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NEW YORK – (BUSINESS WIRE) – After the successful launch of the Quube Exchange platform (quube.exchange), Quantum Warriors OU Announces Strategic Merger with Enterprise Software Developer LevelBlox, Inc. (OTC: LVBX) and a capital increase and a placement of shares which, together, establish Qube Exchange as the leading quantum resilient ecosystem for the emerging cryptocurrency and digital asset trading industry.
Quantum Warriors OU, dba Quube Exchange signed a letter of intent on April 15, 2021, to be acquired through a merger with LevelBlox Inc. Under the planned agreement, LevelBlox will issue to Quube shareholders Exchange 90,400.00 new ordinary shares or 40% of the share capital increase, which is expected to be completed at the same time as the private placement in the third quarter.
Built on a secure cloud with advanced intelligence and blockchain technology, the Qube Exchange platform provides the first quantum security ecosystem as a fabric of security tokens and a marketplace for the venture capital market.
As an emerging and popular player in the crypto space, the merger with LevelBlox adds significant momentum to the acceleration of the Quube Exchange platform as a world-class offering.
With this new joint support, Quube’s one-year quest to acquire a global tokenized securities trading license in the Abu Dhabi Global Market (ADGM) can be completed, while accelerating licensing efforts in Singapore, Hong Kong and London.
The Quube Quantum Resistant Blockchain Protocol ™ (QRP ™) is already considered the “blockchain of blockchains” with protocol recording logs of everything that happens within the STO (Security Token Offering) and cycle transactions life of the Token when it is launched on the Quube Exchange platform.
“We are pleased to announce this merger and the growth it supports in our longer term strategy. We have a fully built and operational crypto-to-fiat gateway, and now our global licensing efforts will be accelerated, along with increasing market liquidity for our thousands of loyal market traders.,“ comments Anzo “Enzo” Zhemukhov, CEO and founder of Quube Exchange. “This move also allows us to launch a De-Fi protocol on Ethereum for NFTs and cryptocurrencies, first opening up a secondary market for users to exchange NFTs, followed by tokenization of other types of assets.
Gary Macleod, CEO of LevelBlox, commented : “This merger represents the expanded use of Blockchain technology for secure tokenization and trading of assets. The collective strength, knowledge and market expertise of our new team will enable the combined development efforts to become one of the most trusted, secure, and widely used crypto ecosystems in this industry. “
About Quantum Warriors OR
Quube Exchange provides a quantum resistant blockchain ecosystem to induce business capitalization through the digitization of corporate stocks and commodity assets; De-Fi Swap protocol for tokenized assets and NFTs; and OTC trading of cryptocurrencies in the secondary market.
LevelBlox Inc. (OTC: LVBX) is dedicated to becoming a leader in the convergence of technology and cannabis. As this industry continues to grow, LevelBlox has become a go-to solution for the cannabis ecosystem for audit, tracking, regulatory and point-of-sale requirements.
More information at www.levelblox.com.
This press release may contain certain “forward-looking information (or statements)” within the meaning of applicable securities laws. All information contained in this document that is not historical in nature may constitute forward-looking information. Quantum Warriors OU and LevelBlox Inc. assume no obligation to comment on any analyzes, expectations or statements made by third parties regarding Quantum Warriors OU and LevelBlox Inc., its titles or its financial or operational results (if any). Although Quantum Warriors OU and LevelBlox Inc. believe that the expectations reflected in the forward-looking statements in this press release are reasonable, these forward-looking statements have been based on expectations, factors and assumptions regarding future events that may occur. inaccurate and subject to numerous risks and uncertainties, some of which are beyond the control of Quantum Warriors OU and LevelBlox Inc. The forward-looking information contained in this press release is expressly qualified by this cautionary statement and is made as of the date of present. Quantum Warriors OU and LevelBlox Inc. disclaim any intention and have no obligation or responsibility, except as required by law, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.
Anzo “Enzo” Zhemukhov – CEO, Founder of Qube Exchange
Gary Macleod – CEO, LevelBlox
Source: Quube Exchange