Document Security Programs, Inc., Coinstreet Associates and GSX Group Collaborate to Acquire Electronic Asset Exchange Business in the US

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ROCHESTER, N.Y., Feb 08, 2021 (Globe NEWSWIRE by means of COMTEX) —
ROCHESTER, N.Y., Feb. 08, 2021 (World NEWSWIRE) — Document Safety Devices, Inc. (NYSE American: DSS) (“DSS”), a multinational corporation operating enterprises concentrating on manufacturer safety technological innovation, blockchain safety, direct advertising and marketing, healthcare, serious estate, and securitized electronic property, currently introduced it entered a joint undertaking (“JV”) with Coinstreet Companions (“Coinstreet”), a world wide decentralized digital investment decision banking team and digital asset money support organization, and GSX Group (“GSX”), a world wide digital exchange ecosystem for the issuance, trading, and settlement of tokenized securities, utilizing its proprietary blockchain option. This JV collaboration kinds a exceptional partnership of a few crucial leaders in their field, combining common money current market experience, Fintech improvements, and small business networks from three continents, North The us, Europe, and Asia, to capitalize on unique digital asset opportunities.

The newly shaped JV will initial go after a digital securities exchange license in the US. Moving forward, this JV will be the key operational organization creating and functioning a electronic securities trade that utilizes the GSX STACS blockchain technologies, serving corporate issuers and investors in the sector.

Frank D. Heuszel, CEO of DSS, commented on the news of the new JV, stating:

“We have been looking for the appropriate possibility to speed up our digital asset enterprise and think this collaboration will present a robust basis for achievement. The transformative possible of electronic securities is extremely interesting, and we seem forward to pursuing the substantial option in the US for a secondary marketplace in securities tokens.”

A important facilitator in the new JV, Samson Lee, Founder & CEO of Coinstreet Companions commented:

“For the past 4 decades, Coinstreet has been concentrating on most important market things to do for STO and digital assets in the international marketplace. We are delighted to create a strategic partnership with DSS and GSX to build a digital asset exchange in the US. This is a major step forward for Coinstreet, and it will enable us to vertically integrate our most important sector products and services with regulated secondary buying and selling venues in the US, which is a very vital industry for us.”

Nick Cowan, CEO of GSX Group, added on the deal’s conclusion:

“As a result of this strategic joint venture, we are acknowledging our vision to create a paradigm shift in the capital markets. With the assist of our new associates, DSS and Coinstreet, and working with our fundamental bespoke blockchain for securities, the GSX STACS community, we feel this new exchange will supply some remarkable prospects for US and world-wide issuers.”

In accordance to a study from the Globe Economic Discussion board, 10{9e6a73ef7eb6fa22b1de79554ca535a2a0aaa70d898e937e26eb250763832f63} of the world’s GDP will be tokenized by 2027 — with an estimated marketplace capitalization of US$24 trillion. With amplified clarity in the regulatory framework and lots of constructive developments in the market, such as broader adoption of digital property from economic institutions and progressive digital protection offerings from large enterprises, each asset tokenization and digitized securities are gaining substantially momentum for new growth in the money field.

By way of their JV collaboration, DSS, Coinstreet Associates, and GSX Team could become the next electronic asset trade to secure FINRA registration as an option investing process (ATS).

About Doc Protection Units, Inc.

DSS is a multinational business, operating firms concentrated on brand security engineering, blockchain safety, direct advertising and marketing, healthcare, genuine estate, and securitized electronic property. Its enterprise model is centered on a distribution sharing system in which shareholders will get shares in its subsidiaries as DSS strategically spins them out into IPOs. Its historic business revolves close to counterfeit deterrent and authentication systems, intelligent packaging, and purchaser products engagement. DSS is led by its Chairman and most significant shareholder, Mr. Fai Chan, a hugely effective world-wide business enterprise veteran of more than 40 decades specializing in corporate transformation though handling risk. He has correctly restructured far more than 35 businesses with a mixed price of $25 billion.

For extra info on DSS pay a visit to http://www.dsssecure.com.

About Coinstreet Companions (Coinstreet)

Founded in 2017, Coinstreet is an award-profitable, AI-powered decentralized financial commitment banking team, a top quality economical companies company for private wealth, and a experienced consultancy agency in the Digital Asset and FinTech sectors, offering a small business eco-method for the new era of electronic financial state. Coinstreet focuses on 5 critical business segments: (1) Digital Asset Investment decision Banking, (2) Digital Asset/Wealth Management & Non-public Banking, (3) Digital Asset World-wide Distribution Coordination, (4) Asset Tokenization & Stability Digitization Administration Option, and (5) Decentralized Finance & DLT Option.

Coinstreet is a co-organizer of International On the internet Trader Roadshow (www.GOIR.data) – the following technology, institutional scale, on line private placement platform for personal fairness, different investments, and digital asset possibilities and a co-organizer of TADS Awards (www.TADSawards.org) – the world’s initially worldwide award for Tokenized Assets and Digitized Securities sector.

For far more details on Coinstreet, visit https://coinstreet.companions/

About GSX Group

GSX Group, that owns and operates the Gibraltar Inventory Exchange (GSX) is a increasing Fintech ecosystem of electronic securities exchanges. GSX Team seeks to build a digital ecosystem to exploit the next evolutionary stage in funds markets advancement: the tokenization of economies facilitating the adoption by, and convergence amongst, issuers and traders.

For extra data on GSX Team, take a look at https://www.gsxgroup.worldwide/

DSS Investor Get hold of:
Dave Gentry, CEO
RedChip Corporations Inc.
407-491-4498
[email protected]m

Protected Harbor Disclosure

This push release is made up of forward-wanting statements that are made pursuant to the harmless harbor provisions within just the that means of Section 27A of the Securities Act of 1933, as amended, and Area 21E of the Securities Exchange Act of 1934, as amended. These types of forward-searching statements involve, but are not constrained to, statements relevant to the Company’s meant use of proceeds and other statements that are not historical points. Forward-wanting statements are primarily based on management’s existing expectations and are subject to hazards and uncertainties that could lead to true outcomes or situations to differ materially from those projected. These dangers and uncertainties, a lot of of which are past our command, contain: risks relating to our progress technique our ability to attain, carry out under and manage funding and strategic agreements and associations hazards relating to the effects of advancement pursuits our ability to draw in, integrate and retain crucial personnel our will need for sizeable supplemental money patent and intellectual residence matters competitors as perfectly as other dangers explained in the area entitled “Danger Factors” in the prospectus and in our other filings with the SEC, which include, devoid of limitation, our studies on Forms 8-K and 10-Q, all of which can be received on the SEC website at www.sec.gov. Audience are cautioned not to place undue reliance on the forward-looking statements, which communicate only as of the day on which they are created and mirror management’s existing estimates, projections, expectations and beliefs. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any ahead-searching statements contained herein to mirror any transform in our expectations or any variations in events, problems or circumstances on which any this sort of assertion is based, other than as expected by regulation.

COMTEX_380453594/2471/2021-02-08T06:55:55

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