OpenWorld, Inc. (NASDAQ: OPNW) announced on October 7, 2026, that it has entered into a non-binding term sheet with Beyond Limits, Inc. (BeyondAI) and Eidos Digital Assets SPC. The agreement outlines a proposed intellectual property-backed financing transaction valued at up to $130 million.
The proposed financing is intended to be structured through the issuance of digital tokens by a segregated portfolio of Eidos. These tokens would represent investor rights to payments backed by eligible intellectual property belonging to BeyondAI. OpenWorld’s subsidiary, Open World Inc., is expected to provide transaction structuring, implementation, tokenization, technology integration, reporting infrastructure, and operational services for the deal.
OpenWorld’s CEO, Matthew Shaw, stated that the transaction is designed to turn high-quality intellectual property, such as patents and software rights, into financeable collateral. BeyondAI’s founder and CEO, AJ Abdallat, noted that the arrangement is intended to function as a financing structure backed by eligible rights rather than a sale of the company’s technology. This approach is intended to preserve flexibility for the company to serve customers and develop new solutions.
The proposed transaction remains subject to the negotiation and execution of definitive documentation, the satisfaction of applicable conditions, and the completion of the contemplated transaction. There can be no assurance that the proposed financing will be consummated on the terms described or at all. The final compliant structure will be defined in the definitive agreement at close.
BeyondAI’s investors include Aramco Ventures, ILA, and BP Ventures. The company has previously announced commercial agreements with Aramco and a collaboration with HUMAIN to develop and deploy AI solutions across Saudi Arabia’s resource sectors. BeyondAI’s foundational AI technology traces its origins to NASA’s Jet Propulsion Laboratory.
