Allied Architects will participate as the main sponsor in “ASCON,” an AI Agent Economy Competition organized by Nyx Foundation. The company will use the competition results to develop expertise in cryptocurrency yield strategies and the security assessment of on-chain operations, thereby advancing the “alpha strategy” of its Asset AX business.
Cryptocurrency asset management, on-chain operations, DeFi, AI agents, and smart contract security assessment
Investment yield of more than 13% on a monthly annualized basis (based on past validation results)
Entered into a partnership agreement in May 2026. Jointly launched a proof of concept (PoC) in June 2026 to verify the security resilience of DeFi protocols using AI agents. Allied Architects is the main sponsor of ASCON, while Nyx Foundation is the organizer.
Based in Bunkyo-ku, Tokyo. A private research institute specializing in Ethereum and blockchain, with formal verification and security as its core areas of expertise. Its activities are funded by donations, research grants and sponsorships.
Target participation: 100 teams
Participation is free of charge
The impact on consolidated results for the fiscal year ending December 2026 will be limited. The Asset AX business is positioned as being in an investment phase, and no revenue from the business is included in the earnings forecast for the fiscal year ending December 2026.
The company does not address Contract Value.
“Explanatory Materials for the Second-Quarter Financial Results for the Fiscal Year Ending December 2026,” published on 14 August 2026
| Item | Details |
|---|---|
| Names of Products / Services Covered | ASCON（Agentic Simulation for eCONomics competition）, Alpha strategy of the Asset AX business |
| Counterparty | Nyx Foundation, a general incorporated association |
| Counterparty overview | Based in Bunkyo-ku, Tokyo. A private research institute specializing in Ethereum and blockchain, with formal verification and security as its core areas of expertise. Its activities are funded by donations, research grants and sponsorships. |
| Relationship with the Company | Entered into a partnership agreement in May 2026. Jointly launched a proof of concept (PoC) in June 2026 to verify the security resilience of DeFi protocols using AI agents. Allied Architects is the main sponsor of ASCON, while Nyx Foundation is the organizer. |
| Offering price | Participation is free of charge |
| Contract Date | May 2026 (partnership agreement) |
| Launch date | Applications opened on 1 September 2026 (actual). The first ASCON is scheduled to take place in the fourth quarter of 2026. The competition period is scheduled for 1 November to 7 November 2026. |
| Applicable area | Cryptocurrency asset management, on-chain operations, DeFi, AI agents, and smart contract security assessment |
| Location scale | Target participation: 100 teams |
| Quantitative Effects | Investment yield of more than 13% on a monthly annualized basis (based on past validation results) |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ending December 2026 will be limited. The Asset AX business is positioned as being in an investment phase, and no revenue from the business is included in the earnings forecast for the fiscal year ending December 2026. |
| Source | “Explanatory Materials for the Second-Quarter Financial Results for the Fiscal Year Ending December 2026,” published on 14 August 2026 |
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
To gain expertise in operational approaches effective for generating stable yields in the Asset AX business and to advance the development of a framework for objectively assessing the security of on-chain operations.