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An individual investor, also known as a retail client, is a client organisation or individual who cannot be deemed both a Qualified Investor and a Qualified Client, pursuant to the requirements of the Israeli Securities Law 1968 (the ‘Securities Law’) and the Law for the Regulation of Advice, Investment Marketing and Investment Portfolio Management 1995 (the ‘Advice Law’), respectively. A Qualified Investor is defined under the Securities Law as:
<ol>
<li>A fund for joint investments in trust (i.e., mutual fund) as defined in the Joint Investment Trust Law, 1994, or a management company of such a fund;</li>
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<li>An entity wholly owned by persons Exempt Investors (as defined in the Securities Law).</li>
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An individual investor, also known as a retail client, is a client organisation or individual who cannot be deemed both a Qualified Investor and a Qualified Client, pursuant to the requirements of the Israeli Securities Law 1968 (the ‘Securities Law’) and the Law for the Regulation of Advice, Investment Marketing and Investment Portfolio Management 1995 (the ‘Advice Law’), respectively. A Qualified Investor is defined under the Securities Law as.

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The information on this website is aimed solely at Professional Investors in Hong Kong. It is not intended for use by any other type of investor. By agreeing to access the information contained on this website, you are deemed to be representing and warranting that you are a Hong Kong Professional Investor pursuant Section 1 of Part 1 of Schedule 1 to the Securities and Futures Ordinance (Cap. 571). Important note: Only spot trading in select markets is available in Hong Kong or to Hong Kong users.

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ApeCoin APE logo

<h4>ApeCoin (APE) is the native currency of the Bored Ape Yacht Club (BAYC) metaverse.</h4>
While the Bored Ape Yacht Club is a non-fungible token (NFT) collection that comprises 10,000 images of apes, APE is a fungible ERC-20 token with a maximum supply of 10 billion.

<ul>
<li>Yuga Labs is the original developer of Bored Ape Yacht Club.</li>
<li>The ApeCoin Foundation who officially launched ApeCoin is governed by a board that “administer[s] DAO proposals and serve[s] the vision of the community.” </li>
<li>The ApeCoin DAO, is a separate organizational unit governed entirely by token holders.</li>
</ul>

ApeCoin (APE) were airdropped to BAYC, Mutant Ape Yacht Club (MAYC) and Bored Ape Kennel Club (BAKC) NFT holders directly into their Ethereum wallets on March 16, 2022.

ApeCoin is a fungible governance token built on the Ethereum blockchain and offers membership to the ApeCoin DAO. It is also a utility token within the Yuga Lab ecosystem and other web3 decentralized applications and games. For example, holders of ApeCoin can also use the token to buy assets within the ApeCoin metaverse, such as virtual land in Yuga Labs’ NFT world, Otherside.

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Information on this page includes third party content. Such content has not been verified or endorsed by Bullish. Bullish does not warrant that such content is complete, accurate, up-to-date or appropriate for your intended use and Bullish is not liable for any errors or delays in updating such content or ensuring its availability. Any reliance on or interaction with such content is solely at your own risk. Material provided on this page is for informational purposes only and does not constitute investment advice. This information is not and should not be interpreted as a recommendation to buy, sell, or hold a digital or fiat currency or to use a particular investment strategy. You should conduct due diligence before deciding whether to transact in any digital asset or fiat currency. Any prices displayed are for illustrative purposes only. Not all digital assets may be available in all jurisdictions or to all types of customers. Please see the <a href="https://bullish.com/legal/risk-warnings/">Risk Warnings</a> for important additional information.
The Bullish Group and related parties engage in a range of businesses that may involve: trading their own assets on the Bullish exchange or elsewhere; holding or owning digital assets or fiat currencies or derivatives contracts traded on or off of the Bullish exchange; and participating in or performing other services and transactions on the Bullish exchange or that relate to activity on the Bullish exchange. In addition, the Bullish Group from time to time may enter into arrangements with digital asset issuers, sponsors and/or other third parties that may result in a direct or indirect benefit to the Bullish Group, including Bullish (GI) Limited, the operator of the Bullish exchange.  The scope of any such arrangement may include, for example, listing a digital asset, ensuring liquidity in a particular virtual asset market, providing other services in relation to a digital asset or receiving rewards for holding particular assets on the Bullish exchange. The Bullish Group and related parties may also make investments in issuers of digital currencies that trade on the Bullish Exchange; companies that develop the protocols or technologies on which digital assets traded on the Bullish exchange may rely; or companies that are active in ecosystems that may benefit from the trading of particular digital currencies on the Bullish exchange. The Bullish exchange has policies in place to manage conflicts of interest.