ARKHIVE Technologies Ltd. announces that Anonymous Intelligence Company Inc. (CSE: ANON) has exercised its option to increase its ownership in ARKHIVE from 10% to 20%.
Under the supplemental agreement, ANON will acquire an additional 100,000 common shares of ARKHIVE. In consideration, ANON will issue 800,000 common shares to ARKHIVE at a deemed price of $0.25 per share, representing $200,000 in additional consideration.
The increased investment builds on ANON’s initial $200,000 investment and brings the total value of its strategic investment in ARKHIVE to $400,000.
“ANON’s decision to increase its ownership is a strong endorsement of what we are building and the relationship between our teams,” said Antoine Lavoie, Founder and CEO of ARKHIVE. “This expanded investment gives us greater alignment as we continue developing ARKHIVE and exploring new opportunities across AI, blockchain and tokenized assets.”
ARKHIVE and ANON intend to continue collaborating across technology development, blockchain infrastructure, cryptocurrency solutions and joint marketing initiatives. The ARKHIVE team will also contribute to the continued development of ANON’s cryptocurrency platform, Simplii Crypto.
The transaction remains subject to customary closing conditions, including approval from the Canadian Securities Exchange.
About ARKHIVE
ARKHIVE is a blockchain-based platform built to connect creators, businesses and investors through tokenized digital and real-world assets. Powered by the ARKV token, the platform provides tools for creating, managing, trading and investing in new forms of digital ownership and revenue-generating opportunities.