The interest in the cryptocurrency space continues to be strong, owing to the recent rally in Bitcoin. Naturally, it also led to considerable interest among investors in listed companies in the sector. One such company is Net Savings Link Inc. (OTC:NSAV), a cryptocurrency, digital assets, and blockchain technology firm.
This past Friday, the company had been in focus after it announced that it had expanded and upgraded NSAVx, its fully owned CEX (Centralized Cryptocurrency Exchange) digital platform. The company announced that the platform would be powered by the NSAVx token, which had gone live on Uniswap last Friday between 1400 hours and 1800 hours Mountain Time. In the news release, Net Savings Link noted that it was a highly exciting time for the company. The NSAVx token was in a position to power the entirety of the Net Savings Link technology system as its store of value and main utility.
Net Savings Link also noted that the NSAVx platform and token would be the results of many years of investment in blockchain technology by the company. Additionally, the platform and token would both serve as significant utilities that would connect both its present and future Web3 assets. The company also stated in its news release that the goal of the launch had been to bring about focus as well as consolidation on profit and functionality.
More importantly, it was also revealed that the NSAVx CEX had also put processes in place to expand into a number of international jurisdictions. The efforts to expand internationally also include strategies related to the addition of new functionality and necessary licensing. It was last month that the company completed the acquisition of CEX, and last week it was rebranded so as to operate under the Net Savings Link brand.