New Fintech Village to Be Built in Connecticut

Ideanomics is building a Blockchain hub in West Hartford (Connecticut, the US). The new fintech village will be situated at the soon-to-be-renovated old UConn campus

Fri, 28/09/2018 - 18:20

New Fintech Village to Be Built in Connecticut

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Ideanomics, a US-based technology company, is building a Blockchain hub in West Hartford (Connecticut, the US), according to a recent Hartford Courant report. The new fintech village will be situated at the soon-to-be-renovated old UConn campus (Ideanomics hired New Haven architecture firm to work on this $283 mln project).

The state of Connecticut lent $10 mln to Ideanomics for building this fintech center. The company pledges to create as many as 330 jobs with it. If Ideanomics manages to meet the aforementioned job target, it won’t have to pay back the state’s loan.

About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.