Press Releases

BlockShoals Technologies, Inc. today announced its partnership with Binance, the world’s largest crypto exchange by trading volume, in connection with the commencement of regulated testing under the Strategic Sandbox (“StratBox”) framework of the Securities and Exchange Commission (“SEC”) of the Philippines.

The announcement follows the SEC’s confirmation that BlockShoals may officially commence its testing within the StratBox in accordance with its approved testing plan. BlockShoals received in-principle approval from the Commission En Banc on 21 November 2025 and a Notice to Proceed dated 14 April 2026, authorizing it to operate as a Crypto Asset Intermediary (“CAI”) under SEC Memorandum Circular No. 9, Series of 2024.

As a Philippine-incorporated fintech company, BlockShoals serves as the regulated CAI within the StratBox through which Filipino users will be able to access Binance products and services within a controlled regulatory environment. BlockShoals maintains full responsibility for local regulatory compliance and user-facing operations, while Binance provides backend technology infrastructure and strategic support.

As part of the first phase of testing, BlockShoals will integrate its systems with its partner virtual asset service provider (“VASP”) during an initial 90-day integration period, as outlined in its approved testing plan. Following successful integration, BlockShoals will proceed with user onboarding, subject to applicable safeguards and SEC requirements.

“This partnership is an opportunity to demonstrate that global digital asset platforms and local regulatory frameworks can work together constructively. As a Philippine-incorporated company operating under the direct supervision of the SEC, we are focused on building a secure and locally accountable platform for Filipino users. We thank the Commission for the opportunity to participate in the StratBox and are committed to earning continued confidence through our performance.”

— BlockShoals Technologies officials

BlockShoals will operate under strict regulatory oversight throughout the testing period, with legal and strategic guidance by Arden Consult, to ensure full compliance with the requirements of the SEC StratBox framework and applicable laws and regulations. Arden Consult is a legal and advisory firm specializing in market entry for highly regulated industries such as fintech, iGaming, and technology, media, and telecommunications.

“The Philippines is one of the most dynamic digital economies in Southeast Asia, with a highly engaged and digitally native population that continues to drive adoption of emerging financial technologies. We believe frameworks like StratBox represent an important step in enabling responsible innovation by creating pathways for industry participants and regulators to work together constructively.”

— Seker, Head of Asia Pacific (APAC), Binance

The public is encouraged to monitor official announcements from the SEC and BlockShoals regarding the progress of the StratBox testing and user onboarding timelines.

All communications, marketing materials, and public disclosures related to the sandbox and any product, service, or activity performed therein will be issued exclusively by BlockShoals Technologies, Inc., in compliance with the terms and conditions of the SEC StratBox framework.