The Crypto Company completed the acquisition of Frame Assets, comprising the Frame blockchain business including intellectual property and infrastructure, through its subsidiary Frame Intelligence via an Asset Purchase Agreement dated March 20, 2026, with consideration in milestone-based common stock issuances and a $2.0 million funding commitment. The transaction includes a Consulting Agreement with Frame Holdings providing services through Sean Docherty, who will serve as Chief Blockchain Officer and gain board rights upon funding.
Key takeaways
Acquisition of Frame Assets completed March 23, 2026, by Frame Intelligence from Frame Holdings Ltd and Sean Docherty.
Consideration: 2.5% of outstanding Common Stock at $100M Company market cap and $100M Frame valuation milestone, plus up to $50.5M in additional tranches culminating at $1B each sustained 30 days.
Funding Requirement: $2.0M cash to Frame Intelligence within 120 days (extendable 120 days for $100K).
Consulting Agreement: $20K/month base, increases at $500M, $800M, $1B milestones; severance 1-2 years base.
Sean Docherty: Board observer upon funding, voting director within 6 months post-funding.
Buy-sell rights for Frame Holdings upon Qualifying Termination Events within 5 years.