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Cryptocurrency News Articles

CBI Acquires 1% of DOGESAI Token in a Private Round, Accelerating Web3 Expansion

Mar 14, 2025 at 01:33 am

Paris, France, March 13, 2025, at 6:30 PM CET (CBI, Euronext Growth Paris: FR0014007LW0 - ALCBI) – CBI has acquired 1% of the DOGESAI token in a private placement reserved for strategic partners.

CBI Acquires 1% of DOGESAI Token in a Private Round, Accelerating Web3 Expansion

Crypto Blockchain Industries (CBI, Euronext Growth Paris: FR0014007LW0 - ALCBI) announces the acquisition of 1% of the DOGESAI token in a private placement reserved for strategic partners. DOGESAI is the world's leading dog identification system, combining visual verification and artificial intelligence, secured by blockchain technology, operating in a market estimated at USD 130 billion.

To fund this participation, which values DOGESAI at USD 50 million, CBI sold its own $CRYS tokens to DogesAI for a total amount of USD 1.5 million, based on a valuation of USD 300 million for CBI.

CRYPTO BLOCKCHAIN INDUSTRIES (CBI) is a French company that develops, operates, and invests in video games, business applications, and selective projects in blockchain, Non-Fungible Tokens (NFTs), and cryptocurrencies. Founded by Frédéric Chesnais, a recognized entrepreneur in the video game industry and a pioneer in blockchain, the company aims to build and expand a portfolio of blockchain activities in diverse sectors (video games, finance, logistics, etc.) to integrate this technology, either through direct operations or partnerships. CBI has already made several investments and is currently developing a blockchain-based virtual world (metaverse) called AlphaVerse.

CRYPTO BLOCKCHAIN INDUSTRIES shares are listed in the E2 quotation group (public offering) on the Euronext Growth market.

About DogesAI

DogesAI is an innovative technology company behind one of the world's leading dog identification systems, combining artificial intelligence and blockchain to revolutionize pet identity management. Founded with a vision to bring essential decentralized solutions to the USD 130 billion pet industry, DogesAI integrates visual verification technology with its native DOGESAI token to create a unique ecosystem for pet owners, veterinarians, and businesses.

DogesAI is expanding its offerings through strategic partnerships, such as with CBI, to develop an AI-powered 3D environment that will further engage users and showcase its cutting-edge capabilities.

Original source:actusnews

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