ICOA Inc. (OTCMKTS:ICOA), a publicly traded Nevada blockchain, decentralized finance (DeFi), and cryptocurrency-focused investment company, has made an announcement about entering into a $500,000 deal with SRAX. It has been done to boost and maximize its communications for interested investors, shareholders, and supporters.
Trading Data
On Friday, ICOA stock gained 22% to $0.0056 with more than 71.97 million shares, compared to its average volume of 62.96 million shares. The stock moved within a range of $0.0045 – 0.0058 after opening trade at $0.0047.
ICOA Inc. Appoints SRAX to Enhance Investor Communications
SRAX is a publicly traded company offering premier operating system tools for publicly traded companies. ICOA hopes to further expand its target audience through SRAX, via robust solutions to help it in maintaining, communicating, and expanding its shareholder base. With more than 200 platform subscribers, an 88% platform retention rate, an investor audience exceeding 9 million, and a 1360% year-over-year growth, ICOA is sure that the tie-up with SRAX will help to reach its objective of offering reliable, transparent, informative, and immediate communications with its supporters.
ICOA gets access to Sequire, a product of SRAX, for securing trading data instantly, which includes level two trading data, current share price, volume, change percentages, and beyond. It also allows better shareholder engagement via amplified media utilization.
The collaboration will ensure improved company education and a deeper understanding of the market demographics within ICOA’s areas of focus, as well . It opens up opportunities for customized marketing and communication strategies to capture investor, shareholder, and consumer interest.
Key Quote
ICOA CEO Hadria Wong “The ICOA team warmly welcomes our recent partnership with SRAX. As a company created to boost the blockchain and crypto spaces by removing the guesswork and infusing it with a sense of trust, security, and convenience, this collaboration is an organic next step in bolstering such an environment. We hope our investors, shareholders, supporters, and community appreciate this decision and receive value from it.”
Technical Data
ICOA stock is trading below the 20-Day and 50-Day Moving averages of $0.0061 and $0.0072 respectively. Moreover, the stock is trading below the 50-Day moving average of $0.0082.
