The Kubo team was able to finalize a deal to acquire TCX Hub Exchange. With this second exchange, Kubo will serve as the native currency for both the developing ELO exchange and the recently bought TCX Hub and follow the model of other exchange tokens such as BNB and Kucoin. Alongside the growing payment options that Kubo and its partners are developing or integrating with to expand the micro payment use case that Kubo is building, being an exchange token boosts the overall exposure for the project. TCXhub will allow us to operate legally and fully compliant Exchange with the SEC within the United States. This would put us in a unique position as Kubo will push to register as a corporation and take the next level in the United States market space. In tandem with ELO, Kubo will be exposed to both domestic and foreign investors and upkeep the goal of mass adoption.