Net Savings Link Stock Price, News & Analysis

NSAV announced the formation of NSAVx.com in Puerto Rico and applied for a Puerto Rico Money Transmitter License (MTL). This license is mandated by the Nationwide Multistate Licensing System (NMLS) for money transmitting businesses in Puerto Rico, including those handling cryptocurrencies. The decision follows productive meetings with DNA.fund executives at the Consensus and DNA House conference. NSAV also expanded its partnership listings with HMLA and EVEREST LP, introducing six new tokens: EVEREST, DIVPAY, GBUX, MADA, CUBED, and WRIT, each with a $100,000 ETH/Token pair for the initial pool. CEO Kevin Simon emphasized the strategic move to Puerto Rico, highlighting collaborations with industry leaders and the company's commitment to the growing crypto community.

On June 4, 2024, Net Savings Link (NSAV) announced a strategic partnership with Himalaya Technologies (HMLA). NSAVx.com will provide technology development and social media services to Himalaya, including integrating the EVEREST token into the DiVinciPay payment ecosystem. The partnership aims to enhance Himalaya's brand and product equity, with new social media handles to be announced by June 7, 2024. Both companies will equally share fees generated from EverestLPP.com's funding of pre-approved NSAVx.com token listings. The collaboration is expected to generate significant revenue, with LP fees ranging from $500,000 to $1,000,000 per project. NSAVx.com is adding approximately 10 new listings per month.

NSAV announced the launch of TheAlley.io, a comprehensive crypto resource platform, on June 3, 2024, at 10 PM MT.

TheAlley.io features a crypto bot for token research, resource center, trading bots compatible with DEX and CEX platforms, a global crypto acceptance database, token message boards, and a crypto calendar.

The platform includes a database of over 15,000 crypto projects and 28,000 companies accepting crypto globally, representing 6 million locations.

The order book launch for the RTB token is scheduled for June 6, 2024, at 5 PM MT, following the rebranding of DeWeb/BBS to Roundtable.

NSAV aims to enhance the crypto community's decision-making with TheAlley.io, integrating it with their existing products like NSAVpay, Swopx.io, and Airdropx.co.

Net Savings Link (OTC PINK:NSAV) announced the listing of the RTB Token on its centralized cryptocurrency exchange, NSAVx, on May 31, 2024. The RTB Token, operating on the Ethereum network, is a migration from BBS to RTB, completed on May 23, 2024. The listing details are accessible on various platforms including DEX tools and RTB's official site.

The RTB platform, launched by Web3 pioneers Eyal Hertzog and James Heckman, aims to unite premium brands on a comprehensive Web3 SaaS platform. It is designed to ensure data security and fair compensation for genuine engagement, protecting against deplatforming and censorship. The platform features major media partners and prominent blockchain thought leaders.

NSAV's announcement emphasizes their growing user base of over 4 million, including 500,000 active daily users, suggesting that the RTB token will be a significant addition to their exchange.

Net Savings Link (NSAV) announced that its NSAVx.com Centralized Cryptocurrency Exchange (CEX) has surpassed 4 million users. The platform now has 4,221,142 users from various regions including the USA, Asia, EU, Latin America, and the Baltic regions.

In May 2024, NSAVx increased its token listings from 124 to 189, adding popular meme coins like PEPE and BOME. The company credits its growth to joint marketing with MyAirDropAlert.com and a targeted campaign for MetaMask wallet holders. NSAV boasts a 92% customer retention rate and over 500,000 daily active users.

On June 3, 2024, an Onramp/Offramp feature supporting multiple fiat currencies will go live. Additionally, by mid-June, NSAVx will enable crypto purchases via credit and debit cards, following approval from two credit card merchants.

NSAV aims to sustain its growth with new features, exchange listings, and compliance tools.

Net Savings Link announced its intention to acquire DiVinciPay Corp., a leader in digital payment technology, on May 28, 2024.

This strategic move aims to integrate DiVinciPay's decentralized payment solutions with NSAV's digital finance ecosystem, enhancing its market presence and customer value through platforms such as NSAVpay.

The acquisition structure includes 100% of DiVinciPay's assets and retention of its management team. An exclusivity period of 90 days has been agreed upon, with the goal to finalize the acquisition within 30 days of the LOI execution.

Net Savings Link, a cryptocurrency, blockchain, and digital asset technology firm, provided a regulatory compliance update for its NSAVx.com CEX Exchange. Following the advancement of House Bill H.R. 4763, NSAV has outlined a compliance roadmap involving Federal and State registrations. The firm is registered with FINCEN and has applied for a Money Transmitter License in Colorado, with plans to extend this to other states. They have implemented AI-managed KYC and AML systems and are exploring requirements with the CFTC and NFA for further registrations. Globally, NSAV expects approvals for digital asset licenses in Singapore, Poland, and the Czech Republic and has applications under review in Ireland, Dubai, and Lithuania. They are also establishing a new company in the UAE Free Zone to expedite licensing in Dubai.

Net Savings Link (NSAV) has announced the integration of AI-managed Know Your Customer (KYC) protocols to improve its FIAT Onramp/Offramp services on the NSAVx.com CEX Exchange. These enhancements include real-time payments (RTP), ACH, PayPal, and custom onboarding options with Cash App and Venmo.

AI-managed KYC will feature document verification, facial recognition, and data checks to ensure regulatory compliance, enhance security, and improve user experience. This integration aims to make NSAVx.com a trusted platform for digital and fiat currency transactions.

Additionally, NSAV is finalizing underwriting with two international credit card merchants to enable crypto purchases via credit and debit cards. This development is expected to generate several million dollars a month in new transaction fee revenue.

Net Savings Link (OTC PINK:NSAV) has relaunched its websites, introducing new domains aligned with its market segments. The centralized cryptocurrency exchange, NSAVx, has surpassed 1.4 million users, adding 300,000 users in just two days. New websites include a corporate site, an investor information portal, and a token information site. CEO Kevin Simon will speak at Consensus 2024 about integrating decentralized and centralized technologies. User engagement initiatives include a trading competition starting June 1, 2024, with a $10,000 prize, and a June referral campaign offering zero trading fees for 30 days. NSAV aims to become a leader in cryptocurrency, blockchain, and digital asset technology sectors, providing turnkey solutions and driving innovation.