NextGen Digital Platforms Announces Letter of Intent for Strategic Investment in Centi Ltd., a Leading Stablecoin Payment Solutions Company

Core Viewpoint - NextGen Digital Platforms Inc. has entered into a letter of intent for a strategic investment in Centi Ltd., a leader in blockchain-powered digital payment solutions, which will enhance NextGen's capabilities in digital infrastructure and provide exclusive rights to operate Centi's technology in North America [1][4][5]. Group 1: Investment Details - NextGen will invest $300,000 into Centi at a pre-money valuation of $7,000,000, resulting in ownership of approximately 4.286% of Centi's issued shares upon closing [5]. - The investment grants NextGen a 60-month exclusive license to deploy Centi's platform in North America and a 24-month option to increase its interest in Centi by up to 50% based on Centi's future valuation [5]. Group 2: Centi's Technology and Market Position - Centi's platform includes consumer mobile applications, merchant processing infrastructure, stablecoin systems, and cross-border payment capabilities, all customizable with partner branding [2]. - The non-custodial wallet design of Centi ensures users maintain direct access to their assets, providing a secure alternative to traditional banking systems, particularly appealing in markets with skepticism towards central bank digital currencies [3]. Group 3: Strategic Importance - This investment aligns with NextGen's mission to bridge digital assets with traditional finance and real-world operations, positioning the company at the forefront of blockchain-driven loyalty, rewards, and digital commerce innovation [5]. - The acquisition is expected to provide NextGen with an immediate foothold in the stablecoin payments space, enhancing its competitive edge in the digital economy [5]. Group 4: NextGen's Business Overview - NextGen Digital Platforms Inc. focuses on bridging traditional finance with decentralized Web3 technologies and operates a hardware-as-a-service business supporting the artificial intelligence sector [7]. - The company aims to develop a diversified portfolio of digital assets and blockchain infrastructure, seeking to democratize access to the digital economy and deliver long-term shareholder value [7].