SOLOTEX DISCLOSURES
The proposed features describing SoloTex are pending regulatory approval and may not be included in the final offering. SoloTex is being designed to allow users to hold tokenized representations of US stocks, in their wallet. The underlying securities will remain under the custody of Texture Capital's clearing firm and, ultimately, at the DTCC. When a user decides to fund their account with a stablecoin, it will be converted to fiat USD via the SoloTex platform and our partners, prior to being deposited into the user’s brokerage account. The stock tokens can be held in your wallet but cannot be independently transferred peer to peer.
Blockchain technology is an emerging and unproven application within financial markets. There is no guarantee that tokenization will result in secondary market liquidity, and investments may remain illiquid. Any investment in these products involves risk, including the potential loss of principal, and should be made only by those who fully understand these risks and are prepared to bear them.