Accredited Solutions Sets Sights on Nasdaq Listing with Strategic Blockchain and E-Gift Card Expansion
TL;DR
Accredited Solutions advances toward Nasdaq listing, gaining credibility and access to capital, positioning as market leader in e-gift cards and blockchain payments.
Through LOI execution with Everest Consolidator Acquisition Corporation, Accredited Solutions accelerates listing process without reverse stock split, enhancing market position and expansion capabilities.
Accredited Solutions' Nasdaq listing and strategic acquisitions aim to revolutionize e-gift card and blockchain markets, fostering transparency, security, and market consolidation for a better digital future.
Accredited Solutions' innovative approach in e-gift card and blockchain sectors, along with Nasdaq listing, creates opportunities for market leadership and transformative financial technology solutions.
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Fintech company Accredited Solutions is poised for significant market expansion through a strategic Nasdaq listing and blockchain technology acquisition, targeting the massive e-gift card and digital payments sectors. The company's leadership, led by CEO Eduardo Brito, has outlined an ambitious plan to transform its market position and capitalize on emerging financial technology trends.
The company's primary strategy involves executing a Letter of Intent (LOI) with Everest Consolidator Acquisition Corporation to achieve a Nasdaq listing. This move is expected to accelerate the company's growth by enhancing credibility, increasing institutional capital access, and improving global market visibility.
A key component of Accredited Solutions' strategy is the planned acquisition of ItsBChain, a blockchain infrastructure company. This acquisition aims to revolutionize e-gift card issuance, tracking, and redemption in a market projected to exceed $700 billion by 2027. The global gift card market has shown substantial growth, expanding from $500 billion in 2023, while blockchain payments are anticipated to grow from $10 billion in 2024 to over $60 billion by 2030.
The company's financial performance indicates promising momentum, with revenue per share growing tenfold from $0.0011 in 2023 to $0.0119 in 2024. Accredited Solutions anticipates booking more than $2.5 million in net earnings for fiscal year 2024 and forecasts $85 million in revenue for 2025, driven by organic growth and strategic acquisitions.
By leveraging ItsBChain's scalable technology and existing fintech distribution channels, Accredited Solutions seeks to address the fragmented e-gift card market. The Nasdaq listing is expected to provide the company with enhanced capital access and the ability to act swiftly in capturing market opportunities before competitors.
The uplisting process is designed to be efficient, with no required reverse stock split and Accredited Solutions remaining the surviving entity, maintaining its name and ticker symbol. This approach is expected to reduce the typical listing timeline by at least 50%.
Brito emphasized that the Nasdaq listing represents more than a mere financial milestone; it is a strategic enabler for the company's long-term vision of leading the e-gift card and blockchain fintech markets through innovation, scale, and speed.
Curated from NewMediaWire
