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Triterras Signs Letter of Intent with ECAPS for a Strategic Partnership and Acquisition of Minority Interest
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Triterras Expands Board of Directors
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Triterras makes hires
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Triterras Signs Letter of Intent to Acquire Invoice Bazaar
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GTR can reveal.
Shares in the Singapore-based fintech plummeted in January after US short sellers claimed nearly two-thirds of Kratos transactions between June 2019 and August 2020 were carried out by companies
The short seller report, published by newly formed hedge fund Phase 2 Partners, said it analysed records of Triterras transactions that are stored on the Ethereum blockchain, and produced data on who is using the platform, what cargo is being traded and the value of those sales.
Based on that research, it claimed that the number of active participants on the Kratos platform was far lower than the 66 reported by Triterras – estimating a total of 39 once subsidiaries are eliminated.