# 4.1 TURNCOIN – DIGITAL SECURITY ASSET

TheXchange is the holding company that owns and operates the VirtualStaX Ecosystem.

TurnCoin is the Digital Security of TheXchange.

* TurnCoin is **not** a Cryptocurrency.
* TurnCoin is **not** a Digital Currency.

TurnCoin is a regulatory compliant **Digital Security** that powers TheXchange & VirtualStaX worldwide. It’s an ERC-20 Digital Security Token minted on the Ethereum blockchain.

TurnCoin generates the capital to; develop, promote & manage TheXchange worldwide.