SMC Entertainment (SMCE) has issued an update.
SMC Entertainment, Inc. has completed the acquisition of the AI-powered Trading Platform from ChainTrade, LTD, marking a significant leap in the integration of AI into financial trading. The acquired platform specializes in trading Equities, ETFs, Commodities, and Indices, offering personalized investment strategies supported by an AI assistant. SMC’s investment includes an $8 million promissory note, convertible into common stock at $1 per share, and a commitment to supply $500,000 in working capital to fuel the platform’s growth and commercial launch. This strategic move aims to enhance research, risk management, and asset allocation for users.
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