Arax Cryptocurrency Wallet and COSS.io Announce World’s First Token Merger, and Create a Crypto One Stop Solution

June 2019, SINGAPORE –  Arax, a fintech and blockchain startup in Singapore has merged with COSS, one of Singapore’s most established cryptocurrency exchanges. The unified brand will be known as COSS – Crypto One Stop Solution. The merger also results in what is the world’s first token merger – a merger of the COSS and LALA utility tokens – to form a super-token which will be an asset combining all the features of its parent tokens. In the COSS + LALA token swap update, the companies announced that they will adopt the Crypto One Stop Solution brand with the vision that the merged product stack becomes one

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