Bitcoin, Crypto, Fintech quiet, but not for long Attention on crpyto currencies & FinTech stocks have quieted. Thats because they've only been consolidating, not selling off! Even when the equity markets have been red across the board.... but we have a roaring bull market to start April, and Bitcoin is testing $60,000 which is close to all-time-highs. When Bitcoin breaks out again to another new all-time-high, the excitment will be back in on fintech stocks, but at a larger scale than before.
Cannaone is getting WELL positioned for the next boom. Acquisition after acquisition in the Asian fintech market Vasu International Payment Solutions, Philippines based Acquisition, Singapore based acquisition And soon they will have an official name change from CannaOne to "Lynx Global Digital Finance".
What is interesting is that we have now completed or at least signed an MOU on 3 M&A deals. but from this news release i suspect there are significant more deals coming.
"The completion of the VASU acquisition represents the first of a number of foundational actions designed to provide the Company with the framework it requires to be able to execute on its overall strategic global business development initiatives." Fab 23, NR
The ground work may be laid with these deals, but after name change, I suspect investor relations to ramp up, and more M&A activity along with announcement of revenues and contracts.
CannaOne / Lynx is going to be a leader in the rapidly emerging FinTech space. And it's aligning perfectly with an impending breakout of crypto currencies and the equity markets. I think shareholders (myself included) will make a lot of money from this stock!