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PRICE OF TURNCOIN SURGES AS EXPANSION STRATEGY FOR $700 MILLION OF FUNDING ANNOUNCED

December 15, 2021

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In a bold move to implement an aggressive global acquisition strategy and expanded marketing campaign for 2022, TheXchange launched an expanded round of funding through Securitize.io in the first Global Digital Security Offering of its kind on December 15, 2021.

This expanded funding strategy follows recent announcements of major global celebrities and influencers that joined the VirtualStaX launch campaign. In addition, the completion of the TheXchange’s highly anticipated flagship app, VirtualStaX (StaX App V1.0),  and the announcement of its official launch on February 4, 2022 combined with a powerful gathering of global partners from five continents at TheXchange HQ in Stellenbosch, South Africa on November 27, 2021 triggered increased demand and upward pressure on the price of TurnCoin, the TheXchange’s Digital Security.

Early adopters of TurnCoin have been aptly rewarded for their faith in the VirtualStaX (StaX) global business model watching a steady price increase of 1,862% over the last 9 months.

Global trends and exceptional timing for TheXchange's "First Global Xchange for Talent" and its VirtualStaX business model prompted the Company to up the stakes with a $700 million raise. The purpose; to secure a controlling interest in a major global sport broadcasting network, expand the VirtualStaX marketing campaign with a focus on Asia, especially China and India, and onboard a host of global celebrities and spokespersons to cover all the major StaX categories.

Finally, the global announcement and subsequent reveal of the groundbreaking StaX Metaverse project slated for the first half of 2022, is another powerful game-changer in this superheated and fast-expanding universe of the tech sector.

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