San Francisco, CA – 12/22/2023 – Metallicus Inc., a leading innovator in the fusion of traditional finance and blockchain technology, today announced the launch of Metal L2, a significant enhancement to the Ethereum network as part of its mission to develop the most customer-centric digital asset banking network.

Metal L2 joins the company's suite of products as a compliant scaling layer for Ethereum and a participant in the Optimism Superchain. This new layer is engineered to work in harmony with the foundational Layer 0 (METAL) and Ethereum Layer 1 (ETH), providing a seamless transition point for fiat currency into the crypto sphere for both consumers and businesses.

"Metal L2 is more than just a scaling solution—it's a commitment to the future of decentralized finance," said Marshall Hayner, CEO and co-founder of Metallicus Inc. "With Metal L2, we're bridging the best of Ethereum with the vast potential of our Metal ecosystem."

Metallicus has been at the forefront of the digital finance revolution, providing a range of services that address the need for a secure, compliant, and user-friendly interface between the traditional and digital economies. The company's offerings include the Metal Pay platform, which simplifies cryptocurrency transactions for everyday users, and the Metal X App, a fully decentralized exchange supporting a variety of DeFi functions.

The announcement of Metal L2 is a continuation of the company's vision to ensure that financial operations on the blockchain are as secure and private as those in the traditional banking world. The platform is designed to maintain privacy and provide a secure digital identity, with a strong focus on compliance that rivals traditional financial systems.

Alongside its consumer-facing products, Metallicus has innovated the Metal Blockchain, a foundational Layer 0 technology that empowers banks and fintechs to create bespoke subchains. These subchains are designed for the secure and effective management and communication of assets. Recent integrations with industry leaders like Fiserv, Temenos, and Jack Henry underscore the practical applications of Metal Blockchain in the current financial services landscape, solidifying Metallicus' status as a pivotal developer in the blockchain domain.

"We are not just building products; we are shaping an ecosystem where every element works in sync to provide the most comprehensive financial experience on the market," Hayner added. "With Metal L2, Metal Pay, Metal X App, and our Metal Dollar stablecoin, we're offering an all-encompassing solution."

The launch of Metal L2 marks a pivotal moment for Metallicus as it continues to extend its influence and leadership in the world of finance. The company invites all interested parties to explore the capabilities and benefits of Metal L2 and join the ecosystem that is setting new standards for the future of finance.

For more information about Metal L2 and Metallicus Inc.'s full suite of products, please visit Metal L2's website.

About Metallicus Inc. Based in San Francisco, Metallicus Inc. is a blockchain and fintech company that is reshaping how consumers and businesses interact with financial services. With a team rich in both traditional finance and cutting-edge technology, Metallicus is dedicated to delivering solutions that prioritize security, compliance, and seamless user experiences.