Bitcoin News Today: PowerBank and Intellistake Partner to Boost Bitcoin Treasury and RWA Tokenization

PowerBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN, FSE: 103) and Intellistake Technologies Corp. (CSE: ISTK) have announced a strategic alliance to advance digital currency adoption and real-world asset (RWA) tokenization [1]. The partnership centers on three key initiatives: a Digital Currency Treasury Program, Bitcoin Treasury Management, and the potential tokenization of PowerBank’s clean energy infrastructure. PowerBank aims to accumulate Bitcoin as a long-term reserve asset, with Intellistake supporting its custody, security, and management needs. Intellistake, meanwhile, is set to accumulate digital assets that support decentralized AI, including FET Token [1].

The collaboration also explores the tokenization of PowerBank’s energy assets or shares, creating new financing and investment models in the renewable energy sector. This aligns with the broader trend of tokenized securities gaining traction among institutional and sovereign investors. According to analysts, the market cap for tokenized RWAs could reach $30 trillion by 2034, driven by blockchain and AI advancements [1].

Jason Dussault, CEO of Intellistake, emphasized that tokenization is “no longer a concept—it’s an inevitability,” and the partnership aims to bridge traditional energy systems with digital infrastructure. Dr. Richard Lu, CEO of PowerBank, added that the alliance is “about setting the pace for a shift in how companies manage capital and assets.” Both companies are currently evaluating the regulatory framework for tokenization and will provide updates as developments arise [1].

The Bitcoin treasury program is subject to management discretion, with the timing and value of purchases dependent on market conditions and cash flow needs. Intellistake will now support PowerBank’s digital asset custody, and PowerBank has opted to no longer use Coinbase for this function. To date, no Bitcoin purchases have been made under the new program [1].

In a separate corporate update, PowerBank issued 56,275 shares to certain former and current directors and officers of Solar Flow-Through Funds Ltd., as part of outstanding director fees. These shares are subject to a four-month hold period and were approved by the Board of Directors, with conflicts of interest managed by abstaining votes [1].

PowerBank, a clean energy project developer and owner, focuses on distributed and community solar projects in Canada and the U.S. The company has developed over 100 megawatts of renewable energy capacity and maintains a development pipeline exceeding one gigawatt. It operates through a mix of utility, commercial, and residential solar projects, including battery energy storage systems [1].

The companies’ statements include forward-looking information that involves risks and uncertainties. These include regulatory approvals, market volatility, and the execution of growth strategies. The companies caution that actual results may differ from expectations, and they are not obligated to update or revise any forward-looking statements, unless required by law [1].

Source: [1] https://www.investing.com/news/cryptocurrency-news/powerbank-and-intellistake-announce-strategic-alliance-to-pioneer-digital-currencies-including-bitcoin-treasury-integration-and-rwa-tokenization-4162271