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Press Release

First Block, Onpharma Company, and Crito Capital Announce First Solana Sto for U.S. Medical Device Business

Published

2 months ago

on

London, United Kingdom, June 17th, 2026, Chainwire

Landmark transaction brings real operating company equity to Solana-based tokenised capital formation  

First Block deploys next-generation digital securities architecture for real- world operating business 

Onpharma’s medical device technology for dentistry brings recurring revenue, high gross margins and a significant market opportunity to a tokenised capital raise 

This offering is available for investment at sto.onpharma.com  

First Block, Inc., a digital securities and tokenisation infrastructure company, together with Onpharma Company (Delaware) and UK-based Crito Capital LLP, today announce the launch of what is believed to be the first Solana-based Security Token Offering (“STO”) for an established U.S. operating business, a structural turning point in the modernisation of global private markets. 

The Tokenisation Framework 

The STO deploys Solana blockchain infrastructure combining atomic settlement technology, programmable ownership architecture, and digital distribution capabilities, structured within existing U.S. securities law. Where traditional private markets have struggled with fragmented, multi-intermediary processes, the tokenised framework enables issuance, settlement, and cross-border distribution to qualified investors quickly, transparently, and at low cost. Secondary transactions occur on-chain across compatible wallets subject to KYC controls, delivering near-instantaneous settlement, secondary trading liquidity, and international accessibility under Regulation S and other applicable frameworks. 

The STO Structure 

A Security Token Offering represents and transfers ownership rights in a company’s common stock via blockchain-based digital tokens rather than traditional share registers. The Onpharma STO is structured as a Regulation S offshore issuance to non-U.S. investors, combining the legal certainty of an exempt securities offering with the operational efficiency of Solana infrastructure, settling and distributing at speed and cost traditional private markets cannot match. 

Onpharma: The Investment Case 

Onpharma occupies a distinctive position in global dental technology. Its Onset EZ local anaesthetic buffering product is already used to buffer millions of dental injections annually, addressing the slow, uncomfortable, and unreliable performance of dental local anaesthetic that has remained largely unsolved for decades. The Onset EZ Pen requires no assembly or specialist training, integrating directly into existing workflows for an improved patient experience. 

Onpharma sits at a post-validation, pre-scale inflection point: infrastructure, supply chain, regulatory compliance, and initial commercialisation are complete, while the growth phase is beginning. Septodont’s February 2025 market entry has validated anaesthetic buffering as an emerging standard of care, reducing category risk and increasing awareness. The disposable Onset EZ Pen provides operational leverage through scalable direct marketing, customer conversion, and repeat consumable revenue. The global dental anaesthesia buffering market is valued at $2bn and projected to reach $2.65bn by 2030. Capital raised will extend field sales and expand direct selling via the company’s recently deployed AI marketing tools. 

The Infrastructure 

First Block’s digital securities architecture underpins the transaction from issuance and compliance through to Solana-based settlement and distribution, compressing conventional private placement infrastructure, fragmented custodial arrangements, manual processing, multi-intermediary chains, into a single programmable, blockchain-enabled system built for the scale, speed, and wallet-level accessibility international investors increasingly require. Crito Capital LLP, an FCA-authorised investment banking and advisory platform focused on institutional capital formation, is providing structuring and advisory for the offering. 

“This is larger than a traditional financing,” said Daniel P. Cannon, CEO of First Block. “We believe this transaction represents the beginning of the convergence between capital markets and Solana-based securities infrastructure. The STO itself is the story, but it starts with a real operating company, a real product, and exceptional revenue growth potential.” 

“Onpharma has spent years building a real operating business around a simple clinical objective: making local anaesthetic better for dentists and patients,” said Matt Stepovich, Onpharma’s CEO. “This offering allows us to present a validated, revenue-generating medical device platform to a wider base of qualified international investors via a structure that reflects how capital markets are evolving. Combining Onpharma’s real-world commercial traction with First Block’s Solana-based securities infrastructure is an important step in making growth capital formation more efficient, accessible and transparent.” 

Additional details regarding offering structure and participation frameworks are available on the landing page for the STO offering linked here – sto.onpharma.com 

About First Block Inc.

First Block Inc. is a blockchain infrastructure and digital securities company focused on compliant tokenisation, STOs, real-world-asset digitisation and Solana-based settlement architecture for global markets.  

About Onpharma Company

Onpharma Company develops dental technologies focused on improving local anaesthetic in dentistry.  Its Onset EZ Pen buffering platform improves anaesthetic reliability, accelerates onset time, and makes the dental anaesthetic injection more comfortable.  

About Crito Capital LLP

Crito Capital LLP is a UK-based investment banking and advisory firm authorised and regulated in the UK, focused on institutional capital markets, strategic advisory, and emerging fintech. 

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, without limitation, statements regarding Onpharma Company’s (the “Company”) business strategy, anticipated growth, market opportunity, product development, commercialization efforts, expected revenues, financing plans, digital asset initiatives, tokenization initiatives, regulatory matters, and future operations. These statements are based on current expectations, estimates, assumptions, and projections that involve significant risks and uncertainties, many of which are beyond the Company’s control. Actual results may differ materially from those expressed or implied by the forward-looking statements due to a variety of factors, including, without limitation, market conditions, regulatory developments, financing availability, competition, technological developments, product adoption, operational execution, and other risks and uncertainties. Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements except as required by applicable law. 

This press release is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any offering of securities referenced herein will be made solely pursuant to definitive offering documents and in compliance with applicable securities laws and regulations. The offering referenced herein is intended solely for non-U.S. persons in offshore transactions pursuant to Regulation S under the Securities Act and is not directed to, or intended for, U.S. persons or investors located in the United States. 

Contact

Mr
Richard Morgan Evans
Sapience Communications
rmorganevans@sapiencecomms.co.uk

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Press Release

Rent TRON Energy and Reduce USDT Fees : TronBid Expands Marketplace

Published

5 hours ago

on

August 26, 2026

By

Berlin, Germany, August 26th, 2026, Chainwire

TronBid expands its two-sided TRON resource marketplace, giving users new ways to rent Energy, trade Energy and Bandwidth, and reduce USDT fees for TRC-20 transactions.

TronBid, a peer-to-peer marketplace for TRON network resources, has expanded its platform with new tools for users looking to rent TRON Energy, manage transaction costs and access network resources without maintaining large amounts of staked TRX.

The platform now operates as a two-sided marketplace where both buyers and sellers can create orders for TRON Energy and Bandwidth.

Understanding TRON Energy Usage

TRON uses Energy and Bandwidth as its primary network resources. Energy is required for smart-contract computation, including USDT TRC-20 transfers.

When a wallet does not have sufficient Energy, TRX may be consumed to cover the resources required by the transaction. This has created demand for users and businesses to rent Energy instead.

By receiving temporary Energy delegated from another account, users can perform eligible TRON transactions without maintaining enough staked TRX for their maximum resource requirements.

For businesses processing frequent TRC-20 transactions, choosing to rent TRON Energy can therefore provide another way to manage network costs and reduce USDT fees.

A Two-Sided Marketplace for Energy

Unlike platforms where rental conditions are determined entirely by the provider, TronBid allows both sides of the market to create orders.

Buyers can create BUY orders specifying the amount of Energy required, rental duration and price they are willing to pay.

Sellers can create SELL offers with their own amount, price and rental period. Buyers can purchase all or part of these offers directly.

For example, if a seller offers 600,000 Energy, one buyer can rent 350,000 Energy, leaving the remaining amount available for other buyers.

Creating a SELL offer does not reserve the seller’s Energy. If resources become unavailable because they are being used elsewhere, recurring offers can automatically pause and become active again when sufficient Energy returns.

This allows sellers to participate in the TronBid marketplace while continuing to manage their resources elsewhere.

Rent Energy Without Waiting for the Marketplace

For users who need resources immediately, TronBid also provides Quick Rent with predefined Energy packages and short rental periods.

Energy can be delivered directly to any specified TRON address, even when payment is made from another wallet.

TronBid has also introduced Flash Recharge, an alternative designed for wallets that already maintain their own Energy capacity but need to manage consumed resources.

Energy and Bandwidth Trading

TronBid’s marketplace supports both Energy and Bandwidth, allowing holders of staked TRX to monetize the network resources their stake generates.

This creates two sides of the ecosystem: users who need to rent TRON Energy or Bandwidth and resource owners looking to make unused capacity available to the market.

By allowing both buyers and sellers to determine their own terms, TronBid aims to create more transparent price discovery based on actual supply and demand.

B2B API to Reduce USDT Fees at Scale

TronBid also provides a B2B Quick Rent API for exchanges, payment processors, wallets, OTC services and other businesses processing frequent TRON transactions.

Businesses can maintain a prepaid balance and automatically request Energy for specified TRON addresses before executing transactions.

Instead of manually renting resources for every transfer, companies can integrate Energy rental directly into their transaction infrastructure.

For businesses handling large numbers of USDT TRC-20 transfers, this can make it easier to rent Energy automatically and manage the network-resource component of transaction costs.

TronBid Becomes a TRON SR Partner

Alongside the expansion of its marketplace, TronBid has become a TRON Super Representative Partner, adding the project to TRON’s delegated proof-of-stake governance ecosystem.

The development strengthens TronBid’s connection with the underlying TRON ecosystem while the platform continues building infrastructure around Energy and Bandwidth.

About TronBid

TronBid is a peer-to-peer marketplace for TRON Energy and Bandwidth. Buyers can rent TRON Energy, create BUY orders or purchase existing seller offers, while resource owners can create SELL offers with their own prices and rental periods.

The platform also provides Quick Rent, Flash Recharge and a B2B API for businesses looking to automate Energy rental and reduce USDT fees for TRC-20 transactions.

More information: https://tronbid.com

Contact

Petr Stoli
support@tronbid.com

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Press Release

ZFCHUNT Launches ZFC-X LiFePO4 Residential Battery Series, Cutting Solar Installer Labor by 15 percent

Published

7 hours ago

on

August 26, 2026

By

The plug-and-play home solar battery storage system minimizes SOC discrepancies, helping contractors streamline setups in a market projected to reach $36 billion.

China, 26th Aug 2026 – ZFCHUNT, the global brand of Shenzhen Kangkedi Intelligent Technology Co., Ltd., today launched the ZFC-X Series, a new line of residential energy storage solutions. Engineered with durable LiFePO4 battery cells, the system reduces on-site installation labor by 15 percent and cuts State of Charge (SOC) estimation errors to under 2 percent.

The hardware arrives as Europe tightens building energy codes and U.S. contractors race to claim Inflation Reduction Act (IRA) incentives—both markets where every hour of on-site labor critically impacts project margins.

Key Facts & Technical Specifications

  • Installation Efficiency: Auto-detect CAN/RS485 protocols ensure instant compatibility with major hybrid inverters (SolarEdge, Huawei SUN2000, GoodWe), reducing setup time by up to 15 percent.
  • Durability: Features a 6,000-cycle rating, supporting up to 16 years of typical residential use backed by rigorous cell-screening protocols.
  • Safety Standard: Advanced thermal management minimizes thermal runaway risks during peak load operations.
  • Global Compliance: Fully certified under UL, FCC, CE, RoHS, and PSE standards, maintaining complete UN38.3 logistics documentation.

Core Technology and BMS Innovations

ZFCHUNT engineers its industrial-grade cell technology to minimize discrepancies between BMS software readings and real-world backup capacity. The core battery pack enclosure utilizes active cell-balancing and proprietary algorithms. This ensures that displayed SOC levels correspond more accurately to actual backup duration, reducing the risk of unexpected outages and extending overall cell life.

Streamlined Commercial Portfolio

While the ZFC-X Series focuses on the home energy storage market, ZFCHUNT’s 2,000-square-meter automated facility scales production for broader B2B needs. The company’s unified manufacturing pipeline supplies industrial lithium battery packs for continuous heavy-duty discharge, alongside consumer-grade lithium-ion batteries and OEM battery modules tailored for IoT devices, light green transportation, and telecommunications.

Global Supply Chain and Field Validation

Targeting global distributors and ODM clients, the factory accommodates a standard Minimum Order Quantity (MOQ) of 500 units. Delivery cycles range from 15 to 30 days, with custom samples dispatched within seven days. In recent field trials with European and U.S. installers, the standardized modules proved highly adaptable to diverse grid acceptance standards. Demonstrating a commitment to sustainable partnerships, ZFCHUNT provides detailed installation manuals, remote technical guidance, and a comprehensive three-year material warranty.

Management Quotes

“Most installers spend over three hours per system on inverter handshaking. We have reduced that to five minutes with CAN/RS485 auto-detection,” said Tan Chungen, Technical Manager at ZFCHUNT. “We cut installer labor costs by 15 percent—not just by making cost-effective hardware, but by making smarter systems. For North American and European contractors, where labor is the biggest project variable, that plug-and-play integration is a direct margin protector.”

Industry Background and Future Plans

Driven by global grid decentralization, the residential solar battery storage market is projected to reach $36.2 billion by 2030, according to Grand View Research. To maintain its technical edge, ZFCHUNT has completed A-sample prototype validation for its next-generation OEM semi-solid-state battery technology, achieving 350 Wh/kg and targeting commercial availability in early 2027. The company is also evaluating localized warehousing in Frankfurt, Germany, to provide faster component replacement services to European partners.

About Shenzhen Kangkedi Intelligent Technology Co., Ltd.

Founded in 2024, Shenzhen Kangkedi Intelligent Technology Co., Ltd. (operating internationally as ZFCHUNT) is a specialized manufacturer of new energy solutions and integrated battery systems. Headquartered in Shenzhen with an automated manufacturing base in Dongguan, China, the enterprise empowers the global consumer electronics, telecommunications, and residential construction industries with efficient, durable lithium modules.

Media Contact

Organization: Shenzhen Kangkedi Intelligent Technology Co., Ltd. (Brand: ZFCHUNT)

Contact Person: Chungen Tan

Website: https://www.zfchuntbattery.com/

Email: Send Email

Country:China

Release id:48459

The post ZFCHUNT Launches ZFC-X LiFePO4 Residential Battery Series, Cutting Solar Installer Labor by 15 percent appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

ZFCHUNT Launches ZFC-X LiFePO4 Residential Battery Series, Cutting Solar Installer Labor by 15 percent

Published

7 hours ago

on

August 26, 2026

By

The plug-and-play home solar battery storage system minimizes SOC discrepancies, helping contractors streamline setups in a market projected to reach $36 billion.

China, 26th Aug 2026 – ZFCHUNT, the global brand of Shenzhen Kangkedi Intelligent Technology Co., Ltd., today launched the ZFC-X Series, a new line of residential energy storage solutions. Engineered with durable LiFePO4 battery cells, the system reduces on-site installation labor by 15 percent and cuts State of Charge (SOC) estimation errors to under 2 percent.

The hardware arrives as Europe tightens building energy codes and U.S. contractors race to claim Inflation Reduction Act (IRA) incentives—both markets where every hour of on-site labor critically impacts project margins.

Key Facts & Technical Specifications

  • Installation Efficiency: Auto-detect CAN/RS485 protocols ensure instant compatibility with major hybrid inverters (SolarEdge, Huawei SUN2000, GoodWe), reducing setup time by up to 15 percent.
  • Durability: Features a 6,000-cycle rating, supporting up to 16 years of typical residential use backed by rigorous cell-screening protocols.
  • Safety Standard: Advanced thermal management minimizes thermal runaway risks during peak load operations.
  • Global Compliance: Fully certified under UL, FCC, CE, RoHS, and PSE standards, maintaining complete UN38.3 logistics documentation.

Core Technology and BMS Innovations

ZFCHUNT engineers its industrial-grade cell technology to minimize discrepancies between BMS software readings and real-world backup capacity. The core battery pack enclosure utilizes active cell-balancing and proprietary algorithms. This ensures that displayed SOC levels correspond more accurately to actual backup duration, reducing the risk of unexpected outages and extending overall cell life.

Streamlined Commercial Portfolio

While the ZFC-X Series focuses on the home energy storage market, ZFCHUNT’s 2,000-square-meter automated facility scales production for broader B2B needs. The company’s unified manufacturing pipeline supplies industrial lithium battery packs for continuous heavy-duty discharge, alongside consumer-grade lithium-ion batteries and OEM battery modules tailored for IoT devices, light green transportation, and telecommunications.

Global Supply Chain and Field Validation

Targeting global distributors and ODM clients, the factory accommodates a standard Minimum Order Quantity (MOQ) of 500 units. Delivery cycles range from 15 to 30 days, with custom samples dispatched within seven days. In recent field trials with European and U.S. installers, the standardized modules proved highly adaptable to diverse grid acceptance standards. Demonstrating a commitment to sustainable partnerships, ZFCHUNT provides detailed installation manuals, remote technical guidance, and a comprehensive three-year material warranty.

Management Quotes

“Most installers spend over three hours per system on inverter handshaking. We have reduced that to five minutes with CAN/RS485 auto-detection,” said Tan Chungen, Technical Manager at ZFCHUNT. “We cut installer labor costs by 15 percent—not just by making cost-effective hardware, but by making smarter systems. For North American and European contractors, where labor is the biggest project variable, that plug-and-play integration is a direct margin protector.”

Industry Background and Future Plans

Driven by global grid decentralization, the residential solar battery storage market is projected to reach $36.2 billion by 2030, according to Grand View Research. To maintain its technical edge, ZFCHUNT has completed A-sample prototype validation for its next-generation OEM semi-solid-state battery technology, achieving 350 Wh/kg and targeting commercial availability in early 2027. The company is also evaluating localized warehousing in Frankfurt, Germany, to provide faster component replacement services to European partners.

About Shenzhen Kangkedi Intelligent Technology Co., Ltd.

Founded in 2024, Shenzhen Kangkedi Intelligent Technology Co., Ltd. (operating internationally as ZFCHUNT) is a specialized manufacturer of new energy solutions and integrated battery systems. Headquartered in Shenzhen with an automated manufacturing base in Dongguan, China, the enterprise empowers the global consumer electronics, telecommunications, and residential construction industries with efficient, durable lithium modules.

Media Contact

Organization: Shenzhen Kangkedi Intelligent Technology Co., Ltd. (Brand: ZFCHUNT)

Contact Person: Chungen Tan

Website: https://www.zfchuntbattery.com/

Email: Send Email

Country:China

Release id:48425

The post ZFCHUNT Launches ZFC-X LiFePO4 Residential Battery Series, Cutting Solar Installer Labor by 15 percent appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

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