HOUSTON, TX, Aug. 17, 2022 (GLOBE NEWSWIRE) — Qenta, Inc., (“Qenta”) a financial infrastructure platform with cutting-edge technology and a proprietary enterprise-grade blockchain, the Qenta Operating System, today announced the acquisition of Noble Money, Inc., (“Noble”).
With employees and advisors including world renowned cryptographers, former senior government officials, and founders of large multinational organizations, Noble intends to scale the use of digital currencies starting with governmental adoption. The company is backed by leading investors that include 8 VC, Tribe Capital, Social Capital, Green Sands Equity and more, who now all join Qenta’s investor group.
“The synergies between our businesses are clear, and we are excited to bring Noble onto the Qenta platform. Combining our regulatory footprint and technology with Noble’s will amplify our efforts around financial inclusion and access tremendously,” said Brent De Jong, CEO of Qenta.
The combined companies are already making a strong regional push as the country of Palau considers legislation that would adopt a gold backed digital currency, to be administered by Noble, as an official national currency alongside the US Dollar. Qenta’s digital gold token, G-CoinⓇ launched in the U.S. in 2019 and currently available in 76 countries through digital asset exchanges, is purported as the appropriate solution for this.
The G-Coin is a digital certificate of ownership to one gram of…
