iPower (NASDAQ:IPW) said on Feb. 23, 2026 that it has entered into a non-binding Memorandum of Understanding with Nanopulse to evaluate opportunities to distribute cryptocurrency infrastructure hardware across the United States.
Under the proposed framework, the agreement considers hardware sales, possible recurring commission-based revenue arrangements, and exploratory involvement as a U.S.-based validator or node operator. Any activities would remain subject to final agreements, regulatory compliance and due diligence. iPower stressed that the initiative relates strictly to hardware distribution and does not involve financial services.
The move aligns with iPower’s broader strategy of leveraging its existing logistics and commerce infrastructure to support crypto-focused technologies, particularly as blockchain networks increasingly rely on physical equipment but often lack the operational capabilities required to market, distribute and service hardware in the U.S. market.
“Crypto networks increasingly depend on physical infrastructure, but most projects are not built to efficiently sell, ship and support hardware at scale,” said Lawrence Tan, Chief Executive Officer of iPower. “This initiative positions iPower as the execution layer that bridges crypto-native innovation with real-world distribution, operational discipline and compliance.”
Unlike conventional distribution agreements, discussions under the MOU include potential multi-layer revenue structures. These could combine immediate income from hardware sales with possible commission-based participation tied to future revenue generated by infrastructure deployed through iPower, pending regulatory review and definitive documentation.
The companies also intend to assess whether iPower could participate as a U.S.-based validator or node operator. Any such role would remain exploratory and would require separate technical, legal and commercial agreements before proceeding.
About iPower Inc.
iPower Inc. (Nasdaq: IPW) is a technology- and data-focused supply chain and infrastructure provider serving online retailers and brands, operating at the intersection of digital assets and physical commerce. The company provides procurement, fulfillment, logistics and software-enabled solutions, while advancing a broader crypto strategy through licensed partners and compliant infrastructure initiatives.