Vemanti Group Inc (VMNT)

[budfoxfun]

With a target regional market of over 640 million people and 2.6 trillion in GDP to start, we expect TrustDex alone to have tremendous financial achievements this year. And with an experienced blockchain engineering team already on-board, we’ll also be able to help accelerate TrustPay’s product launch roadmap for their digital banking platform," stated Tan Tran, CEO of Vemanti Group.

"We’re excited to welcome Vemanti into TrustPay," explains Eric Vuong, Chairman and CEO for TrustPay. "We don’t take on a new investor unless we feel that they also bring a positive impact to our business. Just in a few months of working together, we have come to greatly appreciate the astute approach to business by Vemanti. They are the right investor and partner for the next phase of our growth. The global opportunity within the blockchain-based financial sector broadly has far more potential than we can practically execute ourselves. With Vemanti, we now have the partnership we want and need to scale."

As part of the agreement, the Company will execute an equity exchange for 19.6% percent interest in TrustPay initially with options to increase its stake later. Once finalized, details of the transaction will be included the Company’s filings.

VMNT