BANXA Holdings Inc (TSX-V:BNXA, OTCQX:BNXAF) founder and chairman Domenic Carosa tells Proactive's Stephen Gunnion that the company is gaining traction as it takes a "regulatory-first" approach to its expansion in the US with the addition of five additional State Money Transmitter Licenses (MTLs).
He also discusses a C$3.5 million funding agreement with Lind Global Fund II LP and touches on the recent engagement of US-based Architect Partners, a leading cryptocurrency-focused investment bank, after it received several unsolicited proposals to consider strategic M&A opportunities.
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