BlockchainK2 Corp. Acquires RealBlocks in Strategic Blockchain Investment Platform Expansion

BlockchainK2 Corp. has announced the successful acquisition of New York-based blockchain fintech firm RealBlocks, in a move to expand its footprint in the digital investment services market. The acquisition, completed on February 7, 2024, saw BlockchainK2 invest $225,000 USD to acquire more than 99.3% of RealBlocks’ equity, amounting to over 1 billion shares. RealBlocks is now a wholly owned subsidiary of BlockchainK2.

Founded in 2017, RealBlocks operates a blockchain-powered Software Infrastructure-as-a-Service platform designed to modernize access to alternative investments. Its white-label digital platform enables fund managers to reduce costs, expand global distribution, and streamline operations with integrated secondary trading capabilities.

The acquisition was funded through a private placement by BlockchainK2 and did not involve any insiders or affiliates. According to the company, no formal valuation was conducted or required to support the transaction. Post-acquisition, RealBlocks will continue to focus on B2B services for the investment management industry.

Audited financial statements for RealBlocks for the year ended December 31, 2023, have been filed with the acquisition report, as required under Canadian securities regulations.