ICOx Innovations Listed on TSX Venture Exchange

Announcements, Investing | December 8, 2018 By:

ICOx Innovations, a company that designs and creates blockchain economies with established brands, has been approved for stock trading on the TSX Venture Exchange. The company will trade under the symbol “ICOX.”

The company has been approved for listing as a Tier 2 Technology Issuer on the Exchange. ICOx Innovations has management team includes:

  • Cameron Chell, co-founder and chairman. Chell is also co-founder of KODAKOne and co-architect of the KODAKCoin. Chell has 25 years of experience in the energy, technology and finance sectors. He is the founder and co-founder of several successful ventures, including Business Instincts Group, Draganfly, Raptor Rig, ColdBore, and Urthecast.
  • Bruce Elliott, president. Elliott is a 25-year e-commerce veteran who has held senior leadership roles in privately held and listed companies in online payments, gaming, venture capital and the trust and corporate service sectors in North America and Europe.
  • Michael Blum, chief operating officer. Blum is co-founder and president of Hedgeye Risk Management, a leading online financial media company.
  • Swapan Kakumanu, chief financial officer. Kakumanu has over 25 year senior finance and operations experience and has served at senior management levels in public and private companies in high growth technology.

“The ICOx focus on regulatory compliance, corporate governance and program execution allows us to attract world class talent and international brand partners,” said Elliott. “From KodakONE, BitRail and our pipeline of opportunities, we are solving real world problems to help brands reduce transaction costs, increase customer adoption and raise engagement levels with blockchain technology and their own branded and regulated cryptocurrencies.”

ICOx Innovations helped create and launch KODAKOne, a blockchain platform that will use an encrypted ledger of rights ownership for photographers to protect, manage and monetize their new and archived works, potentially making it significantly cheaper and faster to register, move and sell their digital images.

ICOx Innovations is also helping to launch BitRail, a digital payment platform that provides frictionless use of regulated cryptocurrencies benefiting both consumers and ecommerce brands. BitRail will provide low-cost and transparent transaction services for cryptocurrencies seeking to be fully compliant in the US. BitRail is expected to provide ACH integration money transmitter licensing and AML/KYC compliant transactions in Q1 2019.

In connection with the listing, the company appointed Swapan Kakumanu as its chief financial officer.