SINGAPORE — CDRX was initially scheduled to begin its public Token Generation Event (TGE) on 14 September 2018.

As we have communicated through other social media, we got so caught up with building Crypto Depository Receipts (CDRs) and developing our trading platform that we lost track of the time. Before we knew it, it was almost time to begin the public TGE and we simply had not even formally started taking indications of interest.

The good news is that while we have been slow to make tokens available, development is well ahead of schedule. Our institutional grade platform is already delivering performance significantly ahead of any crypto exchange (and every traditional exchange we can find stats on).

The securitised token market has received a lot of attention lately, and we are at the forefront of these developments. Our goal is to deliver a solution, that will allow people all over the world to own equity in some of the worlds largest companies, narrowing the wealth gap, democratising ownership, and also benefiting the companies you invest in.

There has been considerable interest from issuers and market makers, meaning we expect to be able to provide plentiful liquidity from launch (watch out for announcements). Equally gratifying is the support of private investors who have shown strong interest in both the business and large token purchases.

What’s Next?

We appreciate this may leave some of you feeling unloved, but fear not, this is not the case. We are now working with some very able experts in TGE, so you will see a lot more momentum over the coming weeks.

Public indications of interest will open in around 2 weeks, and we will provide you with further details of our TGE in the coming days after that.

Subject to regulatory approvals, we look forward to launching CDRs on household names such as Apple, Facebook, Nike, Google, Deutsche Telekom, Alibaba and HSBC in early 2019.

Thank you for your continued support and faith in us, we will not let you down.

The CDRX Team

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