London (United Kingdom), September 16, 2021: Blackbull Equities Ltd. announced today that it has set up a decentralized autonomous organization (DAO) for BEX Block Exchange, accessible through Aragon, a leading smart contract provider platform, and organized it as a Wyoming DAO limited liability company, and then integrated it, as a wholly owned subsidiary, into BEX Block Exchange Ltd., a UK-based private limited company. BEX Block Exchange is the first company set up in such a way to combine in an international framework decentralized and traditional corporate structures.
BEX Block Exchange DAO LLC consists of the General Assembly that is representing the ownership of BEX Block Exchange and the Executive Committee that manages the operative business of BEX Block Exchange. BEX Block Exchange DAO is organized as a company on Aragon, with the DAO name and DAO identifier bexblockexchange and the Ethereum Name Service address bexblockexchange.aragonid.eth. Since BEX Block Exchange DAO is deployed on the Polygon network, which is anchored to the Ethereum blockchain, BEX Block Exchange DAO transactions can be explored on Polygonscan.
Picture: Blackbull Equities Analytics