Securities and Exchange Commission

Hello all,

Just wondering if this helps Nash and if yes, how ?

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As soon as NASH is able to list NEX, the better!!

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It is the SEC taking a step on the direction we set Nash on.

It gives additional insight to a previous letter regarding custody: it adds that non-custodial exchanges can trade security tokens, it specifically mentions registered broker-dealers on the first page and is clear in restricting that the no-action is only valid for non-custodial exchanges that meet two different models.

We will explore what this means for Nash and how it affects our operations.

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