“Three Vital Updates for D.ai.sy Members – Licensing, KYC Compliance, and Brokerage Situation”,

3 quick and important updates for all D.ai.sy members:

1. Licensing

After submitting final dossier  we are expecting the pre-approval by the end of August. Keep in mind that the start of operations will also be connected to finalising KYCA regulatory process where exchanges verify the identity of their customers to prevent fraud and comply with anti-money ... More. 

2. Daisy KYC 

We are finalising the set up for KYC initiation. We remind that all members of Daisy including exit wallets have to complete the KYC or KYB in order to receive Endotech shares, and for non-exit wallets to be able to continue with the new fund model. This will also help us better navigate the current situation with the broker and liquidityThe ease with which an asset can be bought or sold in the market without affecting its price. High liquidity typically m... More providers, we we ask all members that once the KYC goes live, please complete it quickly. It will be a very simple and fast process.

3. Broker and Liquidity Provider situation 

This is our absolute number one priority.  To that end we have engaged experienced counsel to help us address it as expeditiously and effectively as possible. Given the legal considerations and sensitivity of the situation, we have been instructed to not comment further at this time. We will update you as soon as we are able.