Technology

Net Savings Link Inc (OTCMKTS: NSAV) Announces Strategic Partnership With LUXFI and Plans to Launch Premium OTC Crypto OTC Trading Desk

Net Savings Link Inc (OTCMKTS: NSAV) strategically partnered with LuxFi, a real-world luxury asset-backed NFT Defi solution company, on August 27. A cryptocurrency, digital asset, and blockchain technology company, Net Saving Link, announced a real-world asset-backed non-fungible token marketplace, directly working with professional experts and retailers to eliminate counterfeit items. Also, provide NFT pricing accurately backed by real-world data for NFT. This announcement made the considerable growth and applicability of the NFT marketplace sector.

According to the source, on NFT during the first quarter of 2021, over $2 billion was spent, increasing about 2,100% from Q4 2020 and 2020, far exceeding the total $250 million NFT market.

The NSAV management believes that it’s the perfect time to expand into the NFT market; NSAV is glad to partner with LuxFi in engaging various applications to LuxFi’s NFT marketplace. Moreover, by using resources of its own, NSAV will assist LuxFi in becoming a real-world asset NFT marketplace’s leader. LuxFi was targeting real-world luxury assets that hold value well, along with but are limited to luxury watches, art pieces, diamonds, and branded bags. Furthermore, LuxFi is launching the real-world asset NFT marketplace for the first time for luxury assets.

Net Saving Link PLans to Launch Premium OTC Crypto Trading Desk

The digital asset and blockchain technology company plans to launch OTC Crypto Trading by mid-September. This OTC Desk will offer personalized service to high net-worth individuals and institutions to trade a significant cryptocurrency value. In addition to that, the OTC Desk provides things that are not available on exchanges like price protection, liquidity, fiat support, anonymity, unlimited purchases, and rare tokens. Furthermore, it offers execution and settlement to its clients that are secure, discreet, and competitive.

Currently, all major crypto exchanges have their own OTC Desk. However, in 2019, Kraken acquired a primary OTC Desk, and now it is one of the leading OTC Desks. The company’s management believes that developing its own OTC will enormously benefit NSAV and its shareholders.