TenX Protocols Launches on TSX-V to Accelerate Blockchain Growth

TenX Protocols Inc. has officially commenced trading on the TSX Venture Exchange (TSX-V) under the ticker symbol TNX as of December 10, 2025. This milestone follows a successful fundraising effort that secured $29.9 million CAD through subscription receipt financings, contributing to a total capital raise exceeding $33 million CAD for the year. The company specializes in building staking solutions for emerging blockchain networks, positioning itself for significant growth in the evolving cryptocurrency landscape.

The financing included both brokered and non-brokered private placements, with subscription receipts priced at $0.75 CAD each. Noteworthy participants in this funding round include leading digital asset firms and institutional investors such as Borderless Capital, DeFi Technologies Inc., and HIVE Blockchain Technologies Ltd. The proceeds will be utilized to purchase tokens from high-throughput blockchain networks, enhancing TenX’s staking capabilities and expanding its blockchain infrastructure services.

Mat Cybula, Chief Executive Officer of TenX Protocols, expressed enthusiasm about the listing, stating, “By listing on the TSX-V, TenX marks a major milestone and affirms its position as a leading public blockchain infrastructure company.” He emphasized that this financing broadens the company’s participation and accelerates its strategy in staking, yield generation, and infrastructure development across the blockchain sector.

TenX’s focus on next-generation blockchain networks includes active participation in staking and validator operations, particularly for platforms like Solana, Sui, and Sei. As adoption of high-performance Layer-1 blockchains increases, TenX aims to scale its operations while maintaining institutional-grade standards in treasury management and infrastructure.

Frank Holmes, Chairman of HIVE Blockchain Technologies Ltd., noted the significance of this investment, remarking, “With this investment in TenX, we are backing an experienced team that shares our vision and can scale rapidly.” This collaboration underscores the firm belief in TenX’s potential to become a significant player in the global fintech and cryptocurrency ecosystem.

TenX provides investors with exposure to the growth of next-generation blockchain technologies, aiming to generate recurring revenue from the crypto asset economy. The company’s operations include staking infrastructure, cash flow generation from its crypto asset inventory, and a suite of advisory and development services tailored for high-throughput blockchain networks.

The founding team, including Mat Cybula and Filip Cybula, brings over a decade of experience in the cryptocurrency industry. They previously co-founded Cryptiv Inc., an institutional custodial wallet provider, which was successfully acquired in 2019. Alongside them is Geoff Byers, a seasoned blockchain developer with extensive experience in building secure crypto systems.

For more information about TenX Protocols, visit their official website at www.tenx.inc, or follow them on LinkedIn and Twitter for the latest updates.

This announcement contains forward-looking statements that reflect management’s beliefs and intentions. Readers are cautioned against placing undue reliance on these statements, as actual results may differ materially due to various risks and uncertainties. The TSX Venture Exchange and its Regulation Services Provider do not accept responsibility for the adequacy or accuracy of this release.

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