The Crypto Company Enters Into Definitive Agreement To Acquire Starchive
MALIBU, CA / ACCESS Newswire / October 9, 2025 / The Crypto Company (OTCID:CRCW) ("TCC") announced today that it has entered into a definitive Securities Purchase Agreement to acquire 50.1% of the outstanding capital stock of Starchive, a digital …
MALIBU, CA / ACCESS Newswire / October 9, 2025 / The Crypto Company (OTCID:CRCW) ("TCC") announced today that it has entered into a definitive Securities Purchase Agreement to acquire 50.1% of the outstanding capital stock of Starchive, a digital asset management and monetization platform that safeguards over $1 Billion in cultural assets and transforms them into trusted, revenue-generating economies. The transaction is expected to close on or about October 17, 2025, following the satisfaction of the closing conditions.
Starchive's media platform unlocks the potential of assets and turns every file into a portable revenue stream owned by the creators and content owners. Blockchain provides the trust, security and payment layer while Starchive manages the Web2 and Web3 assets in a single repository and provides the operating system that makes it usable at-scale, creating a natural partnership.
"We built Starchive to give artists confidence that their content could be easily organized, discovered, and monetized on their own terms," said Richard Averitt, CEO of Starchive. The platform enables creators to set their own pricing, distribution and monetization terms. At the same time, the platform streamlines access for buyers such as studios, publishers and networks. "When every asset can prove its authorship, enforce its own rights, and transact directly with audiences anywhere it travels, creators no longer rent space on a media platform - they own the platform, which moves with their work," continued Averitt.
Under the terms of the agreement, TCC will issue a combination of cash, equity, and debt as consideration. Upon closing, the equity holders of Starchive will receive: (i) approximately $8.5 million in aggregate principal amount of 5.0% notes, which will become convertible into equity only after three years, less any outstanding indebtedness of Starchive, (ii) 433,633,691 shares of TCC common stock, representing approximately 9.99% of TCC's outstanding common stock prior to the issuance, and (iii) a $3 million cash contribution to Starchive for working capital and growth funding, to be made in tranches following closing.
"We are very pleased to announce the signing of this agreement, which represents an important step in our long-term growth strategy," said Ron Levy, Chief Executive Officer of The Crypto Company. "The combination of TCC and Starchive positions us well to activate blockchain-ready features like automated royalty distribution, on-demand streaming, and tokenized fan subscriptions," said Averitt.

