BOCA RATON, Fla. (PRWEB) January 25, 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 to facilitate a $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.”
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.
*The annualized average rate of return is based on TIGRcubs® issued since January 2017. An investor should not rely on past performance as an indication of future performance. TIGRcub® values and returns will fluctuate. Investing in TIGRcubs® is subject to various risks that should be taken into consideration, such as (but not limited to) market risk, liquidity risk, and risk of default. This press release is not intended as a solicitation or offer to sell TIGRcubs®.
**TIGRcubs® are private securities, tradable leveraging the tØ.com blockchain technology, subject to federal, state and local regulations. They are not traded publicly and are subject to holding period requirements prior to secondary trading. They are not intended for investors who need a liquid investment.
Entrex Capital Market, Inc., Entrex eChain LLC, and any affiliates (collectively, “Entrex”) do not purport to and do not, in any fashion, provide tax, accounting, actuarial, recordkeeping, legal, broker/dealer or any related services. Entrex does not endorse or recommend the purchase or sale of any securities. Neither Entrex nor any of its principals, directors, employees or representatives is providing you any investment advice through your use of our website or technology. Entrex is not an investment adviser, and is not registered with the Securities and Exchange Commission or any state regulator, and by using the Entrex website or technology you will not be an advisory client of, or otherwise have an advisory relationship with, Entrex. Entrex is not a registered broker-dealer and is not regulated by the Financial Industry Regulatory Association ('FINRA'). No trades are executed on the Entrex website or through the Entrex system. You should consult your advisors with respect to these areas and the material presented herein. You may not rely on the material contained herein.