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Credissential to Acquire CoinCmply, Boosting Crypto Tax Compliance Capabilities

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Credissential to Acquire CoinCmply, Boosting Crypto Tax Compliance Capabilities

Axiom Capital Advisors, Inc. ( (TSE:WHIP) ) has provided an update.

Credissential Inc. has signed a non-binding letter of intent to acquire CoinCmply, a company specializing in cryptocurrency tax compliance solutions for Canadian and U.S. users. This acquisition is expected to enhance Credissential’s technology stack by integrating CoinCmply’s tools for simplifying crypto tax obligations, aligning with its strategy to provide comprehensive financial management solutions. The acquisition reflects Credissential’s commitment to leveraging artificial intelligence and cryptocurrency inclusion to empower clients, with the transaction valued at CAD$1,088,000 through the issuance of 13,600,000 common shares.

More about Axiom Capital Advisors, Inc.

Credissential Inc. is an integrated financial technology company focusing on financial literacy, artificial intelligence, and cryptocurrency solutions. The company is positioned as a leader in AI-driven financial technology, aiming to enhance its offerings by incorporating advanced technology solutions like quantum encryption and cryptocurrency integration.

YTD Price Performance: -50.0%

Average Trading Volume: 896,497

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$2.99M

For detailed information about WHIP stock, go to TipRanks’ Stock Analysis page.

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