Soakmont Group Announces LOI with a Canadian Regulated Financial

Institution

This groundbreaking agreement brings together blockchain and financial expertise under a
regulated environment.

Quebec City, Canada June 17, 2022 --(PR.com)-- Soakmont Group, Inc. is delighted to announce its
imminent partnership with Atlantic Trust Company (ATC) a Canadian regulated Financial Institution.

ATC is a Trust & Loan Company, established in 1965 by an Act of Parliament by the Government of
Prince Edward Island, has a wide array of powers as a financial institution and as a Trustee.

This strategic agreement will oversee the joint creation of a new corporate entity, subsidiary to ATC, that
will cater to the cryptocurrency and blockchain industry, henceforth providing stability and insurance for
investors. This new entity will also offer the Crypto market fully fiat-backed CAD and USD stablecoins.
SOAKMONT & ATC intend to put back the notion of stability in stablecoins. Further financial products
will be offered and released following the subsidiary’s creation.

While confirming the news, the SOAKMONT development team stated, “This agreement will allow us to
realize our vision of creating a fully regulated tokenized investment platform - removing traditional
investment barriers while providing peace of mind for users. We see huge potential within this
partnership and are delighted to be building something that will bring so much value to the fintech and
cryptocurrency field.”

The agreement will initially see the following outputs:

• Creation of a new digital subsidiary Trust/Financial Institution launching in Q3 2022.

• Launch of fully secure and asset-backed by 1:1 fiat CAD and USD stablecoins - these will be fully
regulated and regularly audited.

• ATC and its subsidiary will work with SOAKMONT to ensure the forthcoming Soakmont Investment
Platform is fully regulated for asset tokenization and fractional ownership.

This subsidiary will be the cornerstone of the innovative SOAKMONT Investment Platform. Being
supported by a regulated Canadian Financial Institution allows SOAKMONT to focus on all forms of
private equity and real estate investment.

Once the agreement is finalized in Q3 2022 the subsidiary financial institution will launch with the
multi-chain stablecoins. Soon after, SOAKMONT will launch its Investment Platform and enter its first
phase of tokenizing the first private equity asset with fractional ownership. Mandate was formally given
by both parties to ARCHER Attorney & Notaries to ensure the completion of the agreement and the
inception of this new subsidiary.

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The expertise and experience within the two organizations are naturally complementary therefore
enhancing the capacity of SOAKMONT and ATC to build a novel and secured environment within the
cryptocurrency and blockchain landscape.

Further updates and projects will be announced and brought to market as the partnership develops.

Soakmont Group, Inc. is a financial technology company focused on utilizing the transparency and
efficiency of blockchain and web3 across a range of industries and products. Further information:
https://soakmont.com/ or contact info@soakmont.com.

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Contact Information:
Soakmont Group, Inc.
Steven Pullara
450-639-6538
Contact via Email
https://www.soakmont.com

Online Version of Press Release:

https://www.pr.com/press-release/863682

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