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CryptoBlox Acquires Blockchain Fintech for $5 Million

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CryptoBlox Acquires Blockchain Fintech for $5 Million

Cryptoblox Technologies (TSE:BLOX) has released an update.

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CryptoBlox Technologies has entered into a revised agreement to acquire Blockchain Fintech, a Portuguese company specializing in blockchain financial technologies. The acquisition, valued at $5 million, will involve issuing 25 million common shares of CryptoBlox and is seen as a strategic move to complete the company’s diversified blockchain strategy.

For further insights into TSE:BLOX stock, check out TipRanks’ Stock Analysis page.

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