Blocktrade remains silent – CoinMetro reveals talks have been halted

How the much-heralded partnership between Blocktrade S.A. and CoinMetro came to nothing and why this is a red flag for former myWorld International AG/Lyconet International AG marketers

A few months ago, the CEO of Blocktrade caused a stir with grandiose announcements: the company wanted to organise itself as a strategic partner of CoinMetro in order to secure its regulatory future under MiCA/DORA requirements. (see article on BEKM) However, an official statement from CoinMetro now takes a different direction: No contractual or technical cooperation, no listing project with the Blocktrade token BTEX – and no active communication since September 2025.

What CoinMetro officially says

A detailed response states: (email available to the editors)

Between March and August 2025, CoinMetro held talks with Blocktrade.
However, communication was completely discontinued at the beginning of September 2025 – ‘after the initial exchange, we received no further responses or feedback’.
There is currently no contractual, technical or organisational cooperation with Blocktrade or its parent company FSR Group Pte Ltd (Singapore).

CoinMetro has not implemented any transactions, token listings or integrations related to Blocktrade or BTEX/BTD tokens in the last 18 months.
Discussions about a merger, takeover or licence/technology transfer were held, but ended without a formal agreement or documentation.
CoinMetro currently has no active communication channel with Blocktrade.

Contradiction to previous statements

Blocktrade publicly announced a ‘strategic partnership’ with CoinMetro – including possible listing and community participation. CoinMetro’s response now shows that these statements were apparently based on preliminary discussions, not binding agreements.

For readers and investors, this means Where trust had previously been generated through branding and partnership, there is now uncertainty.

Regulatory and operational significance

A genuine cooperation with CoinMetro would have brought considerable advantages for Blocktrade – such as access to CoinMetro’s infrastructure, market and licence networks.

The fact that nothing has been implemented raises questions about Blocktrade’s capital resources, organisational structure and actual resources.

Significance for marketers in the myWorld/Lyconet structure

Blocktrade had been promoted in parts of the myWorld/Lyconet network as a supposed ‘exit or payout channel’.

Now it is clear that

Investors who acquired token holdings or rights via myWorld/Lyconet have no direct account or contract with Blocktrade.
A Blocktrade cooperation with CoinMetro would have strengthened confidence; its absence, on the other hand, shows that contractual security is lacking.

Conclusion

CoinMetro’s new statement provides a clear key point: what was publicly staged as a major strategic partnership was in fact only an exploratory phase.

This leaves Blocktrade with a challenge, not only in terms of operational implementation, but also in terms of the gap between expectations and reality.

For former myWorld/Lyconet marketers, this means that the promise of smooth payouts or token liquidity via Blocktrade is not backed by a solid contractual infrastructure.

The question remains: Was this step a rescue or merely rebranding?

CoinMetro’s answer is clear: rebranding. Because no real settlement took place.

According to information on several social media channels, talks with Banxa Holdings Inc. are said to have taken place in the meantime. We will inform you as soon as our research on this matter is complete.

Note:

This publication is a journalistic analysis and initial legal assessment. It does not replace individual legal advice. Those affected should secure all evidence (transfers, chat histories, presentations, contract documents) and seek legal advice as soon as possible – especially if deposits were financed by credit or if complete documentary evidence is not available.