Skip to main content

DelphX Provides Strategic Update on Bitcoin Initiative and Institutional Financing Progress

Toronto, Canada, March 24, 2026 (GLOBE NEWSWIRE) — DelphX Capital Markets Inc. (“DelphX” or the “Company”) (TSXV: DELX) (OTCQB: DLPXF) is pleased to provide an update on the advancement of its previously announced Bitcoin treasury strategy and related institutional financing initiatives.

The Company confirms that it is currently in final stage discussions with a leading global digital asset lender—recognized as one of the most active and established credit providers in the cryptocurrency sector—regarding a senior secured lending facility to support the initial phase of its Bitcoin treasury program. This facility is expected to form the foundational layer of capital for the strategy, subject to completion of customary compliance and credit review processes.

In parallel, DelphX is actively engaging with institutional investors, investment banks and broker-dealers to structure and place a convertible debenture offering intended to complement the senior facility. This dual-layer capital approach is designed to optimize cost of capital while minimizing dilution and preserving long-term shareholder value.

The Company anticipates initiating the strategy with an initial capital deployment target of approximately USD $50 million, to be deployed through a structured, rules-based monthly tranche acquisition program. This systematic approach is intended to provide consistent market exposure while mitigating timing risk and reducing reliance on discretionary trading decisions. In conjunction with this, DelphX is working toward the placement of approximately USD $18 million in convertible debentures as part of the broader capital structure supporting the strategy. These amounts reflect current expectations and remain subject to market conditions, investor participation, and completion of financing processes.

DelphX believes its approach represents a differentiated evolution from conventional digital asset treasury (“DAT”) models, which have largely relied on equity issuance, dilution-heavy structures, or unhedged exposure to Bitcoin price volatility. The Company’s strategy is designed to integrate disciplined risk management, institutional-grade credit, and capital markets structuring into its treasury framework.

A key component of this differentiation is the intended incorporation of DelphX’s proprietary Quantem Collateralized Securities (“QCS”) platform into its treasury operations. By embedding QCS within its own balance sheet strategy, the Company aims to demonstrate the real-world application of its technology—enabling structured exposure to Bitcoin with defined risk parameters and potential yield enhancement. Management believes this positions DelphX uniquely at the intersection of blockchain innovation, structured products, and institutional finance.

In addition, the Company notes that recent widening in corporate credit spreads, particularly within high-yield markets, has led to renewed market engagement with its Credit Rating Security (“CRS”) product. DelphX is currently in discussions with market participants regarding potential applications and will continue to provide updates as these efforts progress toward potential sales activity.

“This strategy is a natural extension of DelphX’s longstanding focus on blockchain-based financial innovation,” said Patrick Wood, CEO of DelphX. “We are not simply accumulating Bitcoin; we are building a structured, risk-managed treasury model that reflects the standards of institutional capital markets while showcasing the capabilities of our proprietary technology.”

The Company will provide further updates as discussions progress and key milestones are achieved.

About DelphX Capital Markets Inc.

DelphX Capital Markets Inc. is a financial technology company focused on the development of innovative structured products and blockchain-based solutions for institutional and retail markets. Through its proprietary platform, the Company enables the creation of securities designed to enhance yield and manage risk.

For more information about DelphX, please visit www.delphx.com

George Wentworth, General Manager
DelphX Capital Markets Inc.
george.wentworth@delphx.com
(718) 509-2160

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.