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Cryptoblox Technologies ( (TSE:KAS) ) has shared an update.
Dynamite Blockchain Corp. has completed the acquisition of 10,000,000 mPWR utility tokens in exchange for common shares and cash, valued at $425,000. This acquisition aligns with Dynamite’s strategy of selectively accumulating high-utility digital assets, enhancing its Blockchain Ecosystem Strategy and potentially increasing shareholder value by integrating these assets into its vertically integrated ecosystem.
More about Cryptoblox Technologies
Dynamite Blockchain Corp. is a blockchain technology and infrastructure company that focuses on building shareholder value through its Blockchain Ecosystem Strategy. This strategy is comprised of three primary divisions: Holdings, Products, and Services. The Holdings Division focuses on acquiring utility-driven tokens that combine scarcity with real-world adoption and monetization. The Products and Services Divisions aim to drive utility into the digital assets in the Holdings Division by developing and acquiring products and services compatible with these assets, offering shareholders ownership in unique digital assets and a unique investment vehicle with built-in utility generation.
Average Trading Volume: 339,902
Technical Sentiment Signal: Sell
Current Market Cap: C$6.55M
See more data about KAS stock on TipRanks’ Stock Analysis page.