SMC Entertainment Inc. Enters Joint Venture with Circle Energy Sweden AB to Launch Carbon Capital Solutions in Stockholm

Reuters2025-06-24

<a href="https://laohu8.com/S/SMCE">SMC Entertainment Inc.</a> Enters Joint Venture with Circle Energy Sweden AB to Launch Carbon Capital Solutions in Stockholm

SMC Entertainment, Inc. has entered into a joint venture agreement with Circle Energy Sweden AB to form Carbon Capital Solutions AB, a new entity based in Stockholm, Sweden. The joint venture, with an initial capital of approximately US$530,000, will focus on leveraging blockchain technology for carbon credit trading. Under the agreement, SMC will hold a 49% stake while Circle Energy will own 51%. The collaboration aims to utilize SMC's FYNN AI Platform to enhance the blockchain ecosystem, creating a more transparent platform for carbon credits. Both companies will have equal representation on the board of directors, and the initiative is expected to see a Beta launch of the blockchain platform in Q3 2025.

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: 1042395) on June 24, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Enters Joint Venture with Circle Energy Sweden AB to Launch Carbon Capital Solutions in Stockholm","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/SMCE\">SMC Entertainment Inc.</a> Enters Joint Venture with Circle Energy Sweden AB to Launch Carbon Capital Solutions in Stockholm\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        SMC Entertainment, Inc. has entered into a joint venture agreement with Circle Energy Sweden AB to form Carbon Capital Solutions AB, a new entity based in Stockholm, Sweden. The joint venture, with an initial capital of approximately US$530,000, will focus on leveraging blockchain technology for carbon credit trading. 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