Business
Creatd Announces Application for Dual Listing on Blockchain-Powered Securities Exchange, Upstream
Creatd Announces Application for Dual Listing on Blockchain-Powered Securities Exchange, Upstream.
About this update from Creatd Inc.
[{"type":"text","content":"\n\n\n\nCreatd Announces Application for Dual Listing on Blockchain-Powered Securities Exchange, Upstream\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCreatd Announces Application for Dual Listing on Blockchain-Powered Securities Exchange, Upstream\nPR Newswire\nNEW YORK, Nov. 7, 2022\n\n\n\nNEW YORK, Nov. 7, 2022 /PRNewswire/ -- Creatd, Inc. (OTCQB: CRTD) (\"Creatd\" or the \"Company,\" a creator-first company, today announced that it has begun the application process to dual-list its shares on Upstream, the premier global exchange and trading app for digital securities and NFTs powered by Horizon Fintex (\"Horizon\") and MERJ Exchange Limited (\"MERJ\").\n\n \n \n \n \n \n \n\n \nThe Company's proposed listing on Upstream is expected to facilitate access to a global, digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal, and USD, unlocking liquidity and enhancing price discovery while globalizing the opportunity to invest in Creatd ahead of its anticipated application to re-list on a national exchange.\nCommenting on the dual-listing strategy, Jeremy Frommer, CEO of Creatd, said, \"Upholding transparency is what will drive the next stage of evolution in the public markets. Upstream is uniquely leading this charge by combining the best available technology with enforcement practices that together work to protect and empower issuer and investor alike. We are pursuing Creatd's dual-listing as part of a broader effort to realize the true value of our stock. Looking ahead, we are enthusiastic about the other potential opportunities to leverage Upstream, including its potential utility for the proposed spin-off of our OG Collection media library and other monetizable assets.\"\nApproval to be listed on Upstream is subject to approval by MERJ.\nThis press release does not constitute a public offer of any securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from r...