MultiCorp International Inc (MCIC)

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Multicorp International, Inc.Press Release | 03/11/2025

AGOURA HILLS, CALIFORNIA, March 11, 2025 (GLOBE NEWSWIRE) -- Multicorp International, Inc. (OTC Markets PINK: MCIC) and 40 Brightwater LLC are pleased to announce that an initial $500,000,000 (five hundred  million USD) of Global X Cryptocurrency Stablecoin Tokens  (GBP Pegged)  has been pledged from Sovereign Global Capital Management PTY Limited  to Multicorp International, Inc. as a guarantee for the $50,000,000 (fifty million USD) loan from Edwards Capital N.A. LLC's correspondent bank.

Additional Global X Cryptocurrency Stablecoin Tokens (GBP Pegged) transactions will be completed under 40 Brightwater LLC’s leveraged buy-out pledge structure immediately after the initial $50,000,000 (fifty million USD) collateralized loan closes upon Edwards Capital N.A. LLC's correspondent bank's imminent receipt of the balance of the agreed upon collateral.

Sovereign Global Capital Management Pty Limited commitment to this transaction underscores its confidence in the long-term viability of Global X Cryptocurrency Stablecoin Tokens and its strategic alignment with Multicorp International, Inc.’s ambitious expansion initiatives. By pledging $500,000,000 in GBP-pegged digital assets, GPSC reinforces its position as a forward-thinking investment firm dedicated to leveraging innovative financial instruments to create value and enhance market liquidity. This collaboration is expected to open new pathways for financial growth, fostering increased institutional adoption of cryptocurrency-backed financing solutions.

About Multicorp International, Inc.:

(https://multicorpinternational.com/)