Belgravia Hartford Announces Founding & Funding of NodeVest
NodeVest Announces Launch as a Public Market Gateway for Blockchain Staking and Yield Strategies
Delivering Dynamic and Scalable Staking in
Ethereum, Solana, Aave, Bittensor & Sui
All dollar amounts are in Canadian dollars unless otherwise indicated.
Toronto, Ontario–(Newsfile Corp. – December 17, 2024) – BELGRAVIA HARTFORD CAPITAL INC. (CSE: BLGV) (OTC Pink: BLGVF) (“Company“), an investment issuer focused on the tech and finance sectors of the economy, specifically, blockchain, cryptocurrency and artificial intelligence opportunities, today announces its continued investment focus on cryptocurrencies through the funding of its wholly-owned subsidiary, NodeVest IO Inc. (“NodeVest“). NodeVest will be offering simplified access to dynamic blockchain staking and yield opportunities in leading blockchain ecosystems Ethereum, Solana, Aave, Bittensor and Sui.
With a focus on dynamic hedging and arbitrage among multiple cryptocurrencies as well as scalability of operations, NodeVest is positioned to become a trusted public market gateway for blockchain rewards, empowering investors to participate in the evolving digital asset landscape of these and other emerging digital coins.
Victor Cook Appointed CTO and President to Lead Strategic Vision
The Company is pleased to announce the appointment of Victor Cook, Ph.D., as President and Chief Technology Officer of NodeVest. A pioneer in blockchain infrastructure and the founder of Parallel Logic Corporation, Dr. Cook brings extensive experience in developing innovative digital asset solutions. A graduate of MIT with a Ph.D. in parallel computing from UCF, Dr. Cook has successfully founded and scaled multiple startups, three of which were acquired.
Focus on Leading Blockchain Ecosystems: Ethereum, Solana, Aave, Bittensor and Sui
Asked about NodeVest, Dr. Cook stated: “NodeVest was created to bridge the gap between various blockchain networks and investors. Our mission is to simplify participation in coin staking and yield opportunities initially focusing on prominent blockchain networks Ethereum, Solana, Aave, Bittensor and Sui – making blockchain-native solutions available without extensive technical knowledge.”
Dr. Cook continued: “Our differentiator is the ability to dynamically move among various digital assets, and through trusted validators, in the manner and at a speed impossible for most retail investors. The investment approach is directed at turning cryptocurrency yields into cash equivalents while continuing to hold those digital assets for long, and short, term appreciation.”
“As a wholly-owned subsidiary of the Company with audited financial statements, NodeVest will function with full auditability of its operations, rewards and strategies. This transparency fosters trust and aligns with the Company’s stated business objectives related to technology investments, as outlined in its Listing Statement, as well as its Investment Policy to pursue cryptocurrency, blockchain and digital asset investments for investors of all sizes, from retail participants to institutional stakeholders.”
Financial Backing & Funding
Dr. Cook stated: “Supported by a fully-subscribed financing of $500,000 announced on December 4, 2024; significant, already-issued, convertible securities exceeding $2 million to the Company if fully exercised; and no long-term Company debt, NodeVest is funded to immediately accelerate the build-out of its proprietary infrastructure and staking operations in Ethereum, Solana, Aave, Bittensor and Sui.”
“Also to support scalability, NodeVest is actively pursuing additional equity, as well as non-dilutive financing options, ensuring our operations remain on a stable footing while we expand our staking capabilities.”
NodeVest was established pursuant to the Company’s Listing Statement and its 2018 Investment Policy which provide for investment in the technology, blockchain, artificial intelligence and information technology industries. As this investment is intended to complement and enhance the Company’s existing business, the Company has reviewed and concluded that the establishment of NodeVest is not a Fundamental Change nor a Change of Business (as such terms are defined in the policies of the Canadian Securities Exchange (“CSE“)).
Staking & Blockchain Advisory Team
The Company is forming a crypto-specialized Advisory Team to guide NodeVest’s efforts in digital asset investments and yield strategies. The team will focus on formalizing protocols to convert staking yields into cash equivalents and ensuring operational efficiency. Team members will be made up of leaders in the digital asset investment, protocol development and infrastructure space.
Appointees will be announced in the coming weeks.
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This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act“), or any state securities laws and may not be offered or sold in the “United States” or to “U.S. persons” (as such terms are defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.
Neither CSE nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.
About Belgravia Hartford
Belgravia Hartford Capital Inc. is an investment issuer, listed for trading on the Canadian Securities Exchange, focused on the tech and finance sectors of the worldwide economy. The Company’s focus, as set out in its 2018 Investment Policy, specifies cryptocurrencies, artificial intelligence, media and digital streaming opportunities. Belgravia invests in a portfolio of private and public companies located in jurisdictions governed by the rule of law. It takes a multi-sector investment approach with emphasis in the resources and commodities sector. Belgravia and its investments are considered high risk holdings and it may expose shareholders to significant volatility and losses.
For more information, please visit www.belgraviahartford.com.
The CSE has not reviewed, approved or disapproved the content of this news release.
Forward-Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements include statements that use forward-looking terminology such as “may”, “will”, “expect”, “anticipate”, “believe”, “continue”, “potential” or the negative thereof or other variations thereof or comparable terminology. Such forward-looking statements include, without limitation, statements regarding the timing for completion of the Offering, the anticipated use of proceeds of the Offering, and other statements that are not historical facts. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, changes in market trends, the completion, results and timing of research undertaken by the Company, risks associated with resource assets, the impact of general economic conditions, commodity prices, industry conditions, dependence upon regulatory, environmental, and governmental approvals, and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
For More Information, Please Contact:
Mehdi Azodi, President & CEO
Belgravia Hartford Capital Inc.
(416) 779-3268
mazodi@blgv.ca
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