It’s the era of cryptocurrency madness, and its underlying technology, blockchain.
In a strange case of domain rebranding, the Long Island Iced Tea company, that produces a series of tea beverages, announced that it’s changing its name to Long Blockchain.
Currently operating from LongIslandIcedTea.com, the company secured LongBlockchain.com and shared some info about its future as a company that makes tea, and embraces blockchain technology:
The Company is already in the preliminary stages of evaluating specific opportunities involving blockchain technology. The discussions are only in the preliminary stages but indicate the areas of focus for the Company. These opportunities include potential partnerships, investments or acquisitions involving:
- A blockchain software developer building blockchain infrastructure for the financial services industry
- A London-based FCA regulated, institutional provider of FX services that is building multiple blockchain and digital crypto currency technology solutions for global financial markets
- A new smart contract platform for building decentralized applications that provides scalability beyond currently available options
The news sent the company’s stock higher today, where it trades under the ticker symbol LTEA.
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