UMF Group Inc. provided this update regarding the development and planned launch of its CryptoSecure cryptocurrency wallet application. Through the acquisition of BitBao Group Inc. in November 2017, UMF Group entered the blockchain powered cryptocurrency sector. BitBao is currently completing development of the CryptoSecure application and related infrastructure. With booming interest in Bitcoin and other blockchain based virtual currencies bringing millions of new users into the marketplace very quickly, the need has never been greater for mass adoption of highly secure solutions to buy, sell, and store coins, commented Sean Ross, President of UMF Group Inc.Especially considering the recent well-publicized hacks at several cybercurrency exchanges, the CryptoSecure HD Wallet application is exactly what's needed to more securely store cryptocurrencies and instantly transact them with anyone in the world. CryptoSecure is a next-generation Hierarchical Deterministic (HD) wallet designed to manage, transact, and storea variety of digital currencies including Bitcoin, Ethereum, and Litecoin. CryptoSecure enables digital currency owners to stay in charge of their own money, while helping them to navigate complicated cryptocurrency ecosystems with the assistance of company's support team. CryptoSecure will feature numerous capabilities that will make buying, selling, and storing cyber currencies easier and more secure, including the use of sophisticated highly-secure Hierarchical Deterministic addresses, multi-signature withdrawal, time-delayed withdrawals, wallet backups, and seamless buying and selling of a growing list of cryptocurrencies. CryptoSecure is expected to be available globally in 140+ countries in 25+ languages with 20+ currency conversion rates, including JPY, RUB, SGD, USD, CNY, EUR, GBP, and many more. The Company anticipates that CryptoSecure will be available for Android, though the Google Play Store and iOS, through the Apple App Store, and on Windows, Mac OS, and Linux. The CryptoSecure HD Wallet app is currently in the late stages of development and beta testing. The Company anticipates launching CryptoSecure in the next few weeks.