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Fastbase Acquires Strategic Stake in New York-Based Blockchain Technology Company Etheralabs.io

indie
2 minutes

New York, NY, Mar 3, 2022 - (ACN Newswire via SEAPRWire.com) - Fastbase. ("The Company", "we" and "our") (OTC: FBSE) announced today that it has acquired 24.5% of Etheralabs LLC, a New York City based venture lab and ecosystem that invests in, builds and implements disruptive technologies across the Blockchain area.Fastbase CEO Rasmus Refer said: "Etheralabs LLC's disruptive technology and products are in line with fastbase's mission to become the world's leading data provider. Fastbase's vision is always to be first with the most superior technologies to collect, analyze and provide data to companies to empower sales and marketing. Fastbase are already using advanced crawler technology, AI and with the acquisition of 24.5% stake in Etheralabs LLC, Fastbase can now access the latest blockchain technology to empower data distribution. As early as May, we expect to be able to make use of the new blockchain technology and distribute billions of data quickly and securely between companies all over the world."Bryan Feinberg, CEO and Founder of Etheralabs, said: "Fastbase capabilities combined with our background in transforming large data ecosystems into living communities create a defi...

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Wikisoft Corp. Signs Letter of Intent to Acquire Disruptive Blockchain Tech Company — Etheralabs LLC

indie
5 minutes

San Francisco, Feb 9, 2022 - (ACN Newswire via SEAPRWire.com) - Wikisoft Corp. (the "Company," "we," and "our") (OTCQB: WSFT) today announced that it has entered into a non-binding letter of intent to acquire a majority stake in Etheralabs LLC, a New York City based venture lab and ecosystem that invests in, builds, and deploys disruptive technologies across the Blockchain space.The proposed transaction would include full global access to Etheralabs LLC's disruptive technologies across the Blockchain and global funding landscape. With the majority stake, Wikisoft plans to ensure that Etheralabs future product and technology roadmap supports Wikisoft's platform strategy. The parties intend to enter into a binding agreement after consultation with their respective legal counsel. Wikisoft Corp. plan to fund the acquisition with equity, thus providing the Company the optimum financial flexibility in the future. Wikisoft's Board of Directors has given a commitment to approve the transaction.Carsten Kjems Falk, Chief Executive Officer of Wikisoft Corp. said, "Etheralabs LLC's disruptive technology and products are expected to provide an outstanding opportunity to expand Wikisoft's global...