Synapse Financial Technologies partnership for digital currency exchange
Company: Riot
What the later record shows
Not a promise: a reported event · happened October 23, 2018
The claim reports that the Synapse agreement was entered on October 23, 2018, which had already happened when stated. No passage addresses the agreement's later effectiveness or the planned exchange launch.
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
On October 23, 2018, Riot Blockchain, Inc., through its subsidiary Logical Brokerage Corporation, entered into an agreement with Synapse Financial Technologies, Inc. to secure Synapse's services to support the launch of the Company's planned branded digital currency exchange in the United States. The agreement is effective from January 1, 2019, through December 31, 2019, with automatic renewal for successive twelve-month periods.
Source (primary)
Riot 8-K filed 2018-10-29 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On October 23, 2018, Riot Blockchain, Inc. (the "Company "), through its wholly-owned subsidiary, Logical Brokerage Corporation (" Logical ") entered into an agreement (the " Agreement ") with Synapse Financial Technologies, Inc. (" SynapseFi ") to secure Synapse's services to support the launch of the Company's planned branded digital currency exchange in the United States.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
Riot's October 29, 2018 Form 8-K states the date, parties, subsidiary, purpose, initial term, and automatic twelve-month renewals exactly as the claim describes.
Confirmed in the source:
- On October 23, 2018, Riot Blockchain, Inc. entered into an agreement with Synapse Financial Technologies, Inc.
- Riot entered the agreement through its wholly-owned subsidiary Logical Brokerage Corporation
- The agreement's purpose was to secure Synapse's services to support the launch of Riot's planned branded digital currency exchange in the United States
- The agreement's initial term runs from January 1, 2019, through December 31, 2019
- The agreement automatically renews for successive twelve-month periods unless not renewed by the parties
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000107997318000591/riot_8k.htm) in full (4,970 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 8-K filed 2018-10-29
Quote: “On October 23, 2018, Riot Blockchain, Inc. (the "Company "), through its wholly-owned subsidiary, Logical Brokerage Corporation (" Logical ") entered into an agreement (the " Agreement ") with Synapse Financial Technologies, Inc. (" SynapseFi ") to secure Synapse's services to support the launch of the Company's planned branded digital currency exchange in the United States.”