Jacksonville, Florida, Jan. 31, 2022 (GLOBE NEWSWIRE) – Everything Blockchain, Inc. (OTCMKTS: OBTX), an advanced platform engineer, development and services company and software foundry, specializing in blockchain technologies, decentralized processing and trust, announced today that it has acquired ATrade Desktop SoftwareTM. The trading platform was acquired with a million dollars in cash.
ATrade Desktop is a cross-checked alternative trading platform, an online stock alert service that provides visually simplified stock alerts, including risk management, stock selection and order matching. The company will seek appropriate licensing across multiple jurisdictions while optimizing the software through the use of Blockchain architecture and integrating the cryptocurrency trading platform. Everything Blockchain will leverage this cutting edge technology to develop its new EBI platform, which will provide additional front-end trading services and applications. The platform will include EBITrader®, EBITraderManagement®, EBITrading Services® to provide setup services, asset transfer management, and more to traders. The company is anticipating multiple rollouts as it gets its license which could be as early as 3 months, with all items up and running by the end of this calendar year. Everything Blockchain is tracking at least four additional patents to support this new product and service.
“As we continue to develop our services, sites, and technologies across the country, we also want to make it easy for traders to have everything they need at their fingertips, which is exactly what this new platform will enable,” said Eric, CEO of Blockchain, Eric. Jaffe. “We look forward to adopting ATrade technology to enhance trading and access as everything Blockchain multiplies its growth and expands the use of cryptocurrency.”
This latest acquisition of ATrade follows the company’s four acquisitions in 2021, including Idaho-based Mercury, a move aimed at expanding solutions engineering and product development.
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Headquartered in Jacksonville, Florida, Everything Blockchain, Inc. (OTCMKTS: OBTX) is a Platform Developer, Systems Engineering Specialist, and Software Foundry for Blockchain, Decentralized Processing, Internet of Things, and Zero Trust technologies. For more information, please visit https://www.everythingblockchain.io/
This press release contains “forward-looking statements” that are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “expect”, “seek”, intend”, “believe”, “estimate”, “expect”, “project” or “plan” or Similar statements may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ from those projected in any forward-looking statements due to several factors. These factors include, among other things, the inherent uncertainties associated with new ventures, The future US and global economy, the impact of competition, and the Company’s reliance on current regulations regarding the use and development of the blockchain and zero-trust products These forward-looking statements are made as of the date of this news release, and we assume no obligation to update forward-looking statements, or to update the reasons why actual results may differ. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no guarantee that any such beliefs, plans, or expectations Or intentions will prove to be accurate.
Jessica Hunt, Director of Marketing, [email protected] www.everythingblockchain.io Investor Relations Contact: RedChip Companies Inc. Dave Gentry Phone: 1-800-RED-CHIP (733-2447 or 407-491-4498) [email protected]
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