SPZI: Bloxcross and JP3E Announce the Global Trade Financing Platform Is Live
JP 3E Holdings, Inc. (OTC: SPZI) and Bloxcross, Inc. have launched a new Global Trade Financing Platform, following JP 3E's acquisition of a majority stake in Bloxcross. The platform is expected to significantly contribute to both companies' revenue by executing existing commodity contracts. Bloxcross, with offices in multiple countries, completed $135 million in global transactions in 2023 using its proprietary AI-powered technology.
The global trade finance market, valued at $9.3 trillion in 2022, is projected to reach $12.5 trillion by 2032. Diego Baez, CEO of Bloxcross, will join JP3E's Board of Directors and become its new CEO, bringing extensive experience from top technology and financial firms. John K. Park will remain as Chairman of JP3E.
JP 3E Holdings, Inc. (OTC: SPZI) e Bloxcross, Inc. hanno lanciato una nuova Piattaforma di Finanziamento del Commercio Globale, in seguito all'acquisizione da parte di JP 3E di una partecipazione di maggioranza in Bloxcross. Si prevede che la piattaforma contribuirà in modo significativo ai ricavi di entrambe le aziende, eseguendo contratti merce esistenti. Bloxcross, con uffici in più paesi, ha completato 135 milioni di dollari in transazioni globali nel 2023 utilizzando la sua tecnologia proprietaria alimentata da intelligenza artificiale.
Il mercato del finanziamento del commercio globale, valutato 9,3 trilioni di dollari nel 2022, è previsto raggiungere 12,5 trilioni di dollari entro il 2032. Diego Baez, CEO di Bloxcross, entrerà nel Consiglio di Amministrazione di JP3E e diventerà il nuovo CEO, portando con sé una vasta esperienza proveniente da principali aziende tecnologiche e finanziarie. John K. Park rimarrà Presidente di JP3E.
JP 3E Holdings, Inc. (OTC: SPZI) y Bloxcross, Inc. han lanzado una nueva Plataforma de Financiamiento del Comercio Global, tras la adquisición por parte de JP 3E de una participación mayoritaria en Bloxcross. Se espera que la plataforma contribuya significativamente a los ingresos de ambas empresas al ejecutar contratos de commodities existentes. Bloxcross, con oficinas en varios países, completó 135 millones de dólares en transacciones globales en 2023 utilizando su tecnología propia impulsada por inteligencia artificial.
El mercado de financiamiento del comercio global, valorado en 9,3 billones de dólares en 2022, se proyecta que alcance 12,5 billones de dólares para 2032. Diego Baez, CEO de Bloxcross, se unirá a la Junta Directiva de JP3E y se convertirá en su nuevo CEO, aportando una amplia experiencia de importantes empresas de tecnología y finanzas. John K. Park seguirá siendo Presidente de JP3E.
JP 3E Holdings, Inc. (OTC: SPZI)와 Bloxcross, Inc.가 JP 3E의 Bloxcross 다수 지분 인수에 따라 새로운 글로벌 무역 금융 플랫폼을 발사했습니다. 이 플랫폼은 기존 원자재 계약을 실행함으로써 두 회사의 수익에 상당한 기여를 할 것으로 기대됩니다. 여러 국가에 사무소를 둔 Bloxcross는 독자적인 AI 기반 기술을 사용하여 2023년에 1억 3천5백만 달러의 글로벌 거래를 완료했습니다.
2022년 9.3조 달러로 평가된 글로벌 무역 금융 시장은 2032년까지 12.5조 달러에 이를 것으로 예상됩니다. Bloxcross의 CEO인 Diego Baez는 JP3E 이사회에 합류하고 새로운 CEO가 되어 주요 기술 및 금융 회사에서의 풍부한 경험을 가져올 것입니다. John K. Park는 JP3E의 의장직을 유지할 것입니다.
JP 3E Holdings, Inc. (OTC: SPZI) et Bloxcross, Inc. ont lancé une nouvelle Plateforme de Financement du Commerce Mondial, suite à l'acquisition par JP 3E d'une participation majoritaire dans Bloxcross. On s'attend à ce que la plateforme contribue de manière significative aux revenus des deux entreprises en exécutant des contrats de matières premières existants. Bloxcross, avec des bureaux dans plusieurs pays, a réalisé 135 millions de dollars de transactions mondiales en 2023 grâce à sa technologie propriétaire alimentée par l'IA.
Le marché du financement commercial mondial, évalué à 9,3 trillions de dollars en 2022, devrait atteindre 12,5 trillions de dollars d'ici 2032. Diego Baez, PDG de Bloxcross, rejoindra le conseil d'administration de JP3E et deviendra son nouveau PDG, apportant une vaste expérience des grandes entreprises technologiques et financières. John K. Park continuera d'exercer la présidence de JP3E.
JP 3E Holdings, Inc. (OTC: SPZI) und Bloxcross, Inc. haben eine neue Plattform für globale Handelsfinanzierung ins Leben gerufen, nachdem JP 3E eine Mehrheitsbeteiligung an Bloxcross erworben hat. Es wird erwartet, dass die Plattform erheblich zu den Einnahmen beider Unternehmen beiträgt, indem bestehende Rohstoffverträge ausgeführt werden. Bloxcross, das Büros in mehreren Ländern hat, hat 2023 global Transaktionen im Wert von 135 Millionen Dollar mit seiner proprietären, KI-gestützten Technologie abgeschlossen.
Der globale Handelsfinanzierungsmarkt, der 2022 auf 9,3 Billionen Dollar geschätzt wurde, wird voraussichtlich bis 2032 auf 12,5 Billionen Dollar anwachsen. Diego Baez, CEO von Bloxcross, wird dem Vorstand von JP3E beitreten und neuer CEO werden und bringt umfangreiche Erfahrungen aus führenden Technologie- und Finanzunternehmen mit. John K. Park wird weiterhin Vorsitzender von JP3E sein.
- Launch of new Global Trade Financing Platform expected to contribute significantly to revenue
- Bloxcross completed $135 million in global transactions in 2023
- Global trade finance market projected to grow from $9.3 trillion in 2022 to $12.5 trillion by 2032
- Appointment of experienced CEO Diego Baez to lead JP3E Holdings
- None.
NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (OTC: SPZI), formerly Spooz, Inc., recently acquired a majority stake in Bloxcross, Inc. In the wake of this significant acquisition, they announce the launch of a new Global Trade Financing Platform, positioning Bloxcross as a key element of the JP3E portfolio.
We expect that the Global Trade Financing Platform will make a substantial contribution to the revenue of both JP 3E Holdings and Bloxcross by executing existing commodity contracts.
Bloxcross operates in multiple countries with 30 employees across offices in Singapore, Korea, Brazil, and the United States, streamlining global transactions effortlessly. In 2023, the company successfully completed
As globalization continues to expand, so does the demand for robust trade finance solutions, reinforcing the value of this market. Trade finance mechanisms like letters of credit, insurance, and guarantees play a crucial role in reducing payment and supply risks while providing liquidity to optimize working capital and maintain smooth global supply chains. With the integration of blockchain and AI technologies transforming this sector, efficiencies are increasing and costs are reducing. This ongoing innovation Bloxcross brings to trade finance not only enhances the security and speed of international trade, fostering economic growth globally. In 2022, the global trade finance market was valued at
Diego Baez, CEO of Bloxcross, Inc. and the incoming CEO of JP 3E Holdings, Inc. commented, “The launch of our global trade financing platform underscores the significant opportunities between Bloxcross and JP3E. We are excited to leverage these synergies to drive innovation and deliver exceptional value to our clients and stakeholders.”
Diego Baez, CEO of Bloxcross, Inc., will join the JP3E Board of Directors (BOD) and assume the role of CEO of JP3E, with John K. Park remaining as Chairman. Mr. Baez brings a wealth of experience from his time at top technology and financial firms, serving in executive positions at Cloudera-Hortonworks, Goldman Sachs, JPMorgan, Citigroup, Lehman Brothers, and Knight Capital. His significant contributions in algorithmic trading, electronic trading, and market data systems have been widely recognized.
John K. Park, Chairman and CEO of JP 3E Holdings, commented, "We are thrilled to launch this groundbreaking global trade financing platform. It will revolutionize the way global trade is conducted, enhancing efficiency and connectivity across international markets.”
To receive information on JP3E, sign up for email news alerts at: https://www.jp3e.com/subscription.
For additional information on the Global Trade Financing Platform, reach out to sgallegos@bloxcross.com.
About JP 3E Holdings, Inc.
JP3E is a global leader in commodity trading, known for its innovative approach to optimizing trade processes and solutions across numerous sectors. With a commitment to sustainability and market leadership, JP3E continues to drive new trends and solutions in global commodity markets.
About Bloxcross, Inc.
Bloxcross is at the forefront of financial technology, specializing in blockchain-based solutions for cross-border payments and trade finance. Dedicated to streamlining global financial transactions, Bloxcross provides secure, fast, and cost-effective services to clients worldwide. To learn more about their groundbreaking solutions, visit: https://www.blox.global/.
Company Contact:
John K. Park, Chairman and CEO
john.park@jp3eholdings.com
732-241-0598 Office
Websites: https://www.jp3e.com/
https://www.jp3eholdings.com/
Twitter: http://www.twitter.com/SpoozInc
Facebook: http://www.Facebook.com/SpoozInc
E-Mail: info@jp3e.com
FAQ
What is the new platform launched by JP 3E Holdings (SPZI) and Bloxcross?
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