PDX Coin

PDX Coin submitted a routine request today to Coiunmarketcap.com to notify of and update its current tokens outstanding total, at 4.262,032 tokens

PDX and its Nasdaq-listed counterparty have mutually agreed to extend the current Letter of Intent to allow for more time to complete bridge financing arrangements ahead of the proposed merger. The parties still expect to have a documentary closing of the merger before the end of the current 2026 year, and there have been no changes to the plan, or to the commitment of any of the parties, to the plan.

PDX today executed formal agreements to acquire control of a Nasdaq-listed public company, which will sit alongside PDX Coin as a permanent equity vehicle. Definitive agreements will be signed in 21 days, including an agreement and plan of merger, and final closing 30 days thereafter, based on an accelerated merger and closing timetable. PDX by law cannot name the public company until we sign the definitive agreement and file an 8-K with the SEC and issue a press release.

PDX will commence the pre-engineering phase of its Siberia L1 Blockchain development from tomorrow, August 17. Between now and late, with an initial team of 7 people, we will focus on the architecture, technical foundation, planning and preparation so that in October we can scale up quickly with a much larger team and commence the 6-month first stage of engineering, with a much larger team. Siberia will reach mainnet launch around the end of April, 2028, on current scheduling. Siberia is designed as both a deep-value financial asset, as well as the leading enterprise-grade orchestration, execution, and global settlements engine for the new Agentic AI economy. #L1 #Blockchain #AI #AgenticAI

PDX is set to receive its first funding immediately from Amazon Web Services, for the establishment of technical infrastructure in connection with the commencement of the development program for our Siberia Agentic-AI enabled L1 Blockchain protocol. #Blockchain #AWS #L1blockchain #payments #globalsettlements

PDX now in merger talks with a high-quality specific Nasdaq-listed target. Highly confident of officially announcing a deal very soon

PDX is pleased to announce the execution of a definitive Letter of Intent to acquire Chicago-area PeopleFirst Bank, for $48.8 million in cash, subject to completion of PDX's pending public listing on Nasdaq, and an accompanying institutional equity placement, and to state and federal regulatory approval. Following closing in Q1 2027, the bank will change its name to PDX PeopleFirst Bank. The PeopleFirst acquisition will accelerate the scaling of the PDX Beam payments platform to an industry leading position in the payments space, with overwhelming competitive advantages. It will therefore greatly increase the value of our PDX Coin digital asset. #payments #CryptoBank #BTC #cryptopayments

PDX announces an immediate change to its token listing strategy. As Bitmart has just today announced it is ceasing operations, we will of course no longer be listing on that venue. Therefore we will pivot to continue to list on LBank, alongside MEXC and Uniswap, with Kraken to follow.

PDX has officially reduced the cash purchase price of its pending Chicago-area bank acquisition from the originally estimated $53 million, to $48.8 million, including certain closing adjustments. We expect to execute an agreement pertaining to this in the next few days, and will announce same. Further, we have appointed the Washington DC-based law firm of Luse Gorman LLP to rfepresrent us in the bank acquisition. Luse Gorman specializes primarily in legal work for banks, bank acquisitions, and financial services transactions generally.

PDX has formally engaged Crone Law Group (cronelawgroup.com), a New York City-based corporate law firm specializing in corporate finance and securities law, to assist it and our bankers in the going public process, and negotiations with the listed public targets for our upcoming merger and financing transaction. As part of this process, Crone will also prepare all Nasdaq and SEC filings for the merger, the instututional equity raise, and the public company generally on an ongoing basis.

PDX Coin listing update: following discussions with advisors, PDX Coin has modified plans for the upcoming token listings to reflect that we have removed LBank from the listing panel, and will replace it with a DEX listing on Uniswap. We will also introduce trading in the ETH pair, as well as USDT. Stay tuned for more.

PDX announces that we have won the bidding for the acquisition of a US domestic banking license and business, located in the greater Chicago area. The bank has almost $300 million in assets and is highly profitable. The acquisition ties into, and is subject to, our successful completion of our pending Nasdaq public listing, and attendant financing transaction. We will name the bank as soon as we execute the definitive purchase agreement and LOI, in the next few days.

PDX announces that it remains on track to acquire a listing on the Nasdaq stock market through combining its PDX Beam payments platform and other assets with a Nasdaq-listed company in a merger transaction. While timelines are malleable we and our financial advisors, D. Boral Capital, a leading middle market New York based investment bank, expect to define a particular public counterparty over the next 10-14 days, and execute a definitive LOI for a merger as soon as possible thereafter. While the end of July is the planned timeline for this, it may take a little longer as we are in the hands of the counterparty and its own advisors to a great extent. We are on-track overall, and will keep the community updated. The proposed new token listings for PDX Coin are also a part and parcel of the public listing exercise.

PDX has executed a purchase agreement today for the 100% acquisition of Bigpag Brasil S.A., a fast growing LatAm payments institution that comes with a FULL COMMERCIAL BANKING LICENSE. The acquisition is for a mixture of cash and stock, and subject to completion of our upcoming Nasdaq public listing. The company is growing at a compound annual growth rate of 150%, and perfectly positions PDX Beam to be launched and scaled in the massive Brazilian and wider LatAm market region, including Colombia, Argentina, Peru, Chile, and Mexico. #payments #Crypto #BTC #banking #Brazil

PDX has formally engaged leading New York City-based investment bank, D. Boral Capital, to assist it in completing a reverse-takeover of a Nasdaq listed public company and raise over $45 million in new equity capital, to fund the needs of PDX, including the commercial US launch of the PDX Beam payments platform, the development of the Siberia Agentic L1 blockchain protocol jointly with Amazon Web Services and others, and complete certain strategic acquisitions that will turn PDX, through the public listing, into a vertically integrated global payments and banking organization. We expect to execute an LOI for a merger with a Nasdaq-listed counterparty by the end of the current month. PDX will be the surviving and controlling entity following the merger and the institutional capital raise. #nasdaq #fintech #payments #cryptopayments #blockchain #btc

PDX is about to become a fully fledged bank. Watch out for our announcemernt next week!! This will accelerate our new exchange listing plans and also our upcoming Nasdaq public listing pathway, which is now picking up momentum. #banking #cryptopayments #LatAm #BTC #payments

PDX has found a workable, proprietary, technical and practical solution to integrate Visa and Mastercard credit cards into the PDX Beam platform, initially in the US market, and soon in the EU and LatAm markets, and with the support of Visa and Mastercard. The solution and payment flows will enable PDX, for the first time, to offer merchants and vendors the same low payment fees and instant real-time settlements that apply to PDX Beam's crypto and debit card transactions. PDX will introduce this product extension near the end of 2026. #payments #cryptyo #blockchain #btc #Bitmart #Kraken