Hyper Bit Technologies Ltd. (CSE: HYPE) (OTC Pink: HYPAF) (FSE: N7S0) has announced the launch of its branded cold storage solution through a new partnership with Tangem AG, effective as of May 21st, 2025. The partnership brings to market a line of branded wallets, NFC-enabled rings, and sleek cardholders, offering users multiple secure and convenient options for storing their digital assets.
Key Highlights of the Partnership
The new product line is designed to make cryptocurrency more accessible and secure for everyday users. By introducing branded cold storage products, Hyper Bit is helping to lower the barriers to entry and enabling users to manage their digital assets with greater ease and confidence. This effort aligns with Hyper Bit’s broader goal of delivering practical tools that encourage wider adoption of crypto technologies.
Security Features
Tangem’s technology has deployed over 2,000,000 wallets without a single reported hack. The company’s secure hardware wallets provide a robust solution for users looking to secure their cryptocurrency holdings.
Hyper Bit’s Plans for the New Products
Hyper Bit plans to use its own cold storage and wallet solution to secure the proceeds from its mining operations, anticipated from its recently announced Letter of Intent (LOI) to acquire 100% of the outstanding shares of DogeCoin Mining Technologies Corp. The LOI, announced on May 20th, 2025, is non-binding in nature, and there can be no guarantee that the acquisition will close as proposed or at all.
Availability of the New Products
The wallets will be made available for purchase on Hyper Bit’s website at www.HyperBit.ca within the next 30 days. Cole Goodwin, COO of the Company, stated, “Launching our own line of branded cold storage products in partnership with Tangem is a natural extension of Hyper Bit’s mission to bring secure, user-friendly crypto solutions to a broader audience.”
About Hyper Bit Technologies Ltd.
Hyper Bit Technologies Ltd. is a forward-thinking, diversified technology company specializing in the acquisition, development, and strategic deployment of crypto mining operations and blockchain-based innovations. The company is committed to unlocking value across the crypto ecosystem while delivering growth for its stakeholders.
Forward-Looking Statements
This news release includes certain statements that may be deemed “forward-looking statements.” These statements are not historical facts and are generally identified by words such as “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential,” and similar expressions. Forward-looking statements in this news release include statements related to the proposed transaction and related matters. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements.
