Verona, (d.b.a Verona Holdings SCZ) is an IP holding company for Worldwide Asset eXchange (WAX) based in the Cayman Islands. WAX is a purpose-built blockchain and protocol token designed specifically for e-commerce. WAX has become the most used and transacted blockchain ecosystem for NFT's, Dapps, and video games. Wax raised $42 million in 2017 from an ICO. The WAX blockchain relies on proof-of-stake and is certified carbon neutral. They have been aggressive with patenting, with an emphasis on in-game transactions of both virtual and physical assets.