Neighborhood Intelligence Explores Blockchain Assets for Undiscovered Value
Neighborhood Intelligence Inc., which began trading under its new name on Nasdaq with the ticker NXH, is reviewing its investments in blockchain assets tZERO and Medici Ventures. The company believes these assets may be undervalued due to their expanding businesses and market opportunities.
The strategic review will evaluate alternatives such as potential transactions, partnerships, monetizations, public-market structures, and other arrangements designed to give shareholders greater access to the underlying value of these investments.
tZERO represents Neighborhood Intelligence's largest strategic blockchain investment, with the company holding approximately 22.6% of tZERO on a fully diluted basis.
The review does not represent a change in Neighborhood Intelligence's broader strategy, which focuses on reducing the cost and complexity of homeownership through data and technology.