NSAV Announces Signing of Closing Documents for Equity Acquisition of Cryptocurrency Trading Broker, VirtuaBroker
9:18 AM ET 3/2/21 | Dow Jones
London, England--(Newsfile Corp. - March 2, 2021) - Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced the formal signing of the closing documents for its latest equity acquisition, VirtuaBroker Ltd. https://virtuabroker.com , a Swiss Cryptocurrency Trading Platform with offices in London and Barcelona. VirtuaBroker, whose platform is based on Artificial Intelligence (AI), offers a full range of trading services, such as portfolio management, price search function, and much more. Their platform supports nearly all the major cryptocurrency exchanges, including Coinbase ($2 billion Revenue in 2019), Binance ($4.2 billion Crypto Assets), Bitfinex ($404 million Net Profits in 2018) and Kraken ($1.25 billion estimated Annual Revenues). With the recent announcements of Tesla and Mastercard joining the Crypto revolution, the management of NSAV believes that this will be a major step in fulfilling the Company's ambition of being a leading player in the over $200 billion annual cryptocurrency market. The Company plans to Roll Out the Global Launch of VirtuaBroker at the end of March. Terms of the deal were not disclosed.
VirtuaBroker's AI Cryptocurrency Trading Platform is your 24/7 account manager. Customers will save time and be provided with an optimal trading experience. The AI Platform allows users to optimize the trades that they require according to their selected objectives and allows them to make decisions based on market sentiment data. VirtuaBroker's security policy is its pillar and is based on a five-tiered security stack, including Fraud Protection, Privacy Protection, Encryption and Network Defenses, VirtuaBroker Security ID and Security Alerts.
Last week, NSAV announced the appointment of LABS Group Limited https://labsgroup.io CEO, Yuen Wong, to the Company's Board of Directors effective immediately. LABS Group is the world's first end to end Blockchain powered real estate investment ecosystem and powered by the LABS ecosystem token through decentralized finance (DeFi) and governance. Mr. Wong is also a Managing Partner at Bitmart Cryptocurrency Exchange https://www.bitmart.com . BitMart is a premier global digital asset trading platform with over 2 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. Bitmart's platform supports over 220 cryptocurrencies and has a 24 hour trading volume of approximately $2 Billion.
In January, NSAV announced that the Company has finalized an amendment to its Articles of Incorporation, which would prevent NSAV from enacting a reverse stock split. The amended articles are now on file with the state of Colorado and can be viewed by the public at the Colorado Secretary of State's website or by clicking on the link below.
https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20171168922&fileId=20211022901
James Tilton, president of NSAV stated, "We are thrilled to be able to announce the signing of the closing documents with VirtuaBroker. Of course, this would not have been possible without the efforts of our investment banker and private equity fund. I can assure all of our loyal NSAV shareholders, that we are already working on other projects in the cryptocurrency and digital asset arena."
NSAV's vision is the establishment of a fully integrated technology company that provides turnkey technological solutions to the cryptocurrency, blockchain and digital asset industries. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, advisory services, financial services and information technology.
For further information please contact NSAV at info@nsavholdinginc.com
The NSAV corporate website can be accessed at http://nsavholdinginc.com
The NSAV Twitter account can be accessed at https://twitter.com/nsavtech
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Net Savings Link, Inc. to accomplish its stated plan of business. Net Savings Link, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Net Savings Link, Inc. or any other person.
Contact
Net Savings Link, Inc.
info@nsavholdinginc.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/75833
> Dow Jones Newswires
March 02, 2021 09:18 ET (14:18 GMT)
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