We have entered into a memorandum of understanding (MOU) with the Jamaican Stock Exchange to build a jointly owned digital asset exchange. We anticipate a beta launch during the month of October. Our trip to Jamaica during the month of July was obviously very fruitful. Below is pictorial of events.
An early breakfast meeting with the upper management of the Jamaican Stock Exchange at the Pegasus Hotel in Kingston, Jamaica. As time progresses, many of our partners and clients will be able to attest that I bring my children with me to many if not most of my business meetings. They are literally active members of the business. Masiah (big grin, yellow tie) has dealt with many via client interactions and assists in analyzing and strategizing deals.
Next, we visited the central bank of Jamaica (the Bank of Jamaica) for their blessings and to explain the proposed offering in detial and take any questions they may have.
A quick stop by the Jamaican securities depository.
We then went to the country's primary financial regulator, the Financial Services Authority, to seek their blessing and explain in detail what we had in mind.
A group pic after giving a presention to both the Jamaican central bank and the FSC on how Veritaseum views the coming digital assets paradigm shift. You can see the videos here.
A very busy day led to a very busy evening as we spoke multiple members of Parliament individually and in groups to explain how Veritaseum will benefit the island of Jamaica. Below are the Minsiters of Transportation and Finance along with Veritaseum founder, Reggie Middleton.
We, of course, had to speak to the First Lady of Jamaica and the Minister of one of largest constituencies of the country (both on the left) before we left.
Of course, we were able to come to terms with the heads of the Jamaican Stock Exchange to make them one of the most advanced exchanges on the face of the earth. Pictured below is the Managing Director and the Chairman of the Board, along with Veritaseum.