CDRX is a fintech company targeting the $600tn securities markets - both existing and new issuance. Its Crypto Depository Receipt (CDR) product is an adaptation of the American Depository Receipt framework combined with blockchain and smart contract technology. Its team come from banks including Goldman Sachs, JP Morgan, HSBC, Deutsche Bank, UBS, MUFG, Citi and Merrill Lynch - 100+ years of combined financial markets experience spanning trading, structuring, sales, technology, ecommerce, legal and regulation. In addition to the CDR product, its enterprise grade trading platform is designed to support institutional clients, including offering optional settlement via SWIFT/CCPs and regulated custody. ▪️ Investors: Trade securities like crypto-currencies. Faster settlement, lower costs, and the ability to buy stocks or bonds that would previously have been out of reach (fractional ownership) ▪️ Issuers: Pay dividends, conduct voting and execute corporate actions directly through the CDRs. Lower costs, elimination of intermediary errors and improved efficiencies ▪️ Asset backed (security) tokens: CDRs are securitised tokens, backed by real-world assets, whose value matches the value of the underlying stock or bond that each CDR represents