Metalpha Technology Holding Limited together with Algos Electronics Corp. has established NOWLIT FinTech Solutions Corp. This strategic partnership paves the way for the Company to establish its crypto business presence in the North American market with goals of expanding the Company's market reach by accessing newly explored local market opportunities, fully compliant with local regulations.

Headquartered in Canada, NOWLIT FinTech Solutions focuses on blockchain fintech advisory and research. Backed by both Metalpha and Algos Electronics, the newly established company will be guided by both companies' extensive experience and geographic footprint in crypto wealth management services and client networks. As the Company's joint venture partner, Algos Electronics focuses on the design, manufacture, and distribution of ASIC and data center equipment and is a trusted solutions provider in both the USA and Canada.

Metalpha, along with Algos Electronics, aims to work closely with NOWLIT FinTech Solutions to develop localized business offerings and market expertise.