- Business
- DLTx ASA operates as a project investment company focused on the mining sector and the digital and blockchain sectors; it identifies and supports projects, teams, and companies within the decentralized economy to advance open-source public distributed ledger technologies. The company targets top-tier blockchain and decentralized platforms, protocols, exchanges, and wallets; its main assets include the Filecoin-based data center File Storage Partners, a portfolio of interests in distributed ledger technology businesses and assets, and a claim for repayment of debt from its prior mining operations. Founded in 1996 and headquartered in Oslo, Norway, DLTx ASA listed on the Oslo Stock Exchange in 2006 under ticker DLTX (OTC: DLTXF) and conducts operations primarily in Europe with historical interests in North American mining and global Web3 infrastructure. In April 2023, the company exited its Filecoin and blockchain segment by selling all foreign operating subsidiaries, including Storify and Helix partnerships, to a buyer controlled by its chairman James Haft and other executives, significantly reducing debt and enabling a streamlined structure for new strategic initiatives amid market downturns. Previously a vertically integrated Web3 technology firm deploying decentralized cloud computing, green Bitcoin mining, and data relay services, DLTx ASA pivoted from direct operations to investment activities following the 2023 divestiture and a failed 2022 Nasdaq merger attempt with Blockchain Moon Acquisition Corp.