Privacy Policy

DIGITAL ASSET SETTLEMENT NETWORK LLC & TASSAT GROUP INC.

Effective Date: April 2025


This Privacy Policy explains how Digital Asset Settlement Network LLC and its subsidiaries
(“DASN”) and its technology service providers (together with DASN, “we,” “us,” “our”) collect,
use, disclose, and otherwise processes personal information in connection with your access and
use of the Lynq website located at www.lynq.network, the Lynq Developer Portal located at
http://developer.lynq.network (collectively, the “Websites”), the Lynq settlement platform (the
“Platform”) and the services you may access through the Websites and Platform (collectively,
“Services”), including, but not limited to, transaction and settlement services available to
registered users on the Platform, whether accessed through the Websites, API, or otherwise.
This Privacy Policy does not address our privacy practices relating to job applicants, employees
and other employment-related individuals, nor information that is not subject to applicable privacy
laws (such as deidentified or publicly available information). This Privacy Policy is also not a
contract and does not create any legal rights or obligations not otherwise provided by law.
By visiting our Websites, accessing the Platform, and/or registering to use our Services, you are
acknowledging this Privacy Policy, and accept the accompanying Terms of Use, and, if applicable,
the agreements between you and tZERO Securities, LLC and tZERO Digital Asset Securities,
LLC, respectively, and the institution at which you are employed or on whose behalf you will be
accessing the Platform or Services (your “Institution”), as applicable, all of which form the
“Agreement”. Capitalized terms not defined in this Privacy Policy shall have the meaning set
forth in our Terms of Use.
Our Role in Processing Personal Information.
Data protection laws sometimes differentiate between “controllers” and “processors” of personal
information. A “controller” determines the purposes and means (the why and how) of processing
personal information. A “processor,” which is sometimes referred to as a “service provider,”
processes personal information on behalf of a controller subject to the controller’s instructions.
This Privacy Policy describes our privacy practices where we are acting as the controller of
personal information. However, this Privacy Policy does not cover or address how our customers
may process personal information when they use our Services, or how we may process personal
information on their behalf in accordance with their instructions where we are acting as their
processor. As a result, we recommend referring to the privacy notice of the customer with which
you have a relationship for information on how they engage processors, like us, to process personal
information on their behalf. In addition, we are generally not permitted to respond to individual
requests relating to personal information we process on behalf of our customers, so we recommend
directing any requests to the relevant customer.

Information We Collect.
In the course of operating the Websites and the Platform, and providing the Services, we will
collect (and/or receive) the following types of information.
a) Personal Information Provided by Individuals

  • Contact Information. While it is not necessary to register in order to visit the
    Websites, some of the Services available through the Websites and use of the Platform,
    may require you to be a registered user (“Registered User”). In connection with any
    registration process, you or your Institution may need to provide certain contact
    information such as your name, firm name, and work email address, and work phone
    number (collectively, “Contact Information”).
    Contact Information may be collected for purposes that include administering your
    access and use of any Services for which you are registered, securely identifying you
    when you log into a Service, delivering Service-related notifications, providing
    customer support, and complying with applicable laws and regulations.
  • Customer Information. Additional information about yourself that you voluntarily
    provide to us, such as and mailing list opt-in and opt-out information. We use this
    information primarily to provide you with our products and services, to facilitate your
    requests, and to improve our products and services.
    b) Personal Information Automatically Collected
  • Information About Your Device and Network. Information that we automatically
    collect when you use the Websites and Platform, such as the device from which you
    access the Websites or Platform, your IP addresses, browser type and language,
    referring and exit pages and URLs, date and time, amount of time spent on particular
    pages, what sections of the Websites or Platform you visit, and similar information
    concerning your use of the Websites or Platform;
  • Information About the Way Individuals Use Our Services and Interact With Us.
    o From Cookies. Information that we collect using “cookie” technology. Cookies
    are small packets of data that a website stores on your computer’s hard drive so
    that your computer will “remember” information about your visit. We use
    cookies to help us collect other information and to enhance your experience
    using the Websites and Platform. If you do not want the Websites or Platform
    to place a cookie on your hard drive, you may be able to turn that feature off on
    your computer or mobile device. Please consult your Internet browser’s
    documentation for information on how to do this. However, if you decide not
    to accept cookies from us, the Websites or Platform may not function properly.
    o From Third Party Analytics. We may use one or more third-party analytics
    services (such as Google Analytics) to evaluate your use of the Websites and
    Platform, compile reports on activity, collect demographic data, analyze
    performance metrics, and collect and evaluate other information relating to the

Websites or Platform and Internet usage. These third parties use cookies and
other technologies to help analyze and provide us the data. By accessing and
using the Websites or Platform, you consent to the processing of data about you
by these analytics providers in the manner and for the purposes set out in this
Privacy Policy. Please be advised that if you opt out of any service, you may
not be able to use the full functionality of the Websites or Platform, as the case
may be.
Below is a list of analytics providers that we use; however, such list may be
subject to change based on how we wish to understand the user experience. You
may use the accompanying links to learn more about such providers and, if
available, how to opt-out from their analytics collection.
For Google Analytics, please visit:
https://support.google.com/analytics/answer/6004245?hl=en

How we Use and Share Personal Information.
In addition to the primary purposes for using personal information described above, we may also
use personal information we collect to:

  • Fulfill or meet the reason the information was provided, such as to fulfill our contractual
    obligations, to facilitate payment for our services, or to deliver the services requested;
  • Manage our organization and its day-to-day operations;
  • Communicate with you, including via email, texts, and/or telephone calls;
  • Facilitate the relationship we have with you and, where applicable, the company you
    represent;
  • Create and maintain accounts for our users;
  • Verify your identity and entitlement to our services;
  • Develop, operate, improve, maintain, protect, and provide the features and functionality of
    our services;
  • Create aggregated or de-identified information that cannot reasonably be used to identify
    you, which information we may use for purposes outside the scope of this Privacy Policy;
  • Test, enhance, update, and monitor the products and services, or diagnose or fix technology
    problems;
  • Help maintain and enhance the safety, security, and integrity of our property, products,
    services, technology, assets, and business;
  • Defend, protect, or enforce our rights or applicable contracts and agreements (including
    our Terms of Use), as well as to resolve disputes, to carry out our obligations and enforce
    our rights, and to protect our business interests and the interests and rights of third parties;
  • Detect, prevent, investigate, or provide notice of security incidents or other malicious,
    deceptive, fraudulent, or illegal activity and protect the rights and property of DASN and
    others;
  • Facilitate business transactions and reorganizations impacting the structure of our business;
  • Comply with contractual and legal obligations and requirements;
  • Fulfill any other purpose for which you provide your personal information, or for which
    you have otherwise consented.
    Our Disclosure of Personal Information.
    a.) Parent Companies and Subsidiaries. We may share some or all of your personal information
    with any of our parent companies, subsidiaries, joint ventures, or other companies under common
    control with us in connection with product development.
    b.) Aggregated Data. In an ongoing effort to better understand our users, our Platform and
    Websites, we might analyze the Information in aggregate form in order to operate, maintain,
    manage, and improve the Platform and Websites. This aggregate information does not identify you
    personally. We may share this aggregate data with our affiliates, agents, and business partners. We
    may also disclose aggregated user statistics in order to describe our products and services to current
    and prospective business partners and to other third parties for other lawful purposes.
    c.) Service Providers. We may use third parties to provide certain Websites and Platform related
    services, such as maintenance services, hosting services or development services. These other
    companies will have access to your Information only to the extent necessary for such third party
    service providers to perform the duties for which it has been retained by DASN or its technology
    service providers, as applicable, and to the extent permitted by law.
    d.) Employers. If you are accessing any Service offered through the Websites or Platform as a
    Registered User of an Institution, we may provide your Institution with any and all of your personal
    information.
    e.) Legal and Contractual Compliance. We may disclose your information to government or law
    enforcement officials, regulatory agencies or other third parties (such as attorneys or regulatory
    service providers), as necessary (in our sole discretion) to (i) comply with applicable laws or
    regulations, (ii) cooperate with governmental or law enforcement investigations, (iii) respond to
    legal claims or processes, (iv) protect the safety and legal rights of the public or any individual,
    (v) detect, prevent or remedy any suspected fraud, market manipulation or illegal, tortious or
    wrongful activity; or (vi) enforce applicable terms to which you are bound.
    f.) Business Transfers. As we develop our businesses, we may sell or buy businesses or assets. In
    the event of a corporate sale, merger, reorganization, sale of assets, dissolution, or similar event,
    the Information may be part of the transferred assets.
    Accessing and Modifying Personal Information and Communication Preferences.
    If you are a Registered User of any Services, you may make changes to your personal information,
    such as updating your user preferences, by logging onto your user account, navigating to the
    “Support” menu and requesting the Platform administrator to make your changes. If you are not a
    Registered User and wish to review, update or correct any of your personal information, or “opt
    out” from any Websites or Platform functionalities, you may contact DASN at
    support@lynq.network. If you are updating or correcting personal information or submitting a

request for review of personal information in your capacity as an administrator, on behalf of
Registered Users at your Institution, you represent that you have full authorization to provide this
information to us. We will use commercially reasonable efforts to process such requests in a timely
manner. You should be aware, however, that it is not always possible to completely remove or
modify information in our subscription databases.
How We Protect Your Information.
We implement reasonable security measures designed to protect your Information from loss,
misuse, and unauthorized access, disclosure, alteration, or destruction. Please understand,
however, that no security system is impenetrable. We cannot guarantee the security of our
databases, nor can we guarantee that the information you supply will not be intercepted while
being transmitted to and from us over the Internet. In particular, e-mail sent to or from the Websites
may not be secure, and you should therefore take special care in deciding what information you
send to us via e-mail.
Children.
The Websites, Platform and Services are not intended for children under eighteen (18) years of
age. DASN does not market any products or services to children under eighteen (18) years of age
or knowingly collect any information from children under eighteen (18) years of age through the
Websites, Platform or Services. If you are under 18, please do not give us any personal information.
We encourage parents and legal guardians to monitor their children’s Internet usage and to help
enforce our Privacy Policy by instructing their children to never provide us personal information
without their permission. If you have reason to believe that a child under the age of 18 has provided
personal information to us, please contact us, and we will endeavor to delete that information from
our databases.
Nevada Privacy Rights.
If you are a resident of Nevada, you have the right to opt-out of the sale of certain personal
information to third parties who intend to license or sell that personal information. Although we
do not currently sell personal information of Nevada residents (as defined under Nevada law), you
can exercise this right by contacting DASN at support@lynq.network with the subject line
“Nevada Do Not Sell Request” and providing us with your name and the email address associated
with your account.
Third Party Websites and External Links. Our Websites and Platform may contain links to
websites with which we have no affiliation or relationship (“External Links”). We have no control
over the privacy practices or the content of any of our business partners, advertisers, sponsors, or
other websites to which we provide links. As such, we are not responsible for the content or the
privacy policies of those third-party websites. You should check the applicable third-party privacy
policy and terms of use when visiting any such External Sites. DASN is not, nor will be,
responsible for the privacy practices or security of any such websites, and we urge you to read
their privacy policies carefully.

Do Not Track. We do not respond to “Do Not Track” settings or other related mechanisms at this
time.
Changes to Our Privacy Policy.
This Privacy Policy is effective as of the date stated at the top of this Privacy Policy. We may
change this Privacy Policy from time to time, and will post any changes on the Websites and
Platform as soon as they go into effect. By accessing the Websites, Platform, and/or Services after
we make any such changes to this Privacy Policy, you are deemed to have accepted such changes.
Please refer back to this Privacy Policy on a regular basis.
Conflict of Terms.
In the event of a conflict between the terms of this Privacy Policy and tZERO Securities’ and
tZERO Digital’s Privacy Policy (the “tZERO Privacy Policy”), the terms of the tZERO Privacy
Policy shall control and prevail.
Contact Us.
If you have questions or comments about our privacy practices, please contact DASN via email at
legal@lynq.network.

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