Ann: Money Transmitter Services Secured for AirPocket, page-3

Money Transmitter Services Secured for AirPocket – Accelerates Path to Market

• digitalBTC has signed an agreement with U.S. based payments company, CoinX to provide money transmitter services to its AirPocket product in the U.S.
• Agreement validates the AirPocket product and significantly accelerates the development and commercialisation of the product
• Leverages an already established and licensed banking relationship to reduce AirPocket’s path to market by two years
• CoinX is an established fintech company with access to licenses in 40 U.S. States, enabling AirPocket to remit funds widely
• Agreement covers all AirPocket’s banking transfers within the U.S., a key requirement ahead of a public beta launch
• The Company is also seeking additional banking partners within Latin America and the Caribbean