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BANXA engages investment bank for formal review process after receiving unsolicited M&A proposals

BANXA engages investment bank for formal review process after receiving unsolicited M&A proposals

BANXA Holdings Inc (TSX-V:BNXA, OTCQX:BNXAF) founder and chairman Domenic Carosa tells Proactive's Stephen Gunnion that the company has engaged US-based Architect Partners, a leading cryptocurrency-focused investment bank, to help it identify and evaluate strategic opportunities to maximize shareholder value.

He said BANXA, which he describes as the "Paypal of the crypto industry", has received several unsolicited proposals to consider strategic M&A opportunities and it was the board's fiduciary responsibility to follow process and consider all alternatives.

#ProactiveInvestors #BANXA #crypto #cryptocurrency #TSX #OTCQX

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