The true bottom line here is LCLP is just a vehicle for Belfrics to speed up the process in getting access to the US capital market.
Spain is another large market that is strategic in their plans. There will be more news next month I would think as they have meetings planned in other countries as well.
With all the compliance issues with the worlds largest exchanges this is Belfrics time to strike and strike fast. Belriym blockchain is KYC compliant, has multiple use cases and is targeting governmental markets, its being adopted by governments already. Thing is alot of the middle eastern countries still rely on paper copies of private information, belrium is a safe secure and compliant way to bring instant access to stored information.
Regional Exchanges are a bonus but I'm thinking way bigger. Governments and banks around the globe have been trying to find secure ways to enter the crypto market so it can be more regulated and less dangerous for investors, Belrium brings that advantage.
Longterm i see mass adoption of Belrium blockchain based exchanges, data banks and belfrics digital bank coming once its fully adopted.
Near term exchanges will see a large increase in volume due to regulatory compliance issues from large exchanges boosting revenues dramatically.
With all the series C stock being issued through belfrics milestone reaches laid out in the deal, which is voting rights if I'm not mistaken. I see Praveen taking over as CEO of LCLP and it becoming BELF.
Thats my take on what will play out
