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Greg Kidd buys Know Labs, renames it USBC, Inc., focusing on blockchain finance and health tech.
Greg Kidd has successfully acquired a majority stake in Know Labs, Inc., renaming it USBC, Inc., with Kidd as the new CEO and Chairman.
The company will introduce the USBC token, a U.S.-dollar denominated token using blockchain technology, offering high-yield rewards.
The acquisition, valued at $100M, includes 1,000 Bitcoin and $15 million in cash, aimed at retiring existing debt and providing working capital.
The company plans to focus on financial services and non-invasive health solutions, aiming to create long-term shareholder value.
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Greg Kidd compra Know Labs, lo renombra USBC, Inc., centrándose en las finanzas blockchain y la tecnología de la salud.