Sigma International Group

Founder's Narrative

MC

I'm Martin Cruz, Founder and CEO of Sigma International Group. After years living in El Salvador, I've seen a nation transforming — but still constrained by traditional banking systems that reject digital innovation and restrict access to capital.

Local banks, functioning as an exclusive network, resist government modernization efforts and limit most citizens and foreigners' access to financial services. To address this, the government launched the Banca de Inversión, also known as Bitcoin Banks, enabling new financial institutions to compete directly with traditional banks under clear regulatory frameworks during the ongoing infrastructure and technological boom.

Sigma was born within this new framework. We're building the infrastructure that democratizes investment, bridges global capital with real-world assets, and empowers Salvadorans and Latin Americans to participate in transparent, decentralized finance.

With reverse migration accelerating — over 60% of Salvadorans abroad planning to return — and a housing deficit surpassing 450,000 homes and growing by 25,000 yearly, El Salvador stands at a pivotal moment.

Sigma is here to capture that momentum — turning infrastructure, housing, and innovation into accessible investment opportunities for everyone.

— Martin Cruz

Founder & Chief Executive Officer

Sigma International Group S.A. de C.V.

1. Executive Summary

Company Overview

Founded April 2025

Sigma International Group S.A. de C.V. is a Salvadoran financial-technology company developing Latin America's first integrated tokenization and Digital Asset Exchange (DAE) platform. Sigma bridges real-world assets with blockchain markets through compliant tokenization, custody, and trading infrastructure.

Mission Statement

To democratize access to global investment opportunities by enabling the tokenization, trading, and settlement of real-world assets — including real estate, energy projects, commodities, art, and environmental assets — within a secure, auditable, and regulation-ready ecosystem.

🏛️ Regulatory Advantage

Operating under El Salvador's 2023 Digital Asset Law, offering legal certainty and compliance.

🚀 First-Mover Position

First institutional-grade tokenization platform in El Salvador.

👥 Proven Leadership

15+ years of combined financial, regulatory, and technology expertise.

📊 Market Opportunity

$4.2T regional asset base with $65–80B tokenization potential.

2. Institutional Backing & Government Support

Sigma operates with formal written support from key government institutions and strategic partners, providing unparalleled regulatory certainty and operational foundation.

🏛️ CNAD

Comisión Nacional de Activos Digitales

Digital Asset Commission – regulatory partnership and official support

🎯 PROESA

Invest El Salvador

Investment promotion and market-entry support

🏦 BCR

Banco Central de Reserva de El Salvador

Central-banking partnership ensuring financial stability and compliance

💼 Ministerio de Hacienda

Ministry of Finance

Tax-policy collaboration and financial coordination. Registration # 360443-0

⚖️ ECIJA Legal

Legal Counsel

Legal counsel, regulatory compliance, and securities-law expertise

💻 Teknergy Inc.

Technology Partner

Technology development partner and platform infrastructure

3. 90-Day Action Plan – Use of Funds

Objective: Convert seed investment into tangible progress through team expansion, regulatory compliance, and product readiness.

Phase 1 – Foundation & Leadership (Days 1–30)

Goal: Establish Sigma's executive, legal, and operational foundation while resuming Exchange Platform development with Teknergy Inc., achieving 60% completion.

Executive Leadership Team

👨‍💼 Martin Cruz

Chief Executive Officer (CEO)

Founder of Sigma International Group. 15+ years in finance; previously scaled an auto-finance firm to $29M AUM. Leads strategic direction and regulatory engagement.

💰 Josh Alballero

Chief Financial Officer (CFO)

Founder of IOOGO Inc.; raised $7.6M and achieved $10M+ in fintech revenues. Expert in capital structuring and growth modeling.

🎯 Emile B. Roques

Senior Strategic Advisor

Over 40 years of international experience in finance and entrepreneurship. Provides strategic oversight and investor confidence.

⚡ Felipe Bolaños

Chief Technology Officer (CTO)

Founder of MyneFlow.com. Blockchain developer and smart-contract architect specializing in tokenization infrastructure.

⚙️ Nancy Campos

Director of Operations

20+ years of experience in operations and administrative management. Oversees daily execution and compliance.

⚖️ Nathania Prieto

Legal & Compliance Advisor

With ECIJA Legal. Expert in digital-asset law, AML/KYC compliance, and regulatory affairs.

🎯 Key Actions – Days 1–30

• Resume Exchange Platform development with Teknergy Inc. → 60% completion target
• Begin Tokenization Platform design and architecture (initiation stage)
• Finalize executive and advisory appointments
• Establish governance structure and compliance oversight
• Hire 4 technical and business staff
• Prepare CNAD registration package
• Initiate brand positioning campaign

✅ Outcome

By Day 30, Sigma will have:

• Fully operational executive leadership team
• Exchange Platform at 60% completion
• Tokenization Platform in early design stage
• Legal and operational frameworks established

Phase 2 – Development & Regulatory Filings (Days 31–60)

Goal: Advance Exchange Platform to 75% completion, initiate Tokenization Platform development to 25%, and submit formal CNAD and BCR applications for review.

💻 Technical Development

• Exchange Platform → 75% completion
• Tokenization Platform → 25% progress
• Internal functionality testing
• Deploy admin dashboards

⚖️ Legal & Compliance

• Submit DASP application to CNAD
• File documentation with BCR
• Conduct AML/KYC stress test
• Initiate licensing framework

📢 Marketing & Operations

• Develop brand narrative
• Launch "Built in El Salvador" campaign
• Stakeholder briefings
• Define SLA procedures

📊 Outcome by Day 60

Exchange Platform 75% complete, Tokenization Platform 25% in development, CNAD and BCR filings officially submitted, and marketing communications active across investor and institutional channels.

Phase 3 – Testing, Compliance & Prelaunch (Days 61–90)

Goal: Complete the Exchange Platform (100%), advance Tokenization Platform to 40%, and prepare for Q2 2026 beta testing and prelaunch validation.

🚀 Technical Milestones

• Exchange Platform → 100% completion
• Tokenization Platform → 40% completion
• Internal pilot testing with partners
• Prepare beta test environment

✅ Legal & Regulatory

• Compliance validation audit
• Submit amended documentation
• Begin licensing documentation
• Ensure AML/KYC approval

📈 Marketing & Prelaunch

• Launch "Beta Countdown" campaign
• Prepare press kit and materials
• Engage pilot clients
• Coordinate synchronized announcement

🎯 Final Outcome by Day 90

Exchange Platform 100% complete entering beta testing in Q2 2026, Tokenization Platform 40% developed progressing toward 100% completion by end of Q2 2026, all legal filings in process, and marketing campaigns active for Q3 2026 public launch.

Extended Roadmap Milestones

Timeline	Exchange Platform	Tokenization Platform	Key Events
Q2 2026	Beta testing with institutional partners	100% complete, in testing phase	CNAD/BCR validation, compliance approval
Q3 2026	Public launch	Prelaunch and market entry	Official Sigma announcement, onboarding issuers
Q4 2026	Scaling operations regionally	Expanding asset classes	Cross-border pilot tokenizations begin

4. Company Overview

🏢 Corporate Structure & Legal Framework

Legal Entity: Sigma International Group S.A. de C.V.

Jurisdiction: El Salvador

Founded: April 2025

Legal Counsel: ECIJA Legal

Compliance Framework: Digital Asset Law (2023)

Headquarters: San Salvador, El Salvador

Technology Partner: Teknergy Inc.

IP Ownership: Fully retained by Sigma

🏗️ Pilot Project

PRODISA 5, a Mexican-Central American real-estate developer, will tokenize its first apartment building project in El Salvador through Sigma's platform — serving as proof of concept and market validation.

5. Market Analysis

$3.7T → $10.9T

Global Tokenization Market

2024 → 2030 (19.8% CAGR)

$4.2T

Latin American TAM

Total Asset Market

$65-80B

SAM Opportunity

1-2% tokenization rate

🇸🇻 El Salvador: A Nation of Growth and Opportunity

El Salvador presents the strongest environment for real-world-asset tokenization in Latin America, combining regulatory clarity, fiscal incentives, and macroeconomic stability under its Digital Asset Law framework.

📊 Key Statistics

• Housing deficit: ~450,000 units
• Growing by 25,000 annually
• 60% reverse migration rate
• Rapid economic expansion

🎯 Sigma's Target

SOM: $500M by 2030

These conditions directly support Sigma's mission to tokenize real estate and infrastructure projects, enabling both local and international investors to participate in the nation's modernization.

6. The Sigma Solution

Sigma delivers a full-stack tokenization ecosystem that covers every stage of the asset lifecycle — from origination to secondary-market trading — enabling transparency, compliance, and accessibility for investors and asset owners alike.

💱 SIGMA Exchange

Digital Asset Trading Platform

A high-performance exchange enabling real-world assets (RWA) to be traded digitally with the same efficiency as traditional securities.

• Trading Engine: Institutional-grade with advanced order matching
• Multi-Currency: BTC, ETH, USDT, and USD pairs
• Settlement: Instant T+0 blockchain settlement
• Security: Smart-contract automation and full auditability

🔬 SIGMA Tokenization Labs

Real-World Asset Conversion

End-to-end legal, technical, and financial structuring for compliant asset tokenization.

• Legal Structuring: SPV creation and KYC/AML integration
• Smart Contracts: ERC-3643/ERC-1400 standards
• Token Economics: Custom governance and revenue distribution
• Due Diligence: Asset verification and documentation

🔐 SIGMA Custody

Institutional-Grade Digital Asset Security

Comprehensive storage and insurance solutions ensuring full protection of client assets.

• Multi-Signature Wallets: Enterprise-grade architecture
• Cold Storage: Offline key management and redundancy
• Insurance Coverage: Protection against theft or compromise
• Audit Trail: Complete transparency and reporting

🎯 The Result

A fully integrated ecosystem built for institutional trust, regulatory clarity, and mass adoption — positioning Sigma as Latin America's first end-to-end tokenization infrastructure provider.

7. Business Model & Revenue Streams

Sigma operates a diversified, high-margin business model designed to capture value across every stage of the tokenization lifecycle — from asset onboarding to trading, custody, and technology licensing.

💰 Revenue Breakdown

55%

Trading Revenue

Transaction fees (0.5-1.0%), spread capture, premium analytics

30%

Tokenization Services

Setup fees $50K-$500K per project, legal structuring, compliance

10%

Custody & Security

Annual AUM fees (0.5-2%), transaction processing, insured storage

5%

SaaS & Licensing

API access, platform licensing, white-label solutions

🚀 Key Advantages

• Recurring Revenues: Transactional and custody fees ensure steady cash flow
• Scalable Margins: Digital operations allow rapid growth without proportional cost increases

• Institutional Demand: Each new asset class multiplies transaction potential
• Regional Expansion: Model replicates easily across Latin America's regulated hubs

8. Technology & Infrastructure

Sigma's platform is engineered for institutional-grade performance, security, and compliance, combining scalable blockchain infrastructure with the discipline of traditional finance. It is fully aligned with El Salvador's Digital Asset Law, designed to meet the needs of regulated institutions, and adaptable for expansion across Latin America.

🤝 Development Partnership

Technology Partner: Teknergy Inc.

IP Ownership: 100% retained by Sigma

Development Progress: 40% complete

Target Launch: Q3 2026

Core Focus: Tokenization engine, smart-contract automation, custody integration, institutional trading infrastructure

⚡ Technical Architecture

Performance: 100,000+ TPS throughput capacity

Uptime: 99.9% SLA

Latency: Sub-10ms execution speeds

Standards: ERC-3643 / ERC-1400 protocols

Interoperability: BTC, ETH, USDT support

🔒 Security & Compliance

• Encryption: End-to-end AES-256 with multi-signature authorization
• Custody Framework: Cold storage, redundancy, and insured protection

• Audit Trails: Immutable transaction records and API-based reporting
• Compliance: CNAD, BCR, and FATF guidelines adherence

Strategic Advantage: Sigma's technology infrastructure bridges regulatory compliance, blockchain scalability, and institutional trust, positioning it as the first end-to-end tokenization ecosystem built for Latin America's digital-asset economy.

9. Competitive Advantage

Sigma International Group is strategically positioned as the first fully compliant, government-aligned tokenization and digital-asset exchange platform in Latin America. Its competitive edge is built on three fundamental pillars — Regulatory Trust, Institutional Infrastructure, and Market Timing — creating a defensible leadership position in the region's rapidly evolving financial ecosystem.

🏛️ 1. Regulatory Trust

• Developed under El Salvador's Digital Asset Law (2023) — one of the world's most advanced tokenization frameworks
• Active collaboration with CNAD, BCR, and Ministerio de Hacienda
• Supported by Banca de Inversión (Bitcoin Banks) initiative

🏗️ 2. Institutional Infrastructure

• End-to-End Ecosystem: Tokenization Labs + Exchange + Custody
• Custody Framework: Insured, audited, cold-storage protected
• Liquidity Backbone: High-volume trading pairs in BTC, ETH, USDT

⏰ 3. Market Expertise & Timing

• First-Mover Advantage: Operating from the world's first Bitcoin nation
• Regional Expansion Readiness: Scalable across Guatemala, Panama, Mexico
• Economic Tailwinds: Reverse migration and 450,000+ housing deficit

🎯 4. Strategic Differentiation

Unlike emerging competitors that focus solely on trading or isolated DeFi projects, Sigma bridges regulated finance with blockchain infrastructure, creating a platform that:

• Operates under clear government supervision
• Enables institutional participation and investor protection
• Converts real-world economic growth into digital-market access

💡 In Essence

Sigma merges the trust of traditional finance with the efficiency of blockchain, positioning itself as the backbone of Latin America's transition into a transparent, inclusive, and tokenized economy.

10. Financial Projections (2026 – 2031)

Sigma's financial trajectory reflects rapid scalability following its platform launch in Q3 2026, with profitability achieved in 18 months and expanding returns through regional market adoption. The projections below assume steady onboarding of institutional clients, growing AUM, and expansion across Central America and Mexico under El Salvador's regulatory umbrella.

📊 Five-Year Financial Forecast

Year	2026	2027	2028	2029	2030	2031
Revenue	$200,000	$1,200,000	$6,800,000	$18,000,000	$36,000,000	$52,000,000
Return Multiple	0x	0.4x	2.2x	5x	10x	14x
EBITDA	($1,600,000)	($1,200,000)	$2,600,000	$9,500,000	$21,000,000	$30,000,000
EBITDA Margin	-800%	-100%	38%	53%	58%	60%
AUM	$5,000,000	$25,000,000	$120,000,000	$300,000,000	$500,000,000	$750,000,000

Key Financial Highlights

Break-Even: Achieved within 18 months post-launch (Q1 2028)

Target EBITDA Margin: Sustained above 58–60% from 2030 onward

Assets Under Management: Expected to reach $750M by 2031

Revenue Composition (2031)

Tokenization Fees 30%

Trading Commissions 40%

Custody & AUM Fees 20%

SaaS Licensing 10%

📈 Investor Outlook

By 2031, Sigma transitions from a first-mover innovator to a regional infrastructure leader, operating across multiple jurisdictions under a unified compliance standard. Early investors are projected to achieve 14x returns, supported by high EBITDA margins, a growing institutional user base, and dominant market positioning in Latin America's tokenized-asset sector.

12. Market Context & Expansion Strategy

🌎 Regional Opportunity

Latin America is entering a new era of digital financial transformation, driven by favorable fintech legislation, expanding blockchain adoption, and record remittance flows. El Salvador — through its Digital Asset Law (2023) and Banca de Inversión (Bitcoin Banks) framework — has become the benchmark jurisdiction for compliant digital-asset innovation.

Sigma International Group, born within this environment, is strategically positioned to export its regulatory blueprint, technology, and institutional-grade tokenization model across the region as similar frameworks emerge.

🚀 Expansion Roadmap

Phase	Region	Timeline	Strategy	Key Objective
Phase I	El Salvador	2025 – 2026	Complete platform build-out, obtain CNAD licensing, and launch first commercial tokenization pilot (PRODISA 5).	Establish Sigma as the nation's flagship tokenization infrastructure.
Phase II	Latin America & North America	2027 – 2031	Scale Sigma's compliance-ready infrastructure into markets adopting favorable fintech and digital-asset laws. Form partnerships with regional banks, sovereign funds, and fintech accelerators.	Become the first multi-jurisdictional tokenization and exchange ecosystem across the Americas.

🎯 Strategic Positioning

Policy-Driven Growth

Sigma expands only where digital-asset and fintech regulations enable secure, compliant operations.

Replicable Infrastructure

Built on ERC-3643 / ERC-1400 token standards — instantly adaptable to emerging legal frameworks.

Institutional Partnerships

Collaborating with banks, investment agencies, and fintech regulators to accelerate adoption and liquidity.

Cross-Border Liquidity

Unified settlement layer using BTC, ETH, and USDT, creating a transparent and borderless digital-asset market across the Americas.

🔮 Vision 2031

By 2031, Sigma will operate throughout Latin America and North America as a trusted bridge between traditional finance and regulated digital-asset markets, managing $750 million+ in tokenized assets and reinforcing El Salvador's leadership in global fintech innovation.

13. Implementation Roadmap (2025 – 2031)

Sigma's roadmap follows a structured, phased execution strategy designed to ensure sustainable growth, regulatory compliance, and institutional adoption. Each phase builds upon the previous one — transitioning Sigma from a national fintech pioneer into Latin America's leading tokenization and digital-asset infrastructure provider.

I

Foundation & Compliance

Q4 2025 – Q2 2026

Objective: Establish Sigma's legal, technological, and operational backbone.

Secure CNAD approval and legal registration under El Salvador's Digital Asset Law
Finalize platform architecture and smart-contract modules with Teknergy Inc.
Appoint CTO and Legal Advisor; implement internal AML/KYC compliance framework
Launch PRODISA 5 tokenization pilot and complete MVP testing

II

Platform Launch & Market Entry

Q3 2026 – Q2 2027

Objective: Begin commercial operations and first revenue cycle.

Publicly launch Sigma's Tokenization and DAE Platform
Onboard first 10 institutional and enterprise clients
Establish custody infrastructure and insurance agreements
Reach operational break-even within 18 months of launch

III

Institutional Adoption & Scaling

Q3 2027 – Q4 2028

Objective: Expand adoption and enhance liquidity depth.

Partner with banks, real estate groups, and investment funds for institutional tokenization
Introduce new asset classes: energy, infrastructure, commodities, and environmental credits
Achieve $300M+ in tokenized AUM
Initiate expansion across Latin and North America as fintech laws become favorable

IV

Regional Expansion & Revenue Optimization

2029 – 2030

Objective: Scale Sigma's infrastructure regionally and strengthen revenue streams.

Deploy white-label versions of Sigma's technology for regional banks and fintechs
Increase AUM to $500M; achieve EBITDA margins above 55%
Launch Sigma Institutional Desk — a regulated division enabling secondary-market trading and liquidity for tokenized real-world assets under institutional compliance standards
Strengthen cross-border interoperability using BTC, ETH, and USDT for settlement

V

Institutional Maturity & Global Integration

2031 and Beyond

Objective: Position Sigma as the premier digital-asset infrastructure network in the Americas.

Manage $750M+ in tokenized assets under Sigma's custody and exchange systems
Integrate with global institutional investors and international digital exchanges
Expand into capital markets and ESG-linked tokenization products
Prepare for IPO or strategic acquisition by global fintech or exchange group

Sigma's governance model, regulatory alignment, and phased growth plan establish a resilient foundation capable of withstanding external volatility and operational challenges. Through transparency, compliance, and diversification, Sigma mitigates risk while accelerating Latin America's evolution into a secure, regulated, and tokenized financial ecosystem.

15. Contact & Closing Page

Ready to Transform Latin American Finance

Sigma International Group S.A. de C.V. represents a pivotal initiative in Latin America's financial transformation. By combining regulatory certainty, institutional trust, and blockchain efficiency, Sigma bridges the gap between traditional finance and the emerging tokenized economy — positioning El Salvador as the regulatory and innovation hub for the region.

Investment Opportunity

Sigma is seeking $3 million USD in Seed Capital to complete platform development, finalize licensing, and execute its Q3 2026 commercial launch. This investment directly supports Sigma's mission to deliver a compliant, scalable, and revenue-generating tokenization ecosystem across Latin America and North America.

Regulatory & Technical Notes

• Sigma operates in accordance with El Salvador's Digital Asset Law (2023)
• All operations, issuances, and exchanges will adhere to CNAD and BCR regulatory frameworks
• Smart contract code and custody protocols will undergo independent third-party audits prior to full market launch
• Sigma integrates ISO 27001 cybersecurity practices and GDPR-aligned data policies for international partners

Contact & References

Headquarters: San Salvador, El Salvador

Website: www.sigmarealworld.com

Email: martin@sigmagroupsv.com

CEO: Martin Cruz

Regulatory Contact: CNAD Digital Asset Division

Legal Counsel: ECIJA Legal – El Salvador

Technical Partner: Teknergy Inc.

Call to Action

Join Sigma in shaping the future of finance. Together, we will build the infrastructure that democratizes capital, empowers nations, and defines the next generation of economic growth in the Americas.

Appendix & Glossary

Key Terms & Acronyms

Term / Acronym	Definition & Context
Sigma International Group (Sigma)	A fintech and blockchain infrastructure company founded in April 2025 in San Salvador, El Salvador. Sigma develops and operates a Tokenization Platform and Digital Asset Exchange aligned with El Salvador's Digital Asset Law.
CNAD	Comisión Nacional de Activos Digitales — El Salvador's National Commission of Digital Assets, the government entity regulating and approving digital-asset issuers, exchanges, and service providers.
BCR	Banco Central de Reserva de El Salvador — Central Reserve Bank responsible for monetary policy, financial oversight, and coordination with CNAD for digital-asset licensing and compliance.
DASP	Digital Asset Service Provider — A regulated entity authorized by CNAD to operate digital-asset services such as exchanges, custodians, or tokenization platforms. Sigma's Exchange Platform will be licensed under this framework.
Teknergy Inc.	Sigma's official technology partner responsible for developing and integrating both the Exchange and Tokenization Platforms, achieving 100% of the Exchange build within 90 days.
ECIJA Legal	International legal and compliance firm specializing in technology, innovation, and digital-asset law. Oversees Sigma's licensing, AML/KYC compliance, and CNAD/BCR coordination.
MVP	Minimum Viable Product — The first fully functional version of Sigma's Exchange Platform with core features ready for testing. Achieved by Day 90 of the roadmap to enable Q2 2026 beta testing.
Tokenization Platform	Sigma's proprietary infrastructure enabling the conversion of real-world assets (real estate, infrastructure, energy, commodities, etc.) into regulated digital tokens for issuance and trading.
Exchange Platform	Sigma's institutional-grade Digital Asset Exchange allowing compliant trading of tokenized assets, stablecoins (BTC, ETH, USDT, Tether), and other approved digital instruments.
Beta Testing	Controlled operational testing phase with institutional partners prior to public launch. Sigma's Exchange Platform beta is scheduled for Q2 2026, followed by the Tokenization Platform testing at the end of Q2 2026.
AML	Anti-Money Laundering — Regulatory standards requiring financial institutions to prevent and report suspicious transactions. Integrated into Sigma's compliance framework through ECIJA Legal.
KYC	Know Your Customer — Customer verification and identity-checking process required by law to prevent fraud and illicit activity in digital-asset systems.
Smart Contracts	Self-executing code on the blockchain that automates asset issuance, transfers, and compliance processes on Sigma's Tokenization Platform.
Custody	Secure digital storage for client assets using multi-signature wallets, encryption, and institutional-grade protection. A core feature of Sigma's Exchange Platform.
Reverse Migration	The ongoing trend of Salvadorans returning to the country due to improved safety, investment incentives, and economic reforms — a key demographic and economic driver behind Sigma's mission.
Banca de Inversión (Bitcoin Banks)	New financial institutions created under El Salvador's legal framework to operate alongside traditional banks, enabling digital-asset custody, tokenization, and investment products.
Stablecoins (BTC, ETH, USDT, Tether)	Digital assets with stable value used for liquidity, settlements, and trading on Sigma's Exchange Platform, ensuring interoperability and capital flow.
AUM	Assets Under Management — Total value of digital and real-world assets managed through Sigma's platforms. Projected to reach $500M by 2030.
Q2 / Q3	Fiscal quarters referring to April–June (Q2) and July–September (Q3). Sigma's beta testing and prelaunch activities occur in Q2, followed by market launch in Q3 2026.