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19 January 2018
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Blockchain frenzy is getting into another level

21 December 17 - RE+D Magazine
Blockchain frenzy is getting into another level

COMPANIES

IBI Group

Consultant - GREECE

Savills

Consultant - GREECE

Solum Property Solutions

Consultant - GREECE

ETAD.A.E.

Public entity - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
Long Island Iced Tea Corp. shares rose six-fold after rebranding itself Long Blockchain Corp, according to Bloomberg.

 

It’s the latest in a near-daily phenomenon sweeping the stock market, where obscure microcap companies reorient to focus on some aspect of the mania sparked by bitcoin’s 1,600% rally this year.

Long Blockchain, whose business has been selling non-alcoholic beverages, says it will now seek to partner with or invest in companies that develop the decentralized ledgers known as blockchain, the technology that underpins bitcoin.

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