> ## Documentation Index > Fetch the complete documentation index at: https://whalescorp.mintlify.site/llms.txt > Use this file to discover all available pages before exploring further. # Overview Whales AG is a Swiss company that creates an international system for crypto payments through a managed network of subsidiary companies. This network includes regional VASPs (Virtual Asset Service Providers) that operate under local laws in countries with clear crypto legislation, as well as separate companies for development (Software House) and technology rights management (IP Box). Whales AG manages the entire group of companies, attracts major investors, and builds long-term relationships with shareholders based on complete transparency and Swiss reliability. # Whales Mission The mission of Whales Corp is to unite people and companies from different countries and protect their right to freely use the digital dollar β€” without discrimination, borders, and banking restrictions. # Whales Vision A world where people and companies from any country freely work with each other in digital dollars through a unified platform β€” without financial intermediaries.\ Smart contracts ensure security, transparency and automatic execution of agreements, while the wallet (private key) becomes the participant's digital passport. # Fundamental Values **Honesty, Openness, Transparency** in all aspects of operations. # Holding Structure | Company | Country | Type | Purpose | Website | | :- | :- | :- | :- | :- | | Whales DMCC | πŸ‡¦πŸ‡ͺ UAE | IP Box | The company manages personnel and offices, works with staking partners, and ensures payment for validator infrastructure and the holding’s core services. | [whalesdmcc.com](https://whalesdmcc.com) | | Whales Corp AG | πŸ‡¨πŸ‡­Switzerland | Main Company | The head company in Switzerland is responsible for interactions with shareholders and the board of directors. | [whalescorp.com](https://whalescorp.com) | | Whales Corp | πŸ‡ΊπŸ‡Έ USA | IP Box | American legal entity through which trademarks, domains, and GitHub accounts are registered, and when necessary, work is conducted with clients and partners from the USA. | In development | | Walleexer s.r.o. | πŸ‡¨πŸ‡Ώ Czechia | VASP | Czech legal entity through which work is conducted with European clients, partners and regulators, including interaction with Wallester bank. | [walleexer.com](https://walleexer.com) | | Valentis Technologies LTD | πŸ‡¨πŸ‡Ύ Cyprus | IP Box | British legal entity under which app store accounts are registered for the Holders standalone application. | In development | | Holders Apps LTD | πŸ‡¬πŸ‡§ UK | Software House | British legal entity under which app store accounts are registered for the Holders standalone application. | In development | | Elysphere LTD | πŸ‡ΈπŸ‡¨ Seychelles | VASP | Seychelles legal entity created to work with clients and partners from various regions (including CIS countries, excluding countries from sanctions lists) | [elysphere.io](https://elysphere.io) | | Synterra Innovations LTD | πŸ‡¨πŸ‡¦ Canada | VASP | Canadian legal entity with MSB license. Works with partners such as Altery and in the future Bridge. | In development | | Tirelon S.A. | πŸ‡ΊπŸ‡Ύ Uruguay | IP Box | Uruguayan legal entity created for storing/managing intellectual property in the LATAM region. | In development | | Shinglix Limited | πŸ‡­πŸ‡° Hong Kong | VASP | Hong Kong legal entity designed for conducting business with clients and partners from the Asian region. | [shinglix.com](https://shinglix.com) | | Valenex Technologies S.A.S. | πŸ‡§πŸ‡· Brazil | VASP | Brazilian legal entity through which work is conducted with Brazilian clients, partners and regulators. Created to work with the issuer Pomelo. | [valenex.com.br](https://valenex.com.br) | | Velatrix Technology DIFC | πŸ‡¦πŸ‡ͺ UAE | Software House | Legal entity in the UAE that was used for working with Tonguard company. | In development | | Andaris S.A.S. | πŸ‡¦πŸ‡· Argentina | VASP | Argentine legal entity through which work is conducted with Argentine clients, partners and regulators. Created to work with the issuer Pomelo. | In development | # History **2021** * The team first learned about the [TON (The Open Network)](https://ton.org) blockchain, originally developed by Telegram as a scalable decentralized platform * Created a miner that first enabled efficient mining of TON tokens using graphics processing units (GPUs) * The first and largest mining pool in the world has been launched * Founded the world's first and largest mining pool for the TON network, laying the foundation for further ecosystem and holding development **2022** * Launched our own cryptocurrency wallet [Tonhub](https://gettonhub.com), which became an important tool for user interaction with the TON blockchain * Developed and implemented [the world's first smart contract for TON token staking](https://github.com/tonwhales/ton-nominators) * Created [the first staking pool](https://tonwhales.com/staking) in the ecosystem, allowing users to earn passive income from holding TON tokens **2023** * Active work on the [Holders](https://holders.io) project began * Developed the first version of [a smart contract on the TON blockchain](/holders/product-review/accounts/ton-and-usdt-smart-contracts) for issuing and managing bank cards * Submitted necessary documents to the international payment system [VISA](https://visa.com) to obtain cryptographic approval (crypto approval) * Negotiations began with the first strategic partners to organize KYC and card issuance **2024** * Received official permission from [VISA](https://visa.com) to work with crypto assets * Implemented [a decentralized accounts system](/holders/product-review/accounts-and-smart-contracts/Accountssmart-contractsoverview), providing users with full control over their funds * Signed a strategic agreement with fintech company [Wallester](https://wallester.com) to issue the first non-custodial bank cards for European users * Conducted deep integration of the Holders platform with the [Tonhub](https://gettonhub.com) wallet, creating a unified ecosystem for crypto asset management * Developed and implemented [a contract to support payments in USDT](/holders/product-review/accounts/ton-and-usdt-smart-contracts) stablecoin on the TON network * Concluded an agreement with [Triple A](https://triple-a.io) to provide users with the ability to make traditional [SEPA and SWIFT](/holders/product-review/accounts/account-operations) bank transfers from their crypto accounts * Obtained [Apple Pay](https://apple.com/apple-pay) and [Google Pay](https://pay.google.com) certification for direct card addition to mobile wallets * Expanded cryptocurrency support: added USDC on the [Solana](https://solana.com) network to the Holders platform and SOL support in Tonhub * Began development of the @card Telegram bot to simplify card management through the Telegram messenger * Opened the first partner staking pools for popular [Tonkeeper](https://tonkeeper.com) wallets and the ePN platform **2025** * Added the ability to fund accounts through a wide range of popular blockchains thanks to partnership with the [Changelly](https://changelly.com) exchange service * Developed a specialized [smart contract for creating vesting accounts](/holders/product-review/trust-and-vesting) that ensure gradual release of locked tokens * Began implementing artificial intelligence in the Holders platform user interface to improve user experience * Conducted a radical restructuring of the business approach and complete renewal of the business team * Applied for a [MICA (Markets in Crypto-Assets)](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32023R1114) license - new European regulatory standards for crypto assets * Integrated the [Changelly](https://changelly.com) service directly into the Tonhub wallet for direct cryptocurrency exchange * Implemented the innovative Post Cash service for creating stablecoin checks * Concluded agreements and launched staking pools for major institutional partners [Ledger](https://ledger.com) and [P2P](https://p2p.org) # Logotypes Logovfull *** Hfull *** Sign(3) This documentation is built and hosted on [Mintlify](https://mintlify.com), a developer documentation platform.