Media release

001 8am 28 August 2019

Draft – near final – seeing Matt on Monday

Crypto exchange opens offering insured custody for traders & investors
Australia’s latest crypto exchange and broker launched at Barangaroo today. Mine
Digital CEO, Grant Colthup, believes Mine Digital will set a new standard in the
Australian cryptocurrency market.

“There is interest in cryptocurrencies as a new asset, however, there are continuing

concerns about the secure storage of these assets. Given the institutional pedigree of
the team and advisors, we wanted to make sure our offering matched our aspirations.
As a result, we decided to partner with market leading digital asset platform provider
BC Group. The BC Group relationship provides best-in-class exchange technology in
ANXONE & access to OSL, Asia’s leading digital asset broker. By leveraging BC
Group's products and services, we'll be able to offer users insured custody, access to
market leading trading solutions, global liquidity and competitive fees. We believe that
our venue should resonate with serious traders & investors who are seeking
diversification away from traditional markets and their historically low levels of volatility.

“Our longer-term aim is to become a significant contributor in the APAC landscape as

we bring more services to market in 2019/20. Many of the leading crypto-to-crypto
exchanges originated out of the APAC region, but in terms of compliant/regulated
crypto-fiat venues, the region still lags North America and Europe. We want to fill that
gap,” said Mr Colthup.

Initially, Mine Digital will offer AUD, USD & USDT pairs across the Top 5 crypto
currencies: Bitcoin, Ethereum, Ripple, Litecoin and Bitcoin Cash. Over the next
12 months Mine Digital has an ambitious roadmap, with plans to roll out derivatives
(retail & institutional traders), expand its list of currencies, and develop a professional
trading academy that will focus on providing education to aspiring traders. “Our team
has extensive experience in trading and are passionate about markets. We benefited
from some exceptional mentors and are keen to help promote a new wave of risk
takers. We have several promising potential partnerships in this space and are excited
about future developments” said Mr Colthup.

In August, Mine was accepted as a Member Firm of the Gibraltar Stock Exchange
(GSX) across all classes of Securities (traditional & digital). Matt Starkey, Mine Digital
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COO notes “this strategic partnership with a world leading digital security exchange
further enhances Mines’ capability. GSX membership gives Mine Digital the ability to
attract, promote and raise capital for a wide variety of digital funds and securities”.

The Mine Digital executive team is backed by a first-class advisory board. The broader
Mine team has over 100 years of deep financial market experience covering major
asset classes, and most instrument types (from spot FX to exotic interest rate swaps)
in global Banks and Investment Banks, Insurers, Hedge Funds and Trading firms.

“We believe that Mine Digital is your gateway to the world of cryptocurrency & digital
assets. Mine represents the intersection of blockchain, technology and
cryptocurrencies with traditional financial market knowledge. We want to make risk-
managed crypto readily accessible, with secure infrastructure, to a variety of investors,
including individuals, professional fund managers, and SMSFs. The Mine team applies
its accumulated knowledge and expertise to deliver value to our clients” said Mr
Colthup.

Media contact:
Grant Colthup

CEO
Mine Digital
Sydney | Brisbane

0419 775 227

grant@minedigital.exchange

Distributed by Chris Hocking Strategies 0418 603 694

Grant Colthup CEO

Grant is an experienced and trusted finance professional. He has held positions with a global macro
hedge fund, Macquarie Bank, proprietary trading firm and IAG, Australia’s largest general insurance
company.

Grant has managed significant investment funds and trading books most recently co-managed
portfolios with FUM in excess of 10bn USD. Grant has been involved in cryptocurrencies for the past
several years and in that time has become a valuable member of the Australian blockchain
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community. Grant holds a dual degree in Commerce (Hons I) & Economics from UQ and was a PhD
candidate at UNSW focusing on portfolio management, decision making and market microstructure.

Matt Starkey COO

Matt Starkey started in financial markets in 1996 at Schroders Australia Limited. During his career,
he has held a number of positions at Royal Bank of Canada, JBWere and most notably he was a
Director and Proprietary Trader at Goldman Sachs.

Matt has worked at two macro hedge funds and more recently has been involved in the Retail FX
space and in conjunction with his role at Mine will remain as a Responsible Manager to Everforex
Financial.

About Mine Digital

Mine Digital Exchange is Australia’s new standard for Digital Asset trading and storage. We aim
to provide Australia’s fastest, most liquid and secure Digital Asset exchange. Mine believes that
digital assets & cryptocurrencies represent a generational regime shift and our mission is to
construct a venue that caters to the novice and expert alike. Mine, it’s your exchange.