GlobalTech Enters Into Agreement with World Mobile Chain With Plans to Accelerate Blockchain Infrastructure Strategy and Launch WMTx Digital Asset Treasury

RENO, Nev., Oct. 10, 2025 (GLOBE NEWSWIRE) -- GlobalTech Corporation (OTC ID : GTLK) (“GlobalTech”), a U.S. based technology holding company specializing in artificial intelligence (AI), big data, and emerging technologies, today announced a strategic agreement with World Mobile Chain (WMC). WMC is believed to be the world’s first blockchain built for decentralized physical infrastructure networks (DePIN). GlobalTech intends to deploy WMC’s blockchain infrastructure and unlock new digital services across its global operations.

The Company plans to advance the practical use of emerging technologies in real-world business operations. Under the agreement, GlobalTech expects to integrate WMC’s enterprise-grade blockchain platform to enhance its operational capabilities and deliver new, decentralized digital services across its global network. Its implementation will be supported by WMC’s comprehensive onboarding suite, which includes transaction security, digital identity verification, e-commerce integration, authentication, escrow, digital asset management, and supply chain solutions.

As part of its broader digital transformation roadmap, GlobalTech intends to establish a long-term digital asset treasury strategy focused on WMTx, the native utility token of WMC’s ecosystem. Any WMTx holdings will be used to enable on-chain transactions and support operational activities across GlobalTech’s network. This strategy will be implemented independently by GlobalTech and does not involve any joint financial commitments by World Mobile.

“This partnership is anticipated to represent a significant milestone in GlobalTech’s mission to leverage next-generation technologies for real-world impact,” said Frank Parrish, GlobalTech’s President. “By integrating World Mobile Chain’s blockchain infrastructure with our technology portfolio, we expect to create a secure and scalable foundation for digital asset innovation that enhances operational efficiency and unlocks new revenue opportunities.”

World Mobile Chain (WMC) is an EVM-compatible Layer 3 blockchain developed on Base, the official blockchain of Coinbase specifically designed to support decentralized telecoms and physical infrastructure. With over 2.3 million daily active users, a robust governance layer of 1,000+ EarthNodes, and thousands of AirNodes deployed worldwide, WMC delivers scalability, security, and efficiency for enterprise and consumer applications.