OpenWorld, Inc. (NASDAQ: OPNW) ("OpenWorld" or the "Company"), an innovation company advancing global real-world asset ("RWA") tokenization, today announced that it intends to acquire Blocksight Holdings Co. ("Blocksight"), subject to final approval by the OpenWorld Board of Directors and the execution of definitive transaction documentation. Blocksight is a platform that builds AI agents designed to bring real-world assets on-chain and provide ongoing investor reporting. The proposed acquisition is expected to support the continued development of OpenWorld Enterprise, a platform being developed by OpenWorld through which institutions can access, verify, and hold tokenized RWA opportunities in which OpenWorld may act as a co-principal and co-architect. The parties are in the process of finalizing definitive transaction documentation, and there can be no assurance that such documentation will be executed or that the proposed acquisition will be completed.
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