NSAV announces that it plans to launch a Premium OTC Crypto Trading Desk by mid-September. NSAV’s OTC Desk will offer private and personalized service to institutions and high net-worth individuals that trade large blocks of cryptocurrency. OTC Crypto Trading Desks offer increased liquidity (without slippage), price protection, anonymity, Fiat support, unlimited purchases and the purchase of rare tokens, which are not available on exchanges. NSAV’s OTC Desk will provide its clients with execution and settlement services that are secure, competitive and discreet. Today, nearly all major crypto exchanges have their own OTC Desk. Kraken https://www.kraken.com/, in 2019, acquired major OTC Crypto Trading Desk, Circle Trade, and is now one of the world’s leading OTC Crypto Trading Desks. The Company’s management believes that having its own OTC Crypto Trading Desk will be a huge benefit to NSAV and all of its shareholders, as it ascends to the next level.
On Wednesday, NSAV Director, Mr. Yuen Wong, gave a presentation at the Emerging Growth Conference. Please see the link below to view Mr. Wong’s presentation.
https://www.youtube.com/watch?v=w7kx1fMYqJs
In addition to his position with NSAV, Mr. Wong is also a Managing Partner at Bitmart Cryptocurrency Exchange https://www.bitmart.com. BitMart is a premier global digital asset trading platform with over 2 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. Bitmart’s platform supports over 220 cryptocurrencies and has a 24-hour trading volume of approximately $2 Billion.
Mr. Wong is also the CEO of LABS Group Limited https://labsgroup.io, the world’s first end to end Blockchain powered real estate investment ecosystem and powered by the LABS ecosystem token through decentralized finance (DeFi) and governance.
Silverbear Capital Inc. https://www.sbcfinancialgroup.com.hk/, a leading, global investment banking firm, will be advising NSAV on strategic matters relating to the Company’s cryptocurrency exchanges and OTC Crypto Trading Desk. Silverbear will also help guide NSAV in ensuring that its exchanges and OTC Desk are continually in compliance, given the rapidly increasing regulatory environment in the cryptocurrency industry.
Silverbear Capital Inc. (SBC) has a dynamic of disciplines on a broad commercial level and practice. SBC has a strong group of Partners in a wide range of disciplines with seasoned experience in finance, management, and professional practice. https://www.sbcfinancialgroup.com.hk/meet-our-team/
Disclaimer: Silverbear Capital Inc. does not constitute investment advice, or an offer or solicitation to sell, or a solicitation to buy, or any other investment product (nor shall any such shares or product be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction.
Mr. Dato’ Sri Desmond Lim, Interim CEO and Senior Vice President of Cryptocurrency Operations for NSAV and Silverbear Capital partner stated, “I am thrilled that NSAV will soon have its own OTC Crypto Trading Desk. I believe that it will be a great compliment to NSAV’s current business model.”
NSAV’s vision is the establishment of a fully integrated technology company that provides turnkey technological solutions to the cryptocurrency, blockchain and digital asset industries. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, advisory services, financial services and information technology.
Press Release: https://finance.yahoo.com/news/nsav-announces-plans-launch-premium-132000614.html
