AmaZix and 0rigin to strategically acquire assets of compliance blockchain WORBLI

AmaZix and 0rigin to strategically acquire assets of compliance blockchain WORBLI

WORBLI, a public blockchain for compliance, today announced that the WORBLI Foundation has entered into an Asset Purchase Agreement (APA) concerning the proposed acquisition of 100% of its assets by AmaZix Capital and 0rigin Ventures (0rigin) in return for ongoing funding and development capital.

The acquisition will be completed upon satisfaction of conditions precedents. The transaction will allow WORBLI to accelerate the deployment of its proprietary Know Your Customer (KYC) and Anti-Money Laundering (AML) offering to the FinTech and Digital Asset sectors, concurrently with the commercialization of the tokenized security technology native to the WORBLI blockchain.

Transaction Highlights

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