Mr. Brock Murray reports

KATIPULT RELEASES BLOCKCHAIN-BASED SECONDARY TRADING PLATFORM

Katipult Technology Corp. has released its proprietary secondary trading software. The software will be offered on a white label basis to firms looking to launch a private or open exchange.

Katipult achieved a major milestone and upheld its previously announced timeline of Q2 2018 to introduce its secondary market product, which includes capabilities such as issuer buybacks, bulletin boards and auction-based price discovery. Katipult clients will be able to offer tradable securities, introduce smart contracts, and automate clearing and settlement for transactions at a much faster rate, while ensuring both the security of payments and regulatory requirements.

"Providing investors' liquidity through a secondary marketplace is a valuable capability to firms in private capital markets, and there has been an increased demand for secondary trading capabilities from our software with the rise of ICOs (initial coin offering) and tokenization of assets," said Brock Murray, chief executive officer of Katipult. "We will pursue a strategy to establish a strong market share in this segment and increase overall revenues with this additional product offering."

Katipult is working with leading crowdfunding platform, WeAreStarting Srl, to pilot its proprietary secondary trading software and further adapt the new technology for international regulations.

"We are enthusiastic about Katipult's adoption of blockchain into its software to track the ownership of shares in real time," said Carlo Allevi, operations manager of WeAreStarting. "This addition will open up long-term opportunities to extend the usefulness of the Katipult platform. In the secondary market, having the capability to manage voting rights and direct marketing actions to shareholders is a real breakthrough."

About Katipult Technology Corp.

Katipult is a financial technology (fintech) company offering proprietary, cloud-based software infrastructure on a white-label basis that allows client firms to design, set up and operate their own branded investment platform across multiple distribution channels -- including Web, mobile and social media. Businesses deploying the Katipult platform are operating in over 20 regulatory environments to grow investor networks, efficiently manage investors, and streamline deal-flow administration in the areas of equities, debt and real estate.

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