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TAP Real Estate (RWAX) secures $700,000 perpetual blockchain tech license

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

TAP Real Estate Technologies, Inc. entered into an Amended and Restated License Agreement with TAP, Inc. on June 29, 2026, replacing its prior technology license that was due to expire June 30, 2026. The new agreement grants a perpetual, royalty-free license for TAP’s token engine, blockchain registry, wallet and related technology for use in the real estate sector, exclusive as to third parties while allowing TAP to continue using the technology itself in that sector.

The Company agreed to pay $700,000 for this license, of which $695,000 has already been paid. The remaining $5,000 is due on or before September 30, 2026, after which the license becomes fully paid up.

Positive

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Negative

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Insights

Company locks in perpetual, royalty-free access to core blockchain tech for a fixed fee.

TAP Real Estate Technologies, Inc. has converted a time-limited technology license into a perpetual, royalty-free arrangement for its token engine, blockchain registry, wallet and related tools in real estate. This removes renewal uncertainty around technology that appears central to its business model.

The total license consideration is $700,000, with $695,000 already paid and only $5,000 due by September 30, 2026. Because fees are fixed and ongoing royalties are eliminated, economics now depend mainly on how effectively the company commercializes these tools within real estate rather than on variable licensing costs.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
License fee $700,000 Total consideration for Amended and Restated License Agreement
Amount already paid $695,000 Portion of license fee already paid to TAP, Inc.
Remaining payment $5,000 Balance due on or before September 30, 2026
Original license expiry June 30, 2026 End date of prior License Agreement
Amended agreement date June 29, 2026 Date of Amended and Restated License Agreement
Material Definitive Agreement regulatory
"Item 1.01 Entry into a Material Definitive Agreement."
A material definitive agreement is a legally binding contract that creates major, long‑term obligations or rights for a company, such as loans, asset sales, mergers, or supplier deals. Think of it like a mortgage or lease for a business: it can change future cash flow, risk and control, so investors watch these agreements closely because they can materially affect a company’s value, financial health and stock price.
Amended and Restated License Agreement regulatory
"On June 29, 2026, the Company and TAP entered into an Amended and Restated License Agreement"
perpetual license financial
"The Amended and Restated License Agreement is a perpetual license and supersedes and replaces the original License Agreement."
A perpetual license is a type of agreement that allows someone to use a product or software indefinitely after paying a one-time fee. Unlike subscriptions that require ongoing payments, a perpetual license grants long-term access, similar to purchasing a book that you can keep and use forever. This matters to investors because it can impact a company's revenue stability and how it values its assets.
royalty free financial
"The license is royalty free and, upon payment of the remaining $5,000, fully paid up."
blockchain registry technical
"the right to use all of TAP’s token engine, blockchain registry, wallet and other related technology"
A blockchain registry is a digital ledger that records and secures entries—like ownership, certifications, or transaction records—using a distributed network so entries are hard to alter or erase. For investors this matters because it can increase trust and speed in verifying who owns an asset or whether a document is genuine; think of it as a tamper-resistant public notary that can reduce fraud, cut paperwork and lower costs, though its value depends on adoption and legal recognition.
token engine technical
"the right to use all of TAP’s token engine, blockchain registry, wallet and other related technology"
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FAQ

What agreement did TAP Real Estate Technologies (RWAX) enter into on June 29, 2026?

TAP Real Estate Technologies entered into an Amended and Restated License Agreement with TAP, Inc., granting a perpetual license to use TAP’s token engine, blockchain registry, wallet and related technology in the real estate sector on specified terms.

How much is TAP Real Estate Technologies (RWAX) paying for the new technology license?

The company agreed to pay a total of $700,000 for the Amended and Restated License Agreement. Of this amount, $695,000 has already been paid, with the remaining $5,000 due on or before September 30, 2026 to fully satisfy the obligation.

Is the TAP Real Estate Technologies (RWAX) license with TAP, Inc. royalty-bearing?

The amended license is royalty free. Once TAP Real Estate Technologies pays the remaining $5,000 of the $700,000 license fee, the perpetual license for using TAP, Inc.’s blockchain-related technology in real estate will be fully paid up, with no ongoing royalty obligations.

What technology does TAP Real Estate Technologies (RWAX) gain under the amended license?

The company licenses all of TAP, Inc.’s token engine, blockchain registry, wallet and other related technology for use in the real estate sector. This rights package is exclusive as to third parties in that sector, though TAP, Inc. retains the ability to use the same technology itself.

What was the term of TAP Real Estate Technologies’ prior license with TAP, Inc.?

The original License Agreement between TAP Real Estate Technologies and TAP, Inc., entered into on December 30, 2025, was set to expire on June 30, 2026. The new Amended and Restated License Agreement replaces that expiring arrangement with a perpetual license on revised terms.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 29, 2026

 

TAP Real Estate Technologies, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   000-31267   27-1296318
(State or other jurisdiction   (Commission   (IRS Employer
of incorporation)   File Number)   Identification No.)

 

101 W. Broadway    
Suite 1450    
San Diego, CA   92101
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (786) 738-9012

 

 

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.00001   RWAX   OTCID

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On December 30, 2025, TAP Real Estate Technologies, Inc. (the “Company”) entered into a License Agreement with TAP, Inc. (“TAP”) to license certain technology from TAP. The License Agreement was set to expire on June 30, 2026. On June 29, 2026, the Company and TAP entered into an Amended and Restated License Agreement (the “Amended and Restated License Agreement”). The Amended and Restated License Agreement is a perpetual license and supersedes and replaces the original License Agreement.

 

Pursuant to the terms of the Amended and Restated License Agreement, the Company licensed from TAP the right to use all of TAP’s token engine, blockchain registry, wallet and other related technology in the real estate sector, exclusive as to third parties (TAP retains the right to use the technology in the real estate sector itself). The Company agreed to pay TAP $700,000 for the license, of which $695,000 has already been paid. The remaining $5,000 is due on or before September 30, 2026. The license is royalty free and, upon payment of the remaining $5,000, fully paid up.

 

The foregoing description of the Amended and Restated License Agreement does not purport to be complete and is qualified in its entirety by reference to the Amended and Restated License Agreement which is filed as Exhibit 10.1 to this Current Report on Form 8-K.

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibits    
     
10.1   Amended and Restated License Agreement dated June 29, 2026, between the Company and TAP, Inc.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

Date: July 2, 2026 TAP Real Estate Technologies, Inc.
     
  By: /s/ Gregory Hopkins
    Gregory Hopkins, CEO

 

 

Filing Exhibits & Attachments

4 documents