AcquisitionsJun 24, 2026, 04:27 PM
Crypto Co Acquires Frame Blockchain IP for Layer 1 Network
AI Summary
Crypto Co announced the acquisition of intellectual property from Frame Holdings Ltd. to develop the Frame Blockchain, a Layer 1 network aimed at unifying fragmented crypto ecosystems, with a planned launch in 2026. This strategic move positions the company in the growing blockchain interoperability market. However, the company reported a significant net loss of $1,918,127 for 2025, with revenue decreasing to $18,527, and negative working capital of $6,210,341. The company also rescinded a prior acquisition of Starchive.io, incurring over $1 million in related expenses, and converted $3.8 million in debt to equity and cash.
Key Highlights
- Acquired Frame Holdings Ltd. IP for Frame Blockchain, a Layer 1 interoperability network.
- Intends to launch the Frame Blockchain in 2026 to unify fragmented crypto ecosystems.
- Rescinded Starchive.io acquisition, incurring $1,078,800 in expenses for 2025.
- Converted $3,808,733 of debt to AJB into 446.5 million shares, $500,000 cash, and warrants.
- Revenue decreased to $18,527 in 2025 from $44,814 in 2024.
- Reported a net loss of $1,918,127 for the year ended December 31, 2025.
- Working capital was negative $6,210,341 as of December 31, 2025.
- Cash on hand was $97,205 as of December 31, 2025.
Price Impact
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