Cyrpto Tech investment report

Little article re Ivy and CC.

Reads well.  Be patient I say.

Change to option Ivy

The bare bones of the situation are that Change Financial, an ASX-listed fintech company, has an option to acquire 100% of the operating company that runs the Ivy Project.

If Change take up that option — as we expect they will — that would effectively give them operational control over the Ivy Project.

We’re not worried about this at all. In fact from the way we see it, Ivy was really born from Change Financial’s desire to get involved with blockchain tech and cryptocurrency.

We know that Change parted with IP to help get Ivy started, and that they had a stake in the project from day one. We also know Change’s CEO Ash Shilkin has been involved with Ivy as a Strategic Advisor again from the start.
What’s crucial with this transaction is CCA will integrate the Ivy Platform into their platforms.
Their ASX announcement explains this:

‘…it allows Change Financial to integrate the Ivy Platform into its award-winning ChimpChange digital banking platform and enterprise-facing payments processing service, to reduce the risk of money laundering in respect of blockchain-based payments.’

We see this as a win for Change Financial and for the Ivy Project. We think they’ll take up the option and be able to push the development of the project faster with greater advantage in partnering with other financial institutions.
This also makes Change one of the world’s first banking platforms to properly integrate this kind of crypto/blockchain-based platform into a ‘traditional banking’ platform.

The longevity and value in IVY tokens relies on their ability to get other financial institutions involved in using the platform. We think that under Change Financial’s guidance the likelihood increases dramatically.

Remember, Change is an ASX-listed public company. They have stringent listing and disclosure requirements. And the ASX is one of the most transparent and reputable exchanges on the planet.

This lends even further credibility to the Ivy Project and in our view even greater long term potential for the Ivy token.

In short we think this could potentially have a huge upside for Ivy and we’re not worried about it one little bit. If anything, we’re even more excited about Ivy’s future.