Fernhill Corp (OTC Markets:FERN), a Web3 Cloud Based Infrastructure platform focused on providing APIs for digital asset trading, NFT marketplaces and data aggregation solutions, is pleased to provide the following corporate update.

Fernhill Corp is pleased to make a big announcement that MainBloq Cloud has just launched as a newly rearchitected version of its platform that can connect users with over 50 digital asset exchanges and DeFi venues. This next generation platform is based upon Microservices, Cloud based, Modular Plug-in architecture which is geared to be highly scalable, incredibly stable, and have extensive interoperability with a wide range of other platforms and partners. MainBloq Cloud is also built to be delivered via API, a White Label basis, or On-Premise based upon the needs of institutional and enterprise clients and their preferred deployment requirements.

We are now stronger as a unified team with one mission and one vision,” said Ryan Kuiken, CEO of MainBloq. With the recent volatility in the market and removal of our former CTO, it enabled us to take a step back and look at our platform through a different lens, which has set us up to create a more stable and scalable product leveraging the latest technology and the new microservices architecture. Were very excited about MainBloq Cloud and its future potential!

Although losing a CTO can be detrimental to growing a company, and it did set the company back a bit on its timelines and resources, in this case, moving on has already had a very positive impact. Most importantly, the technology has advanced by leaps and bounds under the new development team led by Fernhills VP of Engineering, Nathanael Coonrod.

Fernhill President Marc Lasky added At this point, the development is being done based upon the highest of standards and professionalism, which includes the proper integration of unit testing and software documentation which has created a superior product that is leading to a far better user experience. In fact, with the feedback we are receiving, users are expressing greater satisfaction. This new, more stable platform will also enable the Company to better market its services to targeted institutions and enterprise clients that seek professional digital asset trading solutions and data aggregation tools. This has already led to a much more engaged sales team at MainBloq given the dramatic improvements to the platform and the increased quality of the product.

About Fernhill:

Fernhill Corp is a Web3 Cloud Based Infrastructure provider focused on providing APIs for digital asset trading, NFT marketplaces and data aggregation solutions. Fernhill is a Signatory Member of the Crypto Climate Accord (CCA) and a Principal Member of the Metaverse Standards Forum.

For all official Fernhill corporate information, please refer to our filings, news and updates on the following resources:

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About MainBloq:

MainBloq, a division of Fernhill Corporation ($FERN), is a digital asset connectivity platform that is integrated with leading digital asset trading venues exchanges to serve the needs of institutional clients around the world. MainBloq offers a modular platform including a smart order router, suite of execution algorithms, FIX / WebSocketSOCKETS / and REST gateway, and consulting services to help banks and hedge funds execute on their trading strategies. For more information please visit the MainBloq Website www.mainbloq.io

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Company Contact Information: [email protected] or [email protected]

Any other links are not official & should be taken as such nor have anything to do with Fernhill Corp or its subsidiaries.

 

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Forward-Looking Statements

This release includes forward-looking statements’ within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute forward-looking statements.’ Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words estimate’, project’, intend’, forecast’, anticipate’, plan’, planning’, expect’, believe’, will likely’, should’, could’, would’, may’ or words or expressions of similar meaning. Such statements are not guaranteeing of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company’s ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company’s limited operating history, the limited financial resources, domestic or global economic conditions, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced vendors, services or components, and various other factors beyond the Company’s control.