Blockchain
Graph Blockchain to Acquire Charity Focused NFT Company
Toronto, Ontario–(Newsfile Corp. – January 24, 2022) – Graph Blockchain Inc. (CSE: GBLC) (OTC Pink: REGRF) (FSE: RT5A) (“Graph“) or (the “Company“) is pleased to announce that the Company, has entered into a Share Exchange Agreement (the “Agreement”) in connection with the Acquisition (the “Acquisition”) of Niftable Inc. (“Niftable” or the “Target”).
Pursuant to the terms of the Agreement, Graph will acquire 100% of all issued and outstanding shares of Niftable, an arm’s length privately held company, established pursuant to the Business Corporations Act in Alberta.
About Niftable Inc.
Niftable’s core business is to connect charities and their artists to the NFT (non-fungible token) world. Niftable provides the expertise and execution of NFTs from creation of the NFT to the sale and post-sale of NFTs on behalf of their charity clients. Most charities rely on volunteers and lack expertise in the emerging NFT world and that is where Niftable fills that void.
Michael Yeung, Founder and President of Niftable, said, “This is an amazing partnership, as Graph provides expertise and resources, and Niftable provides a growth strategy with its focus on charities and the growing NFT world. There are over 170,000 charitable and nonprofit organizations in Canada. 85,000 of these are registered charities. The marketplace for growing this business represents a massive opportunity for Graph and its shareholders. We look forward to a very productive year as part of the Graph team.”
Paul Haber, CEO of Graph Blockchain, said, “We are very excited to enter this new area of NFTs. Charities have been hard hit by COVID and we believe the NFT space creates a great opportunity for charities to raise funds from not only their established donor base but to expand their reach into a whole new demographic, as NFT artists have not been shy about their backing for charitable causes or key social issues.”
Key Transaction Terms:
Significant terms include the following:
- The Company will acquire the Niftable Shares for an aggregate purchase price of CAD $2,600,000 (the “Purchase Price”). The Purchase Price shall be satisfied through the issuance of an aggregate of 52,000,000 Consideration Shares (the “Shares”) at deemed price of $0.05 per share of the Company.
- The Agreement includes customary representations, warranties, covenants, conditions and termination rights, and other customary information of Graph, and Niftable in accordance with the applicable corporate and securities legislation.
- The Board of Directors and shareholders of the Company, if necessary, approving the Agreement and the payment of the Purchase Price and the issuance of the Shares in exchange for the Target shares.
- Issuance of the Shares shall be subject to the receipt of regulatory approvals including, without limitation, the approval of the Canadian Securities Exchange (the “CSE”) and other conditions and will be subject to statutory hold periods under applicable securities legislation.
- As a result of the Acquisition, Niftable will become a wholly owned subsidiary of the Company.
- In addition, concurrent with the Acquisition, the Company has entered into an employment agreement with the Michael Yeung, Founder and President of Niftable.
About Graph Blockchain Inc.
Graph Blockchain provides shareholders with exposure to various areas of Decentralized Finance (DeFI). Focusing on altcoins through its wholly owned subsidiaries Babbage Mining Corp., a Proof of Stake (“POS”) miner, and Beyond the Moon Inc. an IDO focused company, Graph gives investors exposure to the vast emerging market of cryptocurrencies with the significant technological disruption and potential gains altcoins represent. In addition, through its investment in New World, Graph is providing its shareholders with exposure to the rapidly growing and emerging NFT market.
Additional information on the Company is available at www.graphblockchain.com, www.newworldinc.io and www.babbagemining.com
For further information, please contact:
Investor Relations
Jamie Hyland
Phone: 604.442.2425
Email: [email protected]
Media Relations
Joshua Greenwald / Kristin Cwalinski
Phone: 646.379.7971 / 603.475.3550
Email: [email protected]
Forward Looking Statements
This news release contains “forward-looking statements” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking statements, including statements relating to the completion of the Acquisition.
Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward- looking statements contained herein include, but are not limited to, statements regarding: the continued growth of the art-focused NFT market. Forward-looking information in this news release are based on certain assumptions and expected future events. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: failure to obtain regulatory approval for the Acquisition; failure to complete the Acquisition on proposed terms or at all; the potential inability of the Company to continue as a going concern; the potential inability of New World to continue as a going concern; the risks associated with the blockchain and NFT industry in general; increased competition in the art-focused NFT market; the potential future unviability of the NFT market in general, and the art-focused NFT market in specific. Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions, or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
The CSE does not accept responsibility for the adequacy or accuracy of this release.
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
###
Blockchain
Blocks & Headlines: Today in Blockchain – May 19, 2025 | DoubleZero, Toobit, Story Protocol, Marco Polo, Argo Blockchain
May 19, 2025 — As the blockchain industry surges into its next phase of maturity, today’s briefing spotlights five pivotal developments shaping the crypto ecosystem: the physical limits of the public internet, a major exchange’s European push, Hollywood’s bet on Web3, blockchain’s role in global trade finance, and the drive for sustainable mining. Together, these stories reflect an industry wrestling with infrastructure bottlenecks, forging new community models, and renewing its environmental and regulatory commitments. From fiber-optics rails to Hollywood IP tokenization, let’s unpack what matters today—and why it matters to you.
1. Breaking the Bandwidth Barrier: DoubleZero’s Quest for High-Speed Blockchain Rails
The Story: At Consensus 2025 in Toronto, DoubleZero co-founder and CEO Austin Federa warned that today’s public internet “was never built for high-performance systems,” creating a critical bottleneck for high-throughput blockchain networks. Unlike traditional client–server models, modern blockchains require validators to rapidly switch between heavy data consumption and mass broadcast, demanding both low latency and massive bandwidth. By building dedicated fiber-optic communication rails, DoubleZero aims to slash transaction latency, tighten DeFi spreads, and unlock new use cases once stymied by internet constraints. Founded in late 2024, the project raised $28 million and plans its public mainnet launch in H2 2025, following an April token sale open to validators from Solana, Celestia, Sui, Aptos, and Avalanche.
Analysis & Implications: Federa’s remarks signal a shift: the limiting factor for blockchain performance has moved off software and compute and onto physical infrastructure. As decentralized networks scale, the quality of global connectivity becomes paramount. For DeFi traders, faster rails could mean tighter arbitrage windows and lower slippage; for enterprise adopters, sub-second confirmations could finally rival traditional payment rails. Yet building and maintaining dedicated networks carries capital and regulatory burdens. Will blockchain projects partner with telecom giants or build private consortia? How will this influence the ongoing L2 vs. L1 scalability debate? As the blockchain space broadens into enterprise domains, physical network investments may become as strategic as protocol design.
Source: Cointelegraph
2. Toobit’s European Expansion: Platinum Sponsorship at Dutch Blockchain Week
The Story: On May 19, Toobit announced its role as Platinum Sponsor of Dutch Blockchain Week 2025 (May 19–25) and revealed plans to host a booth at the Dutch Blockchain Summit in Amsterdam on May 21–22. Coming off its Platinum role at Web3 Amsterdam earlier this year, the award-winning derivatives exchange seeks to deepen ties with Europe’s crypto community—showcasing trading solutions, exploring partnerships, and engaging physically with its user base.
Analysis & Implications: Sponsorship of marquee events like Dutch Blockchain Week underscores exchanges’ pivot toward community engagement and regional regulatory alignment. As the EU advances its Markets in Crypto-Assets (MiCA) framework, European crypto players face both opportunity and uncertainty. Toobit’s visible presence signals confidence in the continent’s evolving legal landscape—and the strategic importance of in-person dialogue. Beyond brand building, these events catalyze partnerships with custodians, DeFi projects, and institutional investors. For traders, this focus on local engagement could translate into tailored products—European stablecoins, localized fiat on-ramps, or region-specific compliance tools. Toobit is betting that boots on the ground matter as much as bits on the chain.
Source: GlobeNewswire
3. Hollywood Meets Web3: David Goyer’s “Emergence” Universe on Story Protocol
The Story: At Consensus’s Toronto conference, filmmaker David Goyer (Blade trilogy, The Dark Knight, Apple TV’s Foundation) unveiled Emergence, a sprawling sci-fi franchise built on his blockchain platform Incention and powered by Story Protocol. Leveraging a 2,500-page story bible and an AI “Atlas” agent, Goyer plans community-driven storytelling—fans co-create characters, up-vote submissions, and share licensing upside via on-chain smart contracts. Story Protocol, which has raised over $80 million from a16z, Hashed, and Endeavor, offers IP registration, royalty-sharing, and permissioned remixing, aiming to decentralize franchise building.
Analysis & Implications: Goyer’s venture epitomizes the emerging creator economy in Web3, where tokenized IP and community governance challenge Hollywood’s top-down model. By placing narrative rights and royalties on-chain, creators and fans potentially share in franchise upside—aligning incentives but also demanding robust smart-contract frameworks. Yet risks abound: quality control, legal enforceability of on-chain IP, and community moderation. Will traditional studios adapt or resist? And can emergent on-chain governance scale for billion-dollar franchises? As AI and blockchain converge, the entertainment industry faces disruptive opportunities—and headwinds—around ownership, monetization, and creative collaboration.
Source: CoinDesk
4. Beyond Letters of Credit: Blockchain’s Transformative Role in Digital Trade Finance
The Story: In a comprehensive overview, Global Trade Magazine highlights blockchain’s potential to overhaul international commerce by digitizing trade finance workflows. Traditional paper-based processes—letters of credit, bills of lading—are slow, error-prone, and fraud-susceptible. Blockchain introduces immutable, shared ledgers and smart contracts that automate payment releases (e.g., upon IoT-verified delivery), collapse settlement times from weeks to hours, and enhance KYC/AML compliance via permissioned networks. Platforms such as R3’s Marco Polo, the we.trade consortium, and IBM/Maersk’s TradeLens demonstrate real-world deployments. Looking ahead, AI, machine learning, and IoT integration will further streamline risk scoring and anomaly detection—but challenges around protocol interoperability, regulatory standardization, and legal enforceability remain.
Analysis & Implications: As global trade rebounds post-pandemic, inefficiencies in trade finance cost banks and businesses billions annually. Blockchain’s promise lies in single-source-of-truth data sharing—cutting reconciliation costs and unlocking capital. For DeFi projects eyeing institutional corridors, tokenized trade-finance instruments could represent multi-trillion-dollar on-chain markets. Yet widespread adoption hinges on multi-stakeholder collaboration—banks, customs agencies, insurers, and carriers—and on harmonized regulations. The next frontier: bridging public and private blockchains, ensuring data privacy while enabling transparency. For blockchain advocates, trade finance offers both a showcase and a stern test of real-world scalability.
Source: Global Trade Magazine
5. Argo Blockchain’s Green Mining Playbook for 2025
The Story: UK-based miner Argo Blockchain (LSE: ARB, NASDAQ: ARBK) continues to expand sustainable crypto-mining operations in 2025. Leveraging hydroelectric power in Quebec and deregulated energy in Texas, Argo mined 1,298 BTC in 2024 at 2.8 EH/s capacity. In March, it announced a $25 million credit facility to upgrade its Texas data center with next-gen ASICs—targeting a 20% hash-rate boost by Q3 2025. With 95% of Quebec power from renewables, Argo aims for 3.5 EH/s by 2026. Competitors Marathon Digital (29.8 EH/s) and Riot Platforms (22.5 EH/s) focus on vertical integration and energy arbitrage, but remain more reliant on fossil fuels. Facing Bitcoin’s price swings, halving pressure, and potential regulatory curbs, Argo’s public listing and green credentials position it to attract ESG-conscious investors.
Analysis & Implications: Crypto mining’s environmental impact remains a flashpoint. Argo’s renewable-first strategy offers a template for sustainable operations, but scaling green hashing sustainably—and profitably—poses capital and regulatory challenges. As governments scrutinize energy usage, mining hubs may shift toward regions with abundant renewables. The storage of zero-carbon electricity via mining rigs could even emerge as a grid-stabilization service. Yet profitability remains tightly coupled to Bitcoin’s price and block rewards. For institutional backers and ESG funds, companies like Argo may represent the safest crypto-mining bet. However, industry consolidation and hardware innovation cycles will determine who thrives in this high-stakes infrastructure race.
Source: Blockchain Magazine
Conclusion: Key Takeaways
-
Infrastructure Matters: With dedicated fiber-optics rails, projects like DoubleZero spotlight that blockchain scaling is as much about hardware as code.
-
Regional Engagement: Toobit’s European sponsorship underscores the ongoing importance of in-person community building amid evolving regulatory regimes.
-
Creator-Economy Revolution: David Goyer’s Emergence franchise illustrates Web3’s potential—and complexities—in democratizing IP creation and monetization.
-
Institutional Use Cases: Trade finance remains a prime arena for blockchain’s real-world impact, but adoption depends on interoperability and regulation.
-
Sustainability Imperative: Mining firms like Argo must balance growth, profitability, and environmental stewardship to appeal to both crypto purists and ESG investors.
As the blockchain and cryptocurrency landscape advances, these stories offer a snapshot of an ecosystem grappling with scale, regulation, community, and sustainability. Stay tuned for tomorrow’s briefing—where we’ll continue to track the innovations and challenges defining Web3’s evolution.
The post Blocks & Headlines: Today in Blockchain – May 19, 2025 | DoubleZero, Toobit, Story Protocol, Marco Polo, Argo Blockchain appeared first on News, Events, Advertising Options.
MANTRA
-
Blockchain Press Releases5 days agoFintica AI and Mima Wallet Announce Strategic Partnership and Launch Joint Venture, Fintica Crypto Ltd
-
Blockchain5 days agoBlocks & Headlines: Today in Blockchain – May 15, 2025 (BTC’s Push, Pi Network Fund, Stablecoin Levers, JPM Pilot, OKX × Man City)
-
Blockchain5 days agoBDM Digital Initiates Promising Dialogue with Stanford Law School in Pursuit of Strategic Partnerships in Silicon Valley
-
Blockchain5 days ago
Wen Acquisition Corp Announces the Pricing of $261,000,000 Initial Public Offering
-
Blockchain4 days ago
Mercurity Fintech’s Subsidiary Grows Cross-Border Business Advisory Services with New Asia-Pacific Healthcare Client Engagement
-
Blockchain4 days agoSaudi Arabia Loan Aggregator Market Report 2025: Retail Digital Payments Hit 70% as Tech Adoption Transforms Saudi Financial Services – Competition, Forecast & Opportunities to 2030
-
Blockchain Press Releases5 days agoHTX Hot Listings Week 6 May 2025: Top Gainer Up 521% as Bitcoin Breaks $100K Again
-
Blockchain4 days ago
Blocks & Headlines: Today in Blockchain – May 16, 2025
