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TenX Protocols acquires Blade Labs IP for $320k

PRIVATEDec 19, 20257 months ago

Acquiring Company

TenX Protocols

Acquired Company

Cresco

BrusselsBlockchainCryptocurrencySecurity

Description

TenX Protocols Inc. has acquired proprietary software and related intellectual property from Blade Labs Corp for approximately $320,000. This strategic acquisition aims to enhance TenX’s validator infrastructure on the Solana and Sui networks. Under the agreement, TenX will also provide technical support services to Blade Labs for six months. This move is crucial in helping TenX achieve uninterrupted operations in its validator program.

Company Information

Company

TenX Protocols

About

TenX Protocols Inc. builds blockchain infrastructure and offers services like staking, validator operations, and digital asset deployment. Recently, they began trading on the TSX Venture Exchange under the ticker TNX, raising significant capital in 2025. The company's focus is on supporting proof-of-stake blockchain networks and improving infrastructure for enterprise clients. Their partnerships aim to enhance market access and liquidity for investors in the digital asset space.

Predictive Intelligence
Strategic

ML-powered predictions for TenX Protocols's next move

Learn about Strategic plan

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.