Creatd Acquires Majority Stake in Stock Trading Social App, Orbit

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NEW YORK, Aug. 5, 2022 /PRNewswire/ — Creatd, Inc. (Nasdaq CM: CRTD) (“Creatd” or the “Company”), at the moment introduced that it has accomplished its buy of a majority possession stake in Orbit Media, LLC (“Orbit”), a brand new app-based inventory buying and selling platform designed to empower a brand new technology of buyers, offering customers with a like-minded neighborhood in addition to entry to instruments, content material, and different sources to be taught, practice, and excel within the monetary markets.

Orbit not too long ago concluded its beta testing program and is predicted to have its full launch by the tip of the yr.

Creatd Acquires Majority Stake in Stock Trading Social App, Orbit (Photo: Creatd, Inc.)

Commented Creatd’s Executive Chairman, Jeremy Frommer, “In my seat, I’ve spent quite a lot of time analyzing the habits of retail buyers, significantly with reference to meme shares and the communication boards dominated by discussions about them. Specifically, I’ve studied firsthand the quantity of misinformation that tends to persist. Today, we have now introduced the acquisition of a majority stake in Orbit, a brand new inventory buying and selling social app. Orbit is designed to allow open and honest discourse round inventory buying and selling, and throughout the underutilized small-cap house particularly. We anticipate Orbit’s full launch to happen in the course of the fourth quarter, launching a brand new period of interplay between retail buyers and administration groups–I’ve lengthy been a robust proponent of the advantages of direct communications between administration groups and shareholders, and of the facility of social media platforms which have the power to make sure the discussions stay honest and compliant. We anticipate to distribute the platform all through Creatd’s community and platform communities, in addition to the audiences they appeal to.” 

For extra data on Orbit and its launch plans, go to https://upinorbit.io/.

About Creatd

Creatd, Inc. (Nasdaq CM: CRTD) is an organization devoted to unlocking creativity for creators, manufacturers, and customers. We accomplish this by way of Creatd’s 4 enterprise pillars: Creatd Labs, Creatd Partners, Creatd Ventures, and Creatd Studios.

Creatd: https://creatd.com;

Creatd IR: https://buyers.creatd.com;

Vocal Platform: https://vocal.media;

Investor Relations Contact: [email protected]

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SOURCE Creatd, Inc.

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