PowerBank, Intellistake Technologies announce Bitcoin treasury integration

PowerBank announced a transaction with Intellistake Technologies that involves the intersection of digital assets, energy, and tokenized finance. Intellistake is a technology company bridging traditional capital markets with decentralized AI and blockchain infrastructure, and PowerBank. PowerBank, with Intellistake’s support, intends to accumulate and hold Bitcoin (BTC) on its balance sheet and Intellistake intends to accumulate digital assets that support decentralized AI, such as FET Token. Under the partnership framework, Intellistake will help manage digital asset operations for PowerBank and serve as PowerBank’s supporting partner for security, custody, and treasury management of Bitcoin. Intellistake and PowerBank are evaluating the potential tokenization of PowerBank’s clean energy assets or shares.