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Codeifai Shifts Focus to Quantum-Secured Solutions After Terminating Trust Codes Acquisition

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Codeifai Shifts Focus to Quantum-Secured Solutions After Terminating Trust Codes Acquisition

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YPB Group Ltd. ( (AU:CDE) ) has provided an announcement.

Codeifai Limited has announced the mutual termination of its Share Purchase Agreement with Trust Codes, allowing the company to focus on its transition to high-margin SaaS and quantum-secured fund and file transfers. This strategic shift is marked by the proposed acquisition of the QuantumAI secure platform, which aligns with Codeifai’s move away from anti-counterfeit solutions to more innovative and secure digital services, potentially enhancing shareholder value.

More about YPB Group Ltd.

Codeifai Limited (ASX: CDE) is a leading provider of digital and AI-powered brand solutions, focusing on empowering brands through smart digital engagement. The company offers high-margin solutions designed for scalability and profitability, providing digital brand solutions that include QR codes and secure fund and file transfer services.

Average Trading Volume: 9,868,233

Technical Sentiment Signal: Sell

Current Market Cap: A$8.95M

For an in-depth examination of CDE stock, go to TipRanks’ Overview page.

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