NSAV ANNOUNCES LAUNCH OF CRYPTOCURRENCY EXCHANGE
LAUNCH OF CRYPTOCURRENCY EXCHANGE
NSAV TO LAUNCH GOVERNANCE
London, England -- August 9, 2021 -- InvestorsHub NewsWire
-- Net Savings Link, Inc. (OTC
Pink: NSAV), a cryptocurrency, blockchain and digital asset
technology company, today announced the launch of its wholly owned
Cryptocurrency Exchange, which carries the NSAV brand name. The
NSAV Exchange www.nsavexchange.com makes NSAV only the second U.S.
publicly traded company to own a Cryptocurrency Exchange, following
the Coinbase https://www.coinbase.com/ IPO in April, which valued
Coinbase at over $85 billion. The launch officially marks the
Company's entrance into the $2 trillion global cryptocurrency
market. The NSAV Exchange is fully functional.
The Company slightly delayed its timeline to become fully
operational. NSAV is in the process of strengthening its KYC (Know
Your Client) protocols and other compliance related items, in order
ensure that it doesn't fall victim to the same legal and regulatory
problems that have recently plagued Coinbase and Binance. The
Company believes that it possesses the expertise and skill set to
be fully compliant in all jurisdictions in which it conducts
business. The management believes this delay will be in the best
interest of all NSAV shareholders, in order to ensure shareholder
value is being protected.
In related news, NSAV announced plans launch a governance token,
which management believes will be a huge benefit for its NSAV
Exchange. Uniswap's governance token, UNI https://uniswap.org/ was launched in 2020 at a
price of around $1.00 and is currently trading at over $26.00 due
to the utility of governance tokens, which allow them to appreciate
Silverbear Capital Inc. https://www.sbcfinancialgroup.com.hk/, a leading,
global investment banking firm, will be advising NSAV on strategic
matters relating to the Company's cryptocurrency exchange.
Silverbear will also help guide NSAV in ensuring that its exchange
is continually in compliance, given the rapidly increasing
regulatory environment in the cryptocurrency industry.
Silverbear Capital Inc. (SBC) has a dynamic of disciplines on a
broad commercial level and practice. SBC has a strong group of
Partners in a wide range of disciplines with seasoned experience in
finance, management, and professional practice. https://www.sbcfinancialgroup.com.hk/meet-our-team/
Disclaimer: Silverbear Capital Inc. does not constitute
investment advice, or an offer or solicitation to sell, or a
solicitation to buy, or any other investment product (nor shall any
such shares or product be offered or sold to any person) in any
jurisdiction in which an offer, solicitation, purchase or sale
would be unlawful under the securities law of that jurisdiction.
The management of NSAV believes that the Company can capture a
significant share of the massive Chinese cryptocurrency market,
given the expertise of its management and strategic partners.
Presently, the Huobi Cryptocurrency Exchange https://www.huobi.com/en-us/ has a 24-hour
trading volume of over $6 billion and 40% of its users are from
China. Huobi is number 3 globally in daily revenue at $2.29
million, behind only Upbit https://sg.upbit.com/home $3.42 and industry leader,
Binance https://www.binance.com/en at $3.48 million.
The management of NSAV and its partners are pioneers in the
Digital Asset and Blockchain industry. The team is led by NSAV
Director, Mr. Yuen Wong. Mr. Wong is also the CEO of LABS Group
Limited https://labsgroup.io , 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
As one of the founders of Bitmart Cryptocurrency Exchange, Mr.
Wong helped guide BitMart in becoming 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. Mr. Wong is also a
partner at Silverbear Capital.
Danny Lau, NSAV Director and Silverbear Capital partner stated,
"We are extremely pleased to see a major media network in US
reporting our Company's progress. This means the NSAV brand is
being recognized internationally. We'd like to sincerely thank SBC
Investor Relations for their dedicated and professional
Mr. Dato' Sri Desmond Lim, Senior Vice President of
Cryptocurrency Operations for NSAV and Silverbear Capital partner
stated, "This is an exciting milestone for NSAV. I am thrilled to
see the company introducing the planned launch of an NSAV
governance token, which will act as a native token to our exchange
as well. I believe the decentralized direction is a very good
strategy and will bring more democracy to our ecosystem.
Mr. Lim is also Co-Founder of the world-renowned World Glove
City Project in Malaysia https://worldglovescity.com.
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 email@example.com
The NSAV Twitter account can be accessed at https://twitter.com/nsavtech
The NSAV corporate website can be accessed at http://nsavholdinginc.com
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.
Net Savings Link, Inc.
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