- Expands blockchain strategy across Exxe’s client portfolio and services
- Positions Exxe to offer Tokenized Real-World Assets (RWAs)
- Nearly half of Exxe’s client portfolio to benefit from tokenization opportunities, Autonomous AI agents built on top of blockchain technology
Exxe Group Completes Chain Adoption, Inc. Acquisition
Exxe Group IR: info@exxegroup.com
Exxe Group Inc. (OTC: AXXA), a multidisciplinary technology company, is pleased to announce the acquisition of Chain Adoption, Inc.
The completion of the Chain Adoption acquisition is a transformative step for Exxe Group in its mission to redefine industries through blockchain innovation. The Company is positioned to enhance its established Blockchain services via a Blockchain Solutions Suite offered to clients through Exxe’s SaaS-based services.
Blockchain adoption will positively impact approximately $32 million, or 50%, of the $64 million in revenues Exxe is on track to book from clients in delivered services in FY-2025. Enhanced benefits include tokenization, blockchain for traceability, and providing secondary markets for tokenized assets.
Chain Adoption, Inc. specializes in blockchain adoption, Real-World Asset (RWA) tokenization, and cutting-edge applications. The move positions Exxe Group as a market leader that leverages the blockchain to deliver scalable, transparent, and secure solutions across sectors. This provides both Exxe clients and investors with unprecedented value in today’s rapidly evolving Web3 landscape.
Chain Adoption, Inc. is registered as a Wyoming corporation under registration number 2023-001365806.
Application of Exxe Blockchain Suites for Real-World Clients:
Exxe Group is actively integrating its Blockchain Solutions Suites across its services portfolio to provide greater operating efficiencies for its clients. By redefining value in the digital economy, Exxe’s enhanced blockchain strategy is revolutionizing the real-world businesses of the clients it works with by tokenizing tangible and intangible assets, as well as creating novel economic opportunities through decentralized technologies.
Real-world applications include:
-
Tokenizing Real-World Assets (RWAs) and Fractional Ownership in Real Estate:
Transforming illiquid real estate assets into digital tokens enables fractional real estate ownership, offering enhanced liquidity and broader access for investors. Through its integration tokenization strategy, Exxe Group can now facilitate new forms of ownership of all types of traditional real estate while also automating leasing, rental payments, and transactions using smart contracts for greater efficiency and transparency. - Agribusiness and Commodities: There is need for provenance and traceability in various commodities sectors such as agriculture provenance, the energy sector, and more. Leveraging blockchain for traceability, and connecting farmers directly with buyers enhances transparency in premium agricultural markets.
- Medical Supply Authentication: Using blockchain to verify the integrity of surgical tools and critical supplies, ensuring quality and trust in healthcare.
- Financial Market Innovations: Deploying secondary markets for tokenized assets, providing liquidity and unlocking new investment opportunities in global markets.
Innovations Driving Web3 Adoption
The Exxe Blockchain Solutions Suites is dedicated to advancing blockchain innovations for client companies so they remain at the leading edge of global economic and technological trends:
- Programmable Economy: Powering a decentralized Web3 economy where assets like algorithms, data, and AI agents become tradeable digital goods.
- Smart Contracts: Automating complex processes, reducing operational inefficiencies, and cutting costs across industries.
- Enhanced Security: Leveraging formal verification and confidential computing to ensure reliability in smart contracts and blockchain systems.
CEO Comments:
“The Chain Adoption acquisition is part of Exxe Group's work to improve the company's business structure in order to increase asset efficiency. This acquisition positions Exxe Group as a blockchain innovator,” said Dr. Eduard Nazmiev, CEO of Exxe Group. “Our Blockchain Solutions Suite enables us to capitalize on the massive opportunities in tokenization and Web3 technologies, ensuring long-term value creation for our investors.”
About Exxe Group Inc.
Exxe Group Inc. (OTC: AXXA) is a multidisciplinary technology company that develops, acquires, and delivers diversified service suites through its proprietary, innovative platform. The Company offers these suites and applications via a hybrid SaaS-based model to enhance operations and productivity for digital and brick and mortar businesses. Core competencies and capabilities include fintech-based financial management, marketing through media and design, management consulting, strategic advisory, and AI-based systems. Exxe operates in a broad scope of segments. These include fintech, real estate, agritech, software, AI, medical products, media and design, automotive products, and automotive repair. Revenue and profit are generated via license, software, and service contracts related to its platform and core competencies. For additional information please visit the Company's:
Website: http://www.exxegroup.com/
Twitter: https://twitter.com/exxegroup
About Chain Adoption, Inc.
Chain Adoption, Inc. specializes in Token Economics, M&A Advisory, Web3 Go-to-Market strategies, partnerships helping businesses integrate emerging technologies into their operations.
Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241210055289/en/
Add Comment