Ideanomics Closes on $5.2 Million Purchase Of Former UConn Campus In West Hartford

Ideanomics, formerly Seven Stars Cloud Group, closed the deal on its $5.2 million purchase of the 58-acre former UConn campus, the company announced Wednesday. The company plans to invest $283 million to develop fintech solutions through artificial intelligence and blockchain, and create 330 jobs. Ideanomics purchased the former UConn parcel for $5.2 million. Ideanomics, when it was known as Seven Stars Cloud Group, announced the purchase during a press conference at the Capitol in July. Ideanomics hired Newman Architects, which renovated Hall and Conard high schools, to plan and design Fintech Village. Ideanomics said it will work closely with West Hartford officials so that the design and build-out of the property “is sensitive to the surrounding community and the environment.”

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