Announcement posted by Banxa 06 Oct 2025
Toronto, Ontario -- October 6, 2025 - Banxa Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa'' or the "Company"), a global infrastructure provider for enabling embedded crypto, brings native liquidity access to the Tezos ecosystem.
Tezos is a leading blockchain platform that enables smart contracts, scalable applications, and institutional-grade innovation, and with the new Etherlink integration, is now supported by Banxa's local on- and off-ramp infrastructure, and compliance and licensing reach. This makes it easier for users to confidently enter and exit the crypto market worldwide.
Tezos has continued to evolve over time, adding new features with each protocol upgrade that make the network faster, safer, and simpler to use, as seen in the recent Seoul protocol upgrade. This integration builds on that progress.
Etherlink, an EVM compatibility layer for Tezos, will benefit from Banxa's fiat-to-crypto gateway to onboard users globally. With support for fiat currencies, the native token of Tezos XTZ, as well as stablecoins like USDT and USDC, Etherlink can seamlessly expand access for developers and users building within the Tezos ecosystem.
"Speed, resilience, and continuous evolution are all hallmarks of the Tezos ecosystem, and more projects are experiencing the benefits of building on the network every day. Banxa's seamless fiat and crypto payment services streamline access to this vibrant ecosystem for users, granting Tezos ecosystem projects greater reach across global markets and driving faster adoption", said David Relkin, Head of DeFi at Nomadic Labs.
"Banxa's embedded crypto infrastructure is helping to bridge traditional finance and crypto with reliable on- and off-ramp services for millions of users globally," said Holger Arians, Banxa Co-Founder and Co-CEO. "We'll continue to support merchants and growing ecosystems, like Tezos, to offer a frictionless user experience, while simultaneously preparing for future demand in digital payments by institutional players."
Looking ahead, Banxa will extend support to additional Tezos-based DeFi protocols and dApps and the growing number of Etherlink projects across DeFi, Social, and gaming.
About Tezos
Tezos is an open-source and energy-efficient blockchain designed to empower institutions, developers, and businesses and facilitate value transfer in a digital environment. It is designed for the scalable deployment of decentralized applications. As one of the first Proof of Stake blockchains, Tezos is globally supported and valued for its strong governance, long-term upgradability, and smart contract capabilities.
tezos.com
About Banxa
Banxa is the leading infrastructure provider for enabling embedded crypto - empowering businesses to embed crypto seamlessly into their existing platforms and unlocking new opportunities in the rapidly evolving crypto economy. Through an extensive and growing network of global and local payment solutions and regulatory licenses, Banxa helps businesses provide seamless integration of crypto and fiat for global audiences with lower fees and higher conversion rates. Headquartered in the USA, Europe, and Asia-Pacific, the Banxa team is building for a world where global commerce is run on digital assets. banxa.com
Media Contact
Debbie Yuen: marketing@banxa.com
Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information may be identified by statements including words such as: "anticipate," "intend," "plan," "budget," "believe," "project," "estimate," "expect," "scheduled," "forecast," "strategy," "future," "likely," "may," "to be," "could,", "would," "should," "will" and similar references to future periods or the negative or comparable terminology, as well as terms usually used in the future and the conditional. Statements including forward-looking information may include, without limitation, statements regarding the Arrangement and the conditions to the completion thereof and other statements that are not material facts. Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to, that the Company will receive, in a timely manner and on satisfactory terms, the necessary court and regulatory approvals, and otherwise be able to satisfy, in a timely manner, all outstanding conditions to the completion of the Arrangement. The Company considers these assumptions to be reasonable in the circumstances. However, there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. By its nature, forward-looking information involves known and unknown risks, uncertainties, changes in circumstances and other factors that are difficult to predict and many of which are outside of the Company's control which may cause actual results to differ materially from any future or potential results expressed or implied by such forward-looking information. Important factors that could cause actual results to differ materially from those indicated in the forward-looking information include, among others: (i) the possibility of adverse reactions or changes in business resulting from the announcement of the Arrangement; (ii) risks relating to the Company's ability to retain and attract key personnel during the interim period leading up to the completion of the Arrangement; (iii) risks related to diverting management's attention from the Company's ongoing business operations; and (iv) other risks inherent to the business carried out by the Company and factors beyond its control which could have a material adverse effect on the Company or its ability to complete the Arrangement. The Company has assumed that the risk factors referred to above will not cause such forward-looking statements and information to differ materially from actual results or events. The reader is cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking statements. Other than as specifically required by applicable Canadian law, the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made, whether as a result of new information, future events or results, or otherwise.
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