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DeFi, dApp Developer Core Business Holdings Goes Public in US Through ARAX Acquisition

ARAX is currently investing in WEB3 projects, as well as future WEB4 projects, implementing blockchain-based solutions. ARAX Holdings signed a binding letter of intent and deal terms to acquire 75% of blockchain firm Core Business Holding‘s share capital, the company behind Core Blockchain.

As of press time, ARAX which trades on OTC markets under the ticker ARAT is up 600% on the day hitting $1 from an open of $0.14.

ARAX is currently investing in WEB3 projects and future WEB4 projects, implementing blockchain-based solutions as they see huge potential in blockchain technology. “The acquisition of Core Business Holdings will be a total game changer for ARAX. It will put the company at the forefront of digital assets, tokenization, immediate settlements of data and transactions with a specific focus on asset management, and so much more with the cutting-edge technology built on the Core Blockchain, the next generation in fully decentralized networks.”

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