Building Bitcoin Network Infrastructure

Vaultz Capital operates scalable Bitcoin mining operations while maintaining a strategic Bitcoin treasury position.

Operating Strategy

Vaultz operates a Bitcoin mining business, using remote data centres which provide shared processing power. Vaultz has committed to a cloud mining managed service to keep the process simple and cost effective. Deploying this strategy, Vaultz has access to the cryptocurrency mining revolution, for a lower investment, without the contraints linked to hardware.

The key advantages of the Vaultz cloud mining solution is that it enables the company to have access to mining possible from a low-cost base without significant costs of physical hardware and its attendant running costs. This operating model is intended to provide Vaultz with ongoing exposure to Bitcoin block rewards and transaction fees, forming the core of the Company’s commercial activity.

Board & Management

Vaultz Capital is led by an experienced team of corporate finance professionals, digital asset entrepreneurs, and blockchain specialists. Together, the Board and Management combine strong governance with deep sector expertise to execute the Company’s strategy and growth.

Board of Directors

Eric Benz

Chief Executive Officer

Eric Benz is a seasoned digital asset strategist and entrepreneur with over a decade of leadership across the crypto, Web3, fintech, and AI sectors. An early investor in Blockchain Capital, he co-founded GoCoin in 2013 with Brock Pierce, enabling businesses worldwide to accept cryptocurrency payments. He later helped launch Uphold (formerly BitReserve), a multi-asset platform bridging crypto, fiat, and commodities, and served as CEO of Changelly, the world’s first crypto swap exchange.

Mr Benz also founded the UK Digital Currency Association, and in 2023 launched Flashy, a Web3 platform for creator economies and cultural finance. Alongside Vaultz, he is a Venture Banking Partner at DNA Fund and advises a global portfolio of emerging technology companies.

Fungai Ndoro

Non-Executive Director

Fungai Ndoro is a highly accomplished corporate financier with extensive experience advising and supporting growth companies in the UK small-cap market. With over a decade in the City, she has led and executed a wide range of corporate transactions—spanning IPOs, acquisitions and complex reorganisations—across the London Stock Exchange, AIM and AQSE. She has been instrumental in the structuring and launch of innovative businesses within the digital assets and technology sectors. Fungai brings deep expertise in capital markets strategy, governance and investor engagement, and continues to contribute to the growth ambitions of Vaultz Capital, as Non-Executive Director.

Charlie Wood

Non-Executive Chairman

Charlie Wood brings more than 20 years of experience in capital markets, corporate finance, and business development, advising listed and private companies across multiple sectors. He is a Partner at Orana Corporate, a London-based advisory firm, and a Director of Terra Nova Resources, a gold investment vehicle focused on advancing high-quality assets. With expertise in natural resources and technology, and a track record of working with growth companies on AIM and ASX, Charlie provides strategic oversight, governance leadership, and global capital markets insight as Non-Executive Chairman of Vaultz Capital.

Management

Aleksander Nowak

Chief Operating Officer

Aleksander (“Aleks”) Nowak is an accomplished leader with over 20 years of experience across fintech, blockchain, military, and maritime security. As Founder and CIO of BlockEx, he designed and built a pioneering digital asset platform, establishing himself as an expert in regulatory-compliant blockchain solutions. At Vaultz, Aleks is responsible for aligning strategy with operations, overseeing business functions to maximise process efficiency and delivery. He has guided companies through complex digital transformations and previously served as a commissioned officer in the British Army, as well as holding leadership roles in maritime security — bringing a unique perspective on discipline, structure, and operational resilience.

James Bowater

Head of Global Partnerships

James Bowater is a recognised leader in digital assets, blockchain, and Web3. Founder of Crypto AM with City A.M. and The Digital Commonwealth, he also serves as Global Ambassador for World Mobile, CUDOS and Minutes Network, and advises several blockchain platforms. Named Blockchain Adviser of the Year at the 2022 AIBC Awards, James brings deep industry knowledge and a global network to Vaultz Capital, where he leads partnerships supporting the Company’s Bitcoin mining and Treasury strategy.

Advisory Board

Vaultz Capital’s Advisory Board provides specialist counsel in blockchain infrastructure, regulation, institutional markets, and treasury strategy.

Marc Taverner

CEO and Co-founder, XEROF

Marc Taverner brings over 30 years of international experience in technology, blockchain, and fintech. He is CEO and Co-founder of XEROF, a Swiss-regulated financial services firm specialising in cryptoasset payments and treasury solutions. Previously, Marc was Executive Director of INATBA, the European Commission- backed blockchain association, where he led engagement during the development of MiCA. Earlier, he held senior roles at Bitfury, a leader in crypto mining and blockchain infrastructure. His career includes several successful ventures in internet
communications and fintech.

Hans Henrik Hoffmeyer

Co-founder, Coinify

Hans Henrik Hoffmeyer is Co-founder and former COO of Coinify, a blockchain payments platform acquired twice under his leadership. With over 30 years of experience in payments and fintech, he has contributed directly to European regulation including AMLD5 and MiCA. His expertise in regulated digital asset operations provides Vaultz Capital with valuable insight into blockchain integration with institutional finance.

Adam Vaziri

CEO, Blockpass

Adam Vaziri is a recognised pioneer in blockchain and digital identity. As CEO of Blockpass, he leads an AI-driven platform delivering rapid KYC, KYB, and AML solutions to more than 1.1 million verified users and 3,000 businesses. Adam founded Diacle, the UK Digital Currency Association, and Bitlegal.io, a global tracker of Bitcoin legislation. He also launched HackCoin, a pioneering blockchain hackathon series, and co-founded Chain-Finance and Chain of Things. Named a “Bitcoin pioneer” by Bitcoin Magazine, Adam has been a leading voice in blockchain regulation and innovation.

Strategy and Disclosure

At Vaultz Capital, our strategy is driven by a commitment to long-term value creation. We allocate capital efficiently across both our Bitcoin treasury and operating activities, ensuring that every deployment supports our core mission of maximizing Bitcoin-denominated shareholder value.

Our Bitcoin Treasury Strategy balances accumulation and resilience. Transparency and communication form a pillar of our core foundation that supports our mission.

We will disclose any material changes to our Bitcoin holdings through timely market updates and regulatory disclosures.

Risk Statement

Vaultz Capital Plc will hold a portion of its corporate treasury in Bitcoin, a digital asset commonly referred to as cryptocurrency. While the Board believes this strategy aligns with our long-term vision and is in the best interests of shareholders, we recognise that Bitcoin is classified as a high-risk asset by the UK Financial Conduct Authority (FCA).

Vaultz Capital is not authorised or regulated by the FCA, and Bitcoin itself remains an unregulated asset class within the UK. Accordingly:

The value of Bitcoin is highly volatile and may rise or fall significantly over short periods.
The Company’s ability to liquidate its Bitcoin holdings may be constrained by market conditions, liquidity, or operational limitations.
Investors are not protected under the Financial Services Compensation Scheme (FSCS) or eligible to complain to the Financial Ombudsman Service (FOS) in relation to our Bitcoin exposure.

Investor Considerations

Despite the risks outlined below, the Board remains confident in the long-term strategic case for Bitcoin and its relevance as a resilient store of value in an increasingly inflationary and uncertain monetary environment. Vaultz Capital’s treasury policy is underpinned by rigorous due diligence, robust governance, and a forward-looking commitment to financial innovation.

An investment in Vaultz Capital Plc is not a direct or indirect investment in Bitcoin. However, due to our treasury strategy, investors should be aware that the Company maintains material exposure to the value of Bitcoin.

We acknowledge the potential risks associated with this exposure, including:

Market volatility – Bitcoin’s value can fluctuate sharply and unpredictably.
Security risk – Digital assets may be vulnerable to cyberattacks, loss, or theft if not properly secured.
Liquidity risk – There may be instances where Bitcoin cannot be sold efficiently at the desired time or price.
Regulatory uncertainty – Evolving legal and regulatory frameworks may impact the Company’s operations or the valuation of its Bitcoin holdings.