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SecureTech secures exclusive license to QSTAK blockchain, forms joint venture, and acquires 15% stake for $4.5M

Company Fundamentals
27 Oct 2026, 15:30 WIB
GlobeNewsWire
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Bullish
SecureTech secures exclusive license to QSTAK blockchain, forms joint venture, and acquires 15% stake for $4.5M

SecureTech Innovations has acquired an exclusive, perpetual worldwide license to QSTAK's blockchain and post-quantum technologies, forming a joint venture called QSTAK Market majority-owned by its subsidiary Piranha Blockchain. The company also purchased a 15% ownership stake in QSTAK for $4.5 million in preferred stock. These moves position SecureTech to commercialize blockchain and quantum-resistant technologies, starting with tokenizing real-world assets. Initial revenue from QSTAK Market is expected this fiscal quarter, marking a key step in SecureTech's expansion into blockchain infrastructure.

SecureTech's recent acquisition of QSTAK's blockchain and post-quantum technology license comes as 83 of 150 Technology-sector US stocks on Pluang rose today. For readers following this sector, here is Pluang's market snapshot as of Oct 27, 2026 18:51 WIB: Credo Technology Group Holding Ltd (CRDO) rose 3.86% to USD 156.99 with a typical hold time of 24 days, Nebius Group NV (NBIS) increased 3.03% to USD 157.92 with a typical hold time of 26 days, while NetEase Inc (NTES) fell 3.67% to USD 113.90 with a typical hold time of 74 days.

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