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IN BRIEF: Quantum Blockchain signs NDA with ASIC chipmaker

9th Apr 2025 16:49

Quantum Blockchain Technologies PLC - London-based, blockchain sector-focused investor - Signs a non-disclosure agreement with an unnamed "leading" manufacturer of ASIC chips for bitcoin mining, following its attendance at the Mining Disrupt 2025 conference.

The AIM-listed firm will present its Method C AI Oracle technology to the manufacturer in April, after which the partner will test the solution's performance on its chip architecture. Testing will be supervised by a member of QBT's research team. Chief Executive Officer Francesco Gardin says: "This NDA, on the back of a successful conference in Florida last week, is another step closer to third-party endorsement and ultimately, a commercial deal."

Current stock price: 0.65 pence, down 0.8% on Wednesday afternoon in London

12-month change: down 44%

By Eva Castanedo, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.


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