RE:RE:BIGG and TECXOnly one issue with TECX - They will control only 19% of
CatalX is a Canadian-based, FINTRAC-registered and -compliant (Financial Transactions and Reports Analysis Centre of Canada) digital asset exchange platform that specializes in cryptocurrency trading, blockchain and cybersecurity technology. And BIGG is 100% 2021-02-16 10:33 ET - News Release
Mr. Peter Green reports
LITELINK SIGNS DEFINITIVE AGREEMENT TO ACQUIRE EQUITY STAKE IN CANADA'S PREMIER CRYPTOCURRENCY EXCHANGE, CATALX
Litelink Technologies Inc. has signed a definitive agreement to complete an equity investment in CatalX CTS Ltd., Canada's premier cryptocurrency exchange with over 40 altcoins available for purchase.
CatalX is a Canadian-based, FINTRAC-registered and -compliant (Financial Transactions and Reports Analysis Centre of Canada) digital asset exchange platform that specializes in cryptocurrency trading, blockchain and cybersecurity technology. CatalX has developed a scalable and modularized platform with a trading engine that can scale to millions of users in real time and cutting-edge cybersecurity system CyberSmoat, which is patent pending.
The equity investment of $2-million will result in Litelink obtaining 24,217 Class A voting shares of CatalX at a valuation of $10,526,315.79. The investment also gives Litelink ownership and control of 19 per cent of the outstanding share capital of CatalX.