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Flexwork Properties ( (TSE:BVCI) ) has provided an announcement.
Blockchain Venture Capital Inc. has entered into a framework agreement with global investment firm Shin Nieh Group to explore creating a jointly owned entity in the British Virgin Islands, with a proposed 49–51 ownership split, to pursue global, compliant real-world asset initiatives in the mining and mineral sectors, TradeFi infrastructure and cross-border payment solutions such as DePay. The contemplated collaboration would draw on BVCI’s proprietary blockchain infrastructure, stablecoin platform and digital asset trading capabilities, while leaving its existing Canadian and U.S. operations unchanged, and the company has also refreshed its long-term equity incentive plan by granting 2 million stock options to directors and staff at an exercise price of $0.20, subject to vesting schedules and regulatory and exchange approvals.
The most recent analyst rating on (TSE:BVCI) stock is a Hold with a C$0.21 price target. To see the full list of analyst forecasts on Flexwork Properties stock, see the TSE:BVCI Stock Forecast page.
Spark’s Take on TSE:BVCI Stock
According to Spark, TipRanks’ AI Analyst, TSE:BVCI is a Neutral.
The score is primarily held down by very weak financial performance (zero revenue, ongoing losses, negative free cash flow, and negative equity with rising debt). Technicals add partial support due to a current uptrend, but overbought indicators and high volatility temper that. Valuation remains unattractive because the company is loss-making and offers no dividend yield.
To see Spark’s full report on TSE:BVCI stock, click here.
More about Flexwork Properties
Blockchain Venture Capital Inc. (BVCI) is an Ontario-incorporated fintech firm registered as a Money Services Business with FINTRAC, specializing in blockchain-based financial infrastructure. Its offerings include BVC Chain, a proprietary distributed-ledger platform; BVCPay, a mobile wallet supporting Bitcoin, Ethereum and its CADT stablecoin; Trillium Coin, an OTC Bitcoin trading service; and CADT, a Canadian dollar-backed stablecoin intended for payments, settlements, digital-asset issuance and ledger services, all subject to required regulatory approvals.
Average Trading Volume: 5,518
Technical Sentiment Signal: Sell
Current Market Cap: C$7.14M
Learn more about BVCI stock on TipRanks’ Stock Analysis page.