Matador Technologies Inc. Announces the Addition of Two Members to Its Team as the Company Advances toward the Launch of Its Digital Gold Product

TORONTO, March 31, 2025 (GLOBE NEWSWIRE) -- Matador Technologies Inc. ("Matador” or the "Company”) (TSXV: MATA, OTCQB: MTDTF) announces the addition of two members to its team

TORONTO, March 31, 2025 (GLOBE NEWSWIRE) -- Matador Technologies Inc. (TSXV: MATA, OTCQB: MTDTF) (“Matador” or the “Company”) announces the addition of two members to its team as the Company advances toward the launch of its digital gold product on the Bitcoin network in early 2025. Antoine De Vuyst has joined Matador as Chief Technology Officer (CTO), and the pseudonymous artist and developer known as dxxmsdxy (pronounced “doomsday”) has joined as Lead Designer.

Antoine De Vuyst is a Bitcoin entrepreneur, developer, and community organizer with long-standing involvement in the crypto ecosystem. He is the founder of Bitcoin Bay, a Toronto-based crypto community launched in 2014, and has been active in the Ordinals space. Antoine is a holder and inscriber of Ordinals across Bitcoin and Litecoin, and he created the Bitbars collection on Bitcoin and Litebars on Litecoin. At Matador, Antoine will oversee product and development efforts, including work on the Company's digital gold platform.

dxxmsdxy is a pseudonymous artist and developer recognized for contributions to onchain art on Bitcoin since 2014. They are the creator of an early 1/1 token and have participated in the development of the Ordinals ecosystem. Among their notable projects are BITBARS, one of the initial art collections inscribed on Bitcoin, and SEEDS, a recursive project that allows token holders to customize their inscriptions using onchain mechanisms. With experience in product design and systems thinking, dxxmsdxy will spearhead the design and user experience of Matador's digital gold platform.

"We're pleased to welcome both Antoine and dxxmsdxy to the Matador team," said Deven Soni, CEO of Matador Technologies. "Their combined experience with Bitcoin and Ordinals, along with their design and development expertise, will be valuable as we launch our digital gold product."

About Matador Technologies Inc.

Matador Technologies Inc. is leveraging blockchain technology to digitize real-world assets like gold. With a focus on building innovative financial solutions, Matador is at the forefront of integrating blockchain technology to preserve and grow value. Matador's digital gold platform aims to democratize the gold buying experience, combining the best of modern technology and time-proven assets, to create a platform that will allow users to buy, sell, and store gold 24/7 in a convenient and engaging way.

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Some of the risks and uncertainties that could affect the development of Matador's operations and business are disclosed in the Company's documents filed with Canadian securities administrators on SEDAR (www.sedar.com).

The use of the term “will” or variations thereof in this news release is not intended to indicate that the events described by such terminology will occur or that certain plans will be carried out, but rather describes the Company's current anticipations.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in any forward-looking statement, there may be other factors that could cause results to vary.

The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as required by applicable securities law.