Long Blockchain Corp. announced that it has executed an agreement for a joint venture with EHCo LLC to scale Entrex's industry leading blockchain-enabled alternative trading market. The Joint Venture will provide a blockchain-enabled alternative trading platform for international and domestic investors to find, research, track, manage, trade, settle and service various asset classes.

The Joint Venture will be led by Stephen H. Watkins, who has founded multiple businesses that use technology to consolidate decentralized business sectors. To further develop the relationship between Entrex and the Company, Mr. Watkins has also agreed to be appointed to Long Blockchain's Board of Directors. Andy Shape, the Chief Executive Officer and a director of Long Blockchain, will serve as a manager of the Joint Venture, along with Mr. Watkins and a third, independent manager to be mutually designated by Entrex and Long Blockchain.