Transformative Equity Transaction Announced
Miami Beach, FL, and London, UK, Feb. 25, 2026 – Cuentas Inc. ($CUEN) and World Mobile Group Ltd today unveiled a significant equity transaction where World Mobile Group exercised its payable notes in exchange for 1,277,018 shares of Cuentas Inc. common stock, representing approximately 18.5% ownership of the company. This strategic conversion showcases a robust confidence in Cuentas’ platform and propels both companies towards their shared objective of creating a next-generation mobile, blockchain, and media ecosystem.
Partnership Overview
Cuentas Inc. and World Mobile Group Ltd. (UK) are co-owners of World Mobile LLC. World Mobile Group Ltd. oversees the rapidly growing WMTx crypto token ecosystem, which has seen over 1.5 billion tokens in average daily trading volume during the past month, highlighting increasing global adoption and liquidity.
Both companies are actively pursuing growth through a cohesive strategy that merges mobile services, sophisticated security solutions, blockchain infrastructure, and media distribution. They are constructing a scalable platform aimed at empowering consumers, creators, and broadcasters, thereby unlocking new revenue opportunities and expanding their reach in both domestic and international markets.
Aligned Leadership Driving Growth
The partnership benefits from the aligned vision of their leaders. Shalom Arik Maimon, CEO of Cuentas Inc., and Micky Watkins, CEO of World Mobile Group Ltd., bring over 40 years of combined industry expertise to this collaboration. Their goal is to transform proven assets into a unified market offering.
Mr. Maimon’s exclusive mobility license, acquired over a decade ago, provides a strong foundation for a bold rollout in the U.S., complemented by Mr. Watkins’ extensive experience in blockchain, telecommunications, and digital infrastructure. Plans are also in motion to expand into media, broadcasting, and celebrity-driven content, strategically positioning the platform at the crossroads of connectivity, culture, and commerce.
Statements from Leadership
“This equity conversion is more than just a financial transaction; it’s a testament to our belief in what we are building,” said Shalom Arik Maimon. “With CUEN trading on the OTCQB and our strategic partner now holding the largest share, we are accelerating our execution and positioning Cuentas for substantial growth in the U.S. and beyond.”
Micky Watkins further commented, “By aligning ownership, leadership, and vision, we are enhancing our pace to deliver disruptive mobile services, blockchain-powered solutions, and creator-focused opportunities to a global audience.”
About Cuentas, Inc.
Cuentas, Inc. ($CUEN) is an integrated communications, entertainment, and lifestyle platform that prioritizes a mobile-first consumer experience. Through proprietary technology and strategic media partnerships, Cuentas combines mobile telephony, premium entertainment content, and digital lifestyle services into a singular, vertically integrated ecosystem. Through its 51% ownership of World Mobile LLC, Cuentas integrates both existing and emerging technologies to provide reliable and unique mobile services, including voice, text, data, and next-generation communication solutions. These services are geared towards supporting high-quality media consumption and live interactive entertainment.
For media and investor inquiries, contact Investor Relations at info@cuentas.com or visit cuentas.com.
About World Mobile Group Ltd
World Mobile is transforming global connectivity by creating a mobile network that prioritizes people over profit. The aim is to build a decentralized mobile network that is accessible, secure, and fair, ensuring that everyone is connected, from bustling urban areas to remote locales. With a commitment to user privacy and data integrity, World Mobile is paving the way for a network that rewards participation and empowers users.
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