Blockchain Foundry Inc. announced that it has successfully activated a new bridge protocol between the Syscoin and Ethereum blockchains. The new protocol is a first of its kind. It uses cryptographic proofs between blockchains to enable a trustless bridge for token interoperability. This means that existing Ethereum projects can take advantage of Syscoin's fast, low cost transactions to help projects scale beyond what the Ethereum network is currently capable of. Syscoin and Syscoin Platform Tokens will also be able to leverage the bridge, enabling Syscoin projects to use Ethereum's smart contracting capabilities and wallet ecosystem. BCF's open-source contributions to the Syscoin protocol are supported by Syscoin's decentralized governance system which provides development grants in the form of Syscoin tokens. BCF currently holds approximately 3.8 million Syscoin tokens which were valued at $122,071 as of September 30,2019 (the date of the Company's last financial report). The majority of BCF's Syscoin holdings are used to operate masternodes which generate a return of approximately 15% per year for the Company in Syscoin tokens.