EXcoin is listed on the US stock market OTCBB through merger and acquisition. It is effective when the market opens on July 8, 2020 GMT-5. The temporary stock will be CRGED for the first 20 working days as it indicates newly listed stocks, and then after 20 working day, it will be changed to XLTD as the official stock symbol. For stock verification, please log on to the official stock market otcmarkets.com, and enter "EXcoin" in the search bar to see the stock information.
OTCBB is a stock trading system managed by Nasdaq. EXcoin chooses M&A as the best way to list on the main board of Nasdaq. Famous companies such as Microsoft Corporation and Cisco Sistems (Lnc) used the same way to be listed on OTCBB first, and after a period of accumulation and expansion, they transferred to the mainboard market.
The US Securities and Exchange Commission (SEC) stipulates that gifted individual shares are restricted stocks. In order to meet the listing requirements of the Nasdaq Main Board, trading may not be released until 1 year later.
EXcoin issued USDE as a payment token and equity certificate to further break through financial barriers and provide liquidity for financial derivatives. This time, EXcoin was successfully listed on the US stock market by its virtue of excellent performance, and was called "the first stock of the blockchain derivatives platform" by the industry. EXcoin has developed complete ecosystems such as securities, foreign exchange, futures systems, settlement and clearing systems, risk control systems, market systems, quantitative trading systems, user CRM systems, and social systems. The platform turnover has reached hundreds of billions of dollars. EXcoin plans to transfer to the NASDAQ mainboard in 1-2 years.
EXcoin has the final interpretation of this announcement