Vancouver, British Columbia, Nov. 17, 2025 (GLOBE NEWSWIRE) — Spirit Blockchain Capital Inc. (CSE: SPIR) (“Spirit” or the “Company”) is providing this corporate update to describe the Company’s current operating business and its execution of the business model and disclosures set out in the Company’s non-offering long form prospectus dated August 8, 2022 (the “Prospectus”). The Prospectus was filed to qualify Spirit as a reporting issuer in British Columbia and Ontario and in connection with the Company’s listing on the Canadian Securities Exchange (“CSE”).
Spirit is a Canadian public company that develops, operates, and commercializes blockchain-based financial and technology infrastructure. The Company’s activities focus on enabling regulated digital-asset participation, tokenization, and payments for institutions and other compliant market participants. Spirit’s operating pillars are:
* Licensing and Technology – Digital Asset / Tokenization Platform (SpiritLinQ)
Spirit is working on advancing the development and licensing of SpiritLinQ, a platform for the creation, issuance, lifecycle administration, and reporting of tokenized assets. Targeted capabilities include issuer/investor onboarding (KYC/KYB), primary issuance and settlement, corporate actions and distributions, role-based permissions with audit trails, connectivity to qualified custodians/market infrastructure, and investor/issuer reporting.
* Support of European Digital-Asset ETPs
Spirit provides strategic and infrastructure support to a European partner in Switzerland for digital-asset exchange-traded products (ETPs) that are listed in Europe (e.g., SIX Swiss Exchange and Deutsche Börse). Current products supported include Ethereum Yield+ and Solana Yield+. These are European-listed products; Spirit does not distribute these products in Canada, and they are not offered by Spirit to Canadian or U.S. investors. Spirit’s role relates to underlying digital-asset and infrastructure support consistent with its broader blockchain-infrastructure strategy.
* Strategic Operating Subsidiaries
Spirit holds and operates Canadian and international subsidiaries and business lines that complement and extend the Company’s infrastructure strategy (software/infrastructure operations, validator/transaction services, and treasury operations aligned to the platform). These are operating components of Spirit’s commercial strategy and are not held for passive investment purposes. Spirit is not operating as an “investment company” or an “investment fund” under Canadian securities laws.
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