds, climate research, and education capabilities for portfolio construction, and as part of RealBlocks’ efforts to expand global distribution for fund managers.

Capital markets status and trading

BlockchainK2 Corp. has disclosed that its common shares trade on the TSX Venture Exchange, and that the company experienced a cease trade order from the British Columbia Securities Commission due to delays in filing certain financial statements. The company reported that the cease trade order was later revoked and that its shares were reinstated for trading on the TSX Venture Exchange following completion of required filings and a standard reinstatement review process.

The company has also reported working capital deficiencies and has discussed plans to complete private placements of common shares to improve its working capital position. In addition, BlockchainK2 Corp. has announced several debt settlement transactions involving the issuance of common shares to settle outstanding indebtedness, some of which involved related parties and were conducted under exemptions provided by Multilateral Instrument 61-101.

Corporate actions and ownership

Public disclosures from BlockchainK2 Corp. describe multiple proposed and completed debt settlements in which the company issued common shares to creditors, including related parties, to reduce outstanding indebtedness. These transactions were subject to TSX Venture Exchange approval and were conducted at specified share prices as disclosed in the company’s news releases.

The company has also disclosed that its chief executive officer has participated in investments in the company and has held a significant position in its common shares, warrants, and stock options. Early warning reports referenced in the company’s news releases provide additional detail on these holdings and changes in ownership percentages following certain transactions.

Business model summary

Based on its public statements, BlockchainK2 Corp.’s business model centers on:

• Providing equity investors with exposure to the cryptocurrency and blockchain sector through a listed company structure.
• Investing in and developing mining and infrastructure related to blockchain and digital assets, as described in its corporate overview.
• Owning and supporting RealBlocks, a Software Infrastructure-As-A-Service platform for alternative investments that uses blockchain and other technologies for tokenization, fund distribution, and operational automation.
• Pursuing partnerships with regulated financial firms and advisory groups to expand the reach and capabilities of its technology platforms.

All of these elements are drawn from the company’s own descriptions in its news releases and public communications.

FAQs about BlockchainK2 Corp. (BIDCF)

• What does BlockchainK2 Corp. do?
  According to its public disclosures, BlockchainK2 Corp. is working to build a bridge from the blockchain sector to traditional capital markets. It describes itself as a way for equity investors to gain exposure to the cryptocurrency market through investment in mining and infrastructure and proprietary SaaS blockchain solutions with industry partners.
• How is BlockchainK2 Corp. involved with RealBlocks?
  BlockchainK2 Corp. has announced an investment in Enverxergy Inc., known as RealBlocks, and has stated that it will acquire a majority interest in RealBlocks. RealBlocks is described as an alternative investments technology platform that bundles front and back-office capabilities for asset managers and intermediaries and operates a Software Infrastructure-As-A-Service platform.
• What is RealBlocks’ role in BlockchainK2 Corp.’s strategy?
  In company communications, RealBlocks is presented as a key financial technology asset for BlockchainK2 Corp. RealBlocks uses advanced technology and Web3 blockchain technology to support tokenization, alternative investments distribution, and operational automation, which aligns with BlockchainK2 Corp.’s focus on connecting blockchain technology with traditional capital markets.
• On which markets does BlockchainK2 Corp. trade?
  The company states that its shares trade on the TSX Venture Exchange under the symbol BITK, on the OTCQB market under the symbol BIDCF, and on the Frankfurt Stock Exchange under the symbol KRL2.
• How does BlockchainK2 Corp. describe its exposure to cryptocurrency?
  BlockchainK2 Corp. describes itself as one of the few pure play ways for stock market equity investors to get exposure to the cryptocurrency market through investment in mining and infrastructure and proprietary SaaS blockchain solutions with leading industry partners.
• What is tokenization in the context of BlockchainK2 Corp. and RealBlocks?
  In its news releases, the company explains that decentralized, open-source smart contract protocols enable tokenization of real-world assets, including equity and debt. This tokenization is described as limiting inter-party dependency, creating transparency, potentially reducing operational expenses, and allowing compliance requirements to be programmed into tokens via smart contracts.
• How does Generative AI fit into BlockchainK2 Corp.’s plans?
  BlockchainK2 Corp. has stated that it plans to incorporate Generative AI into the RealBlocks platform to further automate fully digital straight-through processing. The company has indicated that this includes assisting asset managers and investors in using alternative investments and applying Generative AI to processes such as KYC and AML.
• What partnerships has BlockchainK2 Corp. reported through RealBlocks?
  The company has announced a Memorandum of Understanding between RealBlocks and Bosonic Securities LLC for listing, trading, clearing, and settlement of tokenized assets on Bosonic’s Alternative Trading System. It has also reported a partnership between RealBlocks and SoHo Advisors Pte Ltd to provide institutional distribution capabilities to climate-focused funds via the RealBlocks platform.
• Has BlockchainK2 Corp. experienced any trading interruptions?
  According to a company news release, the British Columbia Securities Commission issued a cease trade order due to delays in filing certain financial statements. The company later reported that the cease trade order was revoked after the filings were completed and that its common shares were reinstated for trading on the TSX Venture Exchange following a standard reinstatement review.
• How has BlockchainK2 Corp. addressed its indebtedness?
  BlockchainK2 Corp. has disclosed several proposed and completed debt settlements in which it issued common shares to settle outstanding indebtedness, including amounts owed to related parties. These transactions were subject to TSX Venture Exchange approval and relied on exemptions under Multilateral Instrument 61-101, as described in the company’s news releases.