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Blockchain Company Pops On New Partnership
Baystreet Staff - Tuesday, June 1, 2021
Blockchain Company Pops On New Partnership
A Vancouver-based fin tech company just announced that it has officially partnered with The Amplifier Group, a strategic communications consultancy focused exclusively on interactive entertainment. Shares of BlockchainK2 Corp. (OTCQB:BIDCF) rallied on the news.
BlockchainK2 Corp. is a holding company investing in blockchain technology solutions for capital markets and other sectors that can be made more efficient through tokenization. The Company is currently invested in RealBlocks, a technology platform for private equity, private credit and real estate that provides tokenized secondary trading of LP interests. The Company also has executed a joint venture agreement with Standard Power, an industrial scale crypto currency mining facility with very low power costs in the United Sates.
Traders were bullish on the news as shares hit a session high of $0.5159/share (+18.90%) following the announcement. This move could potentially be an indication that the price is breaking out of the multi-month downtrend it has experienced since February.