Blockchain Incubator Yellow acquires TOKENOMX, aims at global expansion


12 November 2018 – CHIANG MAI, THAILAND – The Blockchain incubator and the Yellow fund acquired TOKENOMX, a multi-day event and a conference in Southeast Asia, which soon took hold of the business of scorching hot events.

Yellow announced this week that TOKENOMX, along with its founders, will join its team and operations at Yellow's headquarters in Chiang Mai to build Yellow's global events and conferences division.

This move comes at a time when the number of blockchain-related events around the world are at historic highs and exciting moves are being made in space.

"It was clear after their first event that the core values ​​of TOKENOMX strongly reflect the culture we are building here in Yellow," said Alexis Sirkia, founder of Yellow.

The rigorous policy of talks on the value of the event, together with a "strong focus on blockchain awareness", are the factors that have given rise to its interest in the acquisition of the event.

"The mass adoption of blockchain technology is the ultimate goal of our incubator program," said Manit Parikh, and former executive Goldman Sachs, who joined the international half of 2018 for drive the company's investment strategy. "Our business of live events and conferences will support this goal around the world, and we knew that the founders of TOKENOMX were the obvious choice to direct it," he continued.

The 2nd TOKENOMX event was scheduled to take place from 13 to 14 December 2018 at the Athenee Hotel in Bangkok, but was postponed to the first quarter of 2019. During this time the team will integrate completely into Yellow and add its own resources. unique, giving rise to an even more valuable deal for fans and sponsors of the conference.

TOKENOMX was purchased for an undisclosed amount.

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