Convert Ovato OVATO to Mt Pelerin Shares MPS

Ovato is a decentralized financial project with a singular focus on achieving mass adoption on a global scale for its utility coin, OVATO, by building a seamless, full-circle, and highly incentivized economy. The project is fundamentally about providing a next-generation digital currency designed for everyday, real-life use, serving as a secure, efficient, and appreciative alternative to traditional financial systems. The core function is to facilitate the exchange of value in a truly permissionless, non-custodial, and decentralized way, leveraging blockchain technology. Ovato addresses critical inefficiencies and high costs associated with conventional banking, particularly by offering a low-cost solution for merchants who face transaction fees as high as 9% to 18% in traditional systems.

Mt Pelerin is a regulated Swiss company specialized in services to facilitate using cryptocurrencies in self-custody. It is today one of the main actors helping users to buy cryptocurrencies directly on their own wallets, swap and bridge them, and cash them out without hassles. Expert in on-chain compliance, Mt Pelerin also provides services for HNWI: large purchases or cash outs, opening of Swiss private bank accounts, crypto lombard loans, DeFi yield and shares tokenization. Starting from 2025, Mt Pelerin offers personal IBANs that can be attached to any self-custodial wallets, enabling users to receive bank transfers from anyone directly in cryptocurrency, and send bank transfers to anyone using cryptocurrencies. The company also develops the self-custodial mobile wallet app Bridge Wallet. Mt Pelerin raised funds in 2018 through the world first public round offering real tokenized shares, the MPS token, which trades today on Ethereum and Gnosis Chain decentralized exchanges.