1. The trust created hereby (the "Trust") shall be known as X Financial Technologies Trust in which name the Trustee may conduct the business of the Trust, make and execute contracts, and sue and be sued.

2. The Trustee hereby acknowledges that he is holding the sum of $1 in trust, which amount shall constitute the initial trust estate. The Trustee hereby declares that he will hold the trust estate in trust for such persons as are or may become entitled to a beneficial interest in the trust estate. It is the intention of the parties hereto that the Trust created hereby constitute a statutory trust under Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code § 3801 et seq. (the "Statutory Trust Act"), and that this document constitutes the governing instrument of the Trust. The Trust is hereby established by the Trustee for the purpose of becoming a registered investment company under the Investment Company Act of 1940, as amended (the "1940 Act"), and engaging in such other activities as are necessary, convenient or incidental thereto.

3. The Trust may issue separate series of beneficial interests (each a "Series") with the initial Series being:

XFT MUNICIPAL BOND FUNDS
XFT High-Yield Tax-Exempt Fund
- Dollar Tokens (USDX)
- DeFi Shares (USDXW)

4. The Trust shall be operated as a registered closed-end management investment company. The Trust is authorized to issue an unlimited number of shares of beneficial interest with $0.001 par value per share.

5. The business of the Trust shall be managed under the direction of its Board of Trustees, which shall have the authority to exercise all powers granted to it under Delaware law and the 1940 Act.

6. Each Series shall constitute a separate and discrete pool of assets of the Trust with its own separate rights, powers, and duties. The debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to a particular Series shall be enforceable against the assets of such Series only, and not against the assets of the Trust generally or the assets of any other Series.

7. The Trust shall indemnify each of its Trustees and officers against all liabilities and expenses reasonably incurred in connection with their service to the Trust, except where such liability or expense results from willful misfeasance, bad faith, gross negligence or reckless disregard of duty.

8. This Declaration of Trust may be amended at any time by an instrument in writing signed by a majority of the then Trustees when authorized to do so by vote of shareholders holding a majority of the shares entitled to vote.

9. This Declaration of Trust and the rights of all parties hereunder shall be governed by and construed in accordance with the laws of the State of Delaware.