This morning the Metavesco Inc (OTC:MVCO) stock is in the news after the company made a major announcement and it may be a good move for investors to consider tracking the stock. In this regard, it ought to be noted that this past Friday the company had announced that its stock was going to start trading on the markets with the ticker symbol ‘MVCO’.
The change in the ticker symbol was part of a larger strategy with regard to the corporate changes that had been brought about in the company. However, at the same time, it was also announced by Metavesco that the existing shareholders did not need to perform any actions in light of the ticker change.
In addition to that, it was also noted that the stock was going to continue to be listed on the OTC Markets and the CUSIP number is also going to remain the same despite the name change. In light of the fact that the company might come into a degree of focus among investors at this point in time owing to the latest developments, it may be a good move for investors to get a better idea about the nature of Metavesco and its business.
The company is involved in the futuristic web 3 space and that is something that has potentially massive prospects considering the fact that it is considered to be the next major step in the evolution of the world wide web.
At this point in time Metavesco is mainly known for providing liquidity to certain projects and at the same time, invests in NFT projects that it thinks might have potential. On the other hand, Metavesco also stakes crypto assets with the aim of earning more of the tokens. It may be a good idea to keep an eye on the stock.
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