DMG Blockchain Blockseer technology licensing
Company: Marathon Digital
The claim, verbatim
March 25, 2021 licensing agreement with DMG Blockchain Solutions for exclusive use of proprietary Blockseer pool technology in U.S. for Marathon OFAC Pool, with $500,000 in restricted common stock, monthly license fee on sliding scale based on pool rewards, and technical support services.
Source (primary)
Marathon Digital 10-K filed 2022-03-10 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “entered into a licensing agreement with DMG Blockchain Solutions, Inc. to license DMG's proprietary Blockseer pool technology for use in its new Marathon OFAC Pool... the Company will be granted an exclusive and irrevocable license... DMG will receive: $500,000 in restricted common stock”
How we checked this
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Additional evidence
confirms Marathon Digital 10-K filed 2022-03-10
Quote: “entered into a licensing agreement with DMG Blockchain Solutions, Inc. to license DMG's proprietary Blockseer pool technology for use in its new Marathon OFAC Pool... the Company will be granted an exclusive and irrevocable license... DMG will receive: $500,000 in restricted common stock”