PowerBank Corporation and Intellistake Technologies Forge Strategic Partnership for Bitcoin Treasury and Asset Tokenization

PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a leader in clean energy infrastructure, has announced a strategic partnership with Intellistake Technologies Corp. (CSE: ISTK) to explore innovative initiatives at the intersection of digital assets, energy, and tokenized finance. This collaboration is set to establish a Bitcoin-based Digital Asset Treasury Program, with Intellistake providing custody and treasury management support. Additionally, the partnership will explore the tokenization of PowerBank’s clean energy assets or shares as a novel financing alternative.

Dr. Richard Lu, CEO of PowerBank, highlighted the partnership's goal to bridge traditional energy infrastructure with the burgeoning digital economy, especially as institutions increasingly move towards tokenized real-world assets. Jason Dussault, CEO of Intellistake, echoed this sentiment, describing tokenization as an inevitability. This perspective is supported by forecasts predicting the Real-World Assets (RWA) market could expand to $30 trillion by 2034.

This partnership represents a significant milestone in the energy sector's evolution, showcasing how traditional energy companies can leverage digital assets and blockchain technology to unlock new financing avenues and operational efficiencies. The initiative not only underscores the growing convergence between the energy and digital asset sectors but also highlights the potential for tokenization to revolutionize how energy assets are financed and managed.

For more details on PowerBank Corporation's innovative projects and their development pipeline, visit https://www.powerbankcorp.com. Additional information on forward-looking statements and disclaimers can be found at https://ibn.fm/epWbE and https://ibn.fm/XYohj.