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M2Bio Sciences Acquires Crypto Exchange JDAX

Katie Lin

Summary: Biotechnology company M2Bio Sciences announced in a recent press release that it has signed a letter of intent with JDAX, a cryptocurrency exchange based in Johannesburg, South Africa. The primary goal of this acquisition is to leverageNFTand blockchain technology to tokenize biotech research projects and develop smart contracts, enabling the global community to hold ownership stakes ...

Biotechnology company M2Bio Sciences announced in a recent press release that it has signed a letter of intent with JDAX, a cryptocurrency exchange based in Johannesburg, South Africa. The primary goal of this acquisition is to leverageNFTand blockchain technology to tokenize biotech research projects and develop smart contracts, enabling the global community to hold ownership stakes in M2Bio's research work. By joining forces, M2Bio aims to foster innovation in biotechnology research and provide more opportunities for community engagement and investment. The transaction is expected to be completed before July 31, 2023, with the specific acquisition amount remaining undisclosed.

Author: Katie Lin

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