Ideanomics is what I like to call a company of the future. At its core, it is a fintech business that hopes to transform industries through blockchain, AI and other smart solutions. It has two basic businesses: a financial services ecosystem and an eco-friendly transport-services division.

Both segments should work together cohesively to help the company play a key role in the mass adoption of electric cars. Given investors’ optimism towards companies in the EV space, IDEX stock has a potential for growth.

Adding the Biden administration’s push towards green energy. The government’s plans to invest billions of dollars in EVs and spearhead the growth of the technology bodes well for Ideanomics.

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