I just wanted to give an update and an apology on the upcoming CEX listings.
I know I mentioned they were coming, but we’ve had some delays. The delays can be attributed to the following main reasons:
- Lawyers couldn’t agree on a lot of the agreements
- Some CEX’s require a Singapore Legal Advice. While we have a US one, we weren’t aware that we needed a Singapore one and this was sprung on us at the last minute
- We couldn’t agree on a fair listing price. Some exchanges want to charge huge listing fee’s that we thought weren’t equal to the value they provided.
So I must offer my apologies for them being delayed. I’ve learnt that while I want to give the community good news, in future I will be more careful with what I say as there are often events that are outside of my control.
Hope everyone can understand.