Sky Quarry Partners with Continuum Network for Blockchain-Enabled Commodity Tokens.

Sky Quarry Inc., an integrated energy solutions company, has signed a Memorandum of Understanding with Continuum Network, a blockchain technology firm, to explore the potential of representing its commodities in blockchain-enabled markets. The collaboration will focus on evaluating technical, regulatory, and commercial considerations for creating a secure and compliant framework for resource-linked commodity tokens.

Woods Cross, Utah — Sky Quarry Inc. (NASDAQ: SKYQ), an integrated energy solutions company, has signed a Memorandum of Understanding (MOU) with Continuum Network, a Hong Kong-based blockchain technology firm, to explore the potential of representing its commodities in blockchain-enabled markets. The collaboration aims to evaluate technical, regulatory, and commercial considerations for creating a secure and compliant framework for resource-linked commodity tokens [1].

Under the MOU, Sky Quarry and Continuum Network will assess platform architecture, smart contract design, and regulatory requirements, including any necessary SEC review or approval. The work will explore the feasibility of such a system, its potential to open new channels for market participation, and opportunities to strengthen Sky Quarry’s balance sheet through a digital treasury [1].

Marcus Laun, EVP and Co-Founder of Sky Quarry, said, "We believe that tokenizing non-cash assets has the ability to free up hundreds of billions of dollars currently tied up in working capital across the energy industry, giving domestic companies the working capital they need to accelerate growth. This is crucial as the U.S. faces an urgent need to scale energy supply to remain competitive in the global race for AI and technological leadership. With real-world asset tokenization projected to become a multi-trillion-dollar sector by 2030, I believe the convergence of energy, digital assets, and AI is not just a possibility, it’s the future. Our work to explore these pathways is key to building a robust digital treasury model and strengthening our financial foundation" [1].

Continuum Network will bring its expertise in blockchain architecture, identity-linked encryption, and advanced smart contract development to establish a secure and compliant framework for tokenizing real-world assets. The collaboration will be executed in phases, beginning with concept design and regulatory compliance analysis, then advancing to development, pilot deployment, and commercialization, each of which will require a definitive agreement to be executed between the parties [1].

Mehdi Mehrtash, Founder of Continuum Network, said, "This partnership highlights Continuum’s role as a trusted enabler of the real-world asset ecosystem. By delivering a platform that ensures compliance, auditability, and interoperability, we empower organizations to unlock liquidity, strengthen balance sheets, and expand market participation. Working with forward-looking companies like Sky Quarry demonstrates how digital assets can drive growth across energy, finance, trade, and positions Continuum Network at the forefront of building the next generation of trusted digital infrastructure" [1].

Sky Quarry remains focused on its core mission of recycling waste asphalt shingles into recycled oil and other valuable materials while positioning itself to lead at the intersection of the energy and digital asset markets. It is continuing discussions with parties representing treasury assets that are potential candidates for the Treasury Model being contemplated by the Company. No determination has yet been made regarding which tokens or currencies the Company may acquire. The Company looks forward to continuing to update the market on this effort in the future [1].

Sky Quarry will be hosting an upcoming webinar to introduce its digital asset strategy. Interested participants can sign up here to be notified when registration opens [1].

References:
[1] https://www.globenewswire.com/news-release/2025/08/20/3136320/0/en/Sky-Quarry-Signs-MOU-to-Target-Real-World-Tokenization-of-Commodities.html
[2] https://www.nasdaq.com/press-release/sky-quarry-signs-mou-target-real-world-tokenization-commodities-2025-08-20