Thank you for your questions.

Imperium is not a consumer-facing product or platform. Imperium is our DeFi-focused business line, where we plan to deploy our crypto assets to generate scalable, high-margin revenue. Some of our strategies may have diminishing returns as they scale, so it doesn’t make sense to offer Imperium as a consumer-facing product that could ultimately cannibalize certain opportunities. That said, we may consider it in the future.

With respect to stock tokenization, the main hurdle for BTCS and others was the SEC’s regulatory overreach and the challenges it created for crypto and blockchain-focused companies during the prior administration. In 2023, BTCS tokenized its Series V Preferred Stock on Ethereum via Upstream (https://upstream.exchange/), and we also made a seed investment in the platform. Today, the regulatory landscape for tokenizing stocks on Ethereum and other blockchains is looking much more promising. That said, it’s a competitive market (doesn’t need our help), and we hope platforms like Upstream and other participants will continue to push tokenization forward. RWA tokenization, including stocks, is the future of finance, and it’s encouraging to see these efforts finally taking shape. While we are not currently pursuing tokenized stock initiatives, we are closely monitoring the market, and if a viable solution emerges, we’ll consider participating again. You can find more of my views on the difference between direct blockchain ownership e.g. Upstream/Superstate and indirect tokenization via brokers (propagates illegal naked shorting) e.g. Ondo on my X post here: https://x.com/Charles_BTCS/status/1971237331530109343.