Greetings taxi,

Cointed offers a number of blockchain-based products & services and is the only allround service provider in the industry. The areas we are active in are: (mainly GPU) Mining, a Crypto Exchange, Mulit-Cryptocurrency ATMs (as the biggest Crypto ATM provider in Europe) and a Payment System for crypto-payment processing. We were able to achieve all this with absolutely 0 outside funding.

Our goal is to now expand to the global market with those products. When you take a look at the Cointed Whitepaper on page 38, you will see that we are currently in the process of expanding throughout Europe and that Asia is our immediate next goal after that. We are already in talks with a number of potential partners throughout South East Asia, which we mainly met by regularly attending blockchain-focused events in this area. Another event, the Black Arrow Conference in Bali/Indonesia is just coming up, which we are really excited for!

We place huge focus on the South East Asian market, because it seems obvious to us that cryptocurrencies are ideal for countries where the financial infrastructure is not yet fully developed. In addition, there are very few cryptocurrency-focused companies in South East Asia as of now.

Logistically, it is just not possible to enter the Asian market from Austria (or anywhere in Europe for that matter). After much consideration with our financial advisor Deloitte, we decided that the base of our operation should be moved to Hong Kong. Thus, the Cointed Ltd was founded, where we will now move our attention to more and more over time.

I hope this addresses the matter and are happy to answer any further questions that may come up!