Bonk, Inc. Welcomes Strategic Partner TenX Protocols Following Public Debut and Acquisition of ~220 Billion BONK Digital Assets

Core Insights - TenX Protocols Inc. has made a significant entry into the BONK ecosystem by acquiring approximately 219.7 billion BONK digital assets, reinforcing the institutional treasury thesis for this asset class [2][3] Group 1: Company Developments - TenX has established a strategic partnership with BONK Contributors and executed a substantial treasury acquisition, marking a major institutional milestone for the asset class [1][3] - The acquisition of BONK assets was achieved through a combination of open-market and over-the-counter purchases at an average cost of approximately US$0.00001138 per unit [2] - TenX's entry into the ecosystem is seen as a validation for Bonk, Inc. shareholders, indicating that other public companies are investing in the same asset class that supports Bonk, Inc.'s treasury strategy [3] Group 2: Leadership Statements - Mat Cybula, Co-Founder of TenX, expressed excitement about launching TenX as a public company alongside BONK Contributors, highlighting the strong community and real on-chain activity within the BONK ecosystem [4] - Jarrett Boon, CEO of Bonk, Inc., described TenX's acquisition of BONK as a watershed moment, emphasizing that it confirms the asset's transition from the fringe to the balance sheets of regulated entities [4] Group 3: Company Backgrounds - TenX Protocols Inc. debuted on the TSX Venture Exchange on December 10, 2025, after successfully closing CAD 29.9 million in subscription receipt financings [4] - Bonk, Inc. aims to bridge traditional public markets with the digital asset ecosystem, focusing on acquiring revenue-generating assets in decentralized finance and operating a beverage division [5]