Mr. Matthew Priebe reports
NEXTGEN DIGITAL PLATFORMS ANNOUNCES LETTER OF INTENT FOR STRATEGIC INVESTMENT IN CENTI LTD., A LEADING STABLECOIN PAYMENT SOLUTIONS COMPANY
Nextgen Digital Platforms Inc. has entered into a letter of intent relating to a strategic investment in Centi Ltd., an emerging leader in blockchain-powered digital payment solutions.
Centi's enterprise-grade platform includes consumer mobile applications, merchant processing infrastructure, stablecoin systems and cross-border payment capabilities -- all fully customizable with partner branding. Centi's technology empowers merchants, local businesses and branded organizations with the ability to easily create and manage digital vouchers, loyalty programs and collectible assets -- unlocking new forms of customer engagement.
Centi's supervised non-custodial wallet design ensures that users maintain direct access to their assets on the blockchain. Assets are protected, secure and connectable through widely adopted tools such as MetaMask. Unlike traditional bank deposits or exchange balances, these assets remain solely under the purview of their holders -- a compelling advantage in markets like Europe, where skepticism around central bank digital currencies is growing and consumers are actively seeking alternatives.
In return for this investment, Nextgen will secure an exclusive licence to operate and commercialize Centi's technology in North America. This grants the company sole rights to deploy, integrate and expand this platform under its own brand, marking a strategic milestone in Nextgen's previously announced intention of building upon its capabilities in digital infrastructure.
"This investment advances our mission to bridge digital assets with traditional finance and real-world operations," said Matthew Priebe, chief executive officer of Nextgen. "Centi has built a proven ecosystem of merchants and consumers already transacting daily with digital infrastructure. Bringing this model to North America gives Nextgen an immediate foothold in the stablecoin payments space, while also positioning us at the forefront of blockchain-driven loyalty, rewards and digital commerce innovation. We are focused on executing opportunities that strengthen our platform and deliver measurable results for shareholders."
Pursuant to the terms of the LOI, Nextgen will invest $300,000 into Centi at a $7-million premoney valuation, resulting in ownership of approximately 4.286 per cent of Centi's issued and outstanding shares upon closing. This investment provides Nextgen with a 60-month exclusive licence to deploy Centi's platform in North America. In addition, Nextgen has secured a 24-month option to increase its interest in Centi by up to 50 per cent, based on Centi's value at the time of any such top-up investment.
The parties have agreed to enter into a definitive agreement for the acquisition on or before Oct. 15, 2025, subject to the completion of satisfactory due diligence.
Closing of the acquisition is subject to customary closing conditions, including the parties' receipt of all applicable regulatory approvals, including the approval of the Canadian Securities Exchange. There can be no assurance that the acquisition will be completed as proposed or at all.
About Nextgen Digital Platforms Inc.
Nextgen Digital is a publicly listed digital asset company focused on bridging traditional finance with decentralized Web3 technologies. The company operates a hardware-as-a-service business supporting the artificial intelligence sector and, subject to the receipt of all necessary regulatory approvals, intends to develop a diversified portfolio of digital assets, blockchain infrastructure and Web3-native strategies. Through its in-house platforms and regulated structure, Nextgen seeks to democratize access to the digital economy and deliver long-term shareholder value. The company also evaluates opportunities to acquire or develop complementary technology platforms in alignment with its core mission.
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