Disclosures & Disclaimers

Fintech Company, Not a Bank

• CFX Labs Inc. (“CFX”) is a financial technology company and not an FDIC-insured bank.
• CFX issues the $MoveUSD stablecoin and provides related financial technology services.
• Banking services and deposit accounts are provided through Metropolitan Capital Bank & Trust (“MCBT”), Member FDIC. Deposit insurance covers only the failure of an insured bank, not $MoveUSD tokens or any other digital assets.

Metropolitan Capital Family of Companies

• Metropolitan Capital Bank & Trust is part of the Metropolitan Capital family of financial service companies, which includes:
  • Metropolitan Capital Bancorp, Inc. (a Federal Reserve-regulated financial holding company)
  • Metropolitan Capital Bank & Trust (Member FDIC)
  • Metropolitan Capital Investment Banc (a FINRA-licensed broker-dealer)
  • Metropolitan Capital Solutions, LLC
• Each entity operates under its own regulatory framework; products or services offered by one affiliate may not be insured, guaranteed, or regulated in the same manner as another.

$MoveUSD Stablecoin & FDIC Coverage

• $MoveUSD tokens are not FDIC-insured and do not themselves represent an FDIC-insured deposit.
• Underlying customer deposits backing $MoveUSD are held in MCBT accounts in the bank’s name and Tax ID within designated beneficiary accounts, subject to FDIC insurance coverage only up to applicable limits and conditions.

Treasury Management & U.S. Treasury Bills

• From time to time, CFX or its affiliates may employ treasury management strategies, which could involve U.S. Treasury Bills or other short-term debt instruments.
• Where such investments are made through Metropolitan Capital Investment Banc (a FINRA-licensed broker-dealer) or Metropolitan Capital Solutions, LLC, those products are not FDIC-insured and may be subject to market risk.
• Past performance is not indicative of future results. Returns are not guaranteed, and all investments carry the risk of loss, including possible loss of principal.

No Investment Advice or Offer

• $MoveUSD is not an investment product, and its purchase, holding, or use does not imply the receipt of any interest, dividends, or investment returns.
• Any references to U.S. Treasury Bills or similar instruments are for treasury management purposes and should not be construed as an offer to sell or a solicitation to buy any security or investment.
• CFX does not provide personalized investment, tax, or legal advice. Consult your own advisors regarding your individual circumstances.

Redemption & Usage Requirements

• $MoveUSD redemption is limited to designated channels in accordance with CFX’s policies, which may include specific bank accounts, authorized OTC partners, or direct transfer mechanisms.
• Certain minimum deposit or account requirements may apply, and accounts must remain in good standing to be eligible for $MoveUSD minting or redemption.

Forward-Looking Statements

• Certain statements regarding product performance, market conditions, or potential yields may be considered forward-looking.
• Actual results may differ due to various factors, including market volatility, regulatory changes, or operational considerations.
• No forward-looking statement is a guarantee of future performance.

KYC/AML Compliance

• CFX enforces Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols, as required by applicable law.
• CFX reserves the right to suspend or close accounts that do not meet these requirements or are otherwise in violation of regulatory standards.

Risk of Loss & No Guarantee

• All financial services and products carry inherent risks. While the underlying deposits at MCBT may be FDIC-insured up to applicable limits, $MoveUSD tokens and any non-deposit investments are not.
• CFX and its affiliates do not guarantee any specific returns, values, or outcomes with respect to $MoveUSD or related treasury management services.

Fees & Charges