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Corporate Disclosure

In compliance with the transparency requirements set out by Italian regulations on innovative startups, we publish below the required corporate information: corporate purpose, shareholder structure, latest financial statements and filed patents.

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Corporate purpose Shareholders Financial statements Patents

Corporate purpose

The company's exclusive or primary purpose is the development, production and marketing of innovative products and services with high technological value, with particular reference to:

  • Research, design and development of advanced cryptographic technologies for the security of data, communications and digital transactions, aimed at their evolution towards post-quantum cryptography solutions;
  • Development of technological solutions for digital payment infrastructures and for card systems and electronic media equipped with hardware security elements and advanced cryptographic functionalities, including post-quantum types based on distributed ledgers;
  • Research and development of methodologies, protocols and software for the secure exchange of digital value and assets directly between electronic devices, even without a network connection ("offline" mode), suitable for ensuring transfer integrity and preventing value duplication;
  • Design, development and implementation of artificial intelligence systems and agents, including software architectures based on machine learning models and autonomous agents;
  • Development of algorithms, protocols and software platforms that integrate advanced cryptography and artificial intelligence in the fields of cybersecurity and secure information processing.

As an activity instrumental and ancillary to the achievement of its main purpose, the company may also provide IT and technology consulting services, software development on behalf of third parties, and training and technical support activities.

The company may carry out all commercial, industrial and service operations, whether movable or immovable, deemed necessary and/or useful for achieving its corporate purpose. In compliance with the exclusions and prohibitions set out by the laws in force from time to time, and solely for the purpose of achieving its main purpose and for investment purposes only, not for placement, it may acquire, directly or indirectly, interests or shareholdings in companies, consortia, consortium companies, joint ventures, temporary business groupings, associations or businesses with a similar, related, connected, complementary or instrumental purpose, based in Italy or abroad.

Excluded from the corporate purpose are, in any case, the activities reserved to financial intermediaries under Article 106 of Legislative Decree No. 385 of 1 September 1993, those reserved to securities brokerage firms under Legislative Decree No. 58 of 24 February 1998, brokerage activities under Law No. 39 of 3 February 1989, protected professional activities under Law No. 1815 of 23 November 1939 and its subsequent amendments and integrations, and in general all activities that by law are reserved to parties holding specific requirements not held by the company.

Shareholders

The list of shareholders of BYTE42 S.r.l.:

Luca Vignali

Chairman of the Board and CTO

Riccardo Setti

Board Member, CMO and Head of Business Development

Giovanni Capaccioli

Board Member and Product Owner

Riccardo Greco

Senior Blockchain Developer

Fabio Gennero

Senior Blockchain Developer

Aliaksey Vitziunk

Senior Blockchain Developer

Edoardo Maccherini

Senior Blockchain Developer

Gianluca Spinelli

Senior UX/UI Designer

Financial statements

View the PDF of the latest approved annual financial statements.

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Patents

Patent applications filed by BYTE42 S.r.l. with the Italian Patent and Trademark Office (UIBM):

Griddy® Card logo®

Griddy® Card

Integrated system and method for managing EMV payments, blockchain transactions and loyalty programs via smart cards and a routing backend.

  • Status Application filed
  • Application number 102025000023011
  • Filing date 08/09/2025
  • Authority UIBM
dE

dEuro

Computer-implemented method and system for the issuance, management and auditing of stable digital tokens (stablecoins) compliant with European regulations, named dEURO.

  • Status Application filed
  • Application number 102025000025576
  • Filing date 02/10/2025
  • Authority UIBM

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BYTE42 S.r.l. - PI. 01762750535 - REA GR-232344 - Via Anna Magnani 38/54, 58100 Grosseto (GR)

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BYTE42 S.r.l. - PI. 01762750535 - REA GR-232344 - Via Anna Magnani 38/54, 58100 Grosseto (GR)

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