Curated News
By: NewsRamp Editorial Staff
May 08, 2024
SMC Enters LOI to Acquire AI Fintech Company Chaintrade LTD
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Discuss on SubstackTLDR
- SMC Entertainment, Inc. will gain an advantage by acquiring Chaintrade LTD, an AI Fintech company, enhancing its technology and infrastructure.
- Chaintrade LTD has developed an AI Powered Asset Trading Platform that allows users to trade various assets with the support of a personalized AI Powered trading assistant.
- Chaintrade's AI technology aims to revolutionize trading and investing by leveraging AI's predictive capabilities, improving risk management, and providing personalized investment strategies.
- Chaintrade's AI technology is designed to make trading and investing smarter, using AI to evaluate assets and making AI more accessible to everyone.
Impact - Why it Matters
This news is important as it signifies a major step forward in the world of AI Fintech and trading. The acquisition of Chaintrade by SMC will bring about more personalized investment strategies and optimized portfolio performance, impacting the way users trade and invest.
Summary
SMC Entertainment, Inc. has signed an LOI to acquire Chaintrade LTD, an AI Fintech company, with the aim of revolutionizing trading and investing by leveraging AI's predictive capabilities. The acquisition will advance SMC's infrastructure and technology, allowing them to shift from conception to full implementation of their SaaS vision. Chaintrade's AI Powered Asset Trading Platform and personalized AI Powered trading assistant will provide users with more personalized investment strategies and optimized portfolio performance.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, SMC Enters LOI to Acquire AI Fintech Company Chaintrade LTD
