06.24.2021

About the Listing of XCR

CROSSTECH has been preparing for listing of XCR while in discussions with exchanges.

We had planned for listing by June 2021, but decided it would be best to match the timing of release in parallel with our business development, which we expect to grow significantly.

So far, we have continued important listing discussions with exchanges.

As a result of our examination in adjusting the listing schedule, we determined it more appropriate to adjust the timing when the contract or agreement of a large project or system implementation can be completed. As a result, we came to the conclusion investors, projects, and exchanges can all maximize the benefits of listing.

Updates on CROSSTECH's business

As one of the elements related to maximizing the value of XCR, RMT of crypto asset sales office, which is a Korean alliance partner, is aiming to acquire a crypto asset license in South Korea from the enacted law related to crypto asset exchanges in South Korea.

This law will come into effect in South Korea beginning September, and companies applying for establishing a license acquisition will be examined and licensed.

An alliance partner is a company, organization or individual who adopts CROSSTECH's distributed technology in services and development and promotes the use of our technology while serving as a demonstration experiment.

RMT is a Korean company that has implemented the Xwallet, developed by CROSSTECH, and provides trading of crypto assets, exchange of legal tender and crypto assets, and payment settlement with crypto assets.
RMT website : https://rmt.market

Xwallet will be updated as a wallet adopted by RMT, which is an ISMS (Information Security Management System) compatible cryptocurrency exchange with a Korean regulated license.

ISMS is an international information security management system standard, which is a strict standard adopted by financial institutions and countries around the world, including banks.

After acquiring ISMS, Xwallet made a larger update, and as a self-sustaining decentralized wallet linked with the XCR chain, which is the original chain of XCR, not only storage of cryptographic assets, but also various exchanges, issuance and settlement of trading systems and NFTs, etc. It will be available to businesses.

In addition, several other CROSSTECH alliance partners are proceeding with cases that contribute to maximizing the value of XCR, and the technical value of XCR will soon become apparent to the world.

We are preparing to surprise the world, so please look forward to it.

The postponement period is scheduled to be after September 2021 after the acquisition of the RMT Korean regulatory license. Thus, we will inform you according to the acceptance status of the application.



CROSSTECH Team