ERB LIGA Signs Investment Agreement Worth USD 1 Billion with McKINLEY
ERB LIGA Signs Investment Agreement Worth USD 1 Billion with McKINLEY
  • Staff reporter Jung Jin-kyu
  • 승인 2020.02.07 14:06
  • 댓글 0
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Chairman Eom Meen of ERO Platform & ERB LIGA Exchange

  McKINLEY Investment, LLC. USA, a global financial group which has been recently attracting much attention for signing ‘Agreement for Asset and Accounting Due Diligence’ for acquisition of Alpensia, signed a large-scale investment agreement with a foreign company founder of which is Korean.

According to our investigation, the company in question is ERO (Exchange Right Offering) Platform, which is an asset liquidation platform, and it signed the investment and share transfer agreement worth USD 1 billion with McKINLEY Investment, LLC. USA in October 2019. Relationship between ERO Platform and McKINLEY Investment, LLC. USA started with PDG (Project Default Guarantee) contract initially worth USD 4.17 billion (expansion to USD 16.7 billion is planned) in August 2019.

The investment worth USD 1 billion confirmed in October will be utilized for business building and ecosystem expansion of ERO Platform. ERO Platform is currently proceeding with ‘Dubai Plan’, which will become the spearhead of the financial revolution, with the investment. Under the close consultation with the partner in Dubai, ERO Platform is making preparations to allow for 1 on 1 exchange between EMCS, the exchanging token of the Platform, and Dirham, the legal tender of the United Arab Emirates, and acquire a bank in a third country and establish ERB Bank (tentative name).

ERO Platform is implementing the plan to allow for free exchange between cryptocurrencies and legal tender through the ecosystem consisting of ‘ERO Platform - Dubai partner - ERB Bank’ and expand the scope of ERO Platform. For expansion of the global business and successful settlement of ‘Dubai Plan’, ERO Platform is currently moving its headquarters in Estonia to Dubai.

ERO Platform has provided liquidity to companies in need for finance by issuing ERB Coin and project tokens. Companies in need for finance can be provided with the required fund through the project tokens issued by ERO Platform’s review. Investors purchasing the project tokens can be guaranteed their initial investment even when the project fails and the corresponding project token is delisted, through PDG Program. The world’s first safe investment environment in which the investment is protected is the unique advantage of ERO Platform that has enough merits to attract the attention of global investors.

ERO Platform personnel said, “Remittance procedure for the investment is in progress without any problem in accordance with the agreed schedule and shall be completed within a few days.” The personnel added, “Because the existing system is providing liquidity based on credit, even promising young venture companies and projects with potentials had to face difficulty in attracting investments. With the USD 1 billion investment from McKINLEY Investment, LLC. USA, ERO Platform is realizing the philosophy of Chairman Eom Meen to liquidate all the assets in the world regardless of the credit and innovate the international financial system.”

Staff reporter Jung Jin-kyu  seoulcity07@naver.com

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