Finance · Crypto
LAKE MARY, Fla., October 18, 2026 - OpenWorld, Inc. (“OpenWorld” or the “Company”) (NASDAQ: OPNW), an innovation company advancing global real-world asset (“RWA”) tokenization, today announced the signing of a definitive merger agreement to acquire Blocksight and outlined how its acquisition of Blocksight Holdings Co. (“Blocksight”), announced on October 1, 2026, is intended to serve as the operating foundation for the Company’s tokenized financing programs in infrastructure and energy. Blocksight builds AI agents that bring real-world assets on-chain, automating deal structuring, asset data verification, investor onboarding, daily investor reporting and ongoing investment servicing, with human approval required at key decision points. Upon completion of the acquisition, these agents are expected to be integrated into OpenWorld Enterprise, the platform through which OpenWorld structures, administers and reports on tokenized RWA programs.
In the two weeks since the Blocksight announcement, OpenWorld has announced two tokenized financing programs that OpenWorld Enterprise is expected to structure and service. On October 7, 2026, the Company entered into a non-binding term sheet with BeyondAI for a proposed intellectual property-backed transaction of up to $130 million, under which digital tokens would represent investors’ rights to payments backed by eligible BeyondAI intellectual property. On October 15, 2026, the Company entered into a non-binding term sheet with Meridian to establish a tokenized financing program of up to $1 billion to fund a distributed AI computing network powered by on-site solar energy and residential battery storage, with an expected initial deployment planned for 10,000 homes. Together, the three announcements describe a single model: one platform, one agentic workflow, applied across asset classes.
Key Highlights
One platform, one repeatable model: OpenWorld Enterprise is the structuring, administration and reporting layer for each program. Blocksight’s agents are intended to become the orchestration layer inside that platform, so that each new program reuses the same verification, onboarding and reporting infrastructure rather than rebuilding it.
Agentic workflow with human approval: Blocksight’s agents are expected to cover five stages of a tokenized financing: deal structuring, asset data verification, investor onboarding, daily investor reporting and ongoing servicing. People approve the decisions that matter at each stage.
Applied to intellectual property (BeyondAI): In an IP-backed structure, the agents are expected to verify eligible patents and software rights, onboard investors and report daily on the payment streams that back the tokens, while BeyondAI retains control of its technology.
Applied to energy and computing infrastructure (Meridian): In a distributed network of residential battery storage, solar panels and AI computing equipment across thousands of properties, the agents are expected to ingest equipment performance data via IOT devices, reconcile hosting payments and AI inference revenue, and deliver investor reporting on the underlying assets.
Team: The Blocksight co-founders Patrick Kim and Peter Hong are expected to join OpenWorld upon closing of the merger.
“We want to build a model in which the Blocksight acquisition provides the foundation for our tokenization work in infrastructure and energy,” said Matt Shaw, CEO of OpenWorld. “We expect our proposed transaction with BeyondAI to demonstrate that industrial AI intellectual property can be structured as financeable collateral. Our term sheet with Meridian extends that same model to physical assets: Tesla Powerwall residential battery storage, solar generation and AI compute nodes across thousands of properties. Programs of that size cannot be verified, onboarded and reported on by hand. Blocksight’s agents are how we intend to do it at scale, with people approving every decision that matters.”
From Transaction to Platform
Tokenizing a real-world asset is not a single event. Each program requires the underlying assets to be structured into a financeable form, the data behind those assets to be verified, investors to be onboarded and documented, performance to be reported on a continuing basis, and payments to be serviced over the life of the structure. Performed manually, each of these steps limits how many programs a platform can run and how large each program can be.
Blocksight was built to automate that lifecycle. Its agents structure deals, verify asset data, onboard investors, produce daily investor reporting and service investments on an ongoing basis, with humans required for key decisions. After the closing of the merger, OpenWorld intends to make this workflow the standard operating layer of OpenWorld Enterprise, so that the Company can take on larger programs, across more asset classes, with consistent verification and reporting for investors.
Applying the Model: BeyondAI
Under the October 7, 2026 term sheet, OpenWorld would provide transaction structuring, tokenization, technology integration, reporting infrastructure and operational services for a proposed IP-backed transaction of up to $130 million. Each token would represent an investor’s rights to payments backed by eligible BeyondAI intellectual property, such as patents and software rights. The proposed arrangement is a financing backed by IP rights, not a sale of BeyondAI’s technology, and BeyondAI would retain control of its technology.
Within this structure, Blocksight’s agents are expected to support the verification of eligible intellectual property, the onboarding of investors and the daily reporting on the payment streams that back the tokens.
Applying the Model: Meridian
Under the October 15, 2026 term sheet, OpenWorld would serve as advisor, structuring agent and services provider for a tokenized financing program of up to $1 billion, and OpenWorld Enterprise would finance and operate the orchestration of a distributed AI computing network. Meridian holds purchase rights to Tesla Powerwall residential battery storage systems for the program and would own the storage assets within the structure. Residential battery storage, solar panels and AI computing equipment form the asset base. The initial deployment is planned for 10,000 homes, with larger installations at local schools, hospitals and commercial campuses. Initial installations are scheduled to begin in the fourth quarter of 2026, with the first commercial site targeted for the first quarter of 2027.
A program of this kind produces a continuous stream of operating data from thousands of sites: equipment performance, energy generated and stored, computing capacity delivered to AI inference providers, and payments owed to participating hosts. Blocksight’s agents are expected to ingest that data, reconcile it against the financing structure and provide investors with reporting on the underlying assets through OpenWorld Enterprise.
Transaction Status
The term sheets with BeyondAI and Meridian are non-binding, except for the provisions expressly stated to be binding, and each proposed transaction remains subject to the completion of confirmatory due diligence, negotiation and execution of definitive documentation, satisfaction of applicable conditions and completion of the contemplated transaction. In addition, the acquisition of Blocksight remains subject to the satisfaction or waiver of customary closing conditions. There can be no assurance that any of these transactions will be consummated on the terms described or at all.
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “believes,” “continue,” “expect,” “plan,” “could,” “contemplate,” “may,” “will,” “should,” “would,” “intend,” “potential,” “designed,” and other words of similar meaning. Examples of forward-looking statements include, among others, statements regarding the acquisition of Blocksight, whether the OpenWorld Board of Directors will approve the acquisition, whether definitive transaction documentation will be executed, the anticipated timing, structure and benefits of the acquisition, the satisfaction or waiver of any closing conditions, the integration of Blocksight and its technology into OpenWorld Enterprise, the expected roles of Blocksight’s founders following closing, the integration of Blocksight’s technology into OpenWorld Enterprise, the proposed transactions with BeyondAI and Meridian, and the size, timing and structure of those programs and the ability of OpenWorld to realize the anticipated strategic and operational benefits of the proposed acquisition and proposed transactions. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on OpenWorld’s current beliefs, expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside OpenWorld’s control. Actual results and outcomes may differ materially from those indicated in the forward-looking statements. Therefore, you should not place undue reliance on any of these forward-looking statements. Important factors that could cause actual results and outcomes to differ materially from those indicated in the forward-looking statements include, among others, the following: (1) the possibility that the OpenWorld Board of Directors does not approve the proposed transactions that the parties do not execute definitive transaction documentation; (2) the occurrence of any event, change or other circumstance that could cause the proposed transactions not to be completed, including the failure to obtain any necessary approvals or satisfy or waive applicable closing conditions; (3) the institution or outcome of any legal proceedings that may be instituted against OpenWorld, Blocksight, Meridian or BeyondAI following the announcement of the proposed transactions; (4) the risk that the proposed transactions disrupts current plans and operations as a result of the time it diverts from management; (5) OpenWorld’s ability to realize the anticipated benefits of the proposed transactions and successfully integrate Blocksight’s, Meridian or BeyondAI’s business, personnel and technology if the transactions are completed; (6) the risk that tokenized securities may face increased regulatory scrutiny and may not be broadly accepted by the market; (7) costs related to the proposed transaction; (8) changes in applicable laws or regulations; and (9) the risks and uncertainties described in OpenWorld’s Annual Report and Quarterly Reports filed with the SEC, including under the heading titled “Risk Factors.”
OpenWorld cautions investors not to place undue reliance on the forward-looking statements contained in this press release. You are encouraged to read OpenWorld’s filings with the SEC, available at www.sec.gov, for a discussion of these and other risks and uncertainties. The forward-looking statements speak only as of the date of this press release, and OpenWorld undertakes no obligation to update or revise any of these statements except as required by applicable law. OpenWorld’s business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should consider these risks and uncertainties. OpenWorld does not give any assurance that definitive transaction documentation relating to the acquisition of Blocksight or the proposed transactions with Meridian and BeyondAI will be executed, that the acquisition or transactions will be completed or that OpenWorld will achieve its expectations and objectives, financial or otherwise, even if the proposed acquisition or transactions are completed.
About OpenWorld
OpenWorld, Inc. (NASDAQ: OPNW) is a technology-powered digital assets and blockchain innovation company that co-architects and takes principal positions in enterprise blockchain initiatives alongside sovereign governments, institutional partners and major enterprises. Since its founding in 2023, OpenWorld has advised on projects representing over $66 billion in aggregate network value and supported more than 20 companies backed by leading global venture firms, including a16z, Multicoin Capital, Dragonfly and Founders Fund. OpenWorld’s capabilities span real-world asset tokenization, stablecoin infrastructure, capital markets advisory, governance structuring and public markets strategy, with active engagements across the United States, Gulf, Europe, Southeast Asia and Africa. To learn more, visit openworld.dev and follow OpenWorld on X at @_openworld.
About Blocksight
Blocksight Holdings Co. builds AI agents that bring real-world assets on-chain. Its agents automate deal structuring, asset data verification, investor onboarding, daily investor reporting and ongoing investment servicing, with human approval required at key decisions. Blocksight was co-founded by Patrick Kim and Peter Hong.
Investors:
ir@openworld.dev
Media:
Gasthalter & Co.
Phone: (212) 257-4170
Email: openworld@gasthalter.com
Oct 19 · 00:00·ACN Newswire
Finance · Industrial
New York, New York--(October 18, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds open market purchasers of common stock of Honeywell Aerospace Inc. (NASDAQ: HONA) between June 29, 2026 and September 1, 2026, both dates inclusive (the "Class Period"), of the important November 23, 2026 lead plaintiff deadline.SO WHAT: If you purchased Honeywell Aerospace common stock on the open market during the Class Period you may be entitled to compensation without...
Oct 18 · 23:34·Newsfile
Real estate · Industrial
MILAN, October 18, 2026--Regulatory News: Kaleon S.p.A. (Paris:ALKLN) (MIL:KLN) announces with deep sorrow the passing of its Chairman of the Board of Directors, Vitaliano Borromeo. An entrepreneur with extensive experience in the industrial, real estate and financial sectors, since 2011 he had dedicat
Oct 18 · 21:07·Business Wire
Finance · Industrial
Financing supports Antheia's domestic manufacturing strategy to onshore critical medicine supply chains MENLO PARK, Calif., Oct. 18, 2026 -- Antheia, the advanced biosynthesis company delivering 21st-century pharmaceutical manufacturing and innovation, today announced it has...
Oct 18 · 16:34·PR Newswire
Industrial · Aerospace & defense
New class action for Honeywell (HONA) urges investors to seek recovery for alleged securities fraud violations – lead plaintiff deadline of 11/23/2026
Oct 18 · 16:00·GlobeNewswire
Retail · Industrial
GUANGZHOU, China, Oct. 18, 2026 -- Phase 1 of the 140th Canton Fair, themed "Advanced Manufacturing," opened on October 15 and will run through October 19. As one of the event's most closely watched sections, the Consumer Electronics and Information Products zone once again...
Oct 18 · 11:00·PR Newswire
Finance · Industrial
NEW YORK, Oct. 18, 2026 --
WHY: Rosen Law Firm, a global investor rights law firm, reminds open market purchasers of common stock of Honeywell Aerospace Inc. (NASDAQ: HONA) between June 29, 2026 and September 1, 2026, both dates inclusive (the “Class Period”), of the important November 23, 2026 lead plaintiff deadline.
Oct 18 · 10:12·GlobeNewswire
Energy · Industrial
ZHOUSHAN, China, October 18, 2026--On October 13, 2026, the world's first commercial ship-to-ship bunkering of green ammonia fuel was completed at an anchorage in Zhoushan Port, Zhejiang Province, China. A total of 1,000 tonnes of green ammonia from the HyFlow-1 Songyuan Hydrogen Energy Industrial Park
Oct 18 · 08:03·Business Wire
Industrial
TMG Industrial's PVC 900 fabric covers recorded zero seconds of afterflame across all 10 samples tested under NFPA 701, supporting safer storage shelters for agricultural and industrial users.
Oct 18 · 07:00·24-7 Press Release
Finance · AI
Hong Kong, Oct 18, 2026 - Megaannum Capital Limited (“Megaannum Capital”), the venture capital platform of the Hong Kong SAR based Megaannum Group, held a signing ceremony at The Peninsula Hong Kong with – Beijing Zhongke Xianxing Venture Capital Management Co., Ltd. (“Zhongke Xianxing Venture Capital”), a venture capital platform under the Chinese Academy of Sciences, the People’s Republic of China. The two parties intend to jointly establish a pre-IPO private equity fund with a target size of RMB1 billion.
Ms Joyce Lee, Chairwoman of the Megaannum Group (front row, left), and Dr Biao Li, Partner of Zhongke Xianxing Venture Capital (front row, right), signed the strategic cooperation agreement at the ceremony. Mr Alan Chan, representative of Megaannum Technology (back row, first from left); Dr Sam Shiu, representative of Megaannum Asset Management (back row, second from left); Mr Henry Hui, representative of Megaannum Capital (back row, first from right); and Mr Dixon Chan, representative of Megaannum Group (back row, second from right), witnessed the signing ceremony.
Ms Joyce Lee, Chairwoman of Megaannum Group, said, “This collaboration marks a significant milestone in our shared vision to leverage capital as a catalyst for nurturing and exploiting the potential of cutting-edge technological innovation. By combining resources across different regions, this partnership aims to accelerate the commercialisation of research achievements, effectively bridging the gap between scientific discovery and market application. We are honoured to be appointed as a strategic partner of Zhongke Xianxing Venture Capital. The new fund is designed to provide comprehensive structured financing support bringing sophisticated, advanced technological achievements from the laboratory to the marketplace and at the same time serving as a springboard for the global expansion of companies incubated by the Technical Institute of Physics and Chemistry of the Chinese Academy of Sciences and affiliated institutes. By leveraging Hong Kong’s established role as a premium hub and a bridge between the Chinese Mainland and international capital markets, Megaannum Group strives to provide a vital channel for companies possessing core technologies and strong growth. Our goal is to assist these innovators in accelerating their commercialisation and scaling up efforts on a global stage.”
Dr Biao Li, Partner of Zhongke Xianxing Venture Capital, said, “This partnership with Megaannum Group and the Technical Institute of Physics and Chemistry of the Chinese Academy of Sciences represents a powerful synergy between premier scientific capabilities and the dynamic Hong Kong capital market. Leveraging the Institute’s extensive portfolio of cutting-edge research achievements and Megaannum Group’s expertise in international capital markets, the collaboration bridges the gap between scientific discovery and commercial application. By harnessing Megaannum’s ecosystem as an integrated financial technology group, the partnership provides market-oriented, professional support to high-potential technology projects. Together, the parties will pool their strengths in scientific research, industry and capital to facilitate the transition of outstanding research projects from the laboratory to the marketplace, while paving the way for global expansion. This initiative aims to deepen the integration of industry, academia and research, injecting fresh momentum into technological innovation and industrial development.”
Through this strategic partnership, Megaannum Group will leverage its integrated ecosystem to provide comprehensive support to the fund. The Group’s diversified portfolio encompasses Megaannum Capital, which focuses on private equity and venture capital investments; Megaannum Asset Management, which provides institutional and wealth asset management services; Megaannum Technology, which offers technology infrastructure and commercialisation support; and Megaannum AI Solutions, which specialises in proprietary artificial intelligence and algorithmic capabilities. By synergising its core strengths in “capital + resources + technology”, the Megaannum Group aligns its capabilities with the fund’s investment strategy to deliver holistic value to portfolio companies, with a support structure that combines capital injection, industry resources, technological empowerment and commercialisation support designed to strengthen market expansion and operational capabilities. Ultimately, this partnership aims to accelerate the commercialisation of technological achievements and support innovative enterprises in achieving high-quality, scalable growth.
Megaannum Capital Limited
Megaannum Capital Limited specialises in growth-stage and pre-IPO investments within the technology sector. Deeply embedded in China’s industrial and technology ecosystems, the firm leverages a robust capital network across the Middle East, Southeast Asia and other emerging markets to drive cross-border value creation.
Megaannum Group is an integrated financial technology group that synergises capital, technology and artificial intelligence. As the holding company of Megaannum Capital, the Group serves as a vital bridge connecting institutional capital with high-quality technological assets, industrial resources and cross-border growth opportunities. Through a unique combination of professional investment strategies, proprietary AI systems, and customized solutions, Megaannum Group is dedicated to creating long-term, sustainable value for its clients and partners. The Group’s ecosystem comprises four core business segments — Megaannum Capital, Megaannum Asset Management, Megaannum Technology and Megaannum AI Solutions — covering private equity, asset management, technological innovation and artificial intelligence applications. By leveraging deep synergies across the pillars, the Group promotes technological innovation, industrial upgrading and sustainable development.
Beijing Zhongke Xianxing Venture Capital Management Co., Ltd.
Beijing Zhongke Xianxing Venture Capital Management Co., Ltd. is a hard-tech industry operation and investment platform jointly initiated by leading Chinese research institutes and professional investors. Focusing on the commercialisation of technological achievements from the Technical Institute of Physics and Chemistry of the Chinese Academy of Sciences and affiliated institutes, it has developed a “1+3+N” model. With a mission to serve technological innovation and generate capital appreciation, it provides entrepreneurs with industry planning and investment empowerment, integrates high-quality projects and upstream and downstream resources for partners, and builds an influential ecosystem for industrial investment and financing services. In coordinating resources across CAS institutes, Zhongke Xianxing Venture Capital has advanced fund cooperation with the University of Chinese Academy of Sciences and the Aerospace Information Research Institute. It has also received honours including a place among the Top 10 University and Research Institution Investment Organisations in the “Foresight 2026” rankings and recognition as the University of Electronic Science and Technology of China’s Most Influential Alumni Venture Capital Institution.
The Chinese Academy of Sciences is China’s highest academic institution in science and technology, a national science and technology think tank and a strategic national force in basic science research and integrated high-tech research. Established in 1949, the Chinese Academy of Sciences operates as a public institution directly under the State Council.
Media Enquiries
Strategic Financial Relations Limited
Mandy Go / Vivienne Leung / Iris Au Yeung
Tel: +852 2864 4812 / 2864 4862 / 2114 4913
Email: sprg.megaannum@sprg.com.hk
Oct 18 · 04:00·ACN Newswire
AI · SaaS
Ontario, California Sunday Oct 18, 2026 @ 3:00 AM UTC —
As food processors, distributors, and non-food manufacturers review their packaging lines, the chamber vacuum sealer remains a common choice for operations that need controlled air removal and consistent seals. Promarksvac Corp., a manufacturer of commercial vacuum packaging machines based in Ontario, California, is outlining the factors that typically shape equipment selection in this category.
How a Chamber Vacuum Sealer Works
A chamber vacuum sealer places both the product and its pouch inside a sealed chamber. Air is removed from the entire chamber rather than drawn out of the pouch through a nozzle, and the pouch is heat sealed before the chamber returns to normal pressure. Because pressure inside and outside the pouch stays balanced during the cycle, this method is widely used for products containing liquids or moisture, such as marinated proteins, brined products, and prepared meals.
Configurations and Operational Fit
Chamber machines are built in several formats. Tabletop models suit smaller kitchens, retail meat counters, and lower-volume production. Single-chamber floor models are used where larger products or higher daily volumes are involved. Double-chamber designs allow an operator to load one chamber while the other completes its cycle, which can matter in continuous production settings. Belt-type and nozzle-type machines address other workflows within the broader vacuum packaging equipment category.
Factors Buyers Commonly Evaluate
Packaging managers comparing commercial vacuum packaging machines generally weigh several practical points:
Chamber dimensions and seal bar length relative to product and pouch size
Pump capacity and cycle time relative to daily volume
Compatibility with the pouch material and thickness in use
Cleanability and hygiene requirements for the production environment
Applicable electrical and sanitation certifications
Availability of spare parts, manuals, and technical support
Company Background
Promarksvac Corp. has manufactured vacuum packaging machines and food processing equipment since 1989. The company’s range of industrial vacuum packaging equipment includes tabletop, single-chamber, double-chamber, belt, and nozzle-type machines. Selected systems are equipped with Busch vacuum pumps and are available with applicable UL, ETL, and NSF certifications. The company also offers rollstock packaging machines, MAP tray sealers, commercial shrink tanks, heat sealers, vacuum seal bags, and spare parts. Its processing equipment includes vacuum tumblers, brine injectors, and piston stuffers.
Promarksvac equipment is designed for applications involving meat, poultry, seafood, cheese, and ready-to-eat meals, as well as medical and healthcare packaging. Manufactured in the USA and shipped worldwide, the company is the parent of Foodmax, Profood, and the Promarks Heat Seal Division.
Product information, machine manuals, and demonstration videos are available at https://promarksvac.com.
About Promarksvac Corp.
Promarksvac Corp. is a manufacturer of commercial vacuum packaging machines and processing equipment for food and non-food industries. The company is located at 1915 E. Acacia Street, Ontario, CA 91761, USA.
Media Contact
Promarksvac Corp.
Phone: (909) 923-3888
Email: Email Contact
Website: https://promarksvac.com
Oct 18 · 03:00·Newsworthy.ai
Automotive · Industrial
Week 91: Rallies, manufacturing investments, prosecuting fraud & illegal voting, crackdowns on scam networks & child exploitation, flying Tesla Roadster.
Oct 18 · 00:46·GlobeNewswire