SMC Announces LOI for Buildout of Blockchain Based Cabon Credit Platform in conjunction with Circle Energy Sweden AB
-
'We have to be stronger': De Zerbi demands Spurs improve as relegation fears mount
-
Man City will not risk Rodri in FA Cup semi-final: Guardiola
-
Macron leaves future open as political curtain nears
-
Germany launches spying probe into Signal attacks targeting MPs
-
Arsenal haven't given up on title despite blowing lead: Arteta
-
Injured Spain star Yamal will come back stronger at World Cup: Flick
-
Oil prices fall on hopes of fresh Iran peace talks
-
Chelsea can still save season despite slump: McFarlane
-
Echoing Diana, Prince Harry visits Ukraine's deminers
-
Chelsea's Estevao out for season, World Cup in doubt
-
PSG's Luis Enrique 'couldn't care less' about World Cup
-
Ryanair says to cut Berlin flights, blaming taxes
-
From sun to subsoil, how countries are moving away from fossil fuels
-
London's Jewish community on edge amid attacks
-
Ranieri's Roma role ends after spat with coach Gasperini: club
-
Warming El Nino set to return in mid-2026: UN
-
Porsche exits sports car maker Bugatti Rimac
-
Bill legalising assisted dying in England and Wales set to fail
-
Chinese EVs, flying cars take centre stage at world's biggest auto show
-
Macron says still sees France, Germany developing European fighter jet
-
Al Ahli star Mahrez warns team-mates not to take Japanese rivals for granted
-
Greece expands sunbed-free beach list for 2026
-
Rugby legend McCaw hails 'spectacular' NZ stadium built after deadly quake
-
Mideast war drives up condom, rubber glove prices: manufacturers
-
Gulf states in limbo as US-Iran crisis drags on
-
Liverpool's Slot warns 'margins are small' in Champions League push
-
Musk says Tesla has started 'robotaxi' production
-
Suspected Nazi-looted Stradivarius reappears in France, says expert
-
Glacier block delays route-setting on Everest
-
Appeal board says homophobia 'commonplace' in Aussie Rules
-
Hot pants: Tokyo government workers swap suits for shorts
-
Chinese EV makers take centre stage at world's biggest auto show
-
Concern stirs Lula camp as election bid loses momentum
-
China's top AI players
-
Five things to know about Chinese AI startup DeepSeek
-
Possible Trump rescue of Spirit Airlines spurs debate
-
Wild Balkan berries keep gin taste steady as climate shifts
-
Mass MS-13 trial held at El Salvador mega-jail
-
Barcelona must live without teen star Yamal for title run-in
-
Hearts lead Old Firm as Scottish title race heads for tense finale
-
India criticizes 'poor taste' Trump post against immigrants
-
China's DeepSeek says releases long-awaited new AI model
-
Hawks fend off Knicks, Raptors pull away from Cavs to cut deficit
-
Wildfires spread towards northern Japan town
-
Israel, Lebanon extend ceasefire as Iran peace talks stall
-
'Clearly me': AI drama accused of stealing faces
-
Soviet architecture vanishes as Central Asia drifts from Moscow
-
Oil extends gains, stocks sink as peace talk hopes fade
-
'Raw and honest': India climbers face obstacles in race to the top
-
Cowgirls of Philippine rodeo tackle steers, stereotypes
SMC Announces LOI for Buildout of Blockchain Based Cabon Credit Platform in conjunction with Circle Energy Sweden AB
BOCA RATON, FL / ACCESS Newswire / June 9, 2025 / SMC Entertainment, Inc. ("SMC") (OTC PINK:SMCE), a Fintech incubator company focused on acquisition and support of commercialized financial technology (Fintech) companies, is pleased to announce that Circle Energy Sweden AB, ("Circle Energy") a Swedish listed company on First North Nasdaq Sweden has entered into a letter of intent ("LOI") to engage SMC for the build out and deployment of SMC's Fyntechnical FYNN AI Platform ("FYNN AI") to complete Circle Energy's newly created Carbon Capital Solutions Division . This division will initially focus on carbon credit production, sales, and purchase. This will enable Circle Energy to identify buyers and sellers of carbon credits both mandatory and voluntary on a global basis and determine the quality and quantity of their requirements enabling management and identification of carbon credits globally. By engaging with FYNN AI, Circle Energy is looking to utilize the Solana network across all verticals of carbon credit trading to provide a fully transparent platform in carbon credits.
FYNN AI will canvass, identify, and initialize through AI the sellers and buyers in the carbon credit market and provide a white label service for Circle Energy
A full agreement is scheduled to be completed by 20 June 2025.
"SMC Fyntechnical AI platform will enable Circle Energy to develop a new business area as a new part of Circle Energy's operations that can generate significant added value through organic growth using the resources already within the Company and we look forward to working closely with their team to put in place the finished product as soon as possible." Marttin Boulton CEO Circle Energy Sweden AB
"We will look to move quickly from an LOI to a definitive agreement." Stated SMC CEO, Erik Blum "Our FYNN AI based platform is perfect for building a white label solution for Circle Energy. This will enable Circle Energy to identify, isolate, and trade carbon credits. We look forward to helping Circle Energy implement and grow the platform together."
About SMC Entertainment, Inc.
SMC is a versatile holding company focused on acquisition and support of proven commercialized financial services and technology (Fintech) companies. SMC's multi-discipline growth by acquisition approach is to enhance revenues and shareholder equity. For more information on SMC, visit www.smceinc.com or www.fyntechnical.com.
Press Release Contact:
Erik Blum
Chief Executive Officer
SMC Entertainment, Inc.
Ron Hughes
Chief Operations Officer
SMC Entertainment, Inc.
[email protected]
360-820-5973
Safe Harbor Statement
Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by the third party. Therefore, in no case whatsoever will the Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages.
SOURCE: SMC Entertainment, Inc.
View the original press release on ACCESS Newswire
P.M.Smith--AMWN
