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Second ICO on i-Deal Corp's i-Dx platform

Published: 18:33 01 May 2018 AEST

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Participants now number more than 1,600

Arrinera Automotive Holding Ltd has become the second ICO placing to be carried out through i-Deal Corp’s i-Dx platform.

Businesses undertaking ICOs or token sales are now flocking to i-Dx, said Luca Tenuta, i-Deal Corp’s chief executive, in addition to companies trying to raise money.

READ: i-Deal Corp: Bringing emerging market companies and investors together

Tenuta added that activity on the i-Dx platform, which matches companies trying to raise funds with investors, has jumped by 50% since its reach was widened in January to include private companies.

Founded by two brothers with a passion for cars, Arrinera, which is listed on the Warsaw Stock Exchange, joined i-Deal Corp's i-Dx platform in early 2017 to increase visibility in the global market.

i-Dx’s newsboard has already seen more than 2,500 views of Arrinera's Brooklands Racing Trailer video.

The company also developed Poland’s first homegrown racing car, as well as its first two-seater electric road car.

Tenuta believes the time is right for the platform. "The ICO placings confirm this," he said.

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