NYAX to Advise TulsaLabs on Blockchain Regulatory Compliance

Tulsa, OK, May 27, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — AppSwarm, Corp. (OTC: SWRM), a software development company and aggregator of mobile applications, announces the appointment to TulsaLabs’ regulatory compliance board of advisors.

The Company, a division of AppSwarm, is pleased to announce the appointment of Mr. Frank Ferraro to the TulsaLabs Advisory Board to aid in regulatory compliance and risk disclosure for future token-based projects.

As a former market maker and head of trading at Citadel Securities Mr. Ferraro helped list hundreds of companies to various exchanges and holds expertise in such areas as reverse mergers and acquisitions, 15c-211 filings, market making, capital formation, REG-A, 506(c), board member participation, and capital market strategies.

Currently, Mr. Ferraro is the Founder and CEO of New York Alt Exchange, a developmental centralized exchange focused on strict regulatory oversight and KYC standards geared towards future institutional investment firms. https://www.linkedin.com/in/ferrofrank/

Regulatory and Disclosure Services

Legal and Corporate Advisory
Tax Accounting and Audits
Token Creation and Deployment
News and Public Disclosure

Regulatory Filings

TulsaLabs will also be collaborating with CryptoFilings, a central hub for crypto projects to upload information on their project to increase regulatory transparency through financial statements, or public disclosure of material events. CryptoFilings also offers a wide range of other services such as legal, smart contract auditing, and corporate advisory services to assist projects in adhering to future compliance and regulatory requirements. https://cryptofilings.io/

The Company will also be integrating New York Alt Exchange news disclosure feed into our BitChart tracking app for Apple iPhone to provide users with the latest news and disclosure alerts from small altcoin issuers.

As the crypto markets mature TulsaLabs believes a solid regulatory framework will provide a foundation for both innovation, and greater investor protection through transparency and risk disclosure. TulsaLabs will strive to work with its partners to assist new issuers in navigating the coming regulatory changes expected in this growing technology industry.

About New York Alt Exchange

New York Alt Exchange (NYAX) is a centralized crypto exchange that offers a wide range of trading and DeFi services to customers. With nearly 30+ years’ experience in broker-dealer industry NYAX aims to provide a highly regulated exchange for select institutional and qualified retail investors through implementation of strong Know Your Customer (KYC) standards, and filings with regulatory agencies. https://www.nyaltx.com/

Forward-Looking Statements

This document contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Note: No information provided on this website shall constitute an offer to sell or a solicitation of an offer to make an investment in any securities, but rather is for informational purposes only.

CONTACT:

Frank Ferraro,
Founder & CEO
Email: info@nyaltx.com