Trading Symbol: INTL
Number of Outstanding Listed Securities: 71,668,476
Date: September 10, 2021
Intellabridge Technology Corporation is a fintech blockchain neo-bank that provides retail and institutional investors with access to decentralized financial applications with additional layers of cybersecurity, consumer protection, and customer service.
Intellabridge offers depositors self-custody services to empower them with complete transparency and control over their accounts through its institutional-grade platform.
The Kash product features DeFi interest-bearing savings vaults, stablecoin checking, fiat-crypto exchange, synthetic stock, ETF and commodity trading, and other DeFi banking services, with plans to offer debit cards, virtual cards, Apple Pay and Google Pay.
In the month of August the Company focused its efforts on product development and the hiring of additional marketing personnel in preparation for public launch on September 30th. The Company completed Ethereum and Metamask integrations, quality control, and security tests. Management successfully filed on time the Q2 2021 Financial Statements and MD&A.
In August Intellabridge’s team was focused on delivering Kash Beta Version 1.1. Kash Beta Version 1.1 includes Ethereum wallets and an integration with Metamask, one of the top wallets with more than 10 million monthly active users, as part of a major industry initiative bridging the Ethereum and Terra blockchains.
While the Company is in the beta stage and focused on product development, the amount of users grew organically 10% month-over month, reaching more than 11,000 beta-users. The Company expects the growth rate to increase following the implementation of the marketing and advertising campaigns which started in September.
The Company has set up a strategic advisory team and signed Advisory Agreements with experts in finance, blockchain, and investment industries to provide the Company with advice on product and business development, marketing and sales, as well as access to a network of contacts for strategic objectives. The Advisory Board has already designed the Kash Token platform, which will be launched in Q4 2021.