Crypto Company (CRCW) has issued an announcement.
The Crypto Company secured funding through a private transaction with AJB Capital Investments, issuing a promissory note for $53,000 and receiving net proceeds of $40,050 after fees and expenses. This capital will bolster working capital and fund strategic initiatives. The note, maturing on August 20, 2024, carries no interest unless in default and can be prepaid without penalty. The company also entered into a licensing agreement with AllFi Holdings, granting exclusive rights to use certain intellectual property, and terminated a previous code licensing agreement with TelBill, streamlining its business arrangements as it continues to grow and evolve in the market.
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