ProText Mobility Selected as ABSA Bank’s First Digital-Asset Custody Pilot Client
News related to:ProText Mobility, Inc · 2 min read
JOHANNESBURG, South Africa, Sept. 28, 2026 /CourierPR/ -- ProText Mobility, Inc., a company developing digital-asset infrastructure, has made significant strides in its institutional custody strategy. The firm announced that it has been selected as the first pilot client for ABSA Bank’s digital-asset custody onboarding process. This development marks a critical step in TXTM’s broader roadmap, which aims to connect real-world assets with the emerging digital financial economy.
According to the press release, ABSA Bank has confirmed that ProText Mobility’s Chairman will participate in this pilot program. This confirmation is significant as it places ProText Mobility within the process of developing institutional custody infrastructure.
ProText Mobility’s digital-asset custody infrastructure is built on the SVLT tokenization platform, which uses an ERC-3643 permissioned token architecture. The company has already tokenized its agricultural seed initiative and is working to connect qualifying real-world assets with a framework that includes independent verification, tokenization, and institutional custody. The SVLT tokenization platform is intended to support a broader ecosystem involving multiple qualifying asset classes, projects, and jurisdictions.
In addition to its institutional custody efforts, ProText Mobility is expanding its real-world asset (RWA) initiatives. The company is advancing its Venezuela initiative, which involves a signed government pilot to create a circular agricultural infrastructure model. The proposed model connects food production with potential renewable energy, resource recovery, and environmental value creation. The initiative includes rice production, agricultural residue recovery, biogas generation, renewable power and heat, fertilizer and resource recovery, and potential green hydrogen production.
ProText Mobility is also exploring opportunities with Brightly Ventures and B Terra Corp. Brightly Ventures introduces opportunities involving environmental measurement, data infrastructure, verification, and the development of qualifying environmental assets. The company is evaluating how these capabilities may complement its broader RWA and institutional infrastructure strategy.
ProText Mobility has completed its 2022 and 2023 audits and is advancing its 2024 and 2025 IFRS audit. The company is working towards a secondary-listing framework, including a 12-month minimum primary-listing period on a regulated exchange. The company’s guiding philosophy remains: 432 Hz RESONANCE → ALIGNMENT.
The company’s Chairman recently returned from India following his participation in BRICS 2026-related engagements. These activities form part of the company’s continuing efforts to establish international relationships and identify opportunities connecting real-world economic development with institutional financial infrastructure. During his visit, the Chairman also met with His Excellency Jason Hall, Jamaica’s High Commissioner to India.
The company is also advancing its environmental and real-world asset strategy. In April 2025, Xpansiv announced its planned offering of Brightly’s food-waste methane-reduction carbon credits through its CBL exchange. The initial offering is approximately 250,000 ex-ante credits, with potential expansion to 500,000. Separately, in October 2023, the Johannesburg Stock Exchange announced its collaboration with Xpansiv to establish an African voluntary carbon marketplace through JSE Ventures.
These developments demonstrate how environmental projects, carbon-market infrastructure, and international financial markets are becoming increasingly connected. They also provide relevant market context for ProText Mobility’s broader RWA strategy and international ambitions.