Blockchain Loyalty Corp Acquires Stake in Koilink Technologies

On April 25, 2024, Blockchain Loyalty Corp. (BBLC), previously known as Belle Bonica Luxe Corp., confirmed its acquisition of a 20% stake in Wyoming-based FinTech company, Koilink Technologies Inc. This move underscores BBLC's commitment to fostering innovations in financial services, particularly in capital raising and investment matchmaking.

Koilink Technologies is recognized for its cutting-edge solutions aiming to enhance how issuers and brokers operate within the market, which could lead to a more transparent and dynamic investment environment. Furthermore, BBLC announced plans to "spin out" Koilink, anticipating it to emerge as a separate publicly traded company, pending fulfillment of all regulatory requirements and potential listing on CSE, CBOE, or OTC Markets.

This acquisition not only aims to enhance shareholder value but also allows BBLC shareholders to engage directly with Koilink’s growth trajectory. BBLC will distribute approximately 6.49 million Koilink shares to its shareholders as a dividend, promising one Koilink share for every ten BBLC shares held by May 15, 2024.