The CGX token was carefully established on the Stellar blockchain, featuring cross-bridging to other major blockchain networks by the CryptoG Group. This initiative serves as a special-purpose vehicle focused on a global wealth distribution strategy, designed to benefit not only our token holders but also the broader community. Our journey commenced in 2020, marked by several prior attempts to refine our approach. We have now updated a comprehensive roadmap that features a significant milestone scheduled up to Q4, 2026.

This event represents a crucial turning point for our initiative. Upon obtaining final approval from our board and partners, CryptoG Group is poised to initiate the liquidation of its Bitcoin (BTC) holdings. This process already began on November 5, 2024, with the conversion of a specified percentage of our holdings into the native token of the Stellar network, XLM. The first phase of the liquidation process involves the release of 30,000 BTC, which, at the time of writing, is valued at approximately $3.5 billion. Of this total, fifty percent will be allocated to a value-locked liquidity pool created explicitly for the token on the Stellar network. This liquidity pool is essential to maintaining market stability and providing ongoing support for the token. The remaining portion of the initial tranche will be directed towards a token buyback initiative and the development of our DEX and crypto bank.

Looking ahead, we anticipate that the total BTC liquidation could reach our total holdings of 1.1 million BTC, equivalent to about $100 billion - $200 billion (depending on BTC current price). This target is set not only to enhance the liquidity of BTCVAULT but also to create a transformative opportunity for millions of individuals worldwide to benefit from this initiative. Currently, all BTC holdings are secured and ready for deployment into the liquidity pool for this token. This strategic move is designed to enhance liquidity effectively during the initial 100 days of the liquidation event, ensuring that token holders can confidently engage in the marketplace with robust support. In summary, this initiative represents a significant advancement in wealth distribution, offering a unique opportunity for our community. We are committed to transparency and collaboration as we navigate this transformative process, intending to create lasting value for all parties involved.