Quantum Blockchain Technologies (AIM:QBT) has confirmed the incorporation of BlocKeeper in Malta, advancing a plan first announced in April to spin out a capital-light Bitcoin hash rate business ahead of a proposed listing on the Aquis Stock Exchange Growth Market.
The AIM-listed blockchain research and development company said BlocKeeper will acquire and manage Bitcoin hash rate from miners, brokers and pools under offtake and other contractual structures, bypassing the need for physical mining hardware, energy procurement or facilities.
Commercial negotiations with hashpower providers are underway, though agreements are conditional on the completion of a fundraising and Aquis admission.
A provisional board has been named, subject to due diligence completion, with Alessandro Malacart as chief executive and QBT's own chief executive, Francesco Gardin, serving as non-executive chairman, a structure that links the two entities at board level. Other proposed directors include David Fellah, formerly co-head of quantitative analysis at J.P. Morgan in New York, and Andrea Paulis, currently treasurer at NYSE-listed CNH Industrial.
BlocKeeper also plans to deploy QBT's proprietary AI-driven mining optimisation technologies within its counterparty network once those products become commercially available, representing a potential revenue channel for the parent.
The Aquis listing timeline remains subject to the fundraising outcome.