TORONTO and MELBOURNE, March 31,
2021 /CNW/ - BANXA (TSXV: BNXA) (FSE:
AC00) (OTCQX: BNXAF) ("BANXA" or "Company") a Payment Service
Provider (PSP) for the digital asset industry, is pleased to
announce that its common shares are now eligible for electronic
clearing and settlement through The Depository Trust Company
("DTC") in the United
States. The Company's common shares are quoted in
the United States on the OTCQX
Venture Market (the "OTCQX") under the symbol "BNXAF."
DTC manages the electronic clearing and settlement of publicly
traded companies in the United
States. DTC eligibility simplifies the process of trading
and transferring the Company's common shares between brokerages in
the United States, it also allows
the shares to be traded on most common online platforms. Banxa's
common shares will continue to trade under the ticker symbol
"BNXAF" on the OTCQX.
"Buying Banxa"s shares will now be easier for existing and
potential shareholders in the United
States," said Domenic Carosa,
Banxa's Founder and Chairman "We believe this will enhance our
trading liquidity in the United
States and should expedite the execution of transactions in
our stock."
Banxa provides its clients safe, compliant access to the digital
assets market, Banxa partners include major exchanges and
wallets including Binance, OKEx, Huobi, Edge and Kucoin.
Unlike its competitors, Banxa actively pursues regulation and
licensing in the markets that it enters, with the aim of providing
more options and services for its global customer base. To view our
latest presentation please click on the following link:
http://bit.ly/BNXA-Webinar-31March2021
ON BEHALF OF THE BOARD OF DIRECTORS
Per: "DOMENIC CAROSA"
Domenic Carosa
Chairman
(+1-888-218-6863)
About BANXA
BANXA (TSX-V:BNXA - Banxa Holdings Inc.) is a Payment
Service Provider (PSP) with a mission to build the bridge between
traditional financial systems, regulation and the digital asset
space. Our goal is to onboard the general public to digital
currency by building a fully compliant payment infrastructure that
enables simple and secure conversion of fiat currency to digital
currency. (USD/CAD to BTC/ETH) Banxa has offices in
Australia and the Netherlands. For further information go to
www.banxa.com
This news release may contain "forward-looking statements"
within the meaning of applicable Canadian securities laws.
Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable by
management, are inherently subject to significant business,
economic and competitive uncertainties, and contingencies. These
statements generally can be identified by the use of
forward-looking words such as "may", "should", "will", "could",
"intend", "estimate", "plan", "anticipate", "expect", "believe" or
"continue", or the negative thereof or similar variations.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause future results,
performance or achievements to be materially different from the
estimated future results, performance or achievements expressed or
implied by those forward-looking statements and the forward-looking
statements are not guarantees of future performance. BANXA's
statements expressed or implied by these forward-looking statements
are subject to a number of risks, uncertainties, and conditions,
many of which are outside of BANXA's control, and undue reliance
should not be placed on such statements. Forward-looking statements
are qualified in their entirety by the inherent risks and
uncertainties of the Company's business, including: BANXA's
assumptions in making forward-looking statements may prove to be
incorrect; adverse market conditions, including risks related to
COVID-19 and risks that future results may vary from historical
results. Except as required by securities law, BANXA does not
assume any obligation to update or revise any forward-looking
statements, whether as a result of new information, events or
otherwise.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
For Further Information, see www.banxa.com
SOURCE Banxa Holding Inc