Mr. Levy Cohen reports

WELLFIELD TECHNOLOGIES: TRANSFORMING INSTITUTIONAL AND DEFI GOLD INVESTING

Wellfield Technologies Inc. has provided additional information on its two distinct gold ecosystems aimed at reshaping the landscape of gold investing: VaultChain Gold and wGLD.

VaultChain Gold, the result of Wellfield's acquisition of Tradewind Markets in 2023, represents a significant advancement in institutional gold investing and wGLD, for the decentralized finance (Defi) community announced last week.

VaultChain Gold and wGLD represent Wellfield's strategic vision to establish two distinct blockchain-based gold ecosystems, each catering to specific investor communities:

• VaultChain Gold: Developed on the Tradewind Ledger, VaultChain Gold offers a closed precious metals trading platform tailored exclusively to custodial participants of the Royal Canadian Mint and their clients. This initiative revolutionizes the institutional gold marketplace, providing unparalleled accessibility, security and efficiency in precious metals trading.
• wGLD: Serving as the cornerstone of a global and open gold ecosystem for the Defi community on ethereum, wGLD embodies Wellfield's commitment to democratizing access to physical gold. With its launch on Optimism, a prominent ethereum Layer 2 blockchain, wGLD opens new horizons for Defi enthusiasts, enabling seamless integration into decentralized trading, lending, borrowing and yield-generation opportunities.

Commenting on the significance of these initiatives, Levy Cohen, chief executive officer of Wellfield, stated: "The introduction of VaultChain Gold and wGLD represents a leap forward in our mission to transform the gold investment landscape. By providing tailored solutions for both institutional clients and the Defi community, we are unlocking unprecedented opportunities and fostering a new era of gold investing."

With these initiatives, Wellfield Technologies reaffirms its commitment to innovation and accessibility in the realm of blockchain-based finance.

About Wellfield Technologies Inc.

Wellfield Technologies is a leading fintech company specializing in innovative solutions that leverage blockchain technology for consumers and institutions. Its retail platform Coinmama provides seamless access to the cryptocurrency market for over 3.8 million registered users across 180 countries, including friendly self-custody solutions and disruptive Defi services. Wellfield operates Tradewind Markets as a real-world-asset tokenization platform with its flagship VaultChain Gold and VaultChain Silver, backed by physical metal custodied with the Royal Canadian Mint. Expanding Wellfield's offerings for institutional clients, it acquired Brane Trust and is working toward regulatory approval to operate as Canada's second qualified digital asset custodian.

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