CryptoBlox Technologies, a Canadian blockchain and infrastructure company, has signed an amended $5 million agreement to acquire Blockchain Fintech Unipessoal LDA, a Portuguese firm specializing in blockchain-based financial technologies. Under the new terms, CryptoBlox will acquire 100% of Blockchain Fintech’s shares by issuing 25 million common shares at $0.20 each, with additional share issuances tied to product development and revenue milestones. The strategic acquisition is expected to bolster CryptoBlox’s comprehensive blockchain infrastructure, encompassing digital asset mining, technology, and blockchain-based financial services.
CryptoBlox Signs $5m Deal to Acquire Blockchain Fintech
