Net Savings Link Inc (OTCMKTS:NSAV) is trading with a mild gain in the opening session on Friday.
Market Action
At 10:26, NSAV stock jumped 7% at $0.0101 on hefty volume. The stock has traded 13.63 million shares compared to its average volume of 35.06 million shares. The stock opened at $0.0090 and moved in a range of $0.0090 – 0.0108.
Major Trigger:
NSAV ANNOUNCES PLAN TO LAUNCH REGULATED CRYPTOCURRENCY EXCHANGE
Key Highlights:
- Net Savings Link Inc announced its intention to launch a fully regulated Cryptocurrency Exchange. The Company will own 100% of the exchange and it will carry the NSAV brand name. The project is well under way and additional details will be announced on the NSAV shareholder conference call next week.
- The management of NSAV and its partners are pioneers in the Digital Asset and Blockchain industry. The team is lead by NSAV Board of Director, Mr. Yuen Wong. Mr. Wong is also the CEO of LABS Group Limited https://labsgroup.io , the worlds 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. Bitmarts platform supports over 220 cryptocurrencies and has a 24 hour trading volume of approximately $2 Billion.
Key Quote:
James Tilton, president of NSAV stated, I am thrilled that our long-awaited Cryptocurrency Exchange will soon become a reality. The entire cryptocurrency industry is moving towards full regulation at a rapid pace and I strongly believe that being licensed and regulated is the only way to go. I sincerely hope that all NSAV shareholders are as excited as we are with todays announcement.
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