Ideanomics' wholly-owned businesses and direct investments are critical components of the company's vision to build advanced technology ecosystems to deliver more efficient and environmentally-friendly solutions to the world.
A Marketplace that Serves Issuers, Investors, Market Makers and Brokers
Ideanomics acquired a majority stake of DBOT in May 2019. DBOT fulfills Ideanomics’ strategic vision of combining a regulated and compliant platform to address traditional financial instruments with the capability of servicing digital assets. This acquisition enables Ideanomics to provide comprehensive global financial services with full-scale capabilities for the whole range of current and future financial products.
Nextgen Vehicles and Technology ETF
EKAR tracks the Innovation Labs Next Generation Vehicles Index, which identifies companies involved with “next generation” vehicles — generally, electric or autonomous vehicles — using a natural language processing (NLP) algorithm to scan large volumes of textual data, media platforms and databases. Companies are sorted into one of four categories: battery producers (miners, chemical suppliers or manufacturers), original equipment manufacturers (design, manufacture, or distribution of next-gen vehicles), suppliers (parts and components) and semiconductor and software companies (sensors, mapping or driving policy).
Launched in February 2018, EKAR is the first AI-driven ETF that provides investors exposure to the universe of stocks involved in the growing category of electric and self-driving/autonomous vehicles. For Ideanomics, EKAR represents two significant emerging trends: the application of AI in traditional financial services and the rapidly developing new technology ecosystem required to build, maintain, and support next-generation vehicles.
Global Headquarters for Technology and Innovation
Fintech Village in West Hartford, Connecticut will serve as a world-class center of excellence, leveraging the best of breed developments in high-technology. This 58-acre state-of-the-art campus is designed to be smart/IoT-enabled and features high-tech/SaaS labs/office space, mixed residential and retail components, and five acres of indoor public space. Fintech Village will foster a pipeline of technological excellence in fintech, regtech, cybersecurity, insuretech, tradetech, consumertech, healthtech, agritech, and sports betting.
Ideanomics unveiled the campus design plans in July 2019. Following remediation and permitting processes, the company expects to begin construction in the Spring of 2020.
AI-driven SaaS and PaaS Solution Provider for the Financial Industry
Ideanomics’ AI service and solutions offering was rebranded in April 2019 as Intelligenta. As part of its rebranding, Ideanomics restructured its joint venture with BBD, and leader in dynamic ontology-based artificial intelligence and machine learning solutions for financial data worldwide. With over 20 proven AI-driven SaaS and PaaS solutions, Intelligenta has been deployed in Asia over the past several years and began marketing its services in the U.S. in 2019. Its products provide financial services clients with deeper insights that improve decision making, risk management, client retention and growth, and other efficiencies that drive significant ROI.
Using Smart Contracts to Redefine Ownership
Liquefy translates the rights of beneficial owners into pre-designed smart contract templates for different asset classes, converting illiquid assets into digital tokens. Through its tokenization platform, illiquid assets can be traded on exchanges, have fractional ownership, and access global investors – all with automated compliance. The company’s primary focus is real estate with future ambitions to enter the exotic asset space, such as sports teams and racing horses.
In July 2019, Ideanomics and NEO Global Development led a $2.6M Pre-A funding round. Liquefy’s capabilities complement Ideanomics’ existing suite of products and services given Liquefy’s advanced and compliant digital tokenization platform.
Smart Devices For Manufacturing
Logistorm improves efficiencies in industrial manufacturing and supply chains through its IoT technology and data analytics capabilities. It is part of the new wave of smart technology used to enhance manufacturing processes.
In June 2019, Ideanomics merged Amer Global electronic parts supply chain business with Anbit Technology, a high-tech IoT company, Tianzhiwei, an end-to-end developer and manufacturer of smart electronics, and Robles, a supply-chain automation company. The merger left Ideanomics with a 10% stake in the newly formed, Hong Kong-based, Logistorm. The synergies between the constituent entities position Logistorm to become a transformative company in the industrial IoT industry. Ideanomics plans to take Logistorm public in the near future.
Pioneering a New Way of Mobility
The first company to bring a true electric bike to Malaysia, Treeletrik provides a transportation option that is clean, safe and affordable, with advanced technology, EV innovations and minimal maintenance. Treeletrik’s parent company, Tree Manufacturing, is the only licensed EV manufacturer in Malaysia.
In March 2019, Ideanomics acquired a controlling stake in Tree Manufacturing. The combined organization accelerates the adoption and affordability of EV production, extending Treeletrik’s portfolio from EV mopeds and bikes to EV buses, trucks, cars, and light rail. The expanded vehicle product line serves the 650 million people in the ASEAN region including Malaysia, Cambodia, Vietnam, Philippines, Indonesia, Laos, Singapore, and Brunei.
