SMC Announces LOI to Acquire Chaintrade LTD.
Boca Raton, FL, May 9, 2024 - (ACN Newswire) - SMC Entertainment, Inc. ("SMC" or the "Company") (OTC: SMCE), an incubator company focused on acquisition and support of commercialized financial services and technology (Fintech) companies, is excited to announce they have signed an LOI to acquire Chaintrade LTD, an AI Fintech company.
- Boca Raton, FL, May 9, 2024 - (ACN Newswire) - SMC Entertainment, Inc. ("SMC" or the "Company") (OTC: SMCE), an incubator company focused on acquisition and support of commercialized financial services and technology (Fintech) companies, is excited to announce they have signed an LOI to acquire Chaintrade LTD, an AI Fintech company.
- Chaintrade is a joint Venture between Plato Data Intelligence and Redmatter.Capital.
- Chaintrade s portfolio management utilizes AI to evaluate assets within a portfolio.
- "We look forward to closing the acquisition of Chaintrade, once completed we will have a fully functioning model to deploy," quoted Erik Blum, Chairman & CEO of SMC.