BOCA RATON, January 23, 2018 -- Entrex Capital Market, Inc. (“Entrex Capital Market” or “Entrex”) announces today that The Entrex Market Index, the composite index of the Entrex Capital Market, reported an annualized yield of 12.19%* in 2017.
Entrex also announces its plans to structure and launch the EMI TIGRtoken™, a digital token created to provide accredited investors access to the diversified, monthly returns of the Entrex Market Index. The Entrex Market Index tracks returns of the TIGRcub® (or “top-line, income-generating rights certificate”), a patented, tradable* revenue-enhanced debt security. TIGRcubs® are private securities, available to accredited investors, and are issued by companies in industries ranging from medical supply distribution to clean energy.
Last year, Entrex’s blockchain affiliate, Entrex eChain, LLC (“eChain”), managed over 200 TIGRcub® transactions for regulated market participants. eChain technology supports the TIGRcub® trading** ledger and the distribution of monthly TIGRcub® interest payments, or TIPs, to investors. Beginning this month, Entrex plans to help facilitate the resale of various TIGRcub® owner’s securities, a first step in creating the first secondary market for blockchain-tradable private securities.**
In 2015, Entrex worked with tZERO, a subsidiary of Overstock.com (NASDAQ: OSTK), to facilitate Overstock.com’s $25 million TIGRcub® offering, which made history as the first crypto-security to trade on the blockchain.
Stephen H. Watkins, CEO of Entrex, said: “2017 was a breakout year for us, and we are excited to build on this momentum to further our vision of a blockchain-enabled capital market system for the entrepreneurial sector.
This sector, defined by us as companies with revenue between $5 and $250 million, is the economic and job-growth engine of this country, and is underserved by Wall Street. We hope to fill the need. Now that we have the infrastructure in place to build a robust marketplace for primary markets, we are turning our attention to building the first secondary market—just in time to capitalize on the growing demand for blockchain-tradable** securities.”
About Entrex
Entrex, Inc. was founded in 2001 as a “capital market system for entrepreneurial companies,” to help companies access capital while providing control, compliance, and transparency for investors. Through its affiliate and successor companies (collectively, “Entrex”), Entrex allows investors to find, research, track, manage, and trade** TIGRcub® securities. Entrex licenses its patented TIGRcub® securitization process to cash-flowing companies with $5-250 million annual revenue. For investors, the TIGRcub® simplifies investing in this sector, while providing the potential for both monthly base yield and revenue participation.
Entrex
Phone: (877) 4-ENTREX