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TORONTO, Jan. 23, 2020 (GLOBE NEWSWIRE) — Blockchain Foundry Inc. (“BCF” or the “Company”) (CSE:BCFN) (FWB:8BF) (OTC:BLFDF), a leading North American blockchain development firm, is pleased to announce that it has joined the 2Token project, partnering with other industry leaders such as the Syscoin Foundation, Ocean Protocol, Dusk, Odyssey and more, with the support of the European Union and the Dutch government.

The purpose of the 2Token project is to define clear rules and guidelines on how to deal with asset tokenization. Together with relevant industry partners, the 2Tokens project aims to achieve a common perspective and understanding of the benefits of tokenization.

“We are excited to participate in the 2Token project which will help Blockchain Foundry share its vast tokenization expertise to help structure standards and guidelines for organizations and further assist them in achieving their tokenization goals,” said Dan Wasyluk, CEO of BCF. “Our membership in the 2Token project will help us reach a new audience which understands the benefits of tokenization and has the potential to introduce new partners and clients to BCF.”

About Blockchain Foundry Inc.

Blockchain Foundry develops and commercializes blockchain-based business solutions and provides consulting services to corporate clients seeking to incorporate blockchain technology into their businesses.

Blockchain Foundry Contact Information:

Chris Marsh
President
(647) 330-4572
[email protected]

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Forward-Looking Information

Certain portions of this press release contain “forward-looking information” within the meaning of applicable Canadian securities legislation, which is also referred to as “forward-looking statements”, which may not be based on historical fact. Wherever possible, words such as “will”, “plans,” “expects,” “targets,” “continues”, “estimates,” “scheduled,” “anticipates,” “believes,” “intends,” “may,” “could,” “would” or might, and the negative of such expressions or statements that certain actions, events or results “may,” “could,” “would,” “might” or “will” be taken, occur or be achieved, have been used to identify forward-looking information.

Forward-looking statements should not be read as guarantees of future events, future performance or results, and will not necessarily be accurate indicators of the times at, or by which, such events, performance or results will be achieved, if achieved at all. Readers should not place undue reliance on such forward-looking statements, as they reflect management’s current views with respect to future events and are subject to risks and uncertainties and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by BCF are inherently subject to significant business, economic, regulatory, competitive, political and social uncertainties, and contingencies. Many factors could cause BCF’s actual results, performance or achievements to be materially different from any future results, performance, or achievements that may be expressed or implied by such forward-looking statements.