SMC Entertainment Inc. and Circle Energy Sweden AB Sign LOI for Blockchain-Based Carbon Credit Platform Development

Reuters06-10

<a href="https://laohu8.com/S/SMCE">SMC Entertainment Inc.</a> and Circle Energy Sweden AB Sign LOI for Blockchain-Based Carbon Credit Platform Development

SMC Entertainment, Inc. has announced that Circle Energy Sweden AB has signed a letter of intent to utilize SMC's Fyntechnical FYNN AI Platform to develop Circle Energy's Carbon Capital Solutions Division. This new division will focus on the production, sales, and purchase of carbon credits. The partnership will leverage the Solana network to create a transparent trading platform for carbon credits, enabling Circle Energy to effectively manage and identify carbon credits globally. A definitive agreement is expected to be completed by June 20, 2025. Erik Blum, CEO of SMC, expressed enthusiasm for the collaboration, highlighting the potential for Circle Energy to grow this new business area through organic expansion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smc Entertainment Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1037117) on June 09, 2025, and is solely responsible for the information contained therein.

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