Mr. Akshay Sood reports

DYNAMITE BLOCKCHAIN TO TAKE A STRATEGIC POSITION IN KASYA

Dynamite Blockchain Corp. has entered into an asset purchase agreement, dated Oct. 2, 2025, to acquire 150 million Kasya utility tokens in an arm's-length transaction in consideration for 6.3 million common shares of the company at a deemed price of 7.5 cents per share for aggregate deemed consideration of $472,500.

Strategic addition to the Dynamite holdings division

The acquisition will be a tactical, share-settled strategic purchase that will diversify the company's digital assets holdings beyond Kaspa to also include a Kaspa application/payments-focused utility token. The company is taking a significant early stake in the tokens precisely because Kasya AI (artificial intelligence) is built on the Kaspa network, whose technological fundamentals are completely aligned with Dynamite's digital assets holdings strategy.

How it fits into Dynamite's blockchain ecosystem

Once the token has been successfully added to its holdings division, the company intends to vertically integrate Kasya into the Dynamite blockchain ecosystem. The company believes that Kasya is on trend with current market developments and that its technology and token could grow to a significant size and market value. Therefore, the company intends to develop products and services that will be compatible with the Kasya platform, such as digital wallets or digital payment systems. Dynamite believes the Kasya token could mature into a significant utility token, due to Kasya's AI-driven payments scale, and that taking a significant first-mover position in Kasya's tokens could enable it to reap rewards as the adoption of Kasya accelerates.

Utility token grounded in real usage

Kasya is currently developing voice/text payments, FX (foreign exchange), encrypted document vault with on-chain hashing, payment APIs/SDKs (application programming interfaces/software development kits), and a third party AI-agent marketplace with intended token utility spanning fee credits/gasless actions, staking tiers, governance and merchant discounts. Kasya's non-custodial, utility-only design aligns with Dynamite's mandate to hold scarce, utility-driven, regulatory-clean digital assets tied to measurable, recurring workflows rather than emissions.

Closing conditions

The company is aiming to close the acquisition by Oct. 10, 2025, subject to customary conditions, including Canadian Securities Exchange acceptance, the company's board approval and delivery of the tokens to the company.

About Dynamite Blockchain Corp.

Dynamite Blockchain is a blockchain technology and infrastructure company focused on building shareholder value through its blockchain ecosystem strategy, which comprises three primary divisions: holdings, products and services. The holdings division is the foundation, which focuses on acquiring utility-driven tokens that combine scarcity with real-world adoption and monetization. The products and services divisions are intended to drive utility into the digital assets in the holdings division by the development and acquisition of products and services that will be compatible with the digital assets in the company's holdings division. Working in strategic harmony, the vertically integrated blockchain ecosystem not only offers shareholders ownership in rare and unique digital assets but also provides them with a unique investment vehicle that has utility generation built into its business model.

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