TechFinancials announced that the CEDEX blockchain diamond exchange ("CEDEX") has gone live in Beta mode, allowing investors to trade diamonds as a financial asset class. TechFinancials has a 2% interest and an option to acquire a further 90% of Cedex Holdings Ltd, the holding company for the CEDEX blockchain-based online exchange for diamonds which would give TechFinancials up to 92% of CEDEX or 87.4 % on a fully diluted basis. CEDEX allows investors to securely and easily trade in digitized diamonds (DDC - Digital Diamond Certificate), while enabling diamond holders to liquidate their assets. Using the innovative DEX proprietary algorithm and blockchain technology, CEDEX has overcome the three main obstacles that have prevented diamonds from becoming a tradable asset class: lack of transparency, liquidity and standardization. In order to overcome these obstacles, CEDEX has focused on the following activities over the past six months: Developing the proprietary DEX algorithm and building the diamond commodity exchange in conjunction with TechFinancials; Establishing business relations with diamond dealers in order for them to supply the initial diamond inventory on the CEDEX platform, which will comprise over 2000 diamonds in specific categories, at the time of the launch; Constructing the complex logistic business solution to support the product launch, including setting up business relations with custodians, GIA (Gemological Institute of America) and shipping partners; and Obtaining the legal approvals to offer the phase one product worldwide.