Matador Technologies Provides Corporate Update Ahead of Digital Asset Platform

Key Highlights

• Digital Asset Platform Introduction: Matador is preparing to launch its Digital Asset Platform, enabling the inscription of digital art onto physical gold. The platform integrates precious metals-based art with blockchain infrastructure using Bitcoin Ordinals, a protocol built on the Bitcoin Network.
• “Grammies” – Digital Gold Collectibles: The first product, “Grammies,” consists of 1-gram gold units with digital inscriptions recorded on Bitcoin. These units are tradable and transferable via Ordinals-compatible Bitcoin wallets and can be converted into physical gold-based artwork.
• Timing and Market Context: Gold has recently exceeded ~USD$3,400/oz, providing a favorable environment for the Digital Gold Product launch, particularly as investors explore alternative stores of value amid global macroeconomic uncertainty.
• Team and Infrastructure Updates: To support product development, Matador appointed Antoine De Vuyst as CTO and “dxxmsdxy” as Lead Designer. Bitcoin custody is managed by BitGo, and physical gold is stored at the Royal Canadian Mint.
• Ongoing Strategy: In addition to the gold product, Matador intends to expand to other precious metals. The Company holds 64 BTC (including equivalents) and 2 kg of gold as part of its broader treasury strategy.

TORONTO, April 22, 2025 (GLOBE NEWSWIRE) — Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA, OTCQB: MTDTF), a Bitcoin Ecosystem company, is providing a corporate update as it moves toward the launch of its Digital Asset Platform, beginning with a gold-based product on the Bitcoin network, with an anticipated launch in the next couple of months. Over the past quarter, the Company has made progress in product development, treasury allocation, team expansion, and market engagement.

Digital Asset Platform and Product Update

The Company’s upcoming launch features “Grammies,” 1-gram units of physical gold linked to digital inscriptions using Bitcoin Ordinals. Users will be able to:

• View Grammies in a personalized dashboard
• Buy and sell in a secure trading environment
• Transfer Grammies to Ordinals-compatible Bitcoin wallets
• Print Grammies into physical gold artwork

The launch coincides with a period of strong gold pricing—recently surpassing USD$3,400 per ounce (sourced from Reuters) —and increased interest in physical-digital asset convergence.

“Gold has always been a store of value and we believe Bitcoin is the future of value transfer. Matador is where the two converge,” said Mark Moss, Chief Visionary Officer of Matador Technologies.

In a press release issued on March 31, 2025, the Company appointed Antoine De Vuyst (CTO) and the pseudonymous artist “dxxmsdxy” (Lead Designer), both with experience in Bitcoin and Ordinals-related development. This team expansion aims to support secure and user-focused platform delivery.

Matador expects the Grammies product to be the first of multiple offerings centered on precious metals and digital inscription. Silver and other metals are under consideration for future phases.

Treasury and Capital Strategy

As part of its asset diversification approach, Matador has continued to accumulate Bitcoin and physical gold. Since January 2025, the Company has added over 40 Bitcoin, bringing total holdings to roughly 64 BTC and BTC-equivalents. These purchases were funded with available cash.

The Company also holds 2 kilograms of physical gold, acquired via Kitco Metals Inc, as announced in a press release issued on January 24, 2025. Matador remains debt-free.

Custody and Market Access

As announced in a press release issued on February 10, 2025, for custody of its Bitcoin, Matador has engaged BitGo Trust Company, which provides cold storage and multi-signature protection. Gold is held at the Royal Canadian Mint in Ottawa.

To support market liquidity and visibility, Matador retained Independent Trading Group Inc. (ITG) as a market maker on the TSX Venture Exchange which was announced in a press release dated January 8, 2025. On March 18, 2025 the Company announced it listed on the OTCQB under the symbol MTDTF, broadening access to U.S.-based investors.

Industry Engagement

As indicated in a press release issued February 18, 2025, Matador participated in several recent industry events aimed at strengthening relationships with investors, partners, and other stakeholders, including:

• Max & Stacy’s Bitcoin Golf Invitational (El Salvador)
• The Inaugural Crypto Ball (Washington, D.C.)
• AlphaNorth Capital Events (Bahamas and Whistler, Canada)
• Centurion One’s Growth Conference (Toronto)
• PDAC 2025 (Toronto)

These engagements provided perspective on evolving market trends and helped reinforce Matador’s role within the Bitcoin, gold, and blockchain ecosystems.

Looking Ahead

Matador continues to advance its goal of developing a platform that combines real-world assets with blockchain utility. Supported by a clean balance sheet, growing team, and product focus, the Company is positioning itself at the intersection of traditional and digital finance.

“We’ve made steady progress this quarter,” said Deven Soni, CEO of Matador Technologies. “We’re continuing to build the foundation needed to support the rollout of our Digital Gold Product and broader asset digitization strategy.”

For additional information, please contact:

Media Contact:
Sunny Ray
President
Email: sunny@matador.network

Phone: 647-932-2668

About Matador Technologies Inc.
Matador Technologies Inc. leverages blockchain technology to digitize assets like gold. Focused on building innovative financial solutions, Matador is at the forefront of integrating blockchain technology to preserve and grow value. Matador’s digital gold platform aims to democratize the gold buying experience, combining the best of modern technology and time-proven assets, to create a platform that will allow users to buy, sell, and store gold 24/7 in a convenient and engaging way.

Cautionary Statement Regarding Forward-Looking Information

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, including risks associated with the implementation of the Company’s treasury management strategy and the launch of its mobile application as currently proposed or at all. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including with respect to the potential acquisition of Bitcoin and/or US dollars, the pricing of such acquisitions and the timing of future operations. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.