An O’Donnell native and Texas Tech alumni recently completed a $12.25 billion business deal, according to a news release.
John B. Billingsley, Chairman and CEO of holding company JBB Advanced Technologies, reached an agreement with Christina Marshall, attorney and business investor with Tronic Ventures, to sell “100 percent of its subsidiary digital marketing innovator Tronic.”
Tronic develops technology that improves accessibility and usability of Web3 gamification by building online interactive scenarios. That includes scenarios such as “secure enrollment, event verification, game design settings, secure virtual wallets for reward tokens, reward controls, and real-time analytics.” Tronic does this by using artificial intelligence optimization, ledger technology and blockchain technology.
“Tronic’s platform leverages the emergence of Web3, changing how internet users engage with information by offering completely immersive experiences,” said Billingsley, whose company acquired Tronic in late 2022 from fellow Texas Tech alumni Travis McElroy. “Given my experience with Christina, I am very confident that she has the technological understanding, the market vision, and business acumen to build Tronic into a multi-billion-dollar business.”
Billingsley is also the founder of Tri-Global Energy, a renewable energy developer that has built 10 wind farms within 90 miles of Lubbock.
