SecureTech Innovations, Inc. (OTCQB: SCTH) The Market Is Arriving

—  Why This Transaction Matters

• Piranha Blockchain is now an operating business. On October 22, 2026, SecureTech closed a perpetual, exclusive, worldwide license to the QSTAK and QSTAKCHAIN technologies for all lawful fields of use, formed the QSTAK Market joint venture that it owns 57% of and controls, and bought a net 15% of QSTAK Holding itself. The company anticipates initial consolidated revenue from QSTAK Market this quarter.¹
• The market it is entering grew nearly sixfold in eighteen months. Tokenized real-world assets on public blockchains reached $38.6 billion on October 1, 2026, up from about $6.6 billion in March 2025.³ Institutional forecasts for 2030 start near $2 trillion.⁵
• Regulators have moved from enforcement to architecture. In ten months the SEC staff clarified how tokenized securities fit existing law, cleared DTC to pilot tokenization, approved Nasdaq’s tokenized trading rule and issued a five-year Innovation Exemption for on-chain trading venues.^7–10
• Security is becoming the next requirement. A June 2026 executive order set December 31, 2030 as the date federal contractors must meet post-quantum cryptography standards.¹² QSTAK’s post-quantum security features are in advanced development and are covered by SecureTech’s license.¹
• SCTH participates two ways. It controls the operating venture that sells tokenization services, and it owns 15% of the company building the underlying technology.
• Built for the move to a national exchange. SCTH trades on the OTCQB, and its application to list on the Nasdaq Capital Market is under review. The QSTAK venture adds a second consolidated revenue engine and new assets to the balance sheet as that process moves forward.¹⁸
• Shareholders were protected on price. No cash was paid. The license is paid in Series B Preferred that cannot convert into common stock, and about 73% of its stated value is earned only on an Exchange launch or revenue milestones.¹

01   What SecureTech Now Holds

The three QSTAK transactions closed together on October 22, 2026 and were reported in a Current Report on Form 8-K filed October 27.^1,2 Taken together, they turn Piranha Blockchain, the SecureTech subsidiary formed for Web3 security and digital-asset infrastructure, from a mandate into a business.

Source: SecureTech press release and Form 8-K, October 27, 2026.¹

Why the terms of the license matter

Four words in the license do most of the work. Perpetual means the rights do not expire. Exclusive means the licensed technology is SecureTech’s to commercialize. Worldwide and all lawful fields of use mean tokenization is the first application, not the boundary. The license also carries forward future improvements QSTAK develops, so the post-quantum work and the Exchange arrive under SecureTech’s rights as they are completed.¹

SecureTech then granted QSTAK Market a royalty-free sublicense, and no cash or ongoing royalty is owed to QSTAK for SecureTech’s own use of the technology.¹ In plain terms, the venture that earns the revenue does not pay a toll to the developer for the rails it runs on.

02   The Market: From Pilot to Asset Class

Tokenization means recording ownership of a real asset, such as a Treasury bill, a loan, a share of stock or a building, as a digital token on a blockchain. For most of the last decade it was a pilot program. In 2026 it became a market.

Source: RWA.xyz distributed asset value, as reported by PYMNTS (March 2026), Cryptic Web3 (July 2026) and Crypto Briefing (October 2026). Excludes stablecoins.^3,4

RWA.xyz counted $38.61 billion of tokenized real-world assets across 39 networks on October 1, 2026. Other trackers that count more broadly put the figure higher, at roughly $46 billion in late September.³ Whichever count an investor prefers, the direction is the same: the market has grown roughly sixfold since early 2025, and the growth is being led by institutional products such as tokenized Treasury funds.

Where the market is headed

McKinsey excludes stablecoins; BCG/Ripple includes stablecoins and tokenized deposits.⁵

The forecasts differ in scope, but they point in the same direction. Even McKinsey’s base case implies the market grows about fifty-fold from today’s $38.6 billion by the end of the decade.

Where the room is

Today’s market is led by the most liquid assets. U.S. Treasuries are the largest single category, and established market infrastructure is starting there. The DTC tokenization pilot covers Russell 1000 stocks, Treasuries and major-index ETFs.⁸

The larger opportunity is still ahead. Tokenized real estate, often cited as the signature use case, stood at about $226 million in September 2026, less than 1% of the tracked market.⁶ Private credit, private company shares, funds and smaller issuers are at a similarly early stage, with substantial room to grow. That is the territory an independent platform can serve, and it is where QSTAK Market is pointed: its stated first line of business is tokenizing real-world assets, offered in compliance with applicable regulatory requirements.¹

03   How Tokenization Is Changing Securities

A tokenized security does not change what an investor owns. It changes how ownership is recorded, moved and used. That distinction is the key to why regulators have warmed to it.

What does not change is the law. In January 2026 the staff of three SEC divisions stated that tokenized securities remain securities and that the federal securities laws apply to them as they do to traditional ones.⁷ The staff also drew a taxonomy that matters to anyone choosing a tokenization partner: securities tokenized by or for the issuer on one side, and third-party models, including synthetic tokens that only track an asset, on the other. That clarity gives issuers a defined path, and it favors platforms built around it.⁷

The practical result is a market that rewards platforms built for issuer-sponsored, compliant tokenization. Nasdaq’s approved rule shows where the mainstream is heading: tokenized shares that carry the same rights, trade on the same order book and settle on the same cycle as their traditional counterparts.⁹

04   The Regulatory Turn

Under Chairman Paul Atkins, the SEC has been writing a clear rulebook for digital assets, and tokenization sits at its center.

Sources: SEC; law firm summaries listed in Notes and Sources.^7–11

Announcing the Innovation Exemption, Chairman Atkins described the goal as bringing America’s capital markets “into the digital age.”¹⁰ The exemption runs through September 2031 and lets qualifying venues trade tokenized exchange-listed stocks on-chain without registering as exchanges, provided access is permissioned and the tokens carry the same rights as the underlying shares.¹¹

What this means for SCTH

The Innovation Exemption is focused on tokenized exchange-listed stock. Its larger significance for SecureTech is the direction it sets. Each step in the sequence above adds clarity for issuers, custodians and investors, and each favors operators that build to the rules.

For QSTAK Market, a clearer rulebook means a clearer product. Issuers deciding whether and how to tokenize now have an official taxonomy to work from, and a platform that commits, as QSTAK Market has, to offering its services in compliance with applicable requirements is positioned on the side of that line the SEC has chosen to encourage.¹

05   The Quantum Dimension

Blockchains are secured by digital signatures. Most of them, including Bitcoin and Ethereum, rely on elliptic-curve cryptography that a large enough quantum computer could break, allowing an attacker to forge a signature and move assets without the owner’s consent.¹³

Most estimates place such a machine after 2030,¹⁴ and 2026 brought that horizon closer. In March, a Google Quantum AI paper estimated that the elliptic curve used by Bitcoin could be broken with fewer than 500,000 physical qubits under certain hardware assumptions, a sharp reduction from earlier estimates.¹³

Washington has put a date on it

Sources: NIST; White House; G7 Cyber Expert Group, via sources listed.^12–15

Why this matters more for tokenized assets

A tokenized Treasury bill may live on-chain for a few months. A tokenized property deed, private loan or share of a private company may need to sit on a ledger for ten, twenty or thirty years. That is longer than most published timelines for a cryptographically relevant quantum computer. An asset record created today has to survive the cryptography of the 2030s.

That is why building security in from the start matters. Researchers note that on established networks the same public keys can hold value for years and signature schemes are built into consensus rules, which makes upgrading them a long, coordinated effort.¹⁶ A platform designed with post-quantum security in mind avoids that retrofit.

This is where QSTAK fits. Its developer is building post-quantum security features into the platform itself, those features are in advanced development, and SecureTech’s license covers them as they are completed.¹ For QSTAK Market, that answers a question institutional issuers are beginning to ask in due diligence: will the record of my asset still be secure when the rules and the threat catch up? It also aligns Piranha Blockchain with the security mandate in SecureTech’s name.

06   How the Joint Venture Benefits SCTH Shareholders

The deal terms are where the value to shareholders shows up most clearly. Each feature below is drawn from the company’s October 27 disclosures.^1,2

Alignment by design

The most important feature of the structure is that every party is paid for the same outcome. QSTAK earns its two largest license tranches, $6.5 million each in Series B Preferred, only when QSTAK Market reaches $7.5 million and then $15.0 million of gross revenue in any twelve-month period.¹ It also owns 38% of the venture. SecureTech owns 57% of the venture and 15% of QSTAK. The developer cannot be paid in full unless the business SCTH controls is producing revenue.

The milestones show the scale the parties built the deal around. For reference, SecureTech’s trailing four-quarter revenue through June 30, 2026 was about $12.6 million.¹⁷ A QSTAK Market generating $15.0 million a year would, on its own, exceed the company’s entire current revenue base.

What it adds to the balance sheet

SecureTech expects to record the license as an intangible asset tied to the $6.0 million closing tranche, and to carry its 15% interest in QSTAK at its $4.5 million cost. Final amounts will be set under U.S. GAAP.¹ Against total stockholders’ equity of $10.8 million at June 30, 2026, those additions are material.¹⁷

07   Positioned for a National Exchange

SecureTech has traded on the OTCQB Venture Market since August 1, 2025, and its application to list on the Nasdaq Capital Market is under review.¹⁸ Through 2026 the company has been building the infrastructure an exchange-listed company needs.

Sources: Form S-1; company announcements and Forms 8-K.^18–21

What the QSTAK venture adds to that case

Exchange reviews look at the substance of a company: the scale and depth of its business, the strength of its balance sheet and the quality of its governance. The QSTAK transactions speak to the first two.

• A second revenue engine. QSTAK Market’s results will be consolidated into SCTH’s financial statements, adding a new line of business alongside AI UltraProd.¹
• A stronger balance sheet. The license and the 15% QSTAK stake are expected to be recorded as assets, adding to stockholders’ equity, a core measure in exchange listing standards, without spending cash.¹
• An unchanged common share count. Because the Series B Preferred cannot convert, the license adds assets without adding common shares.¹

Taken together, the QSTAK transactions add scale and balance-sheet strength while SecureTech’s exchange application is under review.

08   Milestones to Watch

The joint venture’s progress can be tracked through discrete, observable events.

1. First consolidated revenue from QSTAK Market, which SecureTech anticipates this fiscal quarter.¹
2. A detailed operating announcement on QSTAKCHAIN and QSTAK Market’s planned operations, which the company has said will follow.¹
3. Commercial launch of the QSTAK Exchange, which also earns the second Series B tranche.¹
4. Release of QSTAK’s post-quantum security features.
5. Q3 2026 Form 10-Q, expected in mid-November, the first periodic filing to describe the transactions.
6. QSTAK Market reaching $7.5 million, then $15.0 million, in twelve-month gross revenue.¹
7. A decision on SecureTech’s Nasdaq Capital Market listing application, the step from the OTCQB to a national exchange.¹⁸

09   Financial Snapshot

Balance sheet as of June 30, 2026 (unaudited) unless noted.

Methodology Note

Market-size figures are drawn from third-party trackers that define and count tokenized assets differently; the chart in Section 02 uses a single tracker, RWA.xyz, as reported by the publications cited. The fifty-fold figure compares McKinsey’s 2030 base case with RWA.xyz’s October 1, 2026 value. The 73% contingent share of license consideration was calculated by The Vanderbilt Report from the stated tranche values ($16.0 million of $22.0 million). Trailing four-quarter revenue is the sum of reported revenue for Q3 2025 through Q2 2026. No discounted cash flow, earnings multiple, rating or price target has been prepared.

Notes and Sources

1. SecureTech Innovations, Inc. press release, “SecureTech Acquires Exclusive License to QSTAK Blockchain and Post-Quantum Technology,” October 27, 2026 (Exhibit 99.1 to Form 8-K).
2. SecureTech Innovations, Inc. Current Report on Form 8-K dated October 27, 2026 (date of earliest event October 22, 2026), including the Joint Venture Agreement, Exclusive Intellectual Property License Agreement, QSTAK Market operating agreement, Stock Purchase Agreement and Series B Certificate of Designation.
3. xyz distributed tokenized asset data as reported by PYMNTS (March 8, 2026) and Crypto Briefing (October 1, 2026); Token Terminal data as reported by Crypto Briefing.
4. xyz data as reported by Cryptic Web3, “RWA Tokenization in 2026” (July 2026).
5. McKinsey & Company, tokenization market analysis (June 2024); Boston Consulting Group and Ripple, tokenization report (April 7, 2025).
6. Learnsignal data as reported by CoinCentral, “Tokenized Real-World Assets Statistics 2026” (October 2026).
7. SEC Divisions of Corporation Finance, Investment Management, and Trading and Markets, Statement on Tokenized Securities, January 28, 2026; summaries by Cooley LLP and Dechert LLP.
8. SEC Division of Trading and Markets, no-action letter to The Depository Trust Company, December 11, 2025; summaries by Carlton Fields and Dechert LLP.
9. SEC approval of Nasdaq rule change permitting trading of securities in tokenized form, 91 F.R. 13900 (March 18, 2026); summary by Dechert LLP.
10. SEC press release 2026-90, “SEC Issues ‘Innovation Exemption’ to Facilitate the Trading of Tokenized NMS Stock and Request for Comment,” September 17, 2026.
11. Summaries of the Innovation Exemption by Dechert LLP, Davis Polk and Sullivan & Cromwell (September–October 2026); SEC Chairman Atkins remarks launching Project Crypto, July 31, 2025, as summarized by Sidley Austin.
12. Executive Order, “Securing the Nation Against Advanced Cryptographic Attacks,” June 22, 2026 (whitehouse.gov); summaries by Crowell & Moring and Jenner & Block.
13. Google Quantum AI research paper, March 31, 2026, as reported by KuCoin Research and Decrypt; NIST FIPS 203, 204 and 205, August 2024.
14. Grayscale, 2026 Digital Asset Outlook, as reported by Decrypt.
15. G7 Cyber Expert Group, financial-sector post-quantum roadmap, January 2026, as summarized by The Quantum Insider and Keyfactor.
16. Project Eleven, “The Quantum Threat to Blockchains – 2026 Report,” May 2026.
17. SecureTech Quarterly Report on Form 10-Q for the period ended June 30, 2026, filed August 19, 2026, and Annual Report on Form 10-K/A for fiscal 2025, filed August 5, 2026.
18. SecureTech Registration Statement on Form S-1, filed September 8, 2026.
19. SecureTech Current Report on Form 8-K filed August 5, 2026 and company announcement of the engagement of Marcum Asia CPAs LLP.
20. SecureTech press releases dated March 31, April 7 and April 14, 2026 announcing independent director nominees.
21. SecureTech Current Report on Form 8-K filed June 10, 2026 announcing the appointment of Anthony Vang as Chief Financial Officer.

Important Disclosures

Other Relationships: A contributor to this report has provided documentation services in connection with issuer onboarding for the QSTAK Market joint venture. That contributor holds no equity or other economic interest in SecureTech Innovations, Inc., QSTAK Holding, LLC or QSTAK Market, LLC. Craft Capital Management, LLC, the company’s investment banker, owns 5% of QSTAK Market, LLC.

Registration Statement: SecureTech Innovations, Inc. has filed a registration statement on Form S-1 with the SEC that has not become effective. This report is not an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Regulatory References: References to SEC statements, orders and approvals describe the general regulatory environment for tokenized securities. They do not indicate that the SEC or any other regulator has reviewed, approved or endorsed SecureTech, QSTAK Holding, QSTAK Market or any of their products or services.

About The Vanderbilt Report: The Vanderbilt Report is a financial communications platform providing analysis on publicly traded companies, with a focus on small-cap and micro-cap equities, based in Bristol, Tennessee.

Not Investment Advice: Nothing in this report is a recommendation to buy, sell or hold any security, and nothing is tailored to the circumstances, objectives, risk tolerance or financial position of any reader. No price targets or return expectations are expressed or implied. Readers should verify all information independently, review the company’s SEC filings in full, including the risk factors in the Form S-1, Form 10-K/A, Form 10-Q and the Form 8-K dated October 27, 2026, and consult a licensed financial adviser before making any investment decision.

Forward-Looking Statements: This report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements about the QSTAK license, the QSTAK Market joint venture and its anticipated revenue, the commercial launch of the QSTAK Exchange, the development of post-quantum security features, the growth of the tokenization market, the regulatory environment, the expected accounting treatment of the QSTAK transactions and future financial and operating performance. These statements involve known and unknown risks and uncertainties, including those described under Risk Factors below and in the company’s SEC filings, that could cause SecureTech’s actual results, performance or achievements to differ materially. Market forecasts cited are third-party estimates and may not be realized. These statements speak only as of the date of this report, and The Vanderbilt Report undertakes no obligation to update them.