Credissential Announces Definitive Agreement To Acquire Coincmply

Credissential Inc. has entered into a definitive agreement to acquire CoinCmply, a cryptocurrency tax platform. The acquisition is expected to enhance Credissential's AI-driven financial solutions. Credissential will issue 20,000,000 common shares at $0.05 per share to CoinCmply's shareholders. CoinCmply will become a wholly owned subsidiary of Credissential upon closing.

The company also announced an agreement with OCI Inc. for strategic business development and marketing in international markets.

CoinCmply offers tools for crypto users to manage taxes, track transactions, and generate reports.

Colin Frost, CEO of Credissential, stated the acquisition is a strategic move to enhance digital transfer capabilities.

Financial information for CoinCmply for the year ended December 31, 2024 includes total assets of $252,001 and total liabilities of $476,000.