GreenBox POS to Add New Secure Token Technology to Gen3 Offering - Seite 2

GreenBox believes the Company can support these four pillars by being one of the leading corporate champions, in providing appropriate technology that meets consumer demand, while complying with existing regulations surrounding mainstream adoption of stablecoin currency. This is the main motivation for GreenBox to invest in the development of another tokenized media, and the birth of the GreenBox token.

“The development and addition of new secure token technology to our ecosystem is a step towards the future of digital currency transactional space. Witnessed in recent developments, and guidance handed down by regulators the transactional environment is evolving rapidly. We anticipate the exchange volume from the GreenBox secure token will create a sizable new revenue stream,” said Fredi Nisan, Chief Executive Officer at GreenBox POS. “GreenBox will remain aggressive in developing new features that establish the company as a leader in this new opportunity in the payments space.”

About GreenBox POS

GreenBox POS (OTCQB: GRBX) is an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions. The Company's applications enable an end-to-end suite of turnkey financial products, reducing fraud and improving the efficiency of handling large-scale commercial processing volumes for its merchant clients globally. For more information, please visit the Company's website at www.greenboxpos.com.

Forward-Looking Statements Disclaimer

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Examples of forward-looking statements include, among others, statements we make regarding: guidance relating to net income; anticipated customer onboardings; and expected operating results, such as revenue growth and earnings. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set out in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.

Investor Relations Contact
Mark Schwalenberg
MZ Group - MZ North America
312-261-6430
[e-mail]
www.mzgroup.us