Pineapple Express Cannabis Company (OTCID: PNXP), dba C2C Loans, today announced the launch of FORGE DT22™, a proprietary debt tokenization framework that converts illiquid Micro-Cap convertible promissory notes into fractionalized, risk-rated, yield-bearing digital tokens on the Solana blockchain — creating an entirely new asset class at the intersection of traditional debt markets and decentralized finance.
The world's largest financial institutions are racing to digitize real-world assets.
Yet one massive asset class has been left behind: Micro-Cap corporate debt.
Hundreds of millions of dollars in convertible promissory notes sit frozen across Micro-Cap markets today. The debt holders cannot convert profitably because the underlying stocks lack trading volume. They cannot sell the notes because there is no secondary market for private debt instruments. They cannot collect because the borrowing companies lack the cash to repay.
These are legally enforceable claims representing real money — trapped in a market with no infrastructure, no standardization, and no liquidity. Until now.
FORGE DT22 is the first standardized framework for acquiring, rating, tokenizing, and trading Micro-Cap convertible debt.
Fractionalized, risk-rated, yield-bearing Micro-Cap corporate debt tokens with quarterly distributions, on-chain credit ratings, and DAO governance. No platform currently offers this.
The crypto-backed lending market focuses exclusively on cryptocurrency collateral. NFT lending serves digital collectibles. RWA platforms like Centrifuge and Maple Finance focus on private credit and institutional loans. None of them touch Micro-Cap convertible debt — the most inefficient and illiquid corner of the capital markets.
FORGE DT22 brings the same digitization wave that transformed treasury bonds, real estate, and institutional credit into the market that needs it most.
FORGE DT22 was designed with the lessons of the 2022–2023 crypto lending failures embedded in every layer.
Solana SPL Token-2022 Programmable transfer hooks enforcing accredited investor whitelists, leak-out restrictions, and airdrop proration
Empire Stock Transfer Institutional-grade custodial partnership for note custody
DAO Governance 66.7% supermajority voting — no single party controls freeze, burn, or repayment decisions
Zero Rehypothecation C2C never lends, pledges, or encumbers custodied assets
On-Chain Proof-of-Reserves Real-time transparency on every debt position
UCC Article 12 Compliance Controllable electronic records and take-free transfer protections
Pineapple Express Cannabis Company, dba Crypto2Cash Loans (ticker: $PNXP), is developing a multi-asset digital lending platform scheduled to launch in February 2026. The company is positioning itself as the first unified platform to bridge traditional pawn services with blockchain technology, accepting cryptocurrency, NFTs, and tokenized real-world assets as collateral.
By offering cross-collateralization capabilities and institutional-grade security with radical operational transparency, Crypto2Cash Loans aims to capture significant market share in the rapidly expanding digital asset lending industry.
The company operates three integrated business lines: digital pawn lending, corporate Bitcoin treasury strategy, and FORGE DT22™ — a proprietary Micro-Cap debt tokenization framework that acquires illiquid convertible promissory notes and transforms them into fractionalized, risk-rated, yield-bearing digital tokens on the Solana blockchain.
FORGE DT22 features the first standardized credit rating system for Micro-Cap convertible debt (DT-AAA through DT-D), DAO governance with 66.7% supermajority voting, institutional custody through Empire Stock Transfer, quarterly airdrop distributions, and secondary market liquidity through Raydium decentralized exchange — simultaneously providing debt holders with immediate liquidity, token buyers with risk-rated yield, and public company shareholders with permanent protection from toxic convertible note dilution.
This document may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect management's current expectations, assumptions, and projections about future events or financial performance and are not guarantees of future results. Forward-looking statements are inherently subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Statements containing words like "believe," "anticipate," "endeavor," "estimate," "expect," "project," "intend," or similar expressions identify these forward-looking statements. Specifically, statements regarding future growth, market adoption of Crypto 2 Cash platform, regulatory developments, technological advancements, and financial performance in the cannabis and cryptocurrency industries are subject to these risks and uncertainties.
Digital assets including cryptocurrencies, NFTs, and tokenized real-world assets are highly volatile and speculative. Values may fluctuate significantly, and you may lose some or all of your principal. Regulatory frameworks are evolving and may impact asset values or service availability. Our platform utilizes blockchain technology and smart contracts, which carry inherent technical risks. This is not financial, investment, legal, or tax advice. Only invest what you can afford to lose. Services may not be available in all jurisdictions. Past performance does not guarantee future results. By engaging with Crypto 2 Cash Loans, you acknowledge and accept these risks.