Core Insights - DelphX Capital Markets Inc. is advancing its Quantem Crypto Securities (QCS) as a fully-collateralized hedging solution in the digital asset sector [1][4] - The recent decline in Bitcoin prices from above US$115,000 to below US$90,000 highlights the need for institutional-grade hedging tools [2][4] - A U.S. primary dealer is evaluating a potential collaboration to implement QCS within its digital-asset infrastructure, indicating growing interest in the product [3] Company Overview - DelphX focuses on developing and distributing structured products, including fixed-income and cryptocurrency solutions through its special purpose vehicle, Quantem LLC [5] - The company offers proprietary products such as Collateralized Put Options (CPOs) and Collateralized Reference Notes (CRNs) to provide protection against rating downgrades and cryptocurrency losses [7] Market Context - The crypto market is characterized by high risk and significant volatility, necessitating sophisticated risk-management tools like QCS for capital preservation and competitive positioning [4] - Institutional adoption of digital assets is accelerating, creating demand for effective hedging solutions [4]

Core Insights - DelphX Capital Markets Inc. is expanding its broker dealer, DelphX Services Corp, to market private placements for public and private growth companies across North America, aiming to generate revenue from fees associated with these engagements while bringing its Credit Rating Securities (CRS) to market [1][3] - The company is developing a new structured product called Quantem Crypto Security (QCS) to address the needs of Qualified Institutional Buyers and corporate treasury strategies in the volatile crypto market, with a rollout expected by late August or early September [2][3] - DelphX anticipates enhanced revenue opportunities through three distinct potential revenue verticals, which will broaden its relevance and credibility in the market [3] Company Overview - DelphX is focused on developing and distributing next-generation structured products, including collateralized put options (CPOs) and collateralized reference notes (CRNs), which provide secured protection for corporate bonds and cryptocurrency holdings [4][7] - The company operates through its special purpose vehicle, Quantem LLC, enabling broker dealers to offer new private placement securities that cater to both fixed income and cryptocurrency solutions [4][5]