Partnerships and team members

New York, May 06th, 2019 — Fusion Foundation announced that Switzerland-based Alprockz has selected Fusion’s protocol to accelerate adoption of Alprockz’s Swiss franc-backed stablecoin, RKZ, and to facilitate financial system interoperability.

Alprockz is a consortium of information technology developers and investors that have created the ROCKZ blockchain platform and RKZ stablecoin. By virtue of Fusion’s protocol, individuals who transact with RKZ can exchange value for any tokenized asset on and off the Fusion and ROCKZ blockchains, thus bridging the gap between traditional and digital economies.

Issued last year, RKZ is the first and only legally enforceable cryptocurrency in the world, providing holders with full ownership over the collateralized assets. The RKZ stablecoin is backed by the Swiss franc (CHF) at a ratio of 1:1, with Alprockz storing 90% of reserve funds in CHF bank notes and another 10% in various Swiss banks to ensure RKZ’s liquidity. Issuing stablecoins backed by Swiss Francs is the first step in the Fusion partnership. In the coming months, the RKZ stablecoins will also be pegged to the Euro, US Dollar (USD), Pound Sterling (GBP), Singapore Dollar (SGD) and Yen (JPY).

AlpRockz is partnering with Fusion to expand the use of ROCKZ. AlpRockz will issue a new batch of Swiss franc backed RKZ stablecoins using Fusion’s native create asset API. What’s more, Fusion’s groundbreaking Distributed Control Rights Management (DCRM) functionality, creates a bridge between all RKZ stablecoins and the entire Fusion ecosystem. By integrating RKZ stablecoin with Fusion’s network of digital assets and technology features, users will be able to easily create new financial instruments, including loans and bank deposits or simply use RKZ as a trustworthy payment currency.

“As stablecoins become more mainstream among global banks and central banking authorities, security will remain top of mind,” said Dejun Qian, CEO and Founder of Fusion. “By partnering with Alprockz to extend their secure and fiat-backed stablecoin, we are taking a huge step forward in making the exchange of any type of digitized asset seamless and safe.”

The addition of RKZ stablecoins to the Fusion network will automatically unleash powerful foreign exchange hubs and enable the creation of derivatives. With $12.3B in assets already pledged to Fusion’s revolutionary network, any blockchain and centralized system can be connected, and thus increase adoption of stablecoins for real-world use.

Customers using the RKZ stablecoin for e-payments and asset management undergo an identification process with the same level of scrutiny Swiss banks require. This strict process enables users to conduct transactions with RKZ and enjoy the security of legal enforceability under Swiss law. Individuals can start using RKZ by opening a ROCKZ account, completing the identification process, and then sending Bitcoin, Ethereum or any Fiat currency to the ROCKZ platform. The stablecoin would then be issued in the currency specified and can be easily redeemed via bank transfer.

“Our mission is to bridge the gap between traditional and digital economies with the broad use of the RKZ stablecoins,” said Yassine Ben Hamida, Alprockz Founder and CEO. “As the most forward-looking blockchain developer for global finance, Fusion is the perfect technology partner to demonstrate to the world what is possible in this new digitized economy.”

Alprockz has made additional investments in developing and securing the ROCKZ platform by recently forming cooperation agreements with Swisscom and Wisekey, two companies that are already listed on the Swiss Exchange. In addition, Alprockz is collaborating with three Swiss banks to bring their mission to life. In H2 2019, ROCKZ registered users will be able to use debit cards in order to leverage and contribute to the mainstream adoption of digital assets.

About Alprockz AG

Alprockz AG is the Switzerland-based fintech holding company issuer of the ROCKZ blockchain and the RKZ stablecoin, bringing security and transparency to the cryptocurrency market. Unlike other cryptocurrencies, RKZ is fully backed by one of the strongest and most sustainable fiat currencies in the world, the Swiss Franc. RKZ is the first and only legally enforceable cryptocurrency in the world, providing its holders with full ownership over the collateralized assets. For more information about Alprockz AG, visit www.alprockz.io.

BANKEX, Fusion Foundation to Provide Digital Funding Platform for Small to Medium-Sized Enterprises (SMEs):

New York, May 7th, 2019 — Fusion Foundation and BANKEX, a fintech company developing a tokenization ecosystem, have entered into an agreement to bring a new set of collateralized digital assets to market, initially targeting small to medium-sized enterprises (SME) and commercial lenders.

New York-based BANKEX operates a blockchain platform that supports the digitization of assets, their tokenization, securitization and custody. BANKEX selected Fusion to ease the creation and control of digital assets between public and private blockchains and off-chain financial systems. Furthermore, Fusion’s groundbreaking Distributed Control Rights Management (DCRM) system enables users to create, configure and control assets across blockchains without surrendering private keys, making multi-token digital asset management simple and secure.

“We are excited about combining forces with BANKEX as they are a like-minded technology leader and have already begun digitizing and tokenizing assets using their innovative platform,” said Dejun Qian, CEO and Founder of Fusion Foundation. “Combining their platform with our powerful interoperability capabilities moves us both closer to our goals of ushering in a new era of global finance and banking.”

Fusion and BANKEX will work together to tokenize a variety of collateralized digital assets, starting with commercial loans for small-medium enterprises (SMEs) where there is a $1.2 trillion funding gap[1], and innovative real estate investments, such as mezzanine loans. With newfound transparency and efficiency available through blockchain platforms, both borrowers and lenders will be able to participate in exclusive financing opportunities. In particular, Fusion and BANKEX are collaborating with underserved asset originators to monetize their portfolio of loans, transforming them into a newly investable and accessible digital asset class.

“Combining BANKEX’s asset digitization and securitization platform with Fusion’s unique interoperability protocol enables us to jump-start the deal flow of millions of transactions in SME commercial loans and real estate mezzanine loans as early as this year, providing a much needed new financing option and potential source of capital to thousands of small business owners,” said Igor Kmel, BANKEX founder and CEO.

BANKEX and Fusion are in active discussions with several business owners interested in digitizing their assets, including mezzanine real estate and merchant loans.

About BANKEX

BANKEX is a global financial engineering company building decentralized capital markets infrastructure utilizing both public and private blockchains. This includes digitization of assets, their tokenization, securitization and enabling consequent marketing to private and public investors. BANKEX team is continuously developing a decentralized securitization framework that includes Proof-of-Asset (PoA) Protocol, industry-specific STO Frameworks, Asset Passport, Asset scan, Asset cash flow record system, Dividends Hub, Custody solution (Amazon AWS cloud based). On a mission to provide liquidity and capital market infrastructure to underbanked asset owners BANKEX connects security token issuers and crowdfunding platforms, brokers and institutional investors into a borderless financial market ecosystem, partnering leading blockchain companies, banks, security companies, exchanges, audit companies, ranking agencies and governments. For more, visit www.bankex.com.

New York, May 08th, 2019 — Fusion Foundation announced that it will begin working with United Arab Emirates-based (UAE) blockchain developer, Nvelop Holding, to digitize cross-border assets such as real estate, commodity mining revenues and other alternative investment opportunities. Through this partnership, the two parties are democratizing wealth creation by giving people new ways to access the economy.

Nvelop is a blockchain-focused investment and development firm, founded in partnership with funds from Asia and the Middle East. Nvelop supports and invests in technology focused start-ups that are aiming to solve some of the toughest challenges in the conventional financial ecosystem by leveraging the new efficiencies of blockchain.

The coordination between Nvelop and Fusion is focused on the strategic development of cross-border digital assets, demonstrating the power of investments without physical constraints that blockchain enables. The partners will tokenize assets to create new investment efficiencies, transparency, and ultimately, advance the global reach enabled by blockchain and digital assets.

“We believe that the synergies between Nvelop and Fusion will be pivotal in the growth, development and maturity of the token economy that brings real value to the public,” said Daniel Lilischkies, CEO at Nvelop / Partner, Trill Ventures Group.

Leveraging Fusion’s ability to efficiently digitize assets with an extensive range of attributes and to customize value exchange with unprecedented interoperability, Nvelop can realize new opportunities across traditional industries such as real estate, mining and other alternative investments.

This partnership will connect traditional investments and processes with the new era of digital securities and blockchain-enabled value exchange. Furthermore, Fusion’s interoperable protocol will provide Nvelop with the connectivity necessary to foster a more diverse marketplace that includes digital assets and information.

“Nvelop’s goal is to bring niche asset classes into the digital world, providing both investors and asset owners with reach and efficiency not currently possible in the traditional financial industry,” Said Dejun Qian, Founder and CEO of Fusion. “The collaboration between Nvelop and Fusion empower participation from every industry and every geography in global finance.”

About Nvelop Holding

Nvelop is a UAE based blockchain focused investment and development firm founded in partnership of funds from Asia and the Middle East. Nvelop’s mission is to bridge the innovation gap across the region with specific focus in finance and blockchain. For this purpose, Nvelop supports and invests into technology focused start-ups that are set to solve some of the toughest challenges in the conventional financial ecosystem by leveraging blockchain.