APT Systems Inc (OTCMKTS:APTY) Stock Gains Momentum After a Key News

This past Friday financial technology company APT Systems Inc (OTCMKTS:APTY) saw its stock rocket up by as much as 17% after it made a key announcement. The company came into focus after it announced that it had appointed development team members from RoketUS LLC.

Trading Data

On Friday, APTY stock soared 16.67% to $0.0014 with more than 6.26 million shares, compared to its average volume of 5.74 million shares. The stock moved within a range of $0.0010 – 0.0015 after opening trade at $0.0010.

APT Systems Inc Expands Dev Team for Verifundr Global Escrow and Spera Integration

The development team members who have been hired are going to responsible for leading the initiative with regards to the development of its product Verifundr, an escrow service. In addition to that, it was also noted that a true stable coin named Spera is going to be used for the purpose of moving money in between cash bank accounts and escrow accounts.

In its press release on Friday the company announced that after having pondered about the direction of the company’s operations, it had eventually become clear that APT Systems should add to its development team.

In this context, the company also noted that it also afforded the company the opportunity to work with YegorKudinov. APT Systems noted that Kudov was a highly experienced engineer with more than two decades of experience in a range of blockchain and security related roles.

Key Quote

“Were proud to be expanding our business and continuing to add top-notch talent to further our mission of providing financial platforms with real value and innovation to meet our customers needs for trusted escrow and payments solutions. We welcome this addition to our team and look forward to seeing many contributions to the Verifundr platform in the year ahead, states Glenda Dowie, CEO.