TenX Buys Code, Now Solana & Sui Can’t Sleep 😴💸

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  • Ah, TenX Protocols! The hungry wolf of blockchain, now gnawing on Blade Labs’ code like a starving man at a feast… for $320k. 🐺💸
  • Solana and Sui, two chains that once danced alone, now find themselves entangled in TenX’s web of ambition. 🕸️✨
  • But let us not forget, dear reader, that TenX still boasts a wallet so heavy with cash it could silence a room of bankers. 💰🤫

TenX Protocols Inc., that audacious pup of the TSX Venture Exchange, has pounced on its first acquisition since listing-snatching Blade Labs’ proprietary software code for a princely sum of $320,000. “Half cash, half stock,” they say, as if haggling over a loaf of bread in a famine. 🍞💼

TenX Protocols: The Validator Whisperer of SOL and SUI

With this acquisition, TenX aims to tame the wild validators of Solana and Sui, promising no downtime. Because, obviously, who needs sleep when you’re building a blockchain empire? 🛌🚫

The deal? A six-month hosting gig for Blade Labs, complete with coffee and technical support (monthly $5k CAD, because even chains need a budget). A symbiotic dance of capitalism, where both sides pretend they’re not just cashing checks. 🤝💸

“Strengthening our validator tech,” declared Mat Cybula, CEO, with the gravitas of a man who’s never actually touched a validator. Or maybe he has. Who knows? The blockchain world is full of mysteries. 🕵️♂️🔍

And what of TenX’s finances? A veritable treasure hoard: $22 million in crypto, including 19,699 Solana, 21,748,120 Sei, and enough USDC to buy a small island. No debt, just a $5.6 million cash cushion. Because nothing says “startup” like having enough money to fund a luxury yacht. 🛥️💸

Why This Matters (Probably)

This acquisition? A bold stroke for TenX, who now claims to be the “reliable” validator in a sea of chaos. Investors, presumably, will nod sagely and pour their savings into a company that doesn’t even need to work. 📉🚀

And so, TenX dances toward a future where its stocks and services are “more competitive.” A phrase that, in blockchain lingo, means “we hope to not fail spectacularly.” But hey, at least they’ve got the cash to keep the lights on. 💡✨

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2025-12-19 21:52