TulsaLabs Appoints Advisor to Blockchain Regulatory and Compliance Board

Rhea-AI Summary

AppSwarm, Corp. (SWRM) announced the appointment of Frank Ferraro to the TulsaLabs Advisory Board to enhance regulatory compliance for token projects. Ferraro, a former market maker at Citadel Securities, brings significant expertise in capital markets and regulatory frameworks. The collaboration with CryptoFilings aims to improve transparency and compliance in crypto projects. Furthermore, the integration of the New York Alt Exchange news feed into the BitChart app will keep investors informed of updates, aligning with AppSwarm's commitment to regulatory integrity and investor protection in the evolving crypto landscape.

Positive

• Appointment of Frank Ferraro strengthens regulatory compliance expertise.
• Collaboration with CryptoFilings enhances transparency in crypto projects.
• Integration of New York Alt Exchange news feed into BitChart improves investor awareness.

Negative

• None.

Tulsa, OK, May 27, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- AppSwarm, Corp. (OTC: SWRM), a software development company and aggregator of mobile applications, announces the appointment to TulsaLabs’ regulatory compliance board of advisors.

The Company, a division of AppSwarm, is pleased to announce the appointment of Mr. Frank Ferraro to the TulsaLabs Advisory Board to aid in regulatory compliance and risk disclosure for future token-based projects.

As a former market maker and head of trading at Citadel Securities Mr. Ferraro helped list hundreds of companies to various exchanges and holds expertise in such areas as reverse mergers and acquisitions, 15c-211 filings, market making, capital formation, REG-A, 506(c), board member participation, and capital market strategies.

Currently, Mr. Ferraro is the Founder and CEO of New York Alt Exchange, a developmental centralized exchange focused on strict regulatory oversight and KYC standards geared towards future institutional investment firms. https://www.linkedin.com/in/ferrofrank/

Regulatory and Disclosure Services

Legal and Corporate Advisory
Tax Accounting and Audits
Token Creation and Deployment
News and Public Disclosure

Regulatory Filings

TulsaLabs will also be collaborating with CryptoFilings, a central hub for crypto projects to upload information on their project to increase regulatory transparency through financial statements, or public disclosure of material events. CryptoFilings also offers a wide range of other services such as legal, smart contract auditing, and corporate advisory services to assist projects in adhering to future compliance and regulatory requirements. https://cryptofilings.io/

The Company will also be integrating New York Alt Exchange news disclosure feed into our BitChart tracking app for Apple iPhone to provide users with the latest news and disclosure alerts from small altcoin issuers.

As the crypto markets mature TulsaLabs believes a solid regulatory framework will provide a foundation for both innovation, and greater investor protection through transparency and risk disclosure. TulsaLabs will strive to work with its partners to assist new issuers in navigating the coming regulatory changes expected in this growing technology industry.

About APPSWARM

AppSwarm is a technology company specializing in accelerated development and publishing of mobile apps and other software platforms for gaming and business applications and seeks to acquire symmetric business opportunities. AppSwarm partners with and assists other development firms in technology development, business management, and funding needs.

For more information, visit us at www.app-swarm.com or follow us on www.facebook.com/AppSwarm  Twitter https://twitter.com/AppSwarm or Instagram https://www.instagram.com/appswarm/

“LEGAL DISCLAIMER”

AppSwarm, and its affiliate labs are strictly research firms focused on the development of blockchain applications, and in no way is involved with the buying, selling or the issuance of any cryptocurrencies, or investment advice.

Forward-Looking Statements:

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements that are subject to risk and uncertainties including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk, and other risks detailed from time to time in the Company's filings with OTCMarkets.com and as required to the Securities and Exchange Commission. These risks could cause SWRM's actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company.

Investor and Media Contacts:

AppSwarm, Corp.
888-886-8583
info@app-swarm.com

FAQ

Who is Frank Ferraro and what is his role in AppSwarm?

Frank Ferraro has been appointed to the TulsaLabs Advisory Board to enhance regulatory compliance for token-based projects.

How does the collaboration with CryptoFilings benefit AppSwarm?

The collaboration aims to improve transparency and regulatory compliance for crypto projects, which may enhance investor trust.

What is the significance of the New York Alt Exchange integration into BitChart?

The integration will provide users with real-time news and disclosure alerts, helping investors stay informed about small altcoin issuers.

What does the appointment of Frank Ferraro mean for SWRM's future?

Ferraro's expertise could lead to improved regulatory strategies, potentially attracting institutional investment and boosting company credibility.