Creatd announces application for dual listing on Blockchain-powered securities exchange, upstream
NEW YORK, 7 November 2022 /PRNewswire/ — Creatd, Inc. (OTCQB: CRTD) (“Creatd” or the “Company,” a creator-first company) announced today that it has begun the application process to double shares of Upstreamthe premier global exchange and trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”).
Creatd applies for dual listing on Upstream. Upstream is the world’s first digital asset securities market built on the Ethereum blockchain and operated under a full stock exchange license and regulations.
The company’s proposed listing on Upstream is expected to facilitate access to a global, digital-first investor base that can trade USDC digital currency alongside credit, debit, PayPal and USD, unlocking liquidity and improving price discovery while globalizing the opportunity to invest. in Creatd ahead of its expected application to re-list on a national stock exchange.
Commenting on the dual listing strategy, Jeremy FrommerCEO of Creatd, said: “Maintaining transparency is what will drive the next stage of evolution in the public markets. Upstream is uniquely leading this charge by combining the best available technology with enforcement practices that work together to protect and empower both issuer and investor. We are pursuing Creatd’s dual listing as part of a broader effort to realize the true value of our stock. Looking ahead, we are enthusiastic about the other potential opportunities to leverage Upstream, including its potential utility for the proposed spin-off of our OG Collection media library and other revenue-generating assets.”
Approval to be listed on Upstream is dependent on approval by MERJ.
This press release does not constitute a public offer of securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold the United States lack of registration or an applicable exemption from registration requirements.
About Upstream
Upstream, a MERJ Exchange Market (MERJ Exchange), is a fully regulated global exchange for digital securities and NFTs. Powered by Horizon’s Ethereum-L2 matching engine technology, the platform enables users to trade NFTs and invest in securities for IPOs, crowdfunded companies, US and international stocks and celebrity ventures using the Upstream app. For more information, please visit https://upstream.exchange.
About Creatd
Creatd, Inc. (OTCQB CM: CRTD) is a company dedicated to unlocking creativity for creators, brands and consumers. We achieve this through Creatd’s four business pillars: Creatd Labs, Creatd Partners, Creatd Ventures and Creatd Studios.
Created: https://creatd.com;
Created IR: https://investors.creatd.com;
Vocal platform: https://vocal.media;
Investor Relations Contact: [email protected]
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SOURCE Creatd, Inc.
