Net Savings Link Inc. (OTC:NSAV) Stock Extends Rally: Here is Why
In light of the recent surge in the price of Bitcoin, it is only natural for investors to have a higher interest in the stocks of companies involved in the cryptocurrency sector. It is difficult to look past Net Savings Link Inc. (OTC:NSAV) this morning given the fact that this past Friday its stock had clocked gains of as much as 61%.
On December 8, the cryptocurrency, digital assets, and blockchain technology firm hit the wires after it announced that it launched its Centralized Cryptocurrency Exchange (CEX), named the NSAVx. Interested parties can take a look at it at www.nsavx.com.
In this context, it ought to be noted that the company had completed the acquisition of CEX the previous week and last Friday announced that it had been rebranded under the NSAV banner. The platform would be Net Savings’ flagship blockchain business, which would help it make a move in the fast-growing industry related to Web3 assets, secure digital assets, and rewards. The company also stated that the acquisition would also help it possibly monetize some of its minority industry holdings. The acquisition would also mark a change in the strategy of Net Savings and help it focus on its fully owned proprietary digital technologies.
On December 1, the company announced that it had completed the acquisition of AWCx Centralized Cryptocurrency Exchange. The company had noted at the time that it would be rebranded and run under the NSAVx brand. The company also noted in its news release that the platform would continue the company’s tradition of providing the latest and finest security features in addition to better safety protocols related to storage.
The ultimate vision of the company is to create a fully integrated technology company that would provide the blockchain, digital asset, and cryptocurrency industries with turnkey technological solutions.
