TenX Protocols Buys 219.7B BONK in Strategic Deal

TenX Protocols Acquires 219.7 Billion BONK Tokens

TenX Protocols Inc. has acquired approximately 219.7 billion BONK digital assets in a strategic partnership with BONK Contributors. The blockchain infrastructure company purchased the tokens at an average cost of $0.00001138 per unit as of January 5, 2026, using both open-market and over-the-counter transactions.

Partnership Context and Company Milestones

This acquisition follows TenX's recent debut on the TSX Venture Exchange and the completion of a $29.9 million CAD financing round. The company will now work with BONK Contributors on educational initiatives and promote its staking and infrastructure services across blockchain ecosystems, reinforcing its active participation thesis.

Market Impact and Ecosystem Validation

The deal is seen as a significant milestone for the BONK ecosystem. Jarrett Boon, CEO of Bonk, Inc., noted the partnership validates the asset's move from the fringe to the balance sheets of regulated entities. This acquisition demonstrates third-party confidence in the same asset class that underpins Bonk, Inc.'s treasury strategy.

Summary

The strategic acquisition by TenX signals growing confidence in the BONK network from established financial players. This move is expected to enhance BONK's market position while supporting TenX’s expansion in blockchain infrastructure services. Stakeholders will monitor how this collaboration unfolds.

FAQ

Q: How many BONK tokens did TenX Protocols acquire?
A: TenX Protocols acquired approximately 219.7 billion BONK tokens.

Q: What is the purpose of this acquisition?
A: It is part of a strategic partnership to support the BONK ecosystem, launch educational initiatives, and promote TenX's infrastructure services.

Source: Investing.com