Digital-marketing and consumer-data-management technology
company SRAX (NASDAQ: SRAX) is strategically positioned to
fast-track the growth of its BIGtoken consumer-driven data marketplace after
its recent entrance into a secured term loan with an affiliate of B. Riley
Financial Inc. Details of the transaction are available in SRAX’s current
report on Form 8-K (http://ibn.fm/m0ACV).
An article discussing the company reads, “BIGtoken is a unique offering in the
digital marketing space that offers solutions for consumers who are
increasingly becoming aware of the value of their data. The platform allows
users to own and earn from their data, providing everyone in the ecosystem with
choice, clarity and reimbursement, in addition to generating reliable data sets
that can be sold to marketers. . . . ‘We are excited to partner with B. Riley.
The team is experienced and will help us take the next steps in executing our
plan,’ SRAX founder and CEO Christopher Miglino stated in a news release. ‘This
financing will help fuel growth as both BIGtoken.com and SRAXir.com are gaining
traction in their goals to be the leaders in their respective data
businesses.’”
To view the full article, visit http://ibn.fm/sq7mI
About SRAX Inc.
SRAX is a digital-marketing and consumer-data-management
technology company. SRAX’s technology unlocks data to reveal brands’ core
consumers and the characteristics of those consumers across marketing channels.
Monetizing its data sets, SRAX is growing multiple, recurring revenue streams
through various platforms. Through its BIGtoken platform, SRAX has developed a
consumer-managed data marketplace where people can own and earn from their
data, thereby offering everyone in the internet ecosystem choice, transparency
and compensation. SRAX’s tools deliver a digital competitive advantage for
brands in the CPG, investor relations, luxury and lifestyle verticals by
integrating all aspects of the advertising experience, including verified
consumer participation, into one platform. For more information, visit the
company’s website at www.SRAX.com.
NOTE TO INVESTORS: The latest news and updates
relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX
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