Net Savings Link plans to launch premium OTC crypto trading desk; stock surges

Shares of digital asset firm Net Savings Link (OTCPK:NSAV) jump 33% on Monday as it plans to launch by mid-September an over-the-counter cryptocurrency trading desk for institutions and high net-worth clients that trade large blocks in crypto. The premium crypto trading desk will provide clients with execution and settlement services with increased liquidity, price protection, anonymity, fiat support, unlimited purchases, and the purchase of rare tokens, which are not available on exchanges, the company said. "I believe that it will be a great complement to NSAV's current business model," commented Dato' Sri Desmond Lim, interim CEO and senior vice president of crypto operations for NSAV and Silverbear Capital partner. Investment banker Silverbear Capital will advise Net Savings Link (OTCPK:NSAV) on strategy regarding the company's crypto exchanges and OTC crypto trading desk; it will also ensure that its services and platforms are in compliance. NSAV launched its cryptocurrency exchange earlier this month.