Cryptocurrency, digital asset and blockchain technology firm Net Savings Link Inc (OTCMKTS:NSAV) was in the move on Tuesday and ended the day with gains of 4% after the company made an announcement with regards to a key acquisition. The company picked up a 40% stake in HOKTC.CO, which is a Hong Kong Premium OTC Crypto Trading Desk.
It is an important acquisition from Net Savings and the excitement among investors is perhaps understandable. HKOTC.CO is one of the most widely used over the country crypto trading services in Hong Kong and boasts of a range of big ticket strategic partners.
At this point in time, the company has a total of 16 strategic partners and those include names like ZB.Com, BW.Com, Binance and Huobi. Some of the more attractive features of the services provided by HKOTC.CO include secure trading, fast settling and flexibility when it comes to payment methods.
In addition to that, the entity is run by a group of seasoned traders with thorough knowledge of cryptocurrencies and Bitcoin. In light of the rally in the Net Savings stock on Tuesday, it is going to be interesting to see if the stock stays in focus today or not.
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