Majic Wheels Corp.
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- Majic Wheels Corp. (OTC: MJWL) operates as a holding company focused on disruptive industries including fintech, blockchain, insurtech, software development, and cryptocurrency services through strategic acquisitions and subsidiaries. The company provides fully insured cryptocurrency exchange platforms, digital custody solutions, cryptocurrency mining operations, and related fintech and blockchain technologies; it pursues growth via mergers, acquisitions, and investments in areas such as crypto exchanges like CGCX Ltd., Panaesha Capital Exchange, and Bamboo Wellness. Incorporated in 2007 and headquartered in Houston, Texas, Majic Wheels targets global markets with operations centered in the United States and interests in international software and crypto ventures. In recent developments, Majic Wheels entered a definitive merger agreement in November 2022 with OceanTech Acquisitions I Corp., a SPAC, valuing the combined entity at approximately $200 million with potential earn-outs up to $500 million, though the deal terminated by mutual consent in February 2023. The company continues to position itself for growth in fintech and blockchain amid a microcap market capitalization of around $18,000 as of late 2025, maintaining a lean structure with roughly two employees and leadership including Chairman Jeffrey H. Coats. No major new acquisitions, funding rounds, or product launches have been reported since early 2023, with focus remaining on acquisition-driven expansion in high-growth tech sectors.
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Majic Wheels Corp. to Present at the LD Micro Invitational
Majic Acquires 26% Stake In Bamboo Wellness
Majic Signs LOI to Acquire Majority Interest in Bamboo Wellness
Majic Signs LOI to Acquire Majority Interest in Bamboo Wellness
Majic's CGCX Partners with PVBLIC Foundation
Majic's CGCX Partners with PVBLIC Foundation
Majic Signs Investment Banking Agreement with Donald Capital
Majic Signs Investment Banking Agreement with Donald Capital
Majic Presents CGCX Revenues & Business Lines
Majic Presents CGCX Revenues & Business Lines
Majic To Host Online Presentation of CGCX
Majic To Host Online Presentation of CGCX
Majic To Attend H.C. Wainwright & Co Annual Global Investment Conference
Majic To Attend H.C. Wainwright & Co Annual Global Investment Conference
Majic's CGCX To Provide Custody Services For 45,000,000 iBG Tokens
Majic's CGCX To Provide Custody Services For 45,000,000 iBG Tokens
Majic Provides Shareholders Update
Majic's Subsidiary CGCX Launches Advanced Decentralized Blockchain Platform
Majic's Subsidiary CGCX Launches Advanced Decentralized Blockchain Platform