Hodlnaut Pte. Ltd. (the Company) has attained an in-principle approval from the Monetary Authority of Singapore (MAS) for the grant of a Major Payment Institution license under the Payment Services Act 2019 for the provision of DPT services.

The Monetary Authority of Singapore (MAS) requires us to provide this risk warning to you as a customer of a Digital Payment Token (DPT) service provider. Before you pay your DPT service provider any money or DPT, you should be aware of the following.

1. Please note that you may not be able to recover all the DPTs you paid to your DPT service provider if the Company's business fails.
2. You should not transact in the DPT if you are not familiar with this DPT. This includes how the DPT is created, and how the DPT you intend to transact is transferred or held by your DPT service provider.
3. You should be aware that the value of DPTs may fluctuate greatly. You should transact DPTs only if you are prepared to accept the risk of losing all of the money you put into such tokens.
4. You should be aware that your DPT service provider, as part of its licence to provide DPT services, may offer services related to DPTs which are promoted as having a stable value, commonly known as "stablecoins".

Kindly note that the DPT borrowing and lending services provided by the Company are not regulated by the MAS under the Payment Services Act 2019.