Dear Investors, Partners and Friends of Metallicus,
Q1 2026 was a quarter of execution across Metallicus. After closing 2025 with stronger institutional engagement and deeper product momentum, we entered the new year focused on turning that progress into more production-ready infrastructure for credit unions, wallet users, and the broader digital-asset ecosystem.
The clearest public milestone was our FedNow Service Request for Payment certification. Metallicus was already certified for Send, Receive, and Liquidity Management. With RFP now added, our real-time payments capabilities are more complete and better aligned with how credit unions can modernize payment requests, settlement, reconciliation, and digital-wallet workflows while maintaining control of member relationships and compliance.
Just as important, Q1 showed meaningful progress from roadmap to shipped capability. WebAuth's XRP Ledger integration went fully live, extending our cross-network wallet strategy with new non-custodial support. Metal X unified trading and lending into a more cohesive product experience. Metal Pay continued advancing enterprise integration, identity, and tax-reporting readiness. Across the broader stack, Metal Blockchain advanced through A-Chain and its PulseVM architecture, B-Chain and its BitcoinVM architecture, while XPR Network, Metal Dollar, and Metal L2 moved deeper into wallet, oracle, and infrastructure work that supports the next phase of ecosystem deployment.
We also strengthened the operating foundation behind the platform. Throughout Q1, we advanced the compliance, security, identity, and risk-management work required to support regulated institutions at scale. We view this discipline as part of the product itself: long-term adoption depends not only on innovation, but on trust, control, and operational readiness.
Taken together, Q1 reinforced the core Metallicus thesis: the future of digital finance will require integrated infrastructure spanning wallets, payments, stablecoins, markets, compliance, and institutional deployment. Our focus remains on building that stack in a way that is usable, connected, and trusted by regulated financial institutions.
Thank you for your continued support.
Marshall Hayner
Co-Founder & CEO
Read the full report → /Metallicus_2026_Q1
