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Seeking Alpha 2021-09-27 15:46:13

Net Savings Link stock holds steady after crypto trading desk launch

Net Savings Link ((OTCPK:NSAV -1.0%)) shares trade sideways after the blockchain cryptocurrency firm recently launched its premium OTC Crypto Trading Desk. The over-the-counter stock is trading just below $0.03/share, substantially below its early-Aug. peak of $0.14, but still up significantly on a Y/Y basis. The trading desk serves to institutions and high net-worth individuals that trade large blocks of crypto. In addition, the company recently acquired a 40% stake in Hong Kong Premium OTC Crypto Trading Desk. HKOTC offers fast settlement, flexible payment methods and secure trading, as unlike other digital asset and bitcoin exchanges, it doesn't hold client assets. "The HKOTC transaction will allow the NSAV trading desk to be more fluent in the Crypto OTC space, and by leveraging HKOTC's experience and platform capability, this will enhance the capacity of NSAV's growth plan in crypto arena," said Mr. Dato' Sri Desmond Lim, interim CEO and senior vice president of

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