Adaptive Medias to Change Corporate Name to DecentraFin to Better Reflect its Launch Into Cryptocurrency
Company to Strengthen Management Team and Advisory Board as it Prepares to Announce its Initial Acquisition of a Leading Cryptocurrency Prior to its ICO
LOS ANGELES, CA / ACCESSWIRE / October 2, 2018 / Adaptive Medias, Inc. (OTC PINK: ADTM) today announced that it has filed to change its corporate name and stock trading symbol to DecentraFin, which is reflection of the Company's ongoing transition into the cryptocurrency market. The corporate name and ticker change are expected to be effective within the next quarter. The Company noted that it expects to further strengthen its management team and advisory board with a group of high-tech executives, some of which are considered to be the pioneers of the advent of the cryptocurrency marketplace.
The Company today also announced that today's name change as well as a number of additional corporate initiatives in the pipeline are being implemented in advance a strategic acquisition of a leading cryptocurrency platform prior to its highly-anticipated Initial Coin Offering (ICO). As of today, the target acquisition's valuation has already exceeded $30 million.
"We believe our aggressive, yes systematic, planning and hiring of select executives to lead our launch into the cryptocurrency marketplace will begin to generate significant and consistent returns on our investments almost immediately," said John B. Strong, Chairman and CEO of Adaptive Medias, Inc. Our new corporate name, DecentraFin, is a clear reflection of our company's goal, which will be to decentralize the financial industry for the benefit of the masses. This is an exciting time for our employees, clients and, perhaps most importantly, shareholders that have been supporting us from day one. We thank you for your ongoing support and look forward to report back to you on our progress shortly," concluded Mr. Strong.
For additional information or to be added to Adaptive Medias' investor lists, please contact investor relations at 855-386-3420.
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