PowerBank Corporation and Intellistake Technologies Corp. have announced the launch of several initiatives aimed at integrating digital assets, tokenization, and asset management.
Digital Asset Program
PowerBank intends to use Bitcoin as a long-term treasury reserve asset. With the support of Intellistake, the company will accumulate and hold Bitcoin on its balance sheet. Meanwhile, Intellistake will accumulate digital assets that support decentralized AI, such as the FET Token.
Bitcoin Treasury Management
Intellistake will act as a partner for PowerBank in managing digital asset operations, providing security, custody, and treasury management for Bitcoin. This partnership aims to modernize asset management amid changing economic conditions.
Tokenization of Real Assets
Both companies are exploring the possibilities of tokenizing PowerBank's clean energy assets. This includes the tokenization of solar and battery energy systems, which may provide new investment opportunities. As Jason Dussault, CEO of Intellistake, stated: “Tokenization is no longer a concept — it’s an inevitability.”
The partnership between PowerBank and Intellistake showcases the companies' efforts to integrate digital technologies into asset management and energy resources, which could lead to significant changes in these sectors.
