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Press Releases

Date Title and Summary
Toggle Summary Seven Stars Cloud Reports Solid Second Quarter Operating Results; Exceeds Full Year 2018 Top Line Revenue Estimates During Q2
- Top line Q2 2018 revenue of $133 Million USD (+207% vs. Q2 2017) - YTD 2018 revenue of $319 Million (+317% vs. YTD 2017) - Exceeds 2018 revenue estimates of $280 Million; delivering continued strong growth over the same period last year; and maintains EBITDA guidance for 2018 - Earnings release
Toggle Summary Seven Stars Cloud Raises $12 Million USD from Advantech Capital II Investment Limited and Restructures GT Dollar Private Placement
NEW YORK , Aug. 10, 2018 /PRNewswire/ --  Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), a leading global technology firm focusing on digital asset production and distribution, today announced that it has successfully raised $12M (USD) from Advantech Capital Investment II
Toggle Summary Seven Stars Cloud Announces the Appointment of Mr. Chao Yang as an Independent Board Member
Former Chairman of China Life Insurance Group and China Life Property & Casualty Company brings deep experience, insight and relationships to the firm as it continues its mission to become the leading fintech and asset digitization service company NEW YORK , Aug.
Toggle Summary Seven Stars Cloud to Announce Second Quarter 2018 Results
NEW YORK , Aug. 6, 2018 /PRNewswire/ --  Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), plans to announce second quarter 2018 financial results in a press release that will be issued on Monday August 13, 2018 prior to the opening of the U.S. market.
Toggle Summary Seven Stars Cloud Raises $26 Million USD from Various Strategic Investors
NEW YORK , July 30, 2018 /PRNewswire/ -- Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), is pleased to announce that the Company has successfully raised $26M from various leading strategic investors. These investors consist of notable parties such as the following: 1. Star
Toggle Summary A Statement from Bruno Wu, Chairman and CEO of Seven Stars Cloud Group, Inc. on the Company's plans to purchase the former University of Connecticut Branch Campus for our Global Headquarters for Technology and Innovation
WEST HARTFORD, Conn., July 20, 2018 /PRNewswire/ -- "Now that the town of West Hartford has declined its right of first refusal to buy the site of the former University of Connecticut branch campus on Asylum Avenue, we are excited to move forward with our plans to purchase the 58-acre site,
Toggle Summary Seven Stars Cloud Partners with Fundamental Interactions to Build Out Velocity Ledger Network Global Operations - Blockchain-enabled Tokenization, Secondary Trading and Settlement of Illiquid Assets
Partnership allows Seven Stars Cloud to quickly and efficiently digitize real-world assets via proven blockchain technology to create new financial markets NEW YORK , July 11, 2018 /PRNewswire/ --  Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), a leading global fintech firm
Toggle Summary Seven Stars Cloud Group Establishing Global Headquarters For Technology And Innovation In Connecticut
Project Expected to Create 330 Jobs in West Hartford at the Former UConn Campus NEW YORK , July 3, 2018 /PRNewswire/ --  Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), a leading global fintech firm focusing on digital asset production and distribution, announced today that it
Toggle Summary Seven Stars Cloud Announces Richard Frankel and Manuel Ron to Oversee Digital Advisory Service Subsidiary, Red Rock Global Capital Ltd.
NEW YORK , June 18, 2018 /PRNewswire/ --  Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), announced today the hiring of Mr. Richard Frankel and Mr. Manuel Ron to oversee the Company's Digital Advisory Services subsidiary, Red Rock Global Capital Ltd.  Mr.
Toggle Summary Seven Stars Cloud Announces Joint Venture with The Centre for Digital Revolution (C4DR)
- The JV will focus on the highest standards of issuance, sales and distribution of digital assets across the U.K. and Mainland Europe - The JV will be headed by Eric Van der Kleij, CEO of the Centre for Digital Revolution (C4DR.com), Honorary Chairman of the UK Government's Global Entrepreneur
Toggle Summary Seven Stars Cloud Updates its Digital Asset Product, Sales and Trading Strategy with '4+4+4' Cloud Matrix
NEW YORK , June 5, 2018 /PRNewswire/ --  Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), today detailed a more streamlined framework and operational model for its product, trading and monetization categories.  As Seven Stars Cloud facilitates the transformation from
Toggle Summary Seven Stars Cloud Announces Federico Tovar as New Chief Financial Officer
- Mr. Tovar brings over 20 years of experience to the CFO role in areas such as financial reporting, strategy, corporate finance, M&A, international tax, and corporate development, with a focus on high-growth technology businesses - Mr. Tovar will be based out of SSC's NYC office NEW YORK , June 1,
Toggle Summary Seven Stars Cloud Provides Update on Launch of Digital Oil Asset Index ("DOAI")
NEW YORK , May 23, 2018 /PRNewswire/ --  Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), announced today that private and pre-sales of its Digital Oil Asset Index ("DOAI") tokens in the Greater China Region, which were created through super intelligent dynamic ontology
Toggle Summary Seven Stars Cloud Reports Q1 2018 Results
- Q1 2018 revenue of $186 million (+461% vs. Q1 2017 and compared to $144 million for Full Year 2017) - Earnings Release Conference Call to be held Tuesday May 15, 2018 at 4:05 p.m. ET NEW YORK , May 15, 2018 /PRNewswire/ -- Seven Stars Cloud Group, Inc.
Toggle Summary Seven Stars Cloud Updates Q1 Earnings Conference Call Time to 4:05 pm on Tuesday, May 15
NEW YORK , May 14, 2018 /PRNewswire/ --  Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), announced today that it will now host its Q1 2018 earnings conference call at the updated time of 4:05 p.m. on Tuesday, May 15, 2018 , U.S. Eastern Time ( 4:05 a.m.
Toggle Summary Seven Stars Cloud Announces New U.S. Headquarters in NYC's Financial District
NEW YORK , May 9, 2018 /PRNewswire/ -- Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), announced today that as part of its overall growth strategy and intentions to expand and strengthen its US-based management team, the Company has signed a lease for new corporate offices at
Toggle Summary Seven Stars Cloud to Report Q1 2018 Results and Host Earnings Call Tuesday, May 15
NEW YORK , May 2, 2018 /PRNewswire/ --  Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), announced today that it will report for first quarter 2018 financial results on May 15, 2018 . SSC's management, including Bruno Wu (Executive Chairman & CEO), Bob Benya (President,
Toggle Summary Seven Stars Cloud Appoints M. Chad Arroyo as Chief Marketing Officer
- Mr. Arroyo, who will be based in the US, brings years of startup leadership, technology strategy execution, project management and alternative trading products, to the CMO role. NEW YORK , April 24, 2018 /PRNewswire/ -- Seven Stars Cloud Group, Inc.
Toggle Summary Seven Stars Cloud Announces Distribution Agreement with GT Dollar
- The distribution agreement will broaden the marketing reach for SSC's digital index products NEW YORK , April 17, 2018 /PRNewswire/ -- Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), announced today a digital asset distribution agreement with GT Dollar Pte. Ltd.
Toggle Summary Seven Stars Cloud Announces Listing Agreement with New Singapore-Based Blockchain Digital Asset Exchange, Bitlim
-- The listing agreements will broaden the reach for listing, quotation, trading and settlement, for SSC's digital index products NEW YORK , April 16, 2018 /PRNewswire/ --  Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), announced today a new digital asset listing and service
Toggle Summary Seven Stars Cloud Announces Search for US-Based CFO to Help Usher in the Company's Next Phase of Growth
- The Company has appointed Finance Director Jason Wu as Interim CFO after former CFO Simon Wang resigned effective April 6 - The Company has engaged an executive recruiting firm to help lead the active CFO search process NEW YORK , April 12, 2018 /PRNewswire/ --  Seven Stars Cloud Group, Inc.
Toggle Summary Seven Stars Cloud President & Chief Revenue Officer Robert Benya to Participate in a Panel Discussion at Stanford University Entitled: A New Era of Economy Powered by Blockchain
NEW YORK , April 5, 2018 /PRNewswire/ -- Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), announced today that SSC's President & Chief Revenue Officer Robert G. Benya , and John F. Wallace , Former Chief Executive Officer of NASDAQ OMX Group and Executive Chairman of SSC's
Toggle Summary Seven Stars Cloud Reports Full Year 2017 Financial Results
- Full Year 2017 revenue of $144 Million (+310% vs. Restated FY 2016 and +3106% vs. Original FY 2016) - SSC is poised for strong revenue growth and positive EBITDA in 2018 - SSC estimates that in Fiscal Year 2018, the Company will generate $280 million in revenue and $35 million in EBITDA -
Toggle Summary Recent Developments and Advancements for Blockchain Technology Across Various Industries and Crypto Markets
PALM BEACH, Florida , March 27, 2018 /PRNewswire/ -- MarketNewsUpdates.com News Commentary   As the cryptocurrency mining industry continues to heat up, leaders in the space are leveraging advanced blockchain technologies to differentiate themselves from the rest of the sector.
Toggle Summary Seven Stars Cloud Launches First Super Intelligence Produced Utility Token for Crude Oil Index
NEW YORK , March 26, 2018 /PRNewswire/ --  Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), today announced the world's first Digital Asset Issuance and Trading Platform which will be launched by a selected team of financial technology companies including Seven Stars Cloud