FAB DEX eXchangily approved for US pension plan investment
As lots of negative news on centralized cryptocurrency exchanges have emerged in an endless stream, the case for decentralized exchanges is getting stronger.
eXchangily, the first truly decentralized high performance exchange with cross-chain capability, is currenlty in development on the public Fast Access Blockchain (FAB). The STO of eXchangily has been successfully registered with SEC in 2018 and has recently obtained the US pension plan investment qualification.
The US pension plan investment fund is currently accounts for about 30% of the total investment in the United States. It is regulated by the IRS and the Labor Department and enjoys unique tax benefits. Its funding sources include IRA, Roth IRA, 401K, 403B, SEP and many others. eXchangily’s STO (EXG) is one of the very few cryptocurrencies that qualified for the US pension plan investment after Bitcoin.
EXG’s qualification for pension plan investment is not only an important milestone for eXchangily’s US legal compliance, but also for the cryptocurrency investment in mainstream financial industry. It sets a new trend for cryptocurrency to enter the mainstream investment fund portfolio.
As a third generation public blockchain, FAB supports enterprise grade decentralized applications from various industries. FAB will provide comprehensive services for project planning, legality compliance, technical support, token issue, and listing on the decentralized exchange.
An eXchangily technology seminar will be hosted by the Canadian Chain-Times Blockchain Association in Toronto this Saturday afternoon (Feb. 16th, 2019) and will be broadcast live on Youtube and Facebook channels. Refreshment will be provided. Investors are welcome.
