US Delaware MSB — Multi-State Money Transmitter Licenses, FinCEN Registered

Listing Details

Jurisdiction

United States

Regulator

FinCEN (U.S. Department of the Treasury) + State Money Transmitter Regulators

License Type

FinCEN Money Services Business (MSB) Registration + Money Transmitter Licenses (MTL) in 4 states

Entity Type

Delaware LLC — Active MSB, Multi-State MTL Coverage, Operational

Description

A Delaware-formed limited liability company, registered as a Money Services Business with FinCEN and licensed as a money transmitter in multiple U.S. states. The company became operational following a pre-operational setup period during which it secured its FinCEN registration and initial state licensing, established its compliance framework, and completed its operational and banking infrastructure. Jurisdiction United States (Delaware LLC) — licensed to operate in Washington, Oregon, the District of Columbia, and Illinois. Business Activity Principally engaged in over-the-counter trading of digital currencies on a proprietary basis. Licensing Status Active FinCEN MSB registration covering money transmitter activity in Washington, Oregon, the District of Columbia, and Illinois. State money transmitter licenses approved and in good standing across all four jurisdictions, administered through the Nationwide Multistate Licensing System (NMLS). Compliance Profile Clean regulatory and financial profile, with no adverse findings in compliance audits to date, and unqualified (clean) audit opinions on annual financial statements from third-party professionals. Ownership History The company has undergone several ownership changes since formation; all transfers have involved parties affiliated with the current ownership group, with no unrelated external members at any stage. Full ownership history available on request. Management Current management team is expected to be replaced following completion of the transaction, giving the buyer a clean slate for governance and compliance leadership. IT System — Important The platform currently in use was developed by an affiliate of the seller's group. A buyer would acquire the licensed entity itself but not ownership, licensing rights, intellectual property rights, or usage rights to this platform. Continued use would require a separate commercial agreement with the developing affiliate, to be negotiated independently. Service Providers The company maintains relationships with third-party providers for audit, compliance, and technology services, with access to industry-standard blockchain analytics and compliance screening tools. Following completion, the buyer may independently determine whether to retain or replace existing service providers.

Key Highlights

• Active FinCEN Money Services Business (Money Transmitter) registration
• State money transmitter licenses in Washington, Oregon, the District of Columbia, and Illinois
• Washington license also covers currency exchange
• All four state licenses approved and in good standing, administered through NMLS
• No adverse findings in compliance audits to date
• Unqualified (clean) audit opinions on annual financial statements
• Ownership transfers only ever among affiliated parties — full history available on request
• Management expected to be replaced at completion — clean slate for the buyer
• IT platform not included — separate commercial agreement with the developing affiliate required