WITH 4.3 MILLION TOTAL ACTIVE USERS, THE TRAD3R APP GAMIFIES TRADING OF STOCKS, SPORTS, CELEBRITIES AND FRIENDS FOR MILLENIALS AND GEN Z’S
VANCOUVER, BC, CANADA (February 20th, 2020) – Codebase Ventures Inc. ("Codebase" or the "Company") (CSE: CODE - FSE: C5B – OTCQB: BKLLF), an investment company, announces that it has finalized an arms-length equity investment in Trad3r, a UK-based virtual immersive social platform app that allows users to trade a wide range of options – from celebrities and sports teams to Instagram stories and stocks - with real money, in exchange for rewards at the world's best companies.
Codebase has invested CAD $105,000 in Trad3r parent company, Aerosax Research and Technology Ltd., of the UK. Codebase is excited to support the expansion plans for Trad3r, building upon its proven model, growing it’s following, participation and reach into new markets internationally.
The app, first launched in 2017, has already reached 4.3 million users and has a target of 10 million by 2021. The company is readying for a UK tour in March, hitting cities including Edinburgh, Manchester, Leicester and Bristol prior to launching its international expansion strategy into over 30 countries.
Trad3r Highlights – Celebrities, Sports, Stocks, Friends
“The Trad3r app has a proven track record, attracting users and investment in the UK,” said Codebase President and CEO, Mr. George Tsafalas. “This is a rapid growth sector and the unique proposition, combining stocks with celebrities, fantasy sports and one’s own social network is working to show that Millennials and Gen Z’s are seeking new methods of engagement, and we believe our shareholders will benefit greatly through this early stage investment in an innovator like Trad3r.”
About Codebase Ventures Inc.
Codebase Ventures Inc. seeks early-stage investments in sectors that have significant upside. We seek innovators who are establishing tomorrow’s standards. We support those innovators and help take their ideas to market.
For further information, please contact:
George Tsafalas - Ivy Lu
Telephone: Toll-Free (877) 806-CODE (2633) or 1 (778) 806-5150
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
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