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Credissential Sells Antenna Platform to Codeifai for AUD$1.3 Million

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Credissential Sells Antenna Platform to Codeifai for AUD$1.3 Million

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Axiom Capital Advisors ( (TSE:WHIP) ) has shared an announcement.

Credissential Inc. has announced the sale of its Antenna Transfer Inc. business to Codeifai Limited for approximately AUD$1.3 million. This transaction allows Credissential to focus on its fintech initiatives, providing working capital to enhance its Dealerflow and CoinCMPLY products. The sale aligns with the company’s strategy to concentrate on high-growth opportunities and maximize shareholder returns by divesting non-core assets. Codeifai, an Australia-based company specializing in product authentication and consumer engagement solutions, will integrate Antenna’s quantum-secured platform into its product suite, strengthening its position in the digital infrastructure market.

More about Axiom Capital Advisors

Credissential Inc. operates in the fintech industry, focusing on developing secure digital infrastructure and maximizing shareholder value through strategic asset management. The company is involved in the car dealership sale and cryptocurrency tax preparation markets, aiming to optimize its portfolio by divesting non-core assets.

Average Trading Volume: 1,465,442

Technical Sentiment Signal: Sell

Current Market Cap: C$2.33M

Learn more about WHIP stock on TipRanks’ Stock Analysis page.

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