Sky Quarry signs MOU with Continuum Network

Sky Quarry (SKYQ) signed a Memorandum of Understanding with Continuum Network to explore how the Company’s commodities could potentially be represented in blockchain-enabled markets. This collaboration will focus on evaluating the technical, regulatory, and commercial considerations involved in creating a secure and compliant framework for resource-linked commodity tokens. Under the MOU, Sky Quarry and Continuum Network will work together to assess platform architecture, smart contract design, and regulatory requirements, including any necessary SEC review or approval. The work will explore the feasibility of such a system, its potential to open new channels for market participation, and opportunities to strengthen Sky Quarry’s balance sheet through a digital treasury. Continuum Network will bring its expertise in blockchain architecture, identity-linked encryption, and advanced smart contract development to establish a secure and compliant framework for tokenizing real-world assets. The collaboration will be executed in phases: beginning with concept design and regulatory compliance analysis, then advancing to development, pilot deployment, and commercialization, each of which will require a definitive agreement to be executed between the parties. With its permissioned, gasless EVM chain built for transparency, traceability, and regulatory alignment, Continuum provides the institutional-grade infrastructure enterprises, financial institutions, and asset managers need to confidently digitize and manage real-world assets.