Company Information

Get to know Majic Wheels Corp

Originally, Majic Wheels Corp. operated as a holding company focused on disruptive industries, including FinTech, software development, and cryptocurrency exchange services through its various subsidiaries. In a significant strategic shift, the company completed a merger with Calyxt, Inc. in January 2023. Following the merger, the combined entity was renamed Calyxt, Inc. and its stock ticker changed from MJWL to CLXT. The company's mission is now centered on synthetic biology, specifically engineering plant-based chemistries to create sustainable and innovative products for diverse markets like personal care, specialty chemicals, and advanced materials.

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Financial InvestmentPRIMARY
Financial Insurance
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Majic Wheels Corp

United States

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.