CoinAnalyst and QuantGate Announce LOI to Merge, Creating One of the Leading Providers of Artificial Intelligence and Machine Learning Solutions for the Financial Services Industry
The Transaction will therefore result in a reverse take-over of CoinAnalyst by QuantGate whereby the existing shareholders of QuantGate will own a majority of the outstanding common shares of CoinAnalyst.
- The Transaction will therefore result in a reverse take-over of CoinAnalyst by QuantGate whereby the existing shareholders of QuantGate will own a majority of the outstanding common shares of CoinAnalyst.
- CoinAnalyst is a Frankfurt-based startup, with its headquarters located in Toronto and sales infrastructure in the United States and Europe.
- The addition of CoinAnalyst's technology fits into QuantGate's overall strategy to expand its product offerings and distribution.
- CoinAnalyst would bring big data expertise and AI technology, subscribers to a monthly electronic newsletter, and AI Based analytic tools for cryptocurrency investors.