Matador Technologies, a firm of digital assets based in Toronto, has entered a letter of binding intention to invest up to $ 3.2 million in Hodl Systems, an Indian company that appears in the stock market that integrates crypto into its treasure strategy. If you exercise completely, the investment would give Matador to a property participation of 24.95%.
The agreement also describes the plans for HODL to graduate and distribute the gold and digital ordinal products based on Matador Blockchain in India, one of the most obsessed markets with the gold and mobiles in the world. India’s homes have more than 25,000 tons of gold, according to the Gold Council World Cup, while more than 65% of the population is under 35 years old, presenting a large potential user base for digital investment platforms.
“This strategic investment in Hodl underlines our commitment to expand our footprint in high growth markets,” said the CEO of Matador accrue Soni. Visionary Director Mark Moss added that the association reflects the belief that “the next wave of world financial infrastructure will be based on digital assets.”
Waiting for regulatory approvals, the first section of order investment, 25% of the total, closes before July 10, 2025. The rest will be committed within 18 months. Arrest orders can become capital shares in a 1: 1 relationship during that window.
The agreement is subject to the approval of the Risk Exchange of TSX, the consent of the shareholders in HODL and the issuance of the orders in a dematerialized way. If completed, the measure would not only mark the entry of Matador into India, but also position the company to take advantage of one of the largest markets for financial tools backed by cryptocurrencies.
