Metalpha and Algos Electronics Jointly Set up NOWLIT Fintech Solutions

The strategic partnership will further the Company’s business expansion in North America

HONG KONG, April 9, 2024 /PRNewswire/ — Metalpha Technology Holding Limited (Nasdaq: MATH) (the “Company” or “Metalpha”), a global digital asset-focused wealth management company, together with Algos Electronics Corp. (the “Algos Electronics”), has established NOWLIT FinTech Solutions Corp. (the “NOWLIT FinTech Solutions”). 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…