TenX Protocols is raising funds to scale its institutional-grade staking infrastructure and treasury management across multiple networks, with a focus on Solana, Sui, and Sei to broaden participation in crypto staking.

The raised capital will be used to acquire and stake tokens on top-tier networks and to invest in TenX’s own infrastructure and services, growing assets under management and strengthening network security and decentralization.

The financing aims to transform staking services into tradable public equity, bridging the digital asset ecosystem with traditional markets and increasing accessibility for professional investors.

The release includes a forward-looking disclaimer about regulatory developments, DeFi adoption, asset price volatility, and other uncertainties, noting that details of the TSX listing and partnerships depend on securities regulations.

This listing follows a roughly CAD 23 million fundraising round and signals growing mainstream financial interest in crypto infrastructure.

The move is positioned as boosting robustness, accessibility, and accountability in the crypto ecosystem by providing regulated access to staking through public markets.

Alex Tapscott, advising TenX, highlighted Canada’s role in linking crypto with broader investor access via public markets.

DeFi Technologies describes itself as a Nasdaq-listed fintech linking traditional capital markets and DeFi, with an ecosystem that includes Valour, Stillman Digital, Reflexivity Research, Neuronomics, and DeFi Alpha.

The ecosystem components—Valour, Stillman Digital, Reflexivity Research, Neuronomics, and DeFi Alpha—underscore DeFi Technologies’ broader digital asset platform.

TenX completed a go-public transaction with total 2025 financing exceeding CAD 33 million, backed by investors such as Borderless Capital, HIVE Blockchain Technologies, Chorus One, and DeFi Technologies.

Investors include Chorus One, Borderless Capital, BONK Contributors, DeFi Technologies, and HIVE Digital Technologies, with a March seed round of CAD 3.5 million contributing to the overall raise.

Subscription receipts convert into shares upon closing the listing, providing pre-closing funding for the listing process.