Hello Pal International Inc. announced that it has entered into a non-binding letter of intent with UniCrypt Group AG to collaborate on the provision of cryptocurrency services to users of Hello Pal's suite of mobile applications. The letter of intent provides that UniCrypt and Hello Pal will enter into a collaboration agreement (the "Collaboration Agreement") whereby the Company will incorporate UniCrypt's cryptocurrency-related services into the Company's Hello Pal suite of apps. The services to be provided include AML-5 compliant non-custodial digital wallets and the ability for users to trade cryptocurrencies and transfer their digital assets over UniCrypt's decentralized trading platform.

The letter of intent provides that UniCrypt and Hello Pal will enter into a collaboration agreement (the "Collaboration Agreement") whereby the Company will incorporate UniCrypt's cryptocurrency-related services into the Company's Hello Pal suite of apps. The services to be provided include AML-5 compliant non-custodial digital wallets and the ability for users to trade cryptocurrencies and transfer their digital assets over UniCrypt's decentralized trading platform.