Toronto, Ontario — March 2, 2026 — Leads & Copy — TenX Protocols Inc. (TSXV: TNX) has entered into an advisory agreement with Alex Tapscott, who will serve as a strategic advisor to the company.
Tapscott brings experience across blockchain technology, capital markets, and corporate strategy. His appointment strengthens TenX’s advisory bench as the company continues to scale its validator operations, expand ecosystem partnerships, and advance its long-term growth strategy.
Tapscott is a thought leader in blockchain technology and digital assets and is a capital markets professional. He is the co-author of the book Blockchain Revolution and a co-founder of the Blockchain Research Institute. He is also the author of the Wall Street Journal best-seller, Web3: Charting the Internet’s Next Economic and Cultural Frontier. As an advisor to TenX, he will provide guidance on industry trends, institutional adoption, and long-term positioning within the global digital asset ecosystem.
Tapscott will provide advisory services to the company with respect to corporate strategy, the digital asset sector, corporate finance, and other matters ancillary thereto. The advisory agreement has an initial term of 12 months commencing on December 31, 2025.
TenX has agreed to pay Tapscott total advisory fees of C$160,000 for services provided during the term. Up to C$60,000 of Tapscott’s compensation may be paid, at the company’s election, in cash or in common shares in the capital of the company, subject to applicable regulatory approvals. Tapscott was also granted 850,000 stock options to purchase shares. The stock options vest over a 21-month period, and each stock option is exercisable at a price of C$0.28 per share. The stock options expire upon the tenth anniversary of the effective date, subject to the terms of the company’s stock option plan.
The price of any shares issued to Tapscott will be based on the 10-day volume-weighted average price of the shares on the day that is two business days before the day the particular payment becomes due and payable. Any shares issued pursuant to the advisory agreement will be subject to a four-month and one-day hold period in accordance with applicable Canadian securities laws. Tapscott is considered an arm’s-length party to the company.
Mat Cybula of TenX said that Tapscott brings perspectives and expertise that align well with TenX’s mission and growth strategy and that his insights will be invaluable as TenX continues to build infrastructure across blockchain networks.
TenX is a technology company focused on generating recurring revenue from the crypto asset economy. The company operates staking infrastructure, seeks to earn cash flow from its inventory of crypto assets, and provides infrastructure, advisory, and development services across high-throughput blockchain networks. Through staking, hosted solutions, and strategic protocol partnerships, TenX gives public market investors exposure to the growth of next-generation blockchains and the broader Web3 ecosystem.
To learn more about TenX, visit www.tenx.inc.
Source: TenX Protocols Inc.
