Blockchain
Adamant Holding Complements the Terms for the Closing of Share Purchase Agreement with Europronet d.o.o.
Vancouver, British Columbia–(Newsfile Corp. – February 13, 2023) – Adamant Holding Inc. (CSE: ADMT) (FSE: U060) (OTC Pink: UCCPF) (“ADMT” or the “Company”) today announced its 51% acquisition of Europronet d.o.o., located in Bosnia-Herzegovina. Europronet d.o.o. is worth US$2,900,000 (two million nine hundred thousand US dollars). The transaction of 51% of the outstanding shares of Europronet will be paid in cash in different installments during next three years; It will not be any dilution in Adamant’s Shares.
The transaction of 51% is valued US$ 1,479,000 (one million and four hundreds seventy-nine thousand US dollars) and it will be paid in cash in different installments during next three years.
The first payment of $US 246,500 (two hundred forty-six thousand US$) will be at the closing of the SPA, additional 5 equivalent installment will be paid every 6 months after the first payment for the total US$ 1,479,000 (one million and four hundreds seventy-nine thousand US dollars) done cash on hand. However, if in the future there is any need, Adamant Holding will be raising capital via Private Placements.
The Binding agreement is dated 8th of February 2023 and it is arm’s length.
The acquisition is in line with Adamant Holding Inc.’s strategy to expand its operations in the growing telecom market in Balcan territory. According to recent reports, the telecom business in the region is expected to experience significant growth in the coming years.
According to an independent evaluation, Europronet d.o.o. has a strong customer base and is expected to bring significant business synergies to Adamant Holding Inc.
Some of the larger clients of EuroproNET include:
- Coca Cola Beverages d.o.o Bosnia i Hercegovina
- Uniqa Osiguranje d.d. Bosnia i Hercegovina
- Vienna Osiguranje Bosnia i Hercegovina
- Hrvatski Telekom d.d. Bosnia i Hercegovina
- INFOSOFT d.o.o. Bosnia i Hercegovina
- Philips Consumer Lifestyle B.V. Bosnia i Hercegovina
- Energoinvest d.d. Bosnia i Hercegovina
- Raiffeisen BANK d.d. Bosnia i Hercegovina
- INTESA SANPAOLO BANKA d.d. Bosnia i Hercegovina
- AUTCON/EUFOR (European Union Force in, Supporting the Armed Forces of Bosnia and Herzegovina (AFBiH)
Europronet is a fully licensed Telecom, and a leading Internet service provider (ISP) founded in 2000 offering a variety of services including: Internet access for private and business users; Datacenter Solution with two main locations in the center of Sarajevo, a variety of Wireless Solution and Telecommunications services; web services with development and placement of web presentations; online marketing, business solutions based on information technologies; and technical support.
The acquisition will allow Adamant Holding Inc. to expand its offerings and provide greater value to its customers.
“We are thrilled to announce this acquisition and welcome Europronet d.o.o. to the Adamant Holding Inc. family,” said Andrea Pagani, CEO of Adamant Holding Inc. “This acquisition will bring together with Oktacom Inc and Brilliance llc enhanced services to our customers. We are confident that this will be a mutually beneficial partnership for both companies.”
Europronet d.o.o.’s CEO Jernej Kenda said, “We are excited to join forces with Adamant Holding Inc. This acquisition will provide our customers with expanded resources and a broader range of services. We look forward to the business synergies that will come from this partnership.”
The closing is expected to be completed in Q2.
Adamant Holding Inc. will provide further updates on the integration of Europronet d.o.o. in the coming months.
Andrea Pagani, Adamant CEO
[email protected]
Telephone: +39 334 661 8604
About ADAMANT
ADAMANT Global Holding is the owner of Oktacom Inc, a licensed Global Telecom Carrier within the international VoIP (voice over IP) wholesale business, and Brilliance ltd, a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in online communications and commerce; it has designed a software application for Apple iOS and Android, like SKYPE and WhatsApp.
About Europronet d.o.o.
Europronet d.o.o. is a company located in Bosnia-Herzegovina. For more information, please visit https://www.europronet.ba/.
Website: www.adamantglobal.com
Twitter: @adamantglobal
LinkedIn: Adamant-Global
Blockchain
Blocks & Headlines: Today in Blockchain – January 30, 2025 (Dogecoin, U.S. Army, DeepSeek, Web3)
Introduction
The blockchain and cryptocurrency industry continues to evolve, with major advancements in institutional adoption, regulatory modernization, and innovative applications. Today’s roundup covers Dogecoin’s new blockchain strategy, the U.S. Army’s use of blockchain for tracking aid, notable blockchain startups, domain challenges for Web3 companies, the first AI blockchain agent, and Luxembourg’s legal updates for custody chains. Let’s break down the biggest headlines shaping the future of blockchain technology and decentralized finance.
Dogecoin Unveils Strategic Blockchain Movement
Expanding Beyond a Meme Coin
Dogecoin, often viewed as a lighthearted cryptocurrency, is making serious strides toward blockchain utility with a new strategic initiative aimed at expanding its use case beyond simple transactions. The Dogecoin Foundation has announced plans to integrate layer-2 solutions, smart contracts, and interoperability features, potentially positioning DOGE as a serious competitor in the decentralized finance (DeFi) space.
This move signals a shift in the perception of Dogecoin, which has long relied on community-driven momentum. With the new strategy, DOGE could become an integral part of the growing Web3 ecosystem.
Source: Crypto Briefing
U.S. Army Utilizes Blockchain for Aid Tracking in Ukraine
Military Adopts Emerging Tech for Transparency
The U.S. Army is leveraging blockchain, big data, and generative AI to track billions of dollars in aid sent to Ukraine. This marks a significant step in blockchain’s adoption by governments and defense agencies to enhance transparency and prevent fraud.
By using blockchain for immutable record-keeping, military officials aim to improve logistics tracking, reduce inefficiencies, and ensure secure auditing of aid distribution. This could set a precedent for future government adoption of blockchain-based verification systems.
Source: Breaking Defense
10 Blockchain Startups to Watch in 2025
Innovation Driving the Next Wave of Web3
A new report highlights ten emerging blockchain startups poised to disrupt industries from finance to supply chain management. These companies are working on scalable smart contracts, decentralized identity solutions, and improved cross-chain interoperability.
Among the standout names are startups focusing on privacy-preserving transactions, institutional DeFi tools, and real-world asset tokenization, reinforcing blockchain’s growing role in mainstream finance and enterprise adoption.
Source: Yahoo Finance
Web3 Companies Struggle with Domain Name Challenges
Decentralization vs. Traditional Domain Ownership
As blockchain companies push forward with Web3 adoption, many are encountering significant hurdles in securing relevant domain names. Unlike traditional domains governed by ICANN, blockchain-native domains such as .crypto and .eth exist outside standard regulatory frameworks, leading to disputes and accessibility issues.
Industry experts are calling for greater collaboration between blockchain projects and domain registrars to ensure seamless Web3 adoption while maintaining online accessibility for users.
Source: Domain Name Wire
Klaus Agent Becomes the First Blockchain AI to Use Custom DeepSeek Model
AI and Blockchain Converge
The Klaus Agent, an AI-powered blockchain agent, has integrated the DeepSeek AI model to enhance decision-making, smart contract automation, and decentralized application (dApp) intelligence. This innovation represents a major step in merging artificial intelligence with blockchain networks, allowing for more sophisticated automation in DeFi, NFT trading, and DAO governance.
As AI and blockchain continue to converge, the potential for autonomous smart contract execution and predictive analytics is expected to grow, leading to more efficient decentralized systems.
Source: GlobeNewswire
Luxembourg Modernizes Custody Chain Laws for Blockchain
A Legal Framework for Tokenized Assets
Luxembourg, a key financial hub in Europe, has updated its custody chain regulations to accommodate blockchain-based assets. These changes are designed to facilitate institutional adoption of tokenized securities and digital asset custody solutions.
By providing a clear regulatory framework, Luxembourg aims to attract fintech firms, investment funds, and digital asset custodians, further strengthening its position as a leader in blockchain finance.
Source: National Law Review
Conclusion
The latest blockchain developments underscore the rapid evolution of the industry, from Dogecoin’s strategic shift to military adoption of blockchain for transparency. As AI and blockchain begin to merge, and governments refine regulations, we are witnessing a pivotal moment in decentralized technology.
With institutional interest growing and regulatory frameworks taking shape, blockchain and Web3 technologies are moving closer to mainstream acceptance. Stay tuned for the next Blocks & Headlines briefing as we continue to track the most significant trends shaping the future of decentralized finance and digital assets.
The post Blocks & Headlines: Today in Blockchain – January 30, 2025 (Dogecoin, U.S. Army, DeepSeek, Web3) appeared first on News, Events, Advertising Options.
Blockchain
Fintech as a Service Business Research Report 2025: Global Market to Reach $1.1 Trillion by 2030 from $387 Billion in 2024 – SMB Adoption of Fintech Services Spurs Market Expansion Opportunities
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