Net Saving Link (OTCMKTS:NSAV) shares rise on Friday after the company announced a new deal with Metaverse Network.
Let’s take a look at this news below to see what it means for NSAV shareholders.
- Net Saving Link agreed to the purchase 10% stake in Metaverse Network.
- Both companies are part of the crypto sector with blockchain at its core.
- In the case of the Metaverse Network, it manages the BQEX exchange.
- This cryptocurrency exchange currently has about 4 million registered users.
- Net Saving Link says this investment strengthens its presence in the $ 500 million Metaverse market.
- He also points out that the Metaverse Network wants to go public soon.
- The company intends to rank on New York Stock Exchange sometime in the first quarter of 2022.
- When this happens, it is possible that the NSAV will increase the value of its investment in Metaverse Network inventories.
- The two companies also reached an agreement on NFT earlier this week.
- As a result, they are involved in the launch of the pioneering NFT, with the NSAV gaining between 5% and 7.5% of the tokens.
- More news about this deal is expected to come in the near future.
WY Cheung, CEO of Metaverse Network, said the following about the deal that raised NSAV shares today!
“We are enthusiastic about working with the NSAV leadership. They are very skilled in chaining blocks and their vision has always enlightened me. We are very impressed with the advanced technical capabilities of the NSAV team. ”
Shares of NSAV rose 7.7% on Friday morning.
Investors looking for more cryptocurrency and stock stories will want to keep reading!
We have all the latest market coverage that retailers need to know about Friday. This includes the latest Shiba Inu (CCC:SHIB-USD), Block (NYSE:KV) entry into crypto mining and a Beyond the flesh (NASDAQ:BYND) short squeeze. You can get all these details at the following links!
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