XTM Inc. Partners with AGORACOM for U.S. Subsidiary Tokenization

An announcement from XTM ( (TSE:PAID) ) is now available.

XTM Inc. has signed a binding Letter of Intent with Dubai-based AGORACOM RWA DBX to facilitate the tokenization of Preferred Shares of its U.S. subsidiary, XTM USA. This initiative aims to unlock non-dilutive capital by leveraging digital asset markets and real-world asset tokenization infrastructure. The tokenization will focus on Preferred Shares in a private subsidiary, not affecting XTM’s common equity or public listing. This move is part of XTM’s strategy to explore innovative funding solutions that align with its long-term growth objectives, potentially opening new capital channels while maintaining operational control. The agreement marks XTM as one of the first publicly listed small-cap companies in North America to pursue such a strategy, signaling a shift in traditional financing models for the small-cap market.

Spark’s Take on TSE:PAID Stock

According to Spark, TipRanks’ AI Analyst, TSE:PAID is a Underperform.

The company’s financial performance is the most significant factor, with ongoing losses and financial instability posing substantial risks. Technical indicators suggest a bearish trend, and valuation metrics highlight unattractive investment prospects.

To see Spark’s full report on TSE:PAID stock, click here.

More about XTM

XTM Inc. is a fintech company that provides real-time payment and earned wage access solutions through its AnyDay™ platform. The company serves the restaurant, hospitality, and gig-economy sectors across North America, enabling workers and contractors to access their earnings instantly via digital wallets and prepaid cards.

Average Trading Volume: 210,598

Technical Sentiment Signal: Sell

Current Market Cap: C$4.72M

Learn more about PAID stock on TipRanks’ Stock Analysis page.