Public Company TechX Technologies Is Making Significant Acquisitions in the C...
TechX Technologies is a publicly traded company headquartered in Vancouver, Canada. TechX is listed on the Canadian Securities Exchange (TECX), Frankfurt Exchange (C0B1), and the OTC (TECXF). TechX Acquires Mobilum for $16 Million TechX Technologies Inc. (CSE: TECX) (OTCMKTS: TECFX) (FRA: C0B1) is a public company making waves with its mergers and acquisitions initiatives. The company acquired 100% of the assets of Cryptobuddy and has rebranded it to Alt Signals, a crypto trading signals platform through its subsidiary at an all-stock deal valued at C$5 million. Shortly after this....
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Under the terms of the agreement, TechX will acquire a 100% stake in the digital wallet and payments technology company. TechX Technologies Inc., a publicly traded company out of Vancouver, Canada, is in the process of acquiring a fiat-to-crypto gateway that it says will help strengthen synergies between traditional fiat currencies and emerging crypto assets. Mobilium, the acquisition target, is a licensed fiat-to-crypto gateway for exchanges, wallets, liquidity providers and brokers. The company processes up to $250,000 CAD worth of transactions each day, which is equivalent to roughly....
Vancouver-based Bit-X Financial Corp (OTCQB: BITXF) and its 100% owned Bitcoin exchange DIGATRADE™ have announced a management shakeup which will see appointment of Mr. Nikita Oraevskiy to the Board of Directors and also as the Company's Chief Strategic Analyst. Nikita will be working on potential income generating acquisitions, apart from leveraging the Company's core systems and technologies. He will also be responsible for providing financial projection modeling and forecasting earnings for the Company. Bit-X Financial Corp has already shortlisted probable acquisitions and Nikita will....
Integrating the Glidera services into Bitcoin wallets is very straightforward. Significant acquisitions occur in the cryptocurrency world on a regular basis. Kraken, one of the leading global digital asset exchanges, acquired wallet funding service Glidera. This allows for the future integration of Bitcoin buying and selling option form within Bitcoin wallet solutions. In fact, Glidera’s services are present in 10 of the world’s leading Bitcoin wallets to date. Kraken has been on an aggressive M&A spree all throughout 2016. Of are, the company acquired three different major Bitcoin....
Amid the chaos that was 2020, crypto companies inked almost $700 million worth of mergers and acquisitions. The blockchain industry shrugged off the craziness of the 2020 pandemic, with many companies thriving in the “remote” working environments brought about by COVID-19.Almost $700 million in mergers and acquisitions took place in 2020 across 83 transactions. That’s the largest number ever and a sizeable increase from the previous record of 69 M&A transactions in 2018. The majority of activity last year was within the industry itself, consolidating the sector with minimal engagement from....
An industry survey that covered 150 executives and investors in the banking sector has revealed that Fintech startups are only causing limited disruption to the industry rather than the dramatic, industry-defining shakeup of an ‘Uber Moment’. A new survey conducted by Autonomous Research has revealed that 14% of banks face a significant threat by Fintech innovations such as bitcoin’s blockchain and similar distributed ledger technologies. Other figures show 44% of 150 investors and banking industry executives believing ‘selected disruption’ in certain sectors while 41% are of the opinion....