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DelphX Capital Markets Inc. and Belgravia Hartford Capital Inc. Announce Non-Binding Letter of Intent for First Quantem Crypto Security Transaction, and DelphX Announces CFO Transition and Grant of Options
Toronto, Ontario--(Newsfile Corp. - December 29, 2025) - DelphX Capital Markets Inc. (TSXV:...
About this update from Delphx Capital Markets, Inc.
[{"type":"text","content":"DelphX Capital Markets Inc. and Belgravia Hartford Capital Inc. Announce Non-Binding Letter of Intent for First Quantem Crypto Security Transaction, and DelphX Announces CFO Transition and Grant of OptionsToronto, Ontario--(Newsfile Corp. - December 29, 2025) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) (the \"Company\" or \"DelphX\"), a leader in the development of new classes of structured financial products, is pleased to announce that it has entered into a non-binding letter of intent (the \"LOI\") with Belgravia Hartford Capital Inc. (\"Belgravia\") relating to the first anticipated commercial transaction of DelphX's Quantem Crypto Security (\"QCS\"), to provide an update on the continued advancement of the QCS platform, and to announce a transition in the Company's Chief Financial Officer role and the grant of stock options.Non-Binding LOI with Belgravia Hartford Capital Inc.Pursuant to the LOI, the parties intend to collaborate on the execution of the first commercial QCS transaction, under which Belgravia is expected to become the first corporate purchaser of a QCS collateralized put option, designed to protect and preserve corporate Bitcoin treasury holdings. The proposed transaction remains subject to the negotiation and execution of definitive documentation, regulatory approvals, market conditions, and other customary closing conditions. There can be no assurance that the transaction contemplated by the LOI will be completed.In connection with the anticipated launch of QCS, Belgravia is expected to provide advisory and structuring support to DelphX, including assistance with program documentation, compliance processes, and onboarding coordination with the designated placement agent. The LOI is non-binding, except for customary confidentiality, regulatory compliance, and public disclosure provisions, and may be terminated by either party at any time.Chief Financial Officer TransitionThe Company also announces that Bill Hahn will be departing from his role as Chief Financial Officer to pursue another opportunity. DelphX would like to thank Mr. Hahn for his excellent service and contributions to the Company and wishes him continued success in his future endeavors.DelphX further announces that it is pleased to welcome back Mr. Simon Selkrig, who has previously served as the Company's Chief Financial Officer, ...