Concordium Blockchain available for US persons

August 31, 2022 - Zug, Switzerland - As of today, it is possible for US persons to build and use applications on the Concordium blockchain.

Concordium will allow US persons to download any Concordium wallet and allow US persons to obtain an ID and create accounts on the Concordium blockchain.

This message is for information purposes only and is not a public offering of CCDs. 

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SHOULD CONCORDIUM MAKE AN OFFERING OF CCD TOKENS, THE CCD TOKENS WILL BE OFFERED FOR SALE ONLY OUTSIDE OF THE UNITED STATES TO NON‐U.S. PERSONS, PURSUANT AMONGST OTHER TO THE PROVISIONS OF REGULATION S OF THE U.S. SECURITIES ACT OF 1933, AS AMENDED.  THE OFFER AND SALE OF THESE TOKENS WILL NOT BE REGISTERED UNDER THE SECURITIES ACT, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS.

Such offering would not available to investors from Bahamas; Belarus; Botswana; Burundi; Cambodia; Canada; Central African Republic; China; The Democratic Republic of Congo; Cuba; Côte d’Ivoire; Ethiopia; Ghana; Iran, Islamic Republic of Iraq; North Korea (Democratic People's Republic of Korea); Lebanon; Libya; Mali; Myanmar; Nicaragua; Pakistan; Panama; Russia: Somalia; South Sudan; Sri Lanka; Sudan; Syrian Arab Republic; Trinidad and Tobago; Tunisia; United States; Venezuela, Bolivarian Republic of Yemen; Zimbabwe and Standard OFAC exclusions.

Concordium will in any event only sell tokens to U.S. persons who fall within the definition of “accredited investors” under Rule 501(a) under Regulation D of the US Securities Act of 1933 as Amended.

Concordium will require that any U.S. persons that acquire CCDs from Concordium in a Regulation D offering agree that they will hold any CCDs so acquired for at least one year. 

Maria Rojas
mar@concordium.com