C2 Blockchain Inc. Announces Plan to Acquire 1,000,000 Cardano (ADA) Tokens as Part of Long-Term Digital Asset Strategy
C2 Blockchain Inc. Announces Plan to Acquire 1,000,000 Cardano (ADA) Tokens as Part of Long-Term Digital Asset Strategy
Company to allocate full proceeds to ADA as part of long-term treasury diversification strategy; follows updated investment policy and board approval process.
MIAMI BEACH, FL / ACCESS Newswire / May 27, 2025 / C2 Blockchain Inc. (OTC PINK:CBLO), a digital asset infrastructure company, today announced a strategic commitment to acquire 1,000,000 Cardano (ADA) tokens as a long-term addition to its corporate treasury. The acquisition aligns with the Company's broader objective of responsibly integrating decentralized technologies into its balance sheet and capital allocation strategy.
The Company expects to complete the acquisition in phases and may utilize various financing tools available to it, including debt or equity-linked instruments, in accordance with its board-approved treasury policy.
"Cardano represents one of the most advanced, decentralized, and scalable blockchain ecosystems in the market today," said Levi Jacobson, Chief Executive Officer of C2 Blockchain Inc. "This planned acquisition reflects our belief in the long-term potential of proof-of-stake networks and the important role they will play in shaping the next generation of decentralized infrastructure."
Rationale for Cardano (ADA)
Cardano is a third-generation, proof-of-stake blockchain platform known for its academic foundation, formal verification methods, energy efficiency, and decentralized governance. The Company views Cardano as a high-potential layer-one blockchain with long-term utility across digital identity, smart contracts, tokenization, and financial inclusion.
The targeted 1,000,000 ADA acquisition is intended to be held as a core treasury asset and may also be used to support staking operations, subject to applicable regulations and risk controls.
Governance and Custody
The Company's Board of Directors has approved an updated digital asset investment policy permitting the acquisition and custody of cryptocurrencies. This policy was reviewed by the Audit Committee and will be implemented in line with corporate governance best practices. ADA tokens acquired under this program will be held in secure, third-party institutional-grade custody.
Industry Context
C2 Blockchain's actions are aligned with a growing number of publicly traded companies integrating digital assets into their capital allocation strategies:
MicroStrategy Inc. (MSTR) has acquired more than 190,000 Bitcoin using proceeds from equity and debt offerings as part of a long-term treasury reserve strategy.
Tesla Inc. (TSLA) allocated $1.5 billion to Bitcoin in 2021 following an update to its corporate investment policy, and disclosed related risk factors in its 10-K.
Riot Platforms Inc. (RIOT) and Marathon Digital Holdings Inc. (MARA) regularly disclose cryptocurrency holdings and related treasury activity as part of their financial reporting.
C2 Blockchain's strategy differs in its emphasis on Cardano (ADA), which it believes represents a sustainable, scalable, and developer-friendly blockchain protocol suitable for enterprise adoption.
About C2 Blockchain Inc.
C2 Blockchain Inc. (OTC PINK: CBLO) is a blockchain infrastructure and crypto innovation company based in Miami Beach, Florida. Focused on mining operations, strategic digital asset holdings, and AI-powered platforms, the company aims to help usher in the future of decentralized finance through scalable, intelligent solutions.
For more information, visit: https://c2blockchain.com
Investor & Media Contact: [email protected]
Safe Harbor Statement
This press release contains statements that constitute forward-looking statements. These statements appear in a number of places in this press release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and operating strategy. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is included in the Company's filings on otcmarkets.com.
SOURCE: C2 Blockchain Inc
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