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TessPay Inc. equity ownership

Company: Riot

Subject kind
partnership
Statement date
2020-03-24
Promised amount
8.8 percent
Current status
stated

The claim, verbatim

Owns approximately 8.8% of TessPay Inc. developing blockchain telecommunications solutions

Source (primary)

Riot 10-K filed 2020-03-25 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “We also owned approximately 8.8% of TessPay Inc., ("Tess"). Tess is developing TessPay ("TessPay") and other blockchain solutions for telecommunications companies.”

How we checked this

Checked on September 23, 2026. The cited source supports every part of this claim.

The filing states that Riot owned approximately 8.8% of TessPay Inc. It says TessPay is developing blockchain solutions for telecommunications companies.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000107997320000216/riot_10k-123119.htm) in full (373,694 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Riot 10-K filed 2020-03-25

Quote: “We also owned approximately 8.8% of TessPay Inc., ("Tess"). Tess is developing TessPay ("TessPay") and other blockchain solutions for telecommunications companies.”

View cached copy (2026-09-13)Live source ↗