created by the Entrex team – but also gives the ability to buy out the equity owners – providing even more anticipated value for our shareholders”.
Andrew Shape, CEO of Long Blockchain suggests; “Our partnership with Entrex has facilitated Long Blockchain’s transition into the blockchain industry by leveraging Entrex’s proven blockchain-enabled technology platform. Together, we will seek to scale the platform across a range of industries and types of assets. We expect this transaction to provide nearly $3 million in cash-flow from the revenue participation certificate and an additional $6.9 million for
the LBCC shareholders if UNSS executes their buy-out option.”
About Entrex:
Entrex was founded in 2001 as a “capital market system for entrepreneurial companies.” The new joint venture will utilize Entrex’s intellectual properties and blockchain enabled technologies; built and proven over 17 years using
IBM’s Domino and Hyperledger technology platforms. The Entrex platform originates, structures, offers, places, trades, settles and services debt and equities of entrepreneurial companies through regulated entities that serve
investors and issuers. Working together with industry sector leaders and regulated market constituents allows investors to find, research, track, manage, and trade entrepreneurial securities while providing entrepreneurial
companies access to capital. www.EntrexCapitalMarket.com