SRAX Inc. (NASDAQ: SRAX) Revenues Leap after Growth of Consumer Data-Management Platform BIGtoken

August 22, 2019 10:09:21
  • SRAX revenues grew 53 percent sequentially for Q2 2019
  • The company changed its name as part of its new business strategy
  • SRAX has partnered with Yash Birla Group, one of India’s largest conglomerates, to launch BIGtoken in India

Today, consumers are becoming more aware of the value of their data. They expect to keep data private and to get compensated for releasing their data. As a result, big social media platforms are experiencing significant consumer backlash. Moreover, privacy laws at both the state and federal levels are beginning to impact the way that marketers can reach consumers. These laws are putting the value and control of data back into the hands of the consumer.

SRAX Inc. (NASDAQ: SRAX) offers a platform called that allows consumers to own and monetize their data. SRAX claims to be building what will be the most valuable opted-in data set in…

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