Global Payout, Inc. announced that its majority owned subsidiary, MoneyTrac Technology, Inc., has secured a Joint Venture Compliance, Crypto-Commodity, iCloud, and Strategic Partnership Agreement with Crypto Value Management System, LLC. This platform will effectively bolster each of the companies and their ability to provide financial technology solutions to businesses operating across a number of rapidly expanding alternative market sectors, including the multi-billion-dollar cannabis industry. CVMS acquired an exclusive license for the state of California for a cryptocurrency utility token exchange defined as an "In-State Crypto-Commodity Exchange - ICCE," a member only blockchain commodity that can be utilized to service businesses in need of banking solutions. CVMS, in conjunction with their compliance partner Integrated Compliance Solutions (ICS), have developed a secure, compliant blockchain to service the CRB (Cannabis Related Business) space. The CVMS exclusive new blockchain technology is the most advanced crypto-commodity exchange platform available. It will also serve as the backbone of the token exchange platform that MTRAC plans to co-develop for its MTRAC-Token with CVMS and other key financial technology and compliance partners. In addition to the co-development of a crypto-commodity exchange platform, MTRAC will also provide CVMS with vital Fintech, sales, marketing, networking, brand development support and guidance through this JV Partnership Agreement to ensure CVMS is effectively positioned for launch and expansion throughout the state of California.