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According to filings deal was suppose to be done 6 months ago... Did they shut the doors...
Yep me too... SS to low to get out now..
All coming together..
lol figures poor guy lost money...
No problem.. All things are coming together quickly. Get ready for a big announcement in the coming weeks imo (: . Everyone read the article and see who they hired.. So many clues..
Lars Schlichting is a key asset
ARAX is advancing its strategy to invest in world-leading decentralized Infrastructure software and tech, acquiring established, mission-critical platforms.
USA, May 11, 2023/EINPresswire.com/?—?With this acquisition, ARAX is advancing its strategy to invest in world-leading decentralized Infrastructure software and technology, acquiring established, mission-critical platforms.
Cilandro SA is registered with So-Fit, a Self-Regulated Swiss Body which supervises transacting processes for combating money laundering and any form of terrorist funding. Through its Registration at So-Fit, Cilandro can act as a financial intermediary and execute transactions on behalf of third parties, including exchanging digital assets with other digital assets. Cilandro will be one of the licensing bodies of Ping Exchange, which will release its alpha version digital asset trading platform in the coming weeks
The acquisition of Cilandro SA perfectly aligns with our strategic vision of investing in world-leading decentralized Infrastructure software and technology, stated Michael Loubser, CEO of ARAX Holdings Corp.
He further added,
The acquired expertise of Lars Schlichting in regulatory compliance, residing in Cilandro and its trusted position as a financial intermediary makes it an ideal addition to our portfolio. We are excited about the potential synergies this acquisition brings and the value it will deliver to our clients and stakeholders.
In today’s fast-paced digital economy, regulatory compliance requirements undergo continuous changes driven by the dynamic nature of the digital landscape. This evolution is one of the key drivers of ARAX’s investment called RegTech in the regulatory technology industry, which aims to streamline compliance processes and make it available to third parties as well as deploy it within ARAX’s use case platforms.
As technology-enabled innovation continues to advance, there is a growing need for effective management platforms that can navigate the complex world of regulation, compliance, risk management, reporting, and supervision. ARAX recognizes this need and is investing in a comprehensive framework that spans multiple dimensions.
The framework begins with a digital identity attribute management platform and encompasses general regulations and technology. ARAX addresses various regulations, not limited to financial, but also data management platforms. This includes the implementation of a data settlement system for self-regulation and third-party integrations. To support these initiatives, ARAX leverages technologies such as artificial intelligence, DLT, blockchain, smart contracts, including programmable regulation, and an API connector platform. These technologies facilitate connections with both blockchain-based and centralized cloud and financial institutional platforms, forming the core of the ARAX RegTech Ecosystem transaction facilitation.
Central to this framework is the role of data. By enabling data ecosystems and promoting data sharing through the CorePass gateway, CorePass is the world’s first real decentralized compliant blockchain-based digital identity with verifiable KYC, AML, etc, where all participants and users in the market can unlock additional value as well as staying in control of their own data specifically in adding digital attributes to the ARAX secure digital attribute management platform.
The framework is integratable with automation and machine-readable regulations, which will empower regulators and compliance officers to extract data directly from the banks’ systems and combine it with information obtained from customers or external sources, an ideal solution for stablecoin or tokens platforms assisting projects to remain compliant within a regulatory environment, a world first blockchain-based software solution in the stablecoin industry.
Such integration will give rise to a multitude of applications for regulated entities, covering compliance, monitoring, risk management, reporting, and operations. Likewise, authorities can leverage RegTech solutions to establish policies, carry out authorization, supervision, as well as ongoing monitoring and control purposes.
The adoption of this multidimensional framework offers various benefits to stakeholders. These include higher efficiency, effectiveness, accuracy, and transparency, as well as reduced compliance costs.
In summary, ARAX is actively working towards streamlining regulatory compliance in the digital economy. By integrating advanced technologies, data-driven approaches, and a comprehensive ecosystem, ARAX aims to enhance efficiency, transparency, and effectiveness while managing the associated risks.
Amazing....
This is so important to get..
On May 4, 2023 (the “Effective Date”), the Company and Cilandro SA, (Cilandro) entered into a Sales Purchase agreement, to acquire 100% of the share capital of Cilandro in a share swap transaction representing all the assets, licenses , and intellectual property of.
The completion of the sale must be reported and approved by SOFIT a self-regulatory AML (Anti Money Laundering) regulatory body authorized by FINMA (Swiss Financial Market Supervisory Authority) in Switzerland. The seller will remain as a Director of Cilandro and have operational oversight on an ongoing basis. The Company shall commit to providing Directors and Officers insurance for Cilandro.
This is the icing on the cake.
https://www.finma.ch/en/finma/finma-an-overview/
I grabbed some 1.00. MM's look like their done fkn with it..
Very exciting times...
Happy Birthday Coreblockchain... I know the guy in the middle James Hansen. He has 70 machines has mined over 1.2 mill XCB..
Lunaº Mesh Modular Stacked PCB Sets are currently being produced, bringing reality to Core's philosophy of "Connectivity Should Be a Human Right."💫 pic.twitter.com/Azaxfjp3ft
— CoDeTech (@CoDeTechCC) May 5, 2023
lol sum noob sold me .012
you are 100% correct...
Yes heard they have a some big investors coming in.. Lock them up for 1 year... Some guy Realistic posted it... Float still tiny 2.3 mill
Share Structure
Market Cap Market Cap
109,444,122
04/28/2023
Authorized Shares
950,000,000
04/24/2023
Outstanding Shares
109,444,122
04/24/2023
Restricted
107,144,122
04/24/2023
Unrestricted
2,300,000
04/24/2023
updated finally
Business Description
In Q1 of FY2022/2023 the Company decided to pursue business opportunities in the TechFin, Blockchain, Digital Asset Management, and Blockchain based Software Solutions sectors. This will be further discussed in upcoming reports.
Shorter MM ASCM gone after take down.... Going up I'm on the bid....
$ARAT 8k hit huge merger completed.2.3 mill float. https://www.otcmarkets.com/filing/conv_pdf?id=16583419&guid=pem-kHjxlIpnJth
$ARAT 8k hit huge merger completed.2.3 mill float. https://www.otcmarkets.com/filing/conv_pdf?id=16583419&guid=pem-kHjxlIpnJth
Now everyone will see it.. The press release they put out today on medium is for Europe and Asia... Should be interesting tomorrow.
super day so far...
Nice find. That is so big most investors will wish they bought here...
welcome back. I added .012 and .015's... Very cheap.. This will run soon..
Not yet.. I still have a 25 mill bid at .0002...
Hmm Did not know that.. Just researched Pishyar family which is worth 750 million...
30 mill dumped you say... Then who is buying the 30 mill
way to take out them 1.00's (:
Found a new chat board for ARAT XCB CTN https://discord.gg/4DaQ4KAV
They will run it soon.. They all do.
MM ALPS is gone dilution over for now
What's going on here.. Lowest triple zero SS stock out their. Looks like some dilution is almost over..
When Corepass and Ping exchange launch soon noone will get $ARAT below 1.00. If you haven't bought any stock yet you will pay a much higher price.. Mine yourself some XCB ... From what i hear it will be 1.00 to 5.00 on launch. Mine it yourself or buy a nft orb from them to mine XCB and CTN.. Make the coins at 9 cents...
News..Corepass launch april $ARAT $XCB $CTN finally..
https://medium.com/@corepasscc/the-roadmap-to-release-8115e4af0c09
Hope you guys are loaded and patience.. Getting close to launch. I'm making 400 XCB per day.. https://blockindex.net .... https://catchthatrabbit.com
DUMB & DUMBER lol.... Yep
The company stock has hit it's 3 yr low. Hope it rebounds quickly before it hits .005.. The bad thing is they are losing market makers...
$ARAT $XCB $CTN
??What is Payto Money?
??For Businesses:
Using Payto Money, any online service or application can receive payment orders after its integration without any 3rd Parties. It's fast, effective, and supports a wide range of payments, including ICAN, IBAN, BIC, UPI, CASH, and CRYPTO.
??For Individuals:
Once your favorite platform adopts the Payto protocol, it will save you time and money on fees. Young customers will be interested in crypto payments via established networks, such as BTC, ETH, and XCB! Others can look forward to IBAN transfers.
The first use case where you will be able to try Payto Money by sending XCB and CTN is CorePass!
$ARAT $XCB $CTN >>A key tool added for payment.... This is getting exciting.. Launch soon..
https://payto.money/