Dear Customers, Partners, Shareholders.
in accordance with the earlier announcement, we would like to inform you that the process of changing the technological partner in the IT area has been completed. The entire process of network maintenance service transfer was carried out without problems and delays. Thus, this stage of work has been completed.
At the same time, the selection and verification of the operational partner was commenced, which will support the formal and legal process of preparing and verifying the documentation necessary to submit the Yellow Gold Company application to the registration authorities of the 1x.exchange exchange in Singapore.
The 1X Ethereum Security Token Platform was founded by Capbridge (Singapore's stock exchange offering shares on the primary market). Capbridge is regulated by the Monetary Authority of Singapore, the country's de facto central bank and is licensed for capital markets services. Capbridge also has a Recognized Market Operator (RMO) license for 1X.
We will inform about the next steps bringing the product to the stock market in the further announcements.