NSAV ACQUIRES STRATEGIC STAKE IN CRYPTOCURRENCY TRADING BROKER, VIRTUABROKER
April 16 2021 - 11:45AM
InvestorsHub NewsWire
NSAV
ACQUIRES STRATEGIC STAKE IN CRYPTOCURRENCY TRADING BROKER,
VIRTUABROKER
London, England --
April 16, 2021 -- InvestorsHub NewsWire -- Net Savings
Link, Inc. (OTC
Pink: NSAV), a cryptocurrency, blockchain and digital asset
technology company, today announced that it has acquired a
strategic stake in U.K. based Cryptocurrency Trading Platform,
VirtuaBroker Ltd. https://virtuabroker.com ,whose platform is
based on Artificial Intelligence (AI) and offers a full range of
trading services, such as portfolio management, price search
function, and much more. VirtuaBroker's platform supports nearly
all the major cryptocurrency exchanges, including Coinbase, whose
IPO on Wednesday valued Coinbase at over $85
billion.
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. Under the terms of the agreement, NSAV has
acquired a 10% shareholding in VirtuaBroker and has an exclusive
option to acquire an additional 20% stake. In addition, NSAV has
been granted pre-emptive rights, which gives it the potential to
increase its shareholding in VirtuaBroker even
further.
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.
SBC Financial Group https://www.sbcfinancialgroup.com.hk negotiated
and structured the transaction.
SBC Financial Group 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.
Dani Garcia, founder and CTO of VirtuaBroker
stated, "Traders know that it takes multiple exchanges to truly
trade crypto and what sets our platform apart is the ability to
organize all exchanges in one platform. The team at VirtuaBroker
would like to thank its strategic shareholder, NSAV for its support
in making our launch a reality. We look forward to opening the
platform to all on May 30th and thank our beta testers for their
ongoing commitment to provide feedback to improve a truly
groundbreaking product. We would like to thank Silverbear Capital
for advising us on this and potential future transactions to come.
Silverbear Capital is truly a committed and professional
team."
James Tilton, president of NSAV stated, "We are
thrilled to be able to announce the acquisition of a strategic
stake in VirtuaBroker, along with the options to acquire an even
more significant stake. With its Artificial Intelligence based
platform, we believe that VirtuaBroker is a force to be reconned
with in the Cryptocurrency arena. I can assure all our loyal NSAV
shareholders that we are already working on other projects in the
cryptocurrency and digital asset sector. I also would like to echo
Dani's thanks and appreciation to the amazing team at Silverbear
Capital.
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 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
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