HyperBlock Inc. is streamlining its operations and will be moving ahead with its planned crypto custody product launch. The company's four Canadian locations — executing on its consolidation plans in Eastern Canada and at its US cryptocurrency datacenter in the Pacific Northwest.

The company announced that it has appointed finance expert Brent Arsenault as the company's new Interim Chief Financial Officer. Before joining HyperBlock, Arsenault was director of finance at Brio Gold Inc., where he was an integral contributor to the successful completion of the company's initial public offering, having led all financial statement filings, financial planning, analysis and internal audit requirements.