TheSportExchange Plans to Pursue Direct NASDAQ Listing with Innovative Digital Platform

TheSportExchange's Bold Move Towards NASDAQ Listing

In an exciting development for the sports and financial technology sectors, TheSportExchange (TSE) has announced its intention to pursue a direct listing on NASDAQ or the New York Stock Exchange. This move is expected to materialize in the second half of 2026, depending on market conditions and regulatory approvals. TSE, operating as TSE Marketplace Ltd. in Europe, stands poised to revolutionize how fans interact with their favorite sports teams through a state-of-the-art digital asset platform.

Transforming Sports Engagement

TheSportExchange has created a unique digital platform that allows users to acquire and trade performance-related digital assets—referred to as “keys”—for professional sports teams and league rankings. Unlike traditional betting systems, the market value of these assets fluctuates based on verified in-game performance data and real-time market demands, making performance a negotiable reference instead of a mere outcome. This innovation is designed to provide sports enthusiasts with a new avenue to engage and potentially profit from their passion for sports.

Timeline for Launch

Currently, TSE is in a limited phase, which is invitation-only. This structured integration period is essential to ensure a smooth transition to the public launch, scheduled for May 1, 2026. During this launch, the keys related to FIFA World Cup teams will be among the first assets available globally on the platform, showcasing TSE's commitment to offering access to high-profile sports events.

Cutting-Edge Technology Infrastructure

The foundation of TheSportExchange’s operations lies upon the Premium PandaSea Mainnet, an advanced Layer 1 blockchain developed by PandaSea Inc. This infrastructure is designed to support high-performance transactions with deterministic settlement and transparency across global sports markets. The PANDA token will serve as the native gas currency for the network, ensuring liquidity and efficient transaction processing.

Furthermore, TSE maintains a reserve of PANDA tokens to support operational cash flow and transaction settlement on their network. 0.56% of the transaction volume is allocated for PANDA buybacks from the open market, ensuring a robust token supply management strategy. Detailed insights into TSE’s holdings and its economic ties with PandaSea Inc. are anticipated in TSE's registration statement, which aims to provide transparency to potential investors.

A Vision from Leadership

Steve van Zutphen, founder and CEO of TheSportExchange, shared his enthusiasm about this initiative: "For the first time, sports fans worldwide will have the opportunity to engage with the performance of their favorite teams on a platform designed to transform fan engagement into new opportunities for the entire sports ecosystem."

About TheSportExchange

TheSportExchange is redefining how sports performance is perceived by offering a platform for digital assets linked to real-time team performance and rankings. With the authority of PandaSea's blockchain infrastructure backing its operations, TSE aims to create a more dynamic interaction between fans and sports teams. For additional details, visit thesportexchange.com.

About PandaSea Inc.

PandaSea Inc. is a Delaware-based technology firm specializing in institutional-grade blockchain infrastructure. Its PandaSea Mainnet functions as a Layer 1 Avalanche subnet, with PANDA as its native gas token, driving transactional efficiency and network sustainability. To learn more, explore pandasea.io.

Cautionary Note

This announcement includes forward-looking statements related to the direct listing proposal, expected timelines, market expansion, and platform launch specifics. These projections involve risks and uncertainties that could cause actual results to differ significantly from current expectations, including market conditions, regulatory developments, blockchain infrastructure challenges, competition, and more. TSE is not obligated to update these statements unless required by applicable law. This release does not constitute an offer to sell or solicit an offer to purchase securities, which will only be made through a registration statement filed with the Securities and Exchange Commission and declared effective.