Secure Blockchain Sells Delivery Trust to Focus on Enterprise Agentic AI

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Secure Blockchain Development Corp. has officially closed the sale of its cybersecurity platform, Delivery Trust, to Caryco Tech, Inc. for a purchase price of US$441,507, according to an official corporate disclosure. The transaction marks a definitive pivot for the TSXV-listed issuer, which is now redirecting its entire operational focus toward enterprise agentic AI architectures.

Deconstructing the Divestment and Financial Terms

The finalized asset purchase agreement shifts ownership of Delivery Trust and its operating subsidiary, Identillect Technologies, Inc., completely out of Secure Blockchain’s portfolio. While the baseline acquisition price stands at US$441,507, the deal includes a performance-based earn-out structure. An additional US$87,913 in contingent proceeds remains payable by Caryco Tech, Inc. to the vendor, tied directly to specific ongoing customer revenue metrics over a nine-month observation window following the closing date.

Transaction costs involved standard corporate intermediation. Upon closing, a commission totaling CDN$63,089 was disbursed by Secure Blockchain to Transworld Business Advisors, who facilitated the sale as the official selling agent. Tyler Le, Managing Director of Transworld, and Joseph Cary, President of Caryco, were publicly recognized by corporate leadership for orchestrating the transaction pipeline.

From Encrypted Email to Autonomous Enterprise AI Agents

“Closing this sale completes our exit from the legacy Delivery Trust business and focuses the Company on enterprise AI,” stated Steven Bryson-Haynes, Chief Executive Officer of Secure Blockchain. “With Agentic’s first commercial customer already signed, our priority is delivering that engagement and building a repeatable enterprise AI business.”

The company’s August 4, 2026 announcement confirmed that Agentic had already secured its inaugural commercial customer agreement. That initial deployment focuses on designing, configuring, and operating a dedicated, customer-controlled enterprise AI agent environment.

Market Realities and Forward-Looking Risk Factors

As outlined in the company’s cautionary filings under Canadian securities legislation, forward-looking projections—particularly the realization of the US$87,913 in contingent revenue metrics—depend heavily on third-party performance and customer retention rates.

Furthermore, the commercialization timeline for enterprise agentic workflows remains in its nascent stages.

Secure Blockchain trades on the TSX Venture Exchange under the ticker symbol ID.