We have received positive support for the changes Hedge is undergoing. We thank the community and HDG backers for this positive outlook.

Last week FINMA (the Swiss Financial Regulator) released ICO compliance guidelines. In proactive anticipation, the Executive team and legal counsel have included a decision to meet the regulatory guidelines. So in tandem with the rebranding process, the HDG Token will be frozen on exchanges on Thursday, February 22th at 12:00 CET. This will protect token holders from adverse swings in prices and allow a sufficient withdrawal period from exchange to ERC20 compatible wallets (i.e. Mist, Myetherwallet, Metamask, Mycrypto.com). The New Token will be distributed in the form of an airdrop once the trading platform will be live in April 2018, to protect the interests of all stakeholders while factoring in regulatory changes. All rightful beneficiaries will have an indefinite redemption option to retrieve their New Tokens, should they experience any technical difficulties during the freeze or the airdrop.

Full compliance of our existing and future products (Indices, Rulebooks, CTIs, Trading Platform, Listed Products, and Tokens) remains our competitive advantage, therefore, we will continue to follow all up-to-date guidelines and future changes in regulatory requirements. It has been so from the beginning and it will remain so in the future.

How to Ensure you Get New Tokens

In order to make this a hassle-free process we advise token holders to move their HDG tokens to any ERC20 compatible wallet where they have the access to their private keys. Do not, under any circumstances share your private keys with third parties or Hedge imposters. We will never ask you for your private keys or to transfer HDG to us. Please do not hold HDG tokens on any exchange addresses. Nevertheless, we are cooperating with exchanges and will ensure 100% fair distribution of New Tokens in the unlikely event of technical issues or mistakes with transfers.

New Brand and Product Unveiling

The Hedge team is truly excited to share with the community a more in-depth product overview of what we were building for the past 4 months and expect to launch already in two months. This will be delivered even before the end of the Q2 2018 milestone we had set out to achieve. Hard work and the goal of changing the old traditional financial world moves milestones.

The platform will offer never experienced transaction throughput, unmeasured security features and a simple to use yet elegant swiss touch and layout. The product offering will cater for all individual and institutional needs and will be centered around the user-experience.

The unveiling of the new brand will take place on the 22st February 2018, be sure to be the first to experience the future of crypto trading.

Follow our social media channels for the new brand update and personal letter from our CEO on Thursday, February 22nd.