ZHUHAI, China, Feb. 21,
2023 /PRNewswire/ -- Powerbridge Technologies Co.,
Ltd. (Nasdaq: PBTS) ("Powerbridge" or the "Company"), a provider of
multi-industry technology solutions, is pleased to announce the
launch of its decentralized cryptocurrency ETF
platform ("Powerbridge ETF Platform" or the "Platform") based on
the cutting-edge Web 3.0 technology.
Powerbridge ETF Platform provides a decentralized and
transparent network based on Web 3.0 technology. The Platform
utilizes big data analysis to select cryptocurrency
index funds, reducing human bias and empowering users to manage
their own assets and data without the need for third-party
intermediaries. The Platform generates index fund products based on
trading strategies and preferences of majority traders across a
variety of cryptocurrencies. This allows users to take
advantage of market trends and opportunities with a secure and
convenient way to trade and manage crypto assets.
Stewart Lor, CEO of Powerbridge
Technologies commented: "We are excited with the launch of
Powerbridge ETF Platform for cryptocurrencies. I believe our
platform offers users a better way to trade and manage their
crypto assets. We are continuing working with a
network of partners to bring our Platform to market. I expect our
Platform will contribute to our overall growth."
About Powerbridge Technologies
Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) is a leading
provider of multi-industry technology solutions. The Company offers
software and platform applications, IoT platform services and
intelligent devices, supply chain platforms and interactive media
services, metaverse and digital services, and cryptomining platform
services and cryptocurrency asset operations.
Safe Harbor Statement
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
"may", "will", "intend," "should," "believe," "expect,"
"anticipate," "project," "estimate" or similar expressions that do
not relate solely to historical matters, it is making
forward-looking statements; specifically, the Company's statements
regarding listing on the NASDAQ Capital Market and the IPO are
forward-looking statements. Forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company's expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the Company's goals and strategies; the Company's future
business development; product and service demand and acceptance;
changes in technology; economic conditions; reputation and brand;
the impact of competition and pricing; government regulations;
fluctuations in general economic and business conditions in
China and assumptions underlying
or related to any of the foregoing and other risks contained in
reports filed by the Company with the SEC. For these reasons, among
others, investors are cautioned not to place undue reliance upon
any forward-looking statements in this press release. Additional
factors are discussed in the Company's filings with the SEC, which
are available for review at www.sec.gov. The Company undertakes no
obligation to publicly revise these forward-looking statements to
reflect events or circumstances that arise after the date
hereof.
For more information, please
contact:
Corporate Investor Relations
Powerbridge Technologies Co., Ltd.
Email: ir@powerbridge.com
Website: www.powerbridge.com/ir/
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SOURCE Powerbridge Technologies Co., Ltd.