OCTOBER 2, 2025
DYNAMITE BLOCKCHAIN TO TAKE
A STRATEGIC POSITION IN KASYA
DYNAMITE TO EXPAND ITS DIGITAL ASSETS HOLDINGS WITH A STRATEGIC ACQUISITION OF A KASPA-FOCUSED TOKEN
Vancouver, B.C., October 2, 2025 – Dynamite Blockchain Corp. (the “Company” or “Dynamite”) (CSE: KAS) (OTC: CRYBF) (FRA: EVB) is pleased to announce that it has entered into an asset purchase agreement (the “Agreement”), dated October 2, 2025, to acquire 150,000,000 KASYA utility tokens (the “Tokens”) in an arm’s length transaction in consideration for 6,300,000 common shares of the Company at a deemed price of $0.075 per share, for aggregate deemed consideration of $472,500 (the “Acquisition”).
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STRATEGIC ADDITION TO THE DYNAMITE HOLDINGS DIVISION
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The Acquisition will be a tactical, share-settled strategic purchase that will diversify the Company’s Digital Assets Holdings beyond Kaspa to also include a Kaspa application/payments-focused utility token. The Company is taking a significant early stake in the Tokens precisely because Kasya AI (“KASYA”) is built on the Kaspa network, whose technological fundamentals are completely aligned with Dynamite’s digital assets holdings strategy.
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HOW IT FITS INTO DYNAMITE’S BLOCKCHAIN ECOSYSTEM
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Once the Token has been successfully added to its Holdings Division, the Company intends to vertically integrate KASYA into the Dynamite Blockchain Ecosystem. The Company believes that KASYA is on trend with current market developments and that its technology and token could grow to a significant size and market value. Therefore, the Company intends to develop products and services that will be compatible with the KASYA platform, such as digital wallets or digital payment systems. Dynamite believes the Kasya token could mature into a significant utility token, due to KASYA’s AI-driven payments scale, and that taking a significant first-mover position in KASYA’s tokens could enable it to reap rewards as the adoption of KASYA accelerates.
UTILITY TOKEN GROUNDED IN REAL USAGE
KASYA is currently developing voice/text payments, FX, encrypted document vault with on-chain hashing, payment APIs/SDKs, a third-party AI-agent marketplace with intended token utility spanning fee credits/gasless actions, staking tiers, governance, and merchant discounts. KASYA’s non-custodial, utility-only design aligns with Dynamite’s mandate to hold scarce, utility-driven, regulatory-clean digital assets tied to measurable, recurring workflows rather than emissions.
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“The addition of Kasya represents one of the most strategic and synergistic acquisitions we’ve made to date. Kasya is built directly on the Kaspa network, and by supporting its ecosystem growth, we’re extending our bet on Kaspa’s technological and economic foundations. We believe this acquisition has the potential to drive significant
NAV growth to our portfolio and that Kasya AI will be compatible with
multiple Products and Services in our Blockchain Ecosystem."
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- Akshay Sood, CEO of Dynamite.​​​​​​​​​​​​​​
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CLOSING CONDITIONS
The Company is aiming to close the Acquisition by October 10, 2025, subject to customary conditions, including Canadian Securities Exchange acceptance, the Company’s Board approval and delivery of the Tokens to the Company.
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On behalf of the Company,
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Akshay Sood
Chief Executive Officer
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ABOUT DYNAMITE BLOCKCHAIN
Dynamite Blockchain Corp. is a blockchain technology and infrastructure company focused on building shareholder value through its Blockchain Ecosystem Strategy, which is comprised of 3 primary divisions: Holdings, Products and Services. The Holdings Division is the foundation, which focuses on acquiring utility-driven tokens that combine scarcity with real-world adoption and monetization. The Products and Services Divisions are intended to drive utility into the digital assets in the Holdings Division by the development and acquisition of products and services that will be compatible with the digital assets in the Company’s Holdings Division. Working in strategic harmony, the vertically integrated Blockchain Ecosystem not only offers shareholders ownership in rare and unique digital assets, but also provides them with a unique investment vehicle that has utility generation built into its business model.
FORWARD LOOKING STATEMENTS
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans, and prospects that constitute forward-looking statements. These statements are based upon assumptions that are subject to risks and uncertainties. Forward-looking statements in this news release include, without limitation, statements respecting: the Acquisition; the impact of the Acquisition on the Company; potential synergies between mPWR and the Company’s current offerings and the benefits to the Company therefrom; launch of the mPWR phone and the goal and potential impact thereof; that users of the mPWR Phone will only be able to pay via the mPWR token; that the launch of the mPWR Phone will serve as a catalyst for growth in the mPWR token; the launch of any products and services by the Company this year (including but not limited to the IMME Wallet); and that the Company’s products and services will be embedded into the mPWR Phone. Although the Company believes that the expectations reflected in forward-looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statement will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements, or otherwise.
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TThe CSE (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.
The quote(s) from the CEO were not included in the original dissemination of this press release and is not included on the version filed on SEDAR.