❗️Announcement:❗️

We had a meeting with all 3 TB branches (JP, US and EU) last week in Tokyo. I try to share the latest news/details with you

✅COMSA development (tech):
COMSA development is still on track, work on the token swap mechanics have started and we are looking to enable it at end of 2018 / beginning of 2019.

✅COMSA sales:
TB JP is still not able to do japanese ICO's at the moment. Regulations are still unclear. However, technically the plattform is ready and once there are regulations JP team will start with supporting ICO's.

TB US established new partnerships for ICO's which will be held in 2018.

TB EU started with sales in June and so far is still aquiring customers from Switzerland aswell from other european countries. We will have an additional sales person starting August 1st in our Zug office.

✅Exchanges:
Currently we are working hard to get a listing on a major exchange done, since with the regulations from SEC side this takes more time than assumed. Its not as easy as just paying a fee and get listed.

We are also looking at what we call "mid-tier exchanges" at the moment. We consider paying the fee's for listing as it is the market standard nowadays.

✅TB EU situation:
Let me, as leader of EU office, give you some insights as why things don't move as fast as we all wanted:

We incorporated the company end of December 2017. But we struggled to find a bank which wanted to work with us and it took us until end of March 2018 to find a partner bank. Because of this fact it was nearly impossible to start any business before April 2018. Without a bankaccount you can't rent office space or hire employees, so the troubles with finding a bank kind of "paused" EU operations for 3-4 months.

We have an office space since April 2018 and began to hire more employees in the same month. Team is now at 6 members (including me). I know as an investor/customer it feels like its been months without news/announcements. The truth is that we as EU team were working on basic stuff to establish the company.

Because we are doing business in the crypto sector, we had some troubles first and had to rely on third parties, which took more time then we all wanted. (e.g. bank account and all the followup problems we explained above)

We lined up the Chronoswiss project between January and March and were happy to find a partner which allowed us to do a project while the office tasks were on hold. I know the project is not exactly what everybody was looking for, but for us it seemed like the better option then just doing nothing/waiting. We will also look foward to have other projects with Chronoswiss.

I'm positive that with new additions to the team we will manage to get alot of good partnerships in swiss/european sector. (c) Patrick, CEO TB EU

we have plans to do more then 5 ico's for 2018 (c) Patrick, CEO TB EU