Codebase Ventures will seek early investment opportunities where emerging and innovative technology has the potential to disrupt and usurp traditional institutions
VANCOUVER, BC / ACCESSWIRE / February 15, 2019 / 360 Blockchain Inc. (“360” or the “Company”) ( CSE: CODE – FWB: C5B – OTC: BKLLF) announces its name change to Codebase Ventures Inc. The rebranded company expands its mission to invest in emerging technologies that will generate high returns for shareholders. The company’s new website is codebase.ventures.
“Technology is always evolving, which can present challenges, but this means there is always an early opportunity,” said George Tsafalas, CEO of Codebase.
“As practical investors seeking the highest returns, it made sense to expand our focus beyond blockchain so our team can identify these opportunities before anyone else.”
Jeff Koyen will assume the role of Chief Strategy Officer at Codebase Ventures Inc. Koyen was previously a Strategic Advisor at 360 Blockchain Inc. and CEO of 360 Blockchain USA. He will continue to manage the Company’s portfolio companies while seeking new investment.
“We remain confident that blockchain technology will radically transform the way business is conducted, and we expect our current investments to deliver value for our shareholders,” Koyen said. “But if we hope to find the most exciting technology innovations, we need to broaden our reach and our mission.”
The company recently closed a C$1 million round of financing. Much of this capital is used to make new investments under the Codebase name.
The company’s current portfolio includes:
- Pressland, the first comprehensive map of the global media supply chain, created to restore public trust (pressland.com)
- Arcology, building the next generation of enterprise blockchains (arcology.network)
- ICO Ranker, the industry standard for trusted reviews and analysis of token sales (icoranker.com)
- Blockchain Ranker, a B2B directory of top-rated blockchain software, service providers, platforms, and developers (blockchainranker.com)
Codebase also has minority stakes in ePIC Blockchain Technologies Inc. and Nerds on Sitio.
The company’s trading symbols remain the same:
* CSE: CODE
* FWB: C5B
* OTC: BKLLF
Coinciding with this reorganization, operations at SV CryptoLab have been suspended due to the flat cryptocurrency market. If prices recover, operations are expected to resume at a new location where energy costs are lower.
Trading in the CSE is expected to begin under the new name on Monday, February 18, 2019.
About Codebase Ventures Inc.
Our Mission: To strategically invest in emerging and innovative technology that has the potential to change traditional institutions and deliver the greatest value to shareholders.
Company Description: Codebase Ventures Inc. is a small, hands-on team of financial and technology experts who invest early in great ideas. We operate from the understanding that technology is always evolving, providing early opportunities for strategic investments that can generate exponential returns for our shareholders. We seek out and empower the innovators who are building tomorrow’s standards with platforms and protocols, not just products. We invest early, support our founders, bring their ideas to market, and work tirelessly to help them bring their vision to life.