SMC Entertainment Inc. (OTC: SMCE) has entered into an agreement to acquire 100% of the assets of ChainTrade Ltd., a UK-registered fintech company renowned for its AI-powered trading platform. The acquisition, which is pending the completion of customary due diligence, is set to close within 30 days. ChainTrade is the product of a joint venture between Plato Data Intelligence and Redmatter.Capital, and it aims to revolutionize trading and investing using AI’s predictive capabilities. The new platform will allow users to trade various financial instruments such as equities, ETFs, commodities, and indices with the assistance of a personalized AI trading assistant. Erik Blum, CEO of SMC, highlighted the potential for quick revenue growth from the acquisition and affirmed the company’s commitment to enhancing shareholder value through this deal. ChainTrade’s innovative technology will enable investors to analyze thousands of data points to make informed decisions and optimize their portfolios. Both the platform’s infrastructure and its AI capabilities have been developed over the past three years to ensure secure and effective transactions.

Financial Services, Artificial Intelligence, Fintech,United States, United Kingdom, Montenegro