Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Wednesday, July 28 2021 - 07:43
The World's First Social Impact Cryptocurrency ELONGATE Announces Incorporation
BERN, Switzerland, July 28, 2021 /PRNewswire-AsiaNet/ --

The social impact cryptocurrency Elongate announces full incorporation in a 
multi-entity structure. The highly anticipated incorporation of Elongate became 
official this week as their two newly formed bodies set to launch. In detail, 
Elongate will form as two legally independent and collaborative entities with 
the first being the EG Association which will focus on governing social impact 
activities such as donations, charity events, fundraising, etc. The second 
entity will be ELONGATE Global which will focus on governing the technology 
platforms and disruptive technological development.

Lorenzo Andree will now take on the role of the President and Founder of the EG 
Association leading the real-world global social impact work that Elongate has 
come to be known for. The board of the EG Association will consist of Armin 
Keyani, Malik Bakrim, Eugeniu Cujba, and additional board members that have yet 
to be named. Of equal importance, the ELONGATE Global is built upon a 
leadership board that consists of Hasan Aziz, Rani Barbara, Alexander Gambon, 
Brian Lobeda, Gene Rhode, and Austin Worrell. The two entities, though legally 
distinct, will work together with an overall shared vision and mission to 
create a lasting social impact by continuing to redefine the power of 

Hasan Aziz, who currently leads the overall operations for Elongate, says: "For 
Elongate, incorporation means that the cryptocurrency is able to achieve its 
life-changing social impact goals by having a dedicated team of experts from 
around the world. I am confident that the two entities can effectively work 
together to shape the future and direction of Elongate.

Elongate's Chief Brand Officer Alexander Gambon had this to say, "With the 
incorporation finally complete, we can accelerate on quite a number of exciting 
things, especially focused on the token, our community, and our shared mission 
to create lasting social impact. This is just one massive stepping stone for 

Visit the Elongate website and learn more about the world's first and biggest 
charitable cryptocurrency that is transforming the world through social impact:


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