Dover, DE – TF Klockchain Inc. is pleased to announce the successful acquisition of Trading In Passion, operating under the name Klockchain. This significant milestone marks the transfer of all assets, properties, services, websites, and trademarks associated with the Klockchain brand to TF Klockchain Inc. As of today, TF Klockchain Inc. assumes full ownership and control over the Klockchain platform, which is poised to continue its role as a leader in the verified luxury watch trading market.
TF Klockchain’s acquisition represents an exciting new chapter for the brand, as the company embarks on an ambitious path to expand its offerings in the global luxury watch market. The market itself is valued at $20 billion annually, and with demand for authenticated, trackable, and resellable luxury timepieces on the rise, TF Klockchain is strategically positioned to redefine industry standards for trust and technology.
“Klockchain has established itself as a pioneer in luxury watch trading, and we are excited to take the platform to new heights,” said Michael Torino, Director of TF Klockchain Inc. “We remain committed to our vision of enhancing the experience of buying and selling verified luxury watches. By continuing our close partnership with Sotheby’s, we are combining heritage and innovation to elevate the future of the luxury watch industry.”
Sotheby’s, a renowned name in luxury auctions, remains a key strategic partner for TF Klockchain. The collaboration between the two entities is focused on the future of authenticated, blockchain-secured watch trading. While Sotheby’s will continue to play an instrumental role, TF Klockchain will drive the platform’s growth and strategic direction. This partnership is a testament to TF Klockchain’s commitment to ensuring the security and authenticity of luxury watches on the platform.
As part of the acquisition, TF Klockchain plans to unveil an exciting new roadmap for the brand, which will include enhanced features, improved user experiences, and expanded global outreach. The new direction will honor Klockchain’s legacy while introducing innovative blockchain-secured solutions for the watch trading community.
“Over the coming weeks, we will reveal significant updates to the platform, all aimed at enhancing the way luxury watches are traded and authenticated,” Torino added. “Our goal is to provide a secure, transparent, and efficient ecosystem for buyers and sellers alike.”
The luxury watch industry continues to experience rapid growth, driven by consumers’ increasing desire for verified and traceable timepieces. TF Klockchain’s role in this burgeoning market is vital, as it leverages cutting-edge blockchain technology to ensure authenticity and provenance. Blockchain-secured authentication is becoming a gold standard in luxury goods trading, and TF Klockchain is at the forefront of this movement.
In addition to the acquisition, TF Klockchain extends its heartfelt gratitude to the legal teams, advisors, and founding partners who played a crucial role in making this transition seamless. Their continued support will be instrumental in the company’s ongoing success.
As TF Klockchain looks to the future, it is poised to make a lasting impact on the luxury watch industry. The combination of advanced technology, strategic partnerships, and a commitment to excellence positions the company as a leader in the rapidly evolving market of verified, blockchain-secured luxury watch trading.
For more information and to stay updated on future developments, visit www.klockchain.com.
Follow TF Klockchain on Instagram: @klockchain.
TF Klockchain Inc.
1221 College Park Dr, Dover, DE 19904
Email: [email protected] | Phone: (302) 555-0198