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Cryptoblox Technologies ( (TSE:KAS) ) has shared an update.
Dynamite Blockchain Corp. has announced a strategic acquisition of 5,500,000 MOT utility tokens, valued at $1.85 million, in exchange for 37,000,000 common shares. This acquisition aligns with Dynamite’s strategy to diversify its treasury risk while maintaining its focus on Kaspa-related initiatives. The MOT tokens, which power the Masters of Trivia platform with over 100,000 active users, fit well into Dynamite’s blockchain ecosystem and support its mandate to hold scarce, regulatory-compliant digital assets.
More about Cryptoblox Technologies
Dynamite Blockchain Corp. is a blockchain technology infrastructure company focused on building a diversified blockchain ecosystem centered around Kaspa. The company operates Kaspa mining assets, develops Kaspa-enabled products and services such as the IMME Wallet, and selectively acquires high-utility digital assets to enhance shareholder value through diversification.
Average Trading Volume: 310,678
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$4.76M
See more data about KAS stock on TipRanks’ Stock Analysis page.