Vancouver, BC, March 07, 2025 (Globe Newswire) – Spirit Blockchain Capital Inc. (“Spirit”) (CSE: Spir), a Canadian company offering a diversified exhibition for blockchain and digital assets, is pleased to announce an extended strategic partnership with Astralane, a company of the head of the infrastructure of the Audace Labs, an infrastructure company, audacity. This collaboration takes advantage of the Institutional quality ignition infrastructure of Atralane to provide decentralized financial yields (DEFI) of Solana on traditional financial markets, with plans to develop the soil index marked in a exchange product (FTE).
This partnership represents an important step in the full multi-chain strategy of Spirit, which already includes positions established in the Dogecone and EOS ecosystems. By expanding its blockchain wallet on these various networks, Spirit aims to create a robust proxy to cryptographic assets which offers an exhibition to institutional and detail investors to the entire range of blockchain innovation.
The marked soil index aims to exploit the validator of Astralane, Dogo, a robust clearing infrastructure managing millions of assets and offering up to 11% annual percentage (APY). This initiative underlines the role of Astralane as a confidence infrastructure partner, with the aim of providing investors with a passive and passive exhibition in Solana while maximizing yields thanks to ignition rewards.
As part of this commitment to advance the native financial solutions of blockchain, Audace Labs has invested in the last financing round of Spirit Blockchain Capital. This support more validates Spirit’s approach to fill the web3 and institutional finance, strengthening its position in the landscape of evolving digital assets.
At the center of this partnership, Jaskanwar Singh, co-founder of Astralane and serial entrepreneur, will join the Advisory Council of Spirit Blockchain Capital. The Astralane technical foundation, co -constructed by Sujith Sizon – a driving force behind its infrastructure architecture – positions the company as a key facilitator of blockchain solutions of institutional quality. With an experience in building and scaling blockchain infrastructure, especially for Solana, Jaskanwar provides in -depth expertise in industry and a strategic overview of Spirit’s expansion efforts. He is also a member of Superteam Canada, a chapter of the World Superteam network dedicated to the growth of the Solana ecosystem thanks to collaboration, bonuses and events.
This membership also underlines its commitment to advance cryptographic innovation. In its advisory role, Jaskanwar will improve the Marketing and Spirit brand strategy, will establish strategic partnerships with blockchain foundations and facilitate introductions to investors for ETFs and seed indexes, emphasizing multi-chaînes opportunities covering Solana, Doge and EOS networks.
Key factory facts of the partnership:
●Launch of the marked ground index / FTE: A pioneering product offering a passive exhibition in Solana with up to 11% APY via Dogo Validator d’Astralane, supplementing the existing offers of Dogecoin and EOS of Spirit.
●Complete treasury management solution: The integration of Solana, Dogecoin and EOS assets creates a diversified cryptographic cash solution for customers of companies looking for an exhibition at Blockchain.
●Institutional quality standards: Designed for reliability, safety, liquidity and compliance to meet the professional needs of investors on several blockchain networks.
●Consultative leadership: Jaskanwar Singh, Astralane co-founder and standard technology entrepreneur, joins Spirit to stimulate marketing and partnerships through blockchain ecosystems.
●Development of the tokenization platform: Installation of foundations for a complete tokenization platform which will allow traditional assets to take advantage of the efficiency of the blockchain.
●Future growth: Plans to explore additional additional digital asset solutions through blockchain ecosystems, including expanded offers in Doge and EOS communities.
Future growth and industry impact
The marked ground index marks the next phase of the multi-chaînes expansion strategy of Spirit, with the mind and the astralane targeting the global expansion starting in Europe as regulatory frameworks ripen.
“This partnership is a step forward transformer in our vision to become the main digital asset supplier for exposure to crypto assets,” said Lewis Bateman, CEO of Spirit Blockchain Capital. “With Jaskanwar leadership in the validator infrastructure and multi-chaînes challenge strategies, we build a resilient framework for exposure to digital assets, implementation and liquidity management. The marked soil index, alongside our established treasure management initiatives.”
Jaskanwar Singh added: “Spirit’s vision to reject the web3 and traditional finance through several channels aligns perfectly with Astralane’s mission to provide leading blockchain solutions.
With Jaskanwar’s in -depth expertise in the validators’ infrastructure and decentralized finance (DEFI), Spirit wins a key industry leader who has actively contributed to the Solana validator ecosystem and ignition architecture. Its involvement in Superteam Canada further strengthens its ability to promote relations with key blockchain and liquidity partners, improving the world positioning of Spirit in the adoption of institutional quality blockchain.
This alliance also highlights the boom of Canada as a global hub for blockchain innovation, strengthening the role of the mind and astralane in conducting treasure management solutions compatible with blockchain.
Institutional quality management and tokenization
Spirit Blockchain Capital undertakes to develop a new generation multi-chain treasury management framework. This partnership strengthens the role of Spirit as a catalyst for native financial instruments of blockchain, designed for institutional adoption. As regulatory developments accelerate, as the White House’s decision to explore a crypto reserve – the demand for return solutions in institutional crypto continues to grow.
At the heart of this initiative, Mr. Singh will direct the strategy of institutional commitment to the digital asset currency of Spirit, taking advantage of his network in the web3 space. In addition, its experience in scaling Validateurs infrastructure will help optimize stimulation solutions adapted to institutional investors.
In consideration for the services provided under the consulting agreement, the company pays $ 50,000 per year for the services rendered. Subject to the approval of the Board of Directors and compliance with the applicable laws on securities and scholarship policies, the company will also issue shares on carrying out performance milestones, as indicated in the agreement. Any issuing securities under this Agreement, if necessary, is subject to the approval of the Canadian Securities Stock Exchange and a conservation period of four months and a day from the date of issuance, in accordance with the regulations applicable on securities.
About Spirit Blockchain Capital Inc.
Spirit Blockchain Capital Inc. is an investment company Blockchain focused on access to growth opportunities compatible with blockchain thanks to a diversified approach. Spirit works with a commitment to transparency, innovation and the creation of long -term value.
For more information on Spirit Blockchain Capital, visit: www.spiritblockchain.com.
About Astralane
Astralane, an audacity company Labs, provides an institutional quality web3 infrastructure for high frequency merchants, market manufacturers and AI / ml developers. Co-founded by Sujith Sizon and Jaskanwar Singh, Astralane specializes in Solana high-speed indexing, low-latency transactions and staking solutions, empowering institutional developers and investors to maximize blockchain efficiency. Visit www.astralane.io For more details.
Media contact:
Lewis Bateman
General manager
Spirit Blockchain Capital Inc.
E-mail: lewis@spiritblockchain.com
Phone: +1 416 456-3373
Jaskanwar Singh
Co-founder
Astralane
E-mail: jas@audacelabs.com
Prospective declarations
This press release contains prospective declarations and prospective information within the meaning of applicable securities laws. The use of one of the words “wait”, “anticipated”, “continue”, “estimate”, “objective”, “May”, “will”, “project”, “should”, “believe”, “plans”, “hears” and similar expressions are intended to identify information or declarations with advanced air. Declarations in the future in this press release include declarations concerning the expected advantages of the appointment of Mr. Singh, the planned completion of the transaction of shares for services, the amount provided for in adjustment in accordance with the shares of the services transaction for the services and the expectations of the company that the Canadian Stock Exchange SECURITIES will not oppose the transaction of services for services. Prospective declarations and information is based on certain key expectations and hypotheses made by the company. Although the company considers that the expectations and hypotheses on which these prospective declarations and information is based is reasonable, an undue dependence should not be placed on declarations and prospective information, because the company cannot give any assurance that they will prove to be correct. Since prospective declarations and information processes future events and conditions, by their nature, they involve inherent risks and uncertainties. Real results could differently delay those currently provided for due to a number of factors and risks. The factors that could significantly affect this prospective information is described under the “Risk factors” section in the long -term prospectus of the company dated August 8, 2022, which is available on the company’s profile on SEDAR on www.sedar.com. The company did not practice any obligation to update prospective information, except according to the needs of the applicable law. This prospective information represents the best judgment of managments according to the information currently available. No prospective declaration can be guaranteed and real real results may vary considerably. Consequently, readers are advised not to rely excessively with regard to prospective declarations or information.
The CSE has not examined, approved or disapproved of the content of this press release.
