Xpoint Verify live with Mojo in New Jersey

Xpoint has announced a partnership with the sports stock market Mojo in the state of New Jersey.
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Xpoint has announced a partnership with the sports stock market Mojo in the state of New Jersey.

Under the terms of the deal, Xpoint’s real-money gaming product, Xpoint Verify, will power Mojo’s geolocation technology services in the Garden State.

Mojo sports stock market gives sports fans “a new way to cash in on their sports knowledge and passion”.

Founded by MLB legend Alex Rodriguez and entrepreneurs Marc Lore, Vinit Bharara, and Bart Stein, Mojo allows fans “to make real money bets on an athlete’s career prospects, with real-time price changes and instant liquidity, meaning users can enter or exit their position at any time, just like a stock”.

“Xpoint has been an integral part of our recent launch in New Jersey,” noted Vinit Bharara, Co-Founder and CEO of Mojo.

“We’re pleased to partner with Xpoint as our geolocation technology provider as we bring our first-of-its-kind sports stock market to fans.”

Embedded within partner platforms, Xpoint Verify supplies geolocation technology to operators to help them meet North American regulatory and compliance standards. It also utilizes location data to help them find their true geolocation investment potential.

The product is also live in New Jersey with the online casino brand PlayStar, and has similar activations with Sporttrade in the US and SkillOnNet in Canada, meeting the geolocation and compliance technology service provider’s goal of growing across North America.

“Being licensed in New Jersey enables us to work with world-class companies like Mojo, and we’re honored to be part of their team as they take their revolutionary product to market,” commented Marvin Sanderson, Xpoint CEO and Co-Founder.

“We’re expecting to see a very busy end to 2022 for our team, and even more so as we look towards 2023 and beyond as we continue to grow and add more partners to the world-class list of companies we’re already working with.”