- CEO
- Donato Sferra
- Full Time Employees
- 3
- Sector
- Finance
- Industry
- Investment banks/Brokers
- Address
- 40 King Street West Toronto ON Canada M5H 3Y2
- IPO Date
- Dec 17, 2024
- Business
- Matador Technologies Inc. (TSXV:MATA) operates as a Bitcoin ecosystem company that develops and maintains a digital gold platform leveraging blockchain technology to digitize real-world assets such as physical gold inscribed as Bitcoin Ordinals; it also functions as a product launchpad for new Bitcoin-related projects and pursues partnerships within the Bitcoin ecosystem to expand Bitcoin's role as a financial and computing platform. The company, founded in 2021 and headquartered at 40 King Street West, Suite 2400, Toronto, Ontario, Canada, targets digitally native investors seeking exposure to gold and digital assets through mobile applications that enable users to buy, sell, trade, and store one-gram gold units and related products on a 24/7 basis. Matador focuses on industries including blockchain, digital finance, and real-world asset tokenization, with operations centered in Canada and strategic expansions into markets like India.
In recent developments, Matador has aggressively accumulated Bitcoin as its primary treasury asset, more than doubling holdings from 82 to 175 bitcoin equivalents through multiple purchases including 5.38 bitcoin for C$798,000 and additional 3.46 bitcoin, alongside an initial USD$10.5 million draw and amendments to a USD$100 million secured convertible note facility with ATW Partners in November 2025 to fund further acquisitions. The company entered a binding letter of intent in May 2025 to invest up to USD$3.2 million in Indian technology firm HODL Systems for a potential 24.95% stake and a licensing agreement to distribute its digital gold and Ordinals technology in India, tapping into the world's largest private gold market. Additional initiatives include a January 2025 market-making services agreement with Independent Trading Group to enhance trading liquidity on Canadian exchanges and the launch of Matador Gold combining physical gold with Bitcoin blockchain capabilities.