Ideanomics' Commodities and Energy Division is Appointed Global Financial Advisor to Raise 200 Million USD for the World's Leading Magnesium Mining Project
SEVEN STARS CLOUD GROUP (SSC)
US:NYSE Investor Relations:
sevenstarscloud.com
Company Research
Source: PR Newswire
NEW YORK, Oct. 24, 2018 /PRNewswire/ -- Ideanomics (formerly: Seven Stars Cloud Group, Inc.) (NASDAQ: SSC) ("Ideanomics" or the "Company"), a leading global fintech and asset digitization services company is pleased to announce its commodities and energy division has signed its first project for a traditional financing and security token offering (STO) by entering into a financial advisory service agreement with Zhonjinhuifu Resources ("Zhonjinhuifu") CO., LTD, a Hong Kong company, whereby Ideanomics will advise and lead Zhonjinhuifu on its planned USD$200 million capital raise over the next two years.The Ideanomics commodities and energy division is focused on a super artificial intelligence-based risk management Platform-as-a-Service (PaaS) and operations for project based traditional, and STO, financing such as the magnesium project listed above. "As owner and operator of the world's leading magnesium mine, with non- ferrous metal deposits over 7.8 billion metric tones, Zhonjinhuif
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