Intellabridge to Launch Kash Alpha Product for Market Testing
In advance of an audited live release, the Company is launching an Alpha version of the Kash platform for market testing. This version will contain the first of three modules to be developed, the Investment Module, a decentralized synthetic asset investment platform designed to provide access to equities and commodities markets, including some of the top equities in the United States by market capitalization, as well as commodities such as oil and metals. This version will improve asset liquidity, efficiency and accessibility through fractional ownership. The Investment module is built on a DeFi protocol which has acquired more than $1 billion in Total Value Locked (TVL).
As Intellabridge CEO John Eagleton explains, "From an international perspective, US equities are an attractive asset class, but access to the trillion-dollar equities and commodities markets is limited in many emerging markets, and crypto investors want to diversify into tokenized stocks like Tesla, Amazon and Apple. Intellabridge is working to solve this problem by providing investors with better access to the US markets through a decentralized digital version of centralized stockbroker platforms like Robinhood."
This product version will be made available to a private group of early users, partners, advisors, and influencers, providing them with the ability to perform live transactions through the platform. The purpose of the Alpha release is to gather market intelligence and valuable insights to further enhance the product offering and features, and to deliver the highest possible value to customers.
"This Alpha version is an exciting first step in our mission to build a decentralized global banking solution where people can securely save, invest and spend decentralized cash," said Maria Eagleton, Intellabridge's Chief Operating Officer.
A corporate presentation reflecting the Company's roadmap and strategy is now available on the Intellabridge website at intellabridge.com
About Intellabridge Technology Corporation
Intellabridge Technology Corporation (CSE: INTL) (OTC Pink: CRBTF) (FSE: 98AA) is a venture builder investing in blockchain technologies with a focus on fintech and decentralized financial ("DeFi") solutions. For more information on Intellabridge, visit www.intellabridge.com.
ON BEHALF OF THE BOARD of DIRECTORS INTELLABRIDGE TECHNOLOGY CORPORATION "Maria Eagleton" Maria Eagleton, COO
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This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of any of the word "will" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward looking statements. Such forward-looking statements should not be unduly relied upon. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.
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- Intellabridge Technology Corporation Announces Change of Company Auditor, Change of Year End, and Filing of Restated Financial Statements for the Years Ended December 31, 2018 and December 31, 2019Wednesday, April 29, 2022