CRYPTOBLOX PROVIDES YEAR END SUMMARY AND CORPORATE UPDATE
Vancouver, B.C., Jan. 03, 2024 (GLOBE NEWSWIRE) — CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX) wishes everyone a Happy New Year and is pleased to provide a corporate update summarizing the progress and developments in 2023, which focused on CryptoBlox building its diversified Blockchain Ecosystem Strategy (the “Blockchain Ecosystem Strategy”). This started with the acquisition of Redwater Acquisition Corp. (“Redwater”), a modular air-cooled data center facility, powered by flared gas in Sturgeon County, Alberta. The Company then acquired a royalty-free worldwide technology license from Crypto Green Tech Inc. (“Crypto Green”) to develop and distribute products based on Crypto Green’s crypto-mining hybrid solar and wind technology. Finally, the Company signed an LOI to acquire the rights to a digital asset license with BFT – Blockchain Fintech Unipessoal LDA (“Blockchain Fintech”) and hopes to close a definitive agreement with Blockchain Fintech this month, which will in turn serve as the final foundational piece to the Company’s Blockchain Ecosystem Strategy.