UNLOCKD Inc., operating as BitFrontier Capital Holdings, Inc. (OTC: BFCH), is approaching several critical corporate milestones that signal the company's transition from restructuring to active commercial operations. The developments span strategic partnerships, equity financing, and innovative digital asset integration, positioning the company for potential growth in competitive consumer markets.
The company executed a Letter of Intent on October 31, 2025, with a global consumer brand partner to develop a wellness-oriented beverage line within an emerging functional beverage category. Under the contemplated structure, UNLOCKD would retain 90% ownership and full operational control through a dedicated subsidiary, with market rights limited to North America. All revenue from this collaboration would be recognized directly on BFCH's consolidated financial statements. The LOI is expected to become binding within the next two weeks once closing conditions are satisfied, at which point the partner's identity will be publicly disclosed through a joint announcement. This partnership represents the first commercial activation under the UNLOCKD platform and validates the company's strategic direction in the wellness sector.
Concurrent with the partnership developments, UNLOCKD remains in the final stage of its $175,000 equity-only seed round, authorized by the Board on November 5, 2025. The securities are being issued as restricted common stock pursuant to Section 4(a)(2) and Rule 506(b) of the Securities Act, with no convertible notes or variable-rate instruments involved. Management believes this capital will provide sufficient resources to execute near-term commercial objectives and create the valuation basis for a future Regulation A offering at a higher price point. The funding round is expected to close within the same general timeframe as the LOI conditions.
The company's financial position shows significant improvement, with the upcoming Q3 2025 financial report anticipated to reflect the elimination of more than $2 million in legacy convertible debt and an approximately 85 percent reduction in total liabilities. These changes follow structural actions completed in July that removed toxic financing instruments, cancelled more than 235 million unsupported or non-beneficial shares, and restored long-term balance-sheet integrity, returning the company to positive shareholders' equity for the first time in several years.
Perhaps most notably, UNLOCKD is advancing its digital-asset and tokenization strategy through two Board resolutions adopted on November 9, 2025. The first authorizes measured acquisition and custody of select digital assets as part of the company's corporate treasury, while the second permits qualified investors to subscribe for equity using cryptocurrency under existing securities-law exemptions. Management expects to add cryptocurrency to the balance sheet later in Q4 as part of a broader plan to strengthen liquidity optionality, hedge inflation exposure, and establish infrastructure for compliant, utility-driven tokenized ownership. These initiatives represent a significant step toward what the company describes as "the next evolution of capital markets" where ownership becomes more transparent, participatory, and borderless.
For more corporate information, visit https://www.UNLOCKDinc.com. View current filings on https://www.otcmarkets.com. The original release can be viewed on https://www.newmediawire.com.
