Trust Stamp Signs LOI For A Transformative Strategic Alliance With Qenta To Serve A Global Federated Network Including Crypto, Bank, And Other Financial Services Companies
Portfolio Pulse from Benzinga Newsdesk
Trust Stamp (NASDAQ:IDAI) has signed a Letter of Intent (LOI) with Qenta Inc. for a strategic alliance aimed at serving a global federated network, including crypto, bank, and other financial services companies. The LOI is non-binding until definitive transaction documents are executed.
July 18, 2024 | 1:32 pm
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Trust Stamp has signed a non-binding LOI with Qenta Inc. for a strategic alliance to serve a global federated network, including crypto, bank, and other financial services companies.
The strategic alliance with Qenta Inc. could significantly expand Trust Stamp's market reach and service offerings, particularly in the crypto and financial services sectors. However, the LOI is non-binding, so the impact is contingent on the execution of definitive transaction documents.
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