ThreeD Capital Updates Strategic Plans

TORONTO, Jan. 04, 2018 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (the "Company") (CSE:IDK), a Canadian-based venture capital firm focused on investments in promising, early stage companies with disruptive capabilities, is pleased to announce the creation of a special purpose division within its wholly owned subsidiary Blockamoto.io Corp. (see previous announcements October 26, 2017 and December 19, 2017) to specifically invest in a number of strategic tokens and Initial Coin Offerings ("ICO") especially those which are protocol based.

Total cryptocurrency capitalization in the world now exceeds $650 billion US, and the best-known currency of this type being the Bitcoin. Blockamoto.io cryptocurrency investment portfolio will initially invest primarily in the leading cryptocurrencies, such as Bitcoin and Ethereum.  It may also invest in various emerging altcoins, based on strong fundamentals, and could invest into ICOs.

The cryptocurrency portfolio is primarily a simplified vehicle for investing in the complex emerging cryptocurrency market, while taking advantage of the expertise of Blockamoto.io's team of advisors. Cryptocurrencies may be the opportunity of a generation, as the Internet boom was in the 1990s. The implementation and adoption of this revolutionary technology is still in its infancy.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources, Artificial Intelligence and Blockchain sectors.

ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the Company's network in order to earn increases to the Company's equity stake. 

For further information:
Gerry Feldman, CPA, CA
Chief Financial Officer and Corporate Secretary
[email protected]
Phone: 416-606-7655