Key positives include a clean balance sheet with no financial debt, a sizeable asset base ready to be deployed, and a clearly articulated vision for a technology-led, globally focused digital bank. The planned partnerships with established Web3 players, combined with a potential banking license and substantial real-world asset backing, give the future SOUL WORLD BANK a differentiated starting point versus many pure crypto or pure fintech peers.

Major risks stem from the absence of any current operating business, negative cash generation, and negative equity, all of which mean the story is almost entirely about future execution. Regulatory and compliance challenges around stablecoins, tokenized assets, and cross-border digital finance are significant, and competition from both traditional banks and crypto-native platforms is intense. The reliance on non-operating gains to show current profit underscores how fragile today’s financial picture is without a functioning bank behind it.

Looking ahead, Soulpower is best viewed as a transitional vehicle moving toward the creation of SOUL WORLD BANK, with outcomes that could range from highly transformative to disappointing, depending on execution and regulation. The opportunity lies in building a regulated, asset-backed, AI and Web3-enabled financial platform that can serve global users more efficiently than incumbents. Until the merger closes and the combined entity begins to operate, financial results and competitive positioning will remain highly uncertain, and future performance will depend on how effectively the ambitious strategy is turned into a resilient, cash-generating business model.