<p><em>以业绩为导向的数字资产市场，目标于 2026 年下半年上市；计划于 2026 年 5 月 1 日公开发布</em></p>
<p>, /PRNewswire/ -- TheSportExchange（&#34;TSE&#34;），在欧洲以 TSE Marketplace Ltd.运营，今天宣布其计划在纳斯达克或纽约证券交易所进行普通股的直接上市。该公司目标在 2026 年下半年上市，具体时间取决于市场条件和监管审查。Chardan 已被聘为与拟议上市相关的财务顾问。随着机构对体育相关投资需求的加速增长，TSE 认为现在是进入资本市场的最佳时机。</p>
<p><strong>为全球体育建立一个以业绩为导向的市场</strong></p>
<p>TSE 开发了一个数字市场，使参与者能够获取和交易与职业体育队伍和联赛排名相关的以业绩为导向的数字资产（&#34;Keys&#34;）。资产定价反映经过验证的场上表现数据和实时市场需求，创建了一个结构化、透明的框架，使体育表现成为一个持续跟踪、可交易的参考，而不是仅仅与二元结果相关联。</p>
<p><strong>计划于 2026 年 5 月 1 日公开发布</strong></p>
<p>TSE 目前处于一个有限的、仅限邀请的阶段，以支持在全面商业发布之前的结构化入驻。</p>
<p>该平台计划于 2026 年 5 月 1 日公开发布。发布将推出世界杯球队 Keys，作为市场上首个全球分发的资产。</p>
<p><strong>技术基础设施</strong></p>
<p>TSE 建立在 PandaSea Mainnet 之上——这是由 PandaSea Inc.开发的 Layer-1 区块链，旨在实现高吞吐量、确定性结算和全球体育市场的链上透明度。PANDA 是 PandaSea Mainnet 的原生燃料代币。</p>
<p>TSE 维护一笔 PANDA 代币的国库，作为其运营基础设施的一部分，确保网络结算和交易处理的流动性。在 PandaSea 的网络协议下，网络上处理的交易量的 0.56% 将用于公开市场的 PANDA 回购。有关 TSE 的 PANDA 持有量及其与 PandaSea Inc.的经济关系的更多细节将在 TSE 的注册声明中列出。</p>
<p><strong>管理层评论</strong></p>
<p>TheSportExchange 的创始人兼首席执行官 Steve van Zutphen 表示：</p>
<p>&#34;这是全球体育迷首次能够参与他们所热爱的球队的表现，平台旨在将粉丝参与转化为整个体育生态系统的新机会。&#34;</p>
<p><strong>关于 TheSportExchange</strong></p>
<p>TheSportExchange 是一个以业绩为导向的数字资产市场，使参与者能够交易与职业体育队伍表现和联赛排名相关的 Keys，建立在 PandaSea Mainnet 之上。有关更多信息，请访问 thesportexchange.com。</p>
<p><strong>关于 PandaSea Inc.</strong></p>
<p>PandaSea Inc.是一家在特拉华州注册的科技公司，构建机构级区块链基础设施。其 PandaSea Mainnet 是一个 Layer-1 Avalanche 子网，PANDA 是其原生燃料代币。PandaSea 的网络协议将交易量的 0.56% 用于公开市场的 PANDA 回购。有关更多信息，请访问 pandasea.io。</p>
<p><strong>关于前瞻性声明的警示说明</strong></p>
<p><em>本新闻稿包含前瞻性声明，包括关于拟议直接上市、预期时间、市场扩展和平台发布的声明。这些声明面临风险和不确定性，可能导致实际结果与预期大相径庭，包括市场条件、监管发展、区块链基础设施风险、竞争及其他因素。除非法律要求，公司不承担更新这些声明的义务。本发布不构成出售或招揽购买任何证券的要约。任何此类要约仅通过向证券交易委员会提交并声明有效的招股说明书进行。</em></p>
<p>Logo - https://mma.prnewswire.com/media/2918349/TheSportExchange_Logo.jpg</p>
<p><img src="https://imageproxy.pbkrs.com/https://rt.prnewswire.com/rt.gif/query-RGF0ZUlkPTIwMjYwMjI1Jk5ld3NJdGVtSWQ9RU45MzQ1MSZUcmFuc21pc3Npb25fSWQ9MjAyNjAyMjUwMTAwUFJfTkVXU19FVVJPX05EX19FTjkzNDUx?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://rt.prnewswire.com/rt.gif/query-RGF0ZUlkPTIwMjYwMjI1Jk5ld3NJdGVtSWQ9RU45MzQ1MSZUcmFuc21pc3Npb25fSWQ9MjAyNjAyMjUwMTAwUFJfTkVXU19FVVJPX05EX19FTjkzNDUx"/></p>

纳斯达克 NexGen 经济 ETF - Reality Shares

BITF

<p>TheSportExchange (TSE) 宣布计划在 NASDAQ 或 NYSE 进行普通股的直接上市，目标是在 2026 年下半年上市。该公司计划于 2026 年 5 月 1 日公开推出其与表现挂钩的数字资产市场，允许粉丝交易与体育团队表现相关的资产。TSE 基于 PandaSea 主网构建，并已聘请 Chardan 作为其财务顾问。该公告包含前瞻性声明，受市场条件和监管审查的影响</p>

<p><em>Performance-linked digital asset marketplace targeting H2 2026 listing; public launch scheduled for May 1, 2026</em></p>
<div class="lb-trans"><p><em>以业绩为导向的数字资产市场，目标于 2026 年下半年上市；计划于 2026 年 5 月 1 日公开发布</em></p>
</div><p>, /PRNewswire/ -- TheSportExchange (&#34;TSE&#34;), operating as TSE Marketplace Ltd. in Europe, today announced its intent to pursue a direct listing of its ordinary shares on the Nasdaq or New York Stock Exchange. The company is targeting a listing in the second half of 2026, subject to market conditions and regulatory review. Chardan has been retained as financial advisor in connection with the proposed listing. With institutional appetite for sports-linked exposure accelerating, TSE believes now is the right moment to access the capital markets.</p>
<div class="lb-trans"><p>, /PRNewswire/ -- TheSportExchange（&#34;TSE&#34;），在欧洲以 TSE Marketplace Ltd.运营，今天宣布其计划在纳斯达克或纽约证券交易所进行普通股的直接上市。该公司目标在 2026 年下半年上市，具体时间取决于市场条件和监管审查。Chardan 已被聘为与拟议上市相关的财务顾问。随着机构对体育相关投资需求的加速增长，TSE 认为现在是进入资本市场的最佳时机。</p>
</div><p><strong>Building a Performance-Linked Marketplace for Global Sports</strong></p>
<div class="lb-trans"><p><strong>为全球体育建立一个以业绩为导向的市场</strong></p>
</div><p>TSE has developed a digital marketplace enabling participants to acquire and trade performance-linked digital assets (&#34;Keys&#34;) tied to professional sports teams and league standings. Asset pricing reflects verified on-field performance data and real-time market demand, creating a structured, transparent framework through which sports performance becomes a continuously tracked, tradable reference — rather than being tied to a binary outcome.</p>
<div class="lb-trans"><p>TSE 开发了一个数字市场，使参与者能够获取和交易与职业体育队伍和联赛排名相关的以业绩为导向的数字资产（&#34;Keys&#34;）。资产定价反映经过验证的场上表现数据和实时市场需求，创建了一个结构化、透明的框架，使体育表现成为一个持续跟踪、可交易的参考，而不是仅仅与二元结果相关联。</p>
</div><p><strong>Public Launch Scheduled for May 1, 2026</strong></p>
<div class="lb-trans"><p><strong>计划于 2026 年 5 月 1 日公开发布</strong></p>
</div><p>TSE is currently operating in a limited, invite-only phase supporting structured onboarding ahead of full commercial release.</p>
<div class="lb-trans"><p>TSE 目前处于一个有限的、仅限邀请的阶段，以支持在全面商业发布之前的结构化入驻。</p>
</div><p>The platform is scheduled to launch publicly on May 1, 2026. The launch will introduce World Cup team Keys as the first globally distributed assets on the marketplace.</p>
<div class="lb-trans"><p>该平台计划于 2026 年 5 月 1 日公开发布。发布将推出世界杯球队 Keys，作为市场上首个全球分发的资产。</p>
</div><p><strong>Technology Infrastructure</strong></p>
<div class="lb-trans"><p><strong>技术基础设施</strong></p>
</div><p>TSE is built on PandaSea Mainnet — a Layer-1 blockchain developed by PandaSea Inc., engineered for high throughput, deterministic settlement, and on-chain transparency across global sports markets. PANDA is the native gas token of PandaSea Mainnet.</p>
<div class="lb-trans"><p>TSE 建立在 PandaSea Mainnet 之上——这是由 PandaSea Inc.开发的 Layer-1 区块链，旨在实现高吞吐量、确定性结算和全球体育市场的链上透明度。PANDA 是 PandaSea Mainnet 的原生燃料代币。</p>
</div><p>TSE maintains a treasury of PANDA tokens as part of its operational infrastructure, ensuring liquidity for network settlement and transaction processing. Under PandaSea's network protocol, 0.56% of transaction volume processed on the network is directed toward open-market PANDA repurchases. Further detail regarding TSE's PANDA holdings and its economic relationship with PandaSea Inc. will be set forth in TSE's registration statement.</p>
<div class="lb-trans"><p>TSE 维护一笔 PANDA 代币的国库，作为其运营基础设施的一部分，确保网络结算和交易处理的流动性。在 PandaSea 的网络协议下，网络上处理的交易量的 0.56% 将用于公开市场的 PANDA 回购。有关 TSE 的 PANDA 持有量及其与 PandaSea Inc.的经济关系的更多细节将在 TSE 的注册声明中列出。</p>
</div><p><strong>Management Commentary</strong></p>
<div class="lb-trans"><p><strong>管理层评论</strong></p>
</div><p>Steve van Zutphen, Founder and CEO of TheSportExchange, stated:</p>
<div class="lb-trans"><p>TheSportExchange 的创始人兼首席执行官 Steve van Zutphen 表示：</p>
</div><p>&#34;For the first time, sports fans around the world can participate in the performance of the teams they love, on a platform designed to turn fan engagement into new opportunities for the entire sports ecosystem.&#34;</p>
<div class="lb-trans"><p>&#34;这是全球体育迷首次能够参与他们所热爱的球队的表现，平台旨在将粉丝参与转化为整个体育生态系统的新机会。&#34;</p>
</div><p><strong>About TheSportExchange</strong></p>
<div class="lb-trans"><p><strong>关于 TheSportExchange</strong></p>
</div><p>TheSportExchange is a performance-linked digital asset marketplace enabling participants to trade Keys tied to professional sports team performance and league standings, built on PandaSea Mainnet. For more information, visit thesportexchange.com.</p>
<div class="lb-trans"><p>TheSportExchange 是一个以业绩为导向的数字资产市场，使参与者能够交易与职业体育队伍表现和联赛排名相关的 Keys，建立在 PandaSea Mainnet 之上。有关更多信息，请访问 thesportexchange.com。</p>
</div><p><strong>About PandaSea Inc.</strong></p>
<div class="lb-trans"><p><strong>关于 PandaSea Inc.</strong></p>
</div><p>PandaSea Inc. is a Delaware-incorporated technology company building institutional-grade blockchain infrastructure. Its PandaSea Mainnet is a Layer-1 Avalanche Subnet, and PANDA is its native gas token. PandaSea's network protocol directs 0.56% of transaction volume toward open-market PANDA repurchases. For more information, visit pandasea.io.</p>
<div class="lb-trans"><p>PandaSea Inc.是一家在特拉华州注册的科技公司，构建机构级区块链基础设施。其 PandaSea Mainnet 是一个 Layer-1 Avalanche 子网，PANDA 是其原生燃料代币。PandaSea 的网络协议将交易量的 0.56% 用于公开市场的 PANDA 回购。有关更多信息，请访问 pandasea.io。</p>
</div><p><strong>Cautionary Statement Regarding Forward-Looking Statements</strong></p>
<div class="lb-trans"><p><strong>关于前瞻性声明的警示说明</strong></p>
</div><p><em>This press release contains forward-looking statements, including statements regarding the proposed direct listing, anticipated timing, market expansion, and platform launch. These statements are subject to risks and uncertainties that could cause actual results to differ materially, including market conditions, regulatory developments, blockchain infrastructure risks, competition, and other factors. The company undertakes no obligation to update these statements except as required by applicable law. This release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any such offer will be made only by means of a prospectus filed with and declared effective by the Securities and Exchange Commission.</em></p>
<div class="lb-trans"><p><em>本新闻稿包含前瞻性声明，包括关于拟议直接上市、预期时间、市场扩展和平台发布的声明。这些声明面临风险和不确定性，可能导致实际结果与预期大相径庭，包括市场条件、监管发展、区块链基础设施风险、竞争及其他因素。除非法律要求，公司不承担更新这些声明的义务。本发布不构成出售或招揽购买任何证券的要约。任何此类要约仅通过向证券交易委员会提交并声明有效的招股说明书进行。</em></p>
</div><p>Logo - https://mma.prnewswire.com/media/2918349/TheSportExchange_Logo.jpg</p>
<div class="lb-trans"><p>Logo - https://mma.prnewswire.com/media/2918349/TheSportExchange_Logo.jpg</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://rt.prnewswire.com/rt.gif/query-RGF0ZUlkPTIwMjYwMjI1Jk5ld3NJdGVtSWQ9RU45MzQ1MSZUcmFuc21pc3Npb25fSWQ9MjAyNjAyMjUwMTAwUFJfTkVXU19FVVJPX05EX19FTjkzNDUx" alt="" original-src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN93451&amp;Transmission_Id=202602250100PR_NEWS_EURO_ND__EN93451&amp;DateId=20260225"/></p>

01:00 ETTheSportExchange Announces Intent to Pursue NASDAQ Direct Listing

- TheSportExchange 将于 2026 年下半年在纳斯达克或纽约证券交易所上市。  
- 平台计划于 2026 年 5 月 1 日公开启动，首个资产为世界杯团队 Keys。  
- TSE 基于 PandaSea Mainnet 构建，支持与体育赛事表现相关的数字资产交易。

01:00 ET TheSportExchange 宣布计划在纳斯达克进行直接上市