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DelphX Capital Markets ( (TSE:DELX) ) has issued an announcement.
DelphX Capital Markets has signed a non-binding letter of intent with Belgravia Hartford Capital to pursue what is expected to be the first commercial transaction of its Quantem Crypto Security, a collateralized put option aimed at protecting corporate Bitcoin treasury reserves, while Belgravia is also expected to advise on program documentation, compliance and onboarding ahead of the product’s launch. The company is simultaneously managing a leadership change as former CFO Bill Hahn departs and past CFO Simon Selkrig returns to the role from January 1, 2026, and has granted 2,875,000 stock options with a two-year term at an exercise price of $0.08, signalling ongoing efforts to advance its strategic initiatives and align management and participants with shareholder interests.
Spark’s Take on TSE:DELX Stock
According to Spark, TipRanks’ AI Analyst, TSE:DELX is a Underperform.
DelphX Capital Markets faces substantial financial difficulties, with negative revenue and profitability, and a distressed balance sheet. While technical analysis shows some short-term positive momentum, the lack of profitability and poor valuation metrics weigh heavily on the stock’s overall score. The absence of notable earnings call data or corporate events leaves the financial performance and valuation as the primary determinants of the low score.
To see Spark’s full report on TSE:DELX stock, click here.
More about DelphX Capital Markets
DelphX Capital Markets Inc. is a technology and financial services firm specializing in next-generation structured financial products. Through its special purpose vehicle Quantem LLC, the company enables broker-dealers to distribute proprietary private placement securities that provide fixed-income and cryptocurrency-based risk management solutions. Its key offerings include fully collateralized Collateralized Put Options (CPOs), which protect against corporate bond rating downgrades and losses on cryptocurrency holdings, and Collateralized Reference Notes (CRNs), which allow investors to assume capped exposure to such risks in exchange for higher returns, with all instruments custodied by U.S. Bank.
YTD Price Performance: -67.86%
Average Trading Volume: 76,207
Technical Sentiment Signal: Sell
Current Market Cap: C$9.62M
See more data about DELX stock on TipRanks’ Stock Analysis page.