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Parsor · Screening Card

Parsor

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3月29日 19:127.3 KB

Parsor · IC Memo

Parsor

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IC Memodd-reports
3月29日 19:1212 KB

Perplexity Ai · IC Memo

Perplexity AI

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IC Memodd-reports
3月29日 15:1811 KB

Perplexity Ai · Screening Card

Perplexity AI

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Merchant Payments - Enterpise Crypto Banking v6.pdf

Merchant Payments Enterpise Crypto Banking V6

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Project Fileproject-files
3月29日 14:12843 KB

Dune Polygala Ai · IC Memo

Dune (polygala-ai)

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IC Memodd-reports
3月24日 03:429.0 KB

Dune Polygala Ai · Screening Card

Dune (polygala-ai)

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Screening Carddd-reports
3月24日 03:416.3 KB

Dune By Polygala Ai · IC Memo

Dune (by polygala-ai)

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IC Memodd-reports
3月24日 03:299.1 KB

Dune By Polygala Ai · Screening Card

Dune (by polygala-ai)

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Screening Carddd-reports
3月24日 03:285.4 KB

Paperclip Ai Orchestration · Screening Card

Paperclip (AI Orchestration)

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Screening Carddd-reports
3月24日 03:137.3 KB

Paperclip Ai Orchestration · IC Memo

Paperclip (AI Orchestration)

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IC Memodd-reports
3月24日 03:1312 KB

Connectonion · Screening Card

ConnectOnion

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Screening Carddd-reports
3月23日 20:397.6 KB

Cursor Anysphere · Screening Card

Cursor (Anysphere)

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Screening Carddd-reports
3月23日 20:136.8 KB

Cursor Anysphere · IC Memo

Cursor (Anysphere)

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IC Memodd-reports
3月23日 20:139.3 KB

Legora · Screening Card

Legora

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Screening Carddd-reports
3月23日 19:146.8 KB

Legora · Screening Card

Legora

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Screening Carddd-reports
3月23日 19:143.9 KB

Harvey · Screening Card

Harvey

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Screening Carddd-reports
3月23日 17:425.6 KB

Harvey · Screening Card

Harvey

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Screening Carddd-reports
3月23日 17:423.8 KB

Lovable · Screening Card

Lovable

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Screening Carddd-reports
3月23日 17:056.0 KB

Lovable · Screening Card

Lovable

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3月23日 17:042.8 KB

Orthogonal · Screening Card

Orthogonal

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3月23日 08:373.0 KB

Aiyu Intelligence · Screening Card

Aiyu Intelligence

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3月23日 07:514.5 KB

Taku · Screening Card

Taku

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3月23日 05:303.8 KB

Spatial Walk · Screening Card

Spatial Walk

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Screening Carddd-reports
3月22日 13:424.8 KB

Spatial Walk · Screening Card

Spatial Walk

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3月22日 13:413.2 KB

Merchant Payments - Enterpise Crypto Banking v6.pdf

runtime/project-files/uploads/20260329T141235Z_Merchant_Payments_-_Enterpise_Crypto_Banking_v6.pdf

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Merchant Payments Enterpise Crypto Banking V6

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3月29日 14:12

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Trade anywhere. Visit our website to start trading immediately. ENTERPRISE CRYPTO BRANKING FOR MERCHANTS European merchants lack reliable access to institutional USDt liquidity High-volume merchants across Europe (iGaming, FX, PSPs, exchanges) require large, recurring USDt positions to operate effectively. Traditional banks either refuse to onboard these merchants due to risk appetite or do not settle outside their internal networks, restricting access to USDt liquidity. Existing alternatives are fragmented, slow, costly, and provide no regulatory clarity for institutional-scale stablecoin flows. Demand for regulated USDt rails is already large and growing Current monthly USDt demand €1B+ / month by 2026 €600M+ / month 150+ regulated clients From a single institutional client, at a single bank, on a single EUR/USDt pair. Forecast volume Driven by merchant expansion, increased throughput, and faster settlement. Immediate distribution funnel Dukascopy’s existing institutional client base across iGaming, FX, PSPs, acquirers, liquidity providers. 90% USDt market share Institutional stablecoin dominance Stablecoin usage in Europe is overwhelmingly concentrated in USDt. A regulated fiat → USDt corridor via Multi-Currency Solutions Dukascopy Bank SA, a FINMA licensed Swiss bank, provides multi-currency accounts, settlement infrastructure, and safeguarded fiat rails. Merchants settle EUR (and other fiat currencies) into Dukascopy as part of their standard acquiring flows. Crypto Payment Solutions ZBX manages USDt execution, custody and transfer to merchant-controlled accounts. A clean, compliant, and scalable institutional USDt rail backed by both a regulated bank and a regulated exchange. Dukascopy routes balances to ZBX, a MiCA- aligned institutional exchange, for efficient execution into USDt. Dukascopy Bank SA operates under the Swiss FINMA regime, providing a high-trust environment for safeguarding and settlement. The bank maintains established relationships across licensed iGaming, FX, payment service providers, card acquirers, liquidity providers, and crypto venues. MiCA-aligned exchange built for institutional flow ZBX is regulated under the EU’s MiCA framework and purpose-built for institutional flows. FINMA-regulated Swiss banking infrastructure Deep, pre-existing institutional client base Model reviewed with regulators The Dukascopy–ZBX model has already been introduced to FINMA, adding regulatory confidence to the end-to- end structure. Why Dukascopy x ZBX is uniquely positioned to win Settlement ranges from T+0 to sub-minute with full API integration. Manual flows process within ~30 minutes, with rapid upgrade paths to real-time execution. Simple, all-in pricing aligned with institutional volume. 0.3–0.5% total cost for both on-ramp and off-ramp flows. Scalable volume amplification Bank and PSP partners bring 100–1,000 merchants each, multiplying corridor volume. Supports B2B2C and B2B2BC structures, enabling rapid institutional scale. Instant settlement capability Transparent, competitive economics One model, multi-currency expansion High-speed, low-cost, institution-grade rails The corridor extends easily beyond EUR→USDt into other currencies and partner banks. A repeatable template deployable across multiple jurisdictions with minimal adaptation. Consistent month-on-month GMV growth with clear acceleration Current GMV (Today) ~€1,000,000 EUR/USDt traded per day Equivalent to ~€30,000,000 per month Merchant participation and flow depth increasing consistently YE 2025: €5,000,000 per day ~€150,000,000 per month Supported by onboarding of up to 20 institutional clients at Dukascopy YE 2026: €50,000,000 per day ~€1,500,000,000 per month Driven by multi-bank expansion and PSP-led merchant funnels ~15% month-on-month GMV growth (today → YE 2025) ~22% month-on-month GMV growth (YE 2025 → YE 2026) Visibility to multi-billion-euro monthly GMV by 2026, driven by regulated banks and institutional merchants adopting USDt at scale. Scalable pipeline with bank-led distribution Dukascopy alone Up to 20 large institutional clients expected within the next 6–9 months. Institutional Clients Volume projections Expansion Revenue projection EUR/USDT Corridor Today: ~€1m / day By YE 2025: ~€5m / day By YE 2026: ~€50m / day (~€1bn per month) Bank & Client expansion 2 new banks expected by YE 2026 Each expected to bring 20–40 corporate clients onto the model. Daily gross revenue ~$17k/day (2025) ~$170k/day (2026) A pure USDt growth channel ~90% of institutional flow is fiat → USDt Clean, direct, high-volume demand channel in Europe Merchants and PSPs rely on USDt as their default settlement asset Institution-grade infrastructure Backed by Dukascopy (FINMA) and ZBX (MiCA). Bank-led settlement with full regulatory oversight Clean, compliant rails for handling large institutional USDt flows Scalable institutional funnel Each partner bank brings 100+ corporate clients. PSP integrations multiply this across hundreds to

 thousands of merchants. Repeatable multi-jurisdiction model The corridor can be deployed across Europe, MENA, Asia, and the Americas. Establishes USDt as the default settlement and liquidity layer in new regulated markets. The institutional USDt rail Tether can own This corridor positions Tether at the center of regulated institutional USDt adoption with clear and scalable monetization pathways. Leadership Team Ming Zhao Serial founder & industry operator •Founder of ZBX, ChainXGame, Origins AI •10+ years in crypto and digital asset infrastructure •Strategic leadership across product, operations, and partnerships CEO Kevin Zhang Technology leader in fintech & telecom •CTO at Formuesforvaltning (Norway’s largest wealth manager) •Ex-Nokia & Ericsson senior engineering roles •Leads platform architecture, security, and integrations CTO Ian Dawson Financial services & corporate structuring expert •20+ years across banking, risk, and regulated finance •Specialist in corporate structuring, budgeting, and treasury •Drives financial strategy and regulatory alignment CFO David Pulis Capital markets & trading veteran •14+ years managing institutional trading desks •Built crypto asset funds and trading setups for banks & HFT desks •Leads institutional sales and market expansion CMO Strategic investment at a 50M USD valuation 5M USD (Or USDt Equivalent) Investment 50M USD per IPO Next raise targeted at 300M USD per-IPO Valuation ~10% ownership In the ultimate holding structure Equity With Tether’s participation, this corridor becomes the global USDt distribution network at regulated, institutional scale. Trade anywhere. Visit our website to start trading immediately. APPENDIX SLIDES Crypto settlement flow participants Acquiring/issuing PSPs A regulated FIs that operate as a principal members of card schemes, or work under the PayFac model. Crypto Infrastructure A regulated MiCA platform that offers on/off-ramping service together with crypto settlement service. A regulated FI that provides crypto liquidity service to ZBX The Bank Offers safeguarding accounts and settlement environment for all other participants. Clients Liquidity Provision Appendix Slide A The flow: on-ramping Step 1 Settlement Step 3 Crypto payout Clients/AffiliatesAcquirers Bank ecosystem Client Company Crypto liquidity provider Step 2 Fiat settlement Client funds are always on safeguarding accounts at the bank Crypto purchase Appendix Slide B The flow: off-ramping Step 1 Crypto top up Step 3 Flat wire Client of the Merchant Own a/c Bank ecosystem Client Company Crypto liquidity provider Step 2 Fiat settlement Client funds are always on safeguarding accounts at the Bank Crypto sale Appendix Slide C Benefits Factor Current market practice ZBX ecosystem Time to crypto settlement to the end client* 6 hours - 24 hours •Up to 10 seconds in case of automation •Up to 30 minutes if the process is manual Risk - measured as monetary exposure to the settlement intermediary(ies) Usually measured in hundreds of thousands of $ equivalent because speed is of importance Thanks to the speed of the process, any time exposure can be minimized to a comfortable level Total cost of transaction 0.5%-2% subject to merchant risk and fiat payment costs 0.3-0.5% depending on the monthly turnover (negotiable) * Starting time implied is the collection of the funds from the Card Schemes. Appendix Slide D Bank Profile Fully regulated Swiss bank and Securities Dealer under FINMA supervision. Regulated subsidiaries in the EU and Asia, plus an ongoing license application for a payments/e- money arm in Europe. . Digital-First Model – Robust online and mobile platforms with payments, FX, trading, and card issuing capabilities. Multi-currency banking services with proprietary electronic trading infrastructure. Support 200 employees, strong technological support for integrations and development. C level access for large partners and clients Licensed institutional clients including firms operating in iGaming, Forex, Payments, Card Acquiring, Liquidity Providers, Market Makers, Crypto Exchanges Over 300,000 global retail clients. Regulated Technology Client Base …customer offering: multi-currency accounts, cards, global payments, competitive FX, and trading including - FX, commodities, indices, equities, crypto, CFDs. https://www.dukascopy.bank/ Appendix Slide E Trade anywhere. Visit our website to start trading immediately. THANK YOU

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