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Milestones Glass

Global Liquidity And Settlement System

GLASS will be the shared compliance and settlement infrastructure of member exchanges. The network will route digital securities transactions from exchanges to licensed broker dealers in jurisdictions where their clients are resident for settlement. As a result, member exchanges can facilitate legal transactions in all jurisdictions while minimizing their compliance costs.

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GLASS
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Milestones

1
Q4 2017

ATS license update for over the counter security token trading.

Initial offering of security tokens for Finom to accredited investors.

2
Q1 2018

Digital Asset Group formed.

SharesPost Singapore and Dubai license application in process.

Internal development of security token marketplace and GLASS smart contracts.

3
Q2 2018

Internal development of GLASS token.

Internal development of network protocol and blockchain.

Internal development of Settlement Network smart contracts.

4
Q3 2018

Release of GLASS token for use on Settlement Network and SharesPost Marketplace.

Initial Trade Referrers on boarded to Settlement Network

Beta launch of Settlement Network with SharesPost entities serving as Settlement Provider in U.S., Singapore, and Dubai.

Beta launch of SharesPost Marketplace.

5
Q4 2018

Full launch of Settlement Network and SharesPost Marketplace.

Begin on boarding additional Settlement Providers and Trade Referrers to network on rolling basis.

6
Q1 2019

Pilot launch of GLASS Liquidity Pool with 2-3 exchanges.

7
Q2 2019

Full launch of GLASS Liquidity Pool.

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