As reported by CoinNess.com, London-listed financial technology company TechFinancials has committed to buying as much as 92 percent of diamonds exchange CEDEX.
Currently, the company is now further diversifying its investment into next-generation technology. The new company which TechFinancials focused on is named Footies. It is providing ticketing services for sports venues and teams. The deal between the firms entails the formation of a new company subsidiary called NewCo which will be focused on the development of the technology.
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