MIAMI, May 31, 2017 (GLOBE NEWSWIRE) -- Jade Global Holdings, Inc. (OTCQB:JADG), a company dedicated to establishing a global platform for the promotion, sale and trading of jade collectibles and jade jewelry, announced today it has closed its most recent round of funding, led by several top Chinese jade collectors and entrepreneurs. The Company is developing multiple avenues for buying and selling jade products, and hopes to launch its eCommerce website in the second half of 2017.
Jade Global Holdings is making jade more accessible to all people globally. Until the Company’s entry into the global jade trade, there has been no centralized market for the trading of jade and jade products. Jade Global Holdings plans to grow into a vertically integrated global company that will comprise international mining operations, jewelry design and manufacturing, retail operations, wholesale trade, global depository and an online trading platform.
“As a longtime admirer of collectible jade products, I am amazed by the opaqueness of the current state of the market, especially in light of how much jade is traded globally,” said Scott Silverman, Chief Financial Officer of Jade Global Holdings. “Traditionally, there has been no way to purchase a variety of high quality jade products unless one traveled to Asia or other locales where a concentration of jade products are sold. Even then, transactions were fraught with risk of fraud, especially to uneducated consumers. Jade Global Holdings intends to bring more transparency to this global market by launching multiple platforms that allow for the purchase, sale and trade of verified and appraised high quality jade products. We are excited to close on this round of funding so we can begin to execute our business plan.”
The funding will be used to expand commercial operations and begin to build out the Company’s various jade trading platforms.
About Jade Global Holdings
Jade Global Holdings, Inc was formed in March 2011 to engage in the wholesale and retail trade of jade and jade products through retail stores and online trading platforms. For more information, please visit our website at www.jadeglobalholdings.com.
