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Stockreport

Cogint subsidiary acquires minority interest in Dragonchain [Seeking Alpha]

COGINT (COGT)  More Company Research Source: Seeking Alpha
Last cogint earnings: 11/8 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.cogint.com/investor-relations
PDF Cogint subsidiary acquires minority interest in DragonchainCogint's (COGT+1.7%) subsidiary, Red Violet Blockchain and Analytical Solutions, LLC,has acquired a minority interest (~ less then 5%) in Seattle-based Dragonchain. Terms of the transaction were not disclosed.“We believe that Dragonchain’s technology is uniquely positioned to drive significant enterprise adoption,” commented Derek Dubner, CEO of cogint. “We invested in Dragonchain because of its valuable technology, thought leadership, cultural alignment, and opportunity to be the leader in enterprise blockchain adoption across disparate industries.”Previously:Cogint to accelerate blockchain spin-off; insider buys $293K worth (Feb. 13)Click to subscribe to real-time analytics on COGTNow read:Publicis: Valuation Discount Is Unwarranted » [Read more]

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