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CryptoNewsBreaks – GreenBox POS (NASDAQ: GBOX) Announces Strategic Acquisition, Eyes Expansion into Opportunistic Market

GreenBox (NASDAQ: GBOX), an innovative blockchain ledger fintech company, today announced its entry into a binding agreement to acquire Roark Holdings Ltd, a United Kingdom-based licensed payment institution, in an all-stock transaction for 150,000 shares. A respected payment institution, Roark Holdings T/A Paysos.com allows the licensor to process debit and credit card payments and local payments within the U.K. Through the purchase, GreenBox accomplishes a significant strategic objective of expanding across multiple markets, made possible with the technology capabilities of Roark Holdings. Key motivators for the acquisition were Roark Holdings’ infrastructure and cutting-edge software. “Accumulating an array of technologies is vital to our long-term growth strategy, as GreenBox further progresses toward global expansion,” said Chief Business Development Officer Pouya Moghavem. “This strategic transaction enables us to further GreenBox market share in this vastly opportunistic market.”

To view the full press release, visit https://ccw.fm/w7MrI

About GreenBox POS

GreenBox is an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions. The company’s applications enable an end-to-end suite of turnkey financial products, helping to reduce fraud and improve the efficiency of handling large-scale commercial processing volumes for its merchant clients globally. For more information, please visit the company’s website at www.GreenBoxPOS.com.

NOTE TO INVESTORS: The latest news and updates relating to GBOX are available in the company’s newsroom at https://ccw.fm/GBOX

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

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