Nsav Announces Update on Pending Acquisition of Leading Cryptocurrency Exchange

  • Cryptocurrencies
  • 04.11.2021 09:00 am

 Net Savings Link, Inc. (OTC Pink: NSAV), a cryptocurrency, blockchain and digital asset technology company, today announced an update on its pending acquisition of a leading Cryptocurrency Exchange. On October 21, 2021, NSAV signed a Letter of Intent (“LOI”) to acquire a 51% stake in an unnamed, leading cryptocurrency exchange. Both sides are working to close the acquisition as quickly as possible. Management believes that this acquisition will be a game changer for the Company and a key component in the NSAV ECO-system.

Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner stated, “We would like to thank the team at BW for their recent tweet, welcoming NSAV to the BW family. We would also like to thank the NSAV shareholders for their support, as this is a major transaction and may be taking a bit more time than we originally anticipated. The Company will provide updates as circumstances warrant.”

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