Each token is backed 1:1 by LDW held in custody, pays daily rewards in USDT (projected at about 12% APR in year one), and returns 100% of redemption proceeds to holders at the end of its 10-year term.

ETZ, a digital asset exchange, today announced that LDXW, a token built around the shipping industry, opened for subscription on its platform on November 6, 2026. Issued by Cosmos LDX Shipping Investment Holding Ltd., LDXW has a fixed supply of 17 million tokens priced at 1 USDT each at launch. Every LDXW is minted against one of 17 million LDW tokens held in ETZ's institutional-grade custody wallet. LDW represents full ownership of the company that owns the LI DA WANG, a container ship currently on charter to CMA CGM.

Shipping moves about 80% of world trade. With the Red Sea and the Strait of Hormuz both under pressure, vessels are taking longer routes, which has kept ship values and charter rates high. But a single, reliably employed container ship can cost well over USD 10 million, and owning one takes expertise in charter negotiation, ship management and maintenance. For most people, the industry has been out of reach. LDXW brings the price of entry down to 1 USDT.

A Real Ship, Earning Real Revenue

The LI DA WANG is a 1,600 TEU container ship, 169 meters long and 27 meters wide, with an estimated market value of USD 17–19 million. It is chartered to CMA CGM, one of the world's three largest container lines, through March 16, 2028.

The LDW white paper projects annual revenue of about USD 8.4 million during the charter. After ship management, maintenance, depreciation, and administrative and financing costs, that leaves annual net profit of about USD 2.1 million. This steady charter income underpins the entire LDXW ecosystem.

Fully Backed, 1:1

The issuer acquired 17 million LDW on the TRON blockchain, placed all of them in ETZ's institutional-grade custody wallet, and then minted 17 million LDXW against them. Each LDXW is matched by one LDW in custody, and every mint and transfer is recorded on-chain.

Daily Rewards in USDT, Paid Automatically

ETZ takes a snapshot of all LDXW balances on the platform at 00:00 UTC each day and automatically pays holding rewards in USDT to user accounts at 11:00 Beijing time (UTC+8) the same day. Rewards are funded from listing, operating, custody and other fees the issuer pays to ETZ.

Year-one rewards are projected at an annualized rate of about 12%, or roughly 0.033% per day. To earn a day's reward, you must hold LDXW for the full UTC calendar day.

Beyond rewards, the issuer will publish regular shipping market updates on ETZ — freight rate indices, news from the major carriers, notable vessel sales and developments in key straits — and is building a shipping-focused community for holders.

100% of Redemption Proceeds Returned at Maturity

LDXW has a 10-year issuance and operating period, running from November 6, 2026 to November 5, 2036. At maturity, the issuer will withdraw the tokens from ETZ and burn them, and the recovered funds will be distributed to LDXW holders pro rata. The amount recovered will depend on actual operating performance. If the ecosystem operates for the full ten years, recovery is expected to be at least 1 USDT per LDXW, though this is not guaranteed.

Holders don't have to wait for maturity: LDXW can be sold on ETZ at any time.

Built for Compliance

• The issuer is incorporated in the British Virgin Islands (BVI), and all related legal relationships are governed by BVI law.

• All participants must pass KYC/AML checks, and an on-chain whitelist restricts transfers to KYC-verified addresses only.

• Wallet addresses are screened against OFAC, UN and other sanctions lists.

• The smart contracts have been reviewed by an independent security auditor, and the LDW white paper includes a legal and regulatory memorandum and a code security audit report.

• Holdings are capped at 1.5 million tokens per KYC-verified identity to prevent excessive concentration.

• LDXW is not available to residents of mainland China, the United States, Canada, Cuba or sanctioned jurisdictions.

Management Comment

"The value of RWA lies in making real-world cash flows accessible and verifiable," said ETZ's management. "Behind LDXW is a ship that's at sea every day, carrying cargo for CMA CGM. We've lowered the entry point from more than USD 10 million to 1 USDT — while making sure custody, compliance and disclosure are done right."

About ETZ

Founded in 2025, ETZ is a compliant, secure digital asset exchange focused on real-world assets (RWA). By tokenizing physical assets such as ships, ETZ lets users participate with small amounts and share in the returns those assets generate. The platform has more than 100,000 users. Learn more at www.etz.com.

About the Issuer

Cosmos LDX Shipping Investment Holding Ltd. is the issuer of LDXW and partners with ETZ to build and operate a shipping-industry ecosystem in Web3.

Risk Disclosure

Digital asset prices are highly volatile. LDXW holding rewards are variable, and no minimum reward is guaranteed. The underlying asset is a single vessel, exposed to shipping market conditions, charter renewals and vessel operations. Secondary-market liquidity may be limited, and LDXW may trade above or below 1 USDT. Before participating, please read the issuer's Risk Disclosure Statement and ETZ's Virtual Asset Purchase Risk Disclosure and Client Consent Form in full. This press release does not constitute an offer to sell, a solicitation of an offer to buy, or investment advice in any jurisdiction.

Frequently Asked Questions

The Basics

Q1: What is LDXW? LDXW is a shipping-industry ecosystem token traded on ETZ. Each LDXW is backed by one LDW held in custody by ETZ. Holders receive daily USDT rewards, shipping market updates and access to the holder community.

Q2: How does LDXW relate to LDW? LDW represents full ownership of QT LIDA LIMITED, the company that owns the LI DA WANG. The issuer acquired 17 million LDW, placed them all in ETZ's institutional-grade custody wallet, and minted 17 million LDXW against them on a 1:1 basis.

Q3: Who is the issuer? Cosmos LDX Shipping Investment Holding Ltd.

Q4: What are the total supply and price? 17 million tokens at an initial subscription price of 1 USDT each, for a total offering size of 17 million USDT.

Q5: How long is the term? Ten years, from the opening of subscription on November 5, 2026, through November 6, 2036.

The Underlying Asset

Q6: What is the underlying asset? LDXW is backed by LDW, whose underlying asset is the container ship LI DA WANG: built in 2005, with a capacity of 1,600 TEU, a length of 169 m, a beam of 27 m, an 8.3 m draft, and an estimated market value of USD 17–19 million.

Q7: What is the ship doing now? It is on charter to CMA CGM through March 16, 2028. The LDW white paper projects annual revenue of about USD 8.4 million and annual net profit of about USD 2.1 million during the charter.

Q8: How can I verify that the ship exists? Visit the LDW website at www.ldwtoken.com to view the ship-owning company's equity records and proof of vessel ownership. With the ship's IMO number, anyone can track its real-time position and route on public AIS ship-tracking services.

Q9: What happens when the charter ends in 2028? The ship will move to a new charter, and rewards may be adjusted to reflect the new charter rate. Rewards may also be affected in any month that falls between charters, while negotiations, paperwork and pre-voyage inspections are under way.

Q10: The ship is 21 years old. Is that a concern? Container ships typically have a service life of 30–33 years. The LI DA WANG follows a schedule of one major and one minor overhaul every four years, with about USD 500,000 budgeted for maintenance each year. Vessel age and single-asset concentration are disclosed risks; please weigh them against your own circumstances.

Holding Rewards

Q11: Where do the rewards come from? From a reward pool funded by listing, operating, custody and other fees the issuer pays to ETZ.

Q12: How much can I expect to earn? Year-one rewards are projected at an annualized rate of about 12%, or roughly 0.033% per day. For example, holding 10,000 LDXW would earn about 3.3 USDT per day at the current projected rate. Rewards vary with actual performance, and no minimum is guaranteed.

Q13: How are rewards calculated, and when are they paid? Balances are snapshotted daily at 00:00 UTC (08:00 Beijing time), and rewards are paid automatically in USDT to your ETZ account by 12:00 UTC (20:00 Beijing time) the same day. The process is fully automated.

Q14: If I buy today, will I earn a reward today? No. Rewards apply only to LDXW held for a full UTC calendar day. Tokens bought or sold during a given day don't earn that day's reward.

Q15: Do I need to keep LDXW on ETZ to earn rewards? Yes. Snapshots only include balances held on ETZ.

Maturity and Early Exit

Q16: What do I receive at the end of the ten years? When the term ends on November 6, 2036, the issuer will withdraw the tokens from ETZ and burn them, and the recovered funds will be distributed to LDXW holders pro rata. The amount recovered will depend on actual operating performance. If the ecosystem operates for the full ten years, recovery is expected to be at least 1 USDT per LDXW, though this is not guaranteed.

Q17: Can I exit early? Yes. You can sell LDXW on ETZ at any time. Prices are set by market supply and demand and may be above or below 1 USDT. When trading is thin, you may not be able to sell at your preferred price or time.

Q18: Could the project end early? ETZ may require operations to end early if there is a material change affecting the issuer or the LDW it holds in custody. In that case, the issuer will likewise withdraw and burn the tokens, and 100% of the corresponding redemption proceeds will be returned to holders pro rata. Details will be set out in an official announcement.

Compliance and Security

Q19: What compliance framework applies? The issuer is incorporated in the BVI and governed by BVI law. All participants must pass KYC/AML checks, an on-chain whitelist restricts which addresses can send and receive tokens, and wallet addresses are screened against OFAC, UN and other sanctions lists.

Q20: Who can't participate? Residents of mainland China; the United States (including all states and territories); Canada; Cuba; countries and regions sanctioned by the UN, OFAC or the BVI Financial Services Commission; and any jurisdiction where holding or using digital assets is illegal.

Q21: Is the LDW in custody secure? All 17 million LDW are held in ETZ's institutional-grade custody wallet. Once the subscription period closes, the wallet address will be published so anyone can verify the balance on the TRON blockchain.

Q22: Is there a holding limit? Yes. Each KYC-verified identity can hold up to 1.5 million LDXW (about 1.5 million USDT), to prevent excessive concentration.

Q23: How do I know I'm using an official channel? Only participate through ETZ's official website or app. ETZ will never ask for your private key or seed phrase by direct message, or ask you to send funds to a personal address.

How to Participate

Q24: How do I get started?

1. Create an ETZ account and complete KYC.

2. Deposit USDT.

3. Subscribe to or buy LDXW on the LDXW page.

4. Once you've held LDXW for a full UTC calendar day, you'll start receiving USDT rewards automatically every day.

Q25: What's the minimum investment? LDXW's initial price is 1 USDT per token. See the ETZ page for the current minimum order size.

Risks and Other Questions

Q26: What are the main risks? They include price volatility, single-asset concentration, limited secondary-market liquidity, shipping market and charter renewal risk, vessel operating risk, smart contract risk, regulatory change and personal data risk. For full details, please read the issuer's Risk Disclosure Statement and ETZ's Virtual Asset Purchase Risk Disclosure and Client Consent Form.

Q27: Are rewards taxable? Tax rules vary by jurisdiction. Please consult a local tax adviser.

This information is provided for reference only and does not constitute an offer to sell, a solicitation of an offer to buy, or investment advice in any jurisdiction.