HARTFORD, Conn., Sept. 28, 2018 /PRNewswire/ -- Ideanomics (formerly: Seven Stars Cloud Group, Inc.) (NASDAQ: SSC) ("Ideanomics" or the "Company"), a leading global fintech and asset digitization services company focused on digital asset production and distribution, is pleased to announce it has hired a prominent Connecticut architectural firm with significant West Hartford experience to design its planned $283 million redevelopment of the former UConn campus on Asylum Avenue.
Newman Architects, PC, whose experience includes major projects at both Hall High School and Conard High School in West Hartford, has been hired for the planning and design of Fintech Village, which will transform the 58-acre former UConn site into an open, community-friendly campus for Ideanomics, a blockchain and fintech-based company that plans to turn the site into its technology and innovation hub. Fintech Village is expected to create 330 jobs for West Hartford and the area.
"It was essential to us that we hire an architectural firm with a deep understanding of the town of West Hartford and the needs of its residents. Established over 50 years ago, and with 145 design awards for working, living and learning projects on campuses and in towns and cities, Newman Architects' laudable work in renewing the town's two public high schools, as well as their close ties to the town, make them the ideal firm to transform our vision of Fintech Village into a reality," Ideanomics Chief Operating Officer Alfred Poor said today. "Our fintech and blockchain hub on the former UConn site will be accessible to the West Hartford community – a campus they will find open, inviting and aesthetically pleasing. Newman's experience, talent and understanding of West Hartford will ensure that Fintech Village is a vibrant addition to the town."
A. Brooks Fischer, a principal with Newman Architects and well-known West Hartford resident, will be the lead architect on the Fintech Village project.
"Ideanomics' Fintech Village will be a campus of new and renovated buildings set in a landscape that emphasizes sustainability and connection to the natural environment. Fintech Village will be experienced as an extension of the public realm with walking trails, a contemporary art gallery and other community-oriented resources," Mr. Fischer said.
Ideanomics is continuing to become one of the most prominent global digital asset providers. Relying on its core base of fintech and digital asset production and services-based ecosystem enablement, Ideanomics is committed to delivering the best digital assets via the best underlying technology. This approach will drive capital formation and sales across our digital asset ecosystems.
Ideanomics customizes its technology platform for various business use cases, operates the Platform-as-a-Service (PaaS), and partners with businesses that deliver core digital asset products. Ideanomics is focused on delivering a global multi-layer technology infrastructure ecosystem that issues, trades, and settles digital asset transactions. It will leverage direct sales channels and automated sales systems via digital asset exchange platforms which is inclusive of decentralized exchanges to realize digital asset distribution, social media, traditional regulated broker dealer network as well as institutions as direct clients.
Ideanomics continues to drive growth and deal flow in its core product areas:
1) Fixed Income-based Digital Assets [Chinese National Electric Bus Financing Agreement, First Auto Loan Financing Agreement, IHT- Real Estate JV]
2) Consumer Tech Digital Asset [Grapevine acquisition]
3) Commodity and Energy Digital Assets [BBD Digital Capital Group]
4) TradeTech Digital Assets [Asia-Pacific Model Electronic Port Network (APMEN) JV]
Safe Harbor Statement
This press release contains certain statements that may include "forward looking statements." All statements other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
Federico Tovar, CFO at Ideanomics
Tony Sklar, VP of Communications at Ideanomics
Agency of record
Dan Tapper or Gene Sheehan
Sullivan & LeShane Public Relations, Inc.
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