Stox

Company Overview

Snapshot

Founded in May 2015 by Ophir Gertner and Moshe Hogeg, Stox operated with 1–10 employees. The company ceased operations in March 2023.

Business overview

Stox developed an open-source, Ethereum-based market prediction platform. Leveraging the wisdom of the crowd, the platform enabled users to trade on the outcomes of various events across categories such as finance, sports, politics, and weather. Operating within the Fintech & Insurtech sector, Stox served global markets with its blockchain-based web and mobile applications.

Strategic signal

Stox ceased operations in March 2023, indicating a complete halt to its business activities. This development signals to investors and innovation teams the inherent risks and challenges associated with ventures in the blockchain prediction market space, particularly concerning sustainability and market adoption.

Company Intelligence Q&A

What is Stox's operational status?

Stox is currently non-active, having ceased operations in March 2023.

What was Stox's core business?

Stox developed an open-source, Ethereum-based platform for market predictions, allowing users to trade on event outcomes in areas like finance, sports, and politics.

Did Stox engage in any strategic partnerships?

In March 2018, Stox joined forces with Zap to revolutionize its prediction market platform. Additionally, in February 2018, Stox announced a partnership with FintruX.

What was the nature of the legal issues involving a Stox investor?

In May 2019, a Stox investor dropped a fraud lawsuit against crypto entrepreneur Moshe Hogeg. This followed news in January 2019 that Moshe Hogeg was being sued for NIS 17 million over an alleged sting.

When was Stox founded and by whom?

Stox was founded in May 2015 by Ophir Gertner and Moshe Hogeg.