NEW YORK, May 23, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (OTC:SPZI), formerly known as Spooz, Inc., is excited to announce the signing of an agreement to acquire a majority ownership interest in Bloxcross, Inc. ("BLOX"). Bloxcross is a trailblazing digital assets innovation company, recognized for its groundbreaking platform that revolutionizes global bilateral trade, cross-border payments, and financial applications through advanced blockchain technologies.
This strategic investment signifies a pivotal moment for both entities. By merging their expertise, JP 3E Holdings aims to accelerate Bloxcross's global expansion while establishing a key operational foothold for advancing trade development, particularly in critical sectors such as Energy, Eatables, and Education.
John Park, Chairman, and CEO of JP 3E Holdings, expressed his enthusiasm about the agreement, stating, "We are delighted to embark on this journey of acquiring a majority stake in Bloxcross, Inc. Blox's AI-powered technology and its significant impact on global trade and payments management perfectly align with our diverse portfolio of businesses. Our previous collaboration on a cross-border trading platform has showcased the synergies between our organizations, making this acquisition a natural and strategic progression."
"JP 3E Holdings is strategically positioned as a platform company with a vision to establish a sustainable ecosystem spanning from downstream end buyers to upstream raw material suppliers, and midstream delivery channels. This strategic approach aims to ...