Sterling Investor Information Platform Opens For Blockchain-Based DiMO Token
Sterling Consolidated Establishes Investor Information Platform
Sterling Consolidated Corporation, a company that deals with the production of hydraulic and pneumatic seals for industries and the automotive sector, has published its Investor Information Center website. The firm, which has been existence for close to five decades, is also the proprietor of the blockchain-driven DiMO utility token.
According to Darren DeRosa, the CEO of the Sterling Consolidated Corp., the firm needed a platform through which they can share information regarding their development plans and strategies with their shareholders. Darren added that the company is not an archetypal gasket and seals manufacturers, saying that the firm will deploy an aggressive development approach and establish the sector’s pioneering blockchain virtual currency. The CEO concluded by stating that the new site will serve as a communication platform between the company and its investors.
As per market studies, the pneumatics and hydraulics industry is expected to surpass the $100 billion mark in 2026, way up from the current value of $63 billion. Sterling Corp is confident that it will play a vital role in this projected growth, as per Scott Chichester, the company’s CFO. Scot revealed that the country will soon launce the payment of dividends in DiMO token, as well as the DiMO marketplace that will significant reduces by consumers of their products.
About Sterling Consolidated Corporation
As mentioned earlier, this company deals with the production of automotive and industrial products for the hydraulics and pneumatics sector. Over the years, the firm has built its reputation of manufacturing reliable products, gaining the trust of leading stores such as Amazon and Walmart. Presently, the company has five production facilities, though this figure will increase after the completion of the ongoing acquisition strategy. Furthermore, the Sterling Consolidated has already launched the DiMO cryptocurrency token, and plans to introduce smart contracts to make transactions cheaper, safer and faster.