Metalpha, Exos Financial, and BlockchainK2 Announce Joint Venture for US Institutional Digital Asset Market
Metalpha Technology Holding (NASDAQ: MATH), Exos Financial, and BlockchainK2 Corp. (TSXV: BITK) signed an MOU to form a Joint Venture delivering compliant, institutional-grade digital asset solutions to US clients.
Hong Kong, New York, Vancouver, BC — PRNewswire, February 24, 2026
Metalpha Technology Holding Limited (NASDAQ: MATH), a global leading provider of blockchain and trading technology solutions, today announced the signing of a Memorandum of Understanding ("MOU") with Exos Financial LLC ("Exos"), a technology-driven boutique financial services platform based in New York, and BlockchainK2 Corp. (TSXV: BITK) ("BK2"), a public Canadian holding company for blockchain technology companies. The three parties intend to form a Joint Venture ("JV") aimed at delivering compliant, institutional-grade digital asset solutions to clients based primarily in the United States.
The proposed Joint Venture unites three highly complementary industry leaders to address the growing demand for crypto-financial services in the US. This strategic collaboration leverages Metalpha's deep expertise in cryptocurrency derivatives and liquidity solutions alongside Exos Financial's regulated investment banking and asset management businesses and framework, established by former Credit Suisse CEO Brady Dougan. Completing the ecosystem, BlockchainK2 contributes advanced technology platforms for tokenization and fund distribution through its portfolio interests, effectively bridging the gap between traditional finance and digital assets.
Under the terms of the MOU, the parties plan to establish a business dedicated to delivering digital asset solutions to primarily the US institutional market, focusing initially on three core pillars: offering tailored OTC derivatives and hedging solutions to institutions and miners; developing digital asset investment strategies, such as crypto relative value; and creating securities-linked transactions that provide exposure to digital assets.
"This partnership represents a significant milestone in Metalpha's global expansion strategy. By joining forces with Exos and BlockchainK2, we are positioning ourselves to enter the critical US market with a fully compliant, institutional-grade offering. We look forward to leveraging Exos's extensive knowledge and experience in the US market and BK2's technological infrastructure to bring our market-leading derivative products to US clients."
— Adrian Wang, CEO of Metalpha
"At Exos, we believe the future of finance lies in the seamless integration of technology and compliance. Partnering with Metalpha and BlockchainK2 allows us to extend our modern institutional platform into the digital asset space, offering clients sophisticated strategies with the infrastructure and support they expect from a top-tier financial institution."
— Brady Dougan, Founder and CEO of Exos Financial
"We are excited to facilitate this venture. The combination of Metalpha's trading prowess, Exos's institutional pedigree, and our ecosystem's technological capabilities creates a powerful engine for growth. This JV is designed to solve key pain points for US institutions seeking exposure to digital assets."
— Sergei Stetsenko, CEO of BlockchainK2
Three Core Pillars of the Joint Venture
- OTC Derivatives & Hedging: Tailored OTC derivatives and hedging solutions to institutions and miners seeking exposure or risk management in digital assets.
- Digital Asset Investment Strategies: Developing institutional-grade investment strategies such as crypto relative value and other structured approaches.
- Securities-Linked Transactions: Creating securities-linked instruments that provide regulated exposure to digital assets for US institutional clients.
About Metalpha Technology Holding Limited
Metalpha Technology Holding Limited (NASDAQ: MATH) is a global leading provider of blockchain and trading technology solutions. With extensive blockchain and traditional fintech expertise, we are dedicated to delivering state-of-the-art technological solutions, including digital asset related management systems, hedging infrastructures, liquidity solutions and institutional grade architectures. We offer highly customized, one-stop solutions to help our customers grow their businesses and are committed to strengthening our position as one of the largest gateways to digital assets in Asia.
About Exos Financial LLC
Founded in 2018, Exos Financial is a B2B institutional finance platform designed to modernize the delivery of investment banking and wealth management services. Exos operates U.S. regulated entities, offering technology-driven solutions in investment banking, asset management, and alternative investments. The firm was founded by Brady Dougan, former CEO of Credit Suisse.
About BlockchainK2 Corp.
BlockchainK2 Corp. (TSXV: BITK; OTCQB: BIDCF; GERMANY: KRL2) is a holding company investing in blockchain technology solutions for capital markets and other sectors. The Company owns a majority interest in RealBlocks, a technology platform for private equity, private credit, and real estate that provides tokenized secondary trading and fund distribution solutions.