ARQ is a financial technology company, not a bank. Banking services are provided by Regent Bank, a member of the FDIC. FDIC insurance only covers the failure of insured depository institutions. Certain conditions must be met for FDIC deposit insurance to apply on a pass-through basis.
Virtual asset services are provided in Argentina by DolarApp México S.A. de C.V., a Virtual Asset Service Provider (VASP), registered under No. 92 dated November 20, 2024, in the Registry of Virtual Asset Service Providers of the CNV. This registration is for purposes of oversight as an Obligated Subject before the Financial Information Unit (UIF) and any other competent regulatory authority, within the scope of their respective powers, and does not imply licensing or supervision by the NATIONAL SECURITIES COMMISSION (CNV) over the activities carried out by the VASP.
Services related to local accounts and payments in Argentine pesos are provided by Garpa S.A., CUIT No. 30-71658957-5. Garpa is a Payment Service Provider and is not authorized by the Central Bank of the Argentine Republic to operate as a financial institution. Funds deposited in payment accounts do not constitute deposits in a financial institution and are not subject to any of the guarantees that such deposits may have under applicable laws and regulations governing deposits in financial institutions.
Users' balances in Argentine pesos may be invested in the mutual fund known as MEGAQM Pesos, managed by MEGA QM S.A. (management company) and held in custody by BANCO DE SERVICIOS Y TRANSACCIONES S.A. (custodian). For subscription and redemption purposes, intermediation services will be provided by DMA Broker S.A., a Self-Clearing and Settlement Agent No. 236 and an Agent for Placement and Comprehensive Distribution of Mutual Funds (ACDI) No. 151, registered with the National Securities Commission.
