Block, Inc. CHESS Depositary Interest (BSQKZ)

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https://www.block.xyz

Block, Inc. CHESS Depositary Interest represents beneficial ownership in shares of Block, Inc., a diversified financial technology company. Through this structure, investors gain economic exposure to Block, Inc. while holdings are recorded and transferred electronically under the CHESS framework. Block, Inc. develops integrated ecosystems of commerce and financial services products for businesses and individuals worldwide. Its activities span point-of-sale hardware and software, payment processing, merchant acquiring, business banking services, and digital financial applications. The company is known for its dual focus on merchant solutions and consumer-focused platforms, enabling seamless acceptance, movement, and management of money across channels. By packaging exposure to Block, Inc. in the form of a CHESS Depositary Interest, the instrument facilitates access for investors who require or prefer CHESS-settled securities, aligning international equity ownership with local market settlement and custody practices.