Velocity Ledger Technology

Velocity Ledger Technology (Bermuda) Limited ("VL Tech"), is the sole wholly-owned subsidiary of Velocity Ledger Holding Limited ("VLHL"), all of which were incorporated in 2018 as Bermuda exempted companies limited by shares. VLHL is itself a wholly-owned subsidiary of Velocity Ledger Technology, Inc., a Delaware corporation ("VLTI" and, collectively with VLHL, VL Tech, and VL Financial, the "Velocity Ledger Group").