07:43 AM EST, 11/12/2025 (MT Newswires) -- Intellistake Technologies ( ISTKF ) , developing software solutions that leverage decentralized AI infrastructure to deliver enterprise-grade intelligence, earlier on Wednesday noted the announcement of "DESK Token," a new hybrid real estate investment and utility token.

This token was developed as a collaboration between Hotdesk, Al Maryah Community Bank (Mbank), Emirates Coin Investment (EmCoin), and Singularity Venture Hub (SVH), subject to regulatory approvals.

The company also noted that DESK Token is planned to hit the market in the second quarter of 2026, subject to regulatory approvals.

"The ability to tokenize a traditionally illiquid asset class like office property while embedding practical, day-one utility represents a meaningful evolution in digital asset design," said Intellistake Technologies ( ISTKF ) Chief Executive Jason Dussault. "For Intellistake ( ISTKF ), which has an LOI in place to acquire Venture Hub, this reinforces the strength and foresight behind that partnership; identifying an organization already operating at the forefront of compliant tokenization."

Shares of the company closed up 4.3% to $2.92 on Tuesday on the Canadian Securities Exchange.