Netcoins Partners with Polymath to Provide Crypto OTC Services for Security Token Issuers
October 8, 2018
Netcoins Holdings Inc. (“NETC” or the “Company“) (CSE: NETC) (OTC: GARLF) is pleased to announce that it has partnered with industry leading security token platform Polymath, to act as a crypto OTC provider to Polymath platform issuers.
Polymath is a decentralized platform that makes it easy to create compliant security tokens. The platform simplifies the complex technical challenges of creating a security token and aims to bring the multi-trillion dollar financial securities market to the blockchain.
“Netcoins will provide top-quality OTC trading services to Polymath issuers which is huge for us,” says Polymath CEO Trevor Koverko. “Many issuers want the ability to convert some or all of the cryptocurrency they raise into fiat, and we are pleased to provide issuers a direct line to Netcoins.”
“Netcoins is thrilled to be working with Polymath to leverage our OTC desk for their security token issuers,” says Netcoins CEO, Mark Binns. “Polymath is an industry leader and visionary, and we have complimentary services that can benefit both of our organizations while bringing liquidity options to Polymath’s clients.”
About the Company
The Company is in the business of developing software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor through brokerage services. Netcoins enables crypto transactions via 21,000+ retail locations globally and an Over-The-Counter (OTC) trading desk.
ON BEHALF OF THE BOARD OF DIRECTORS
CEO and Director
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Cautionary Statement Regarding “Forward-Looking” Information
This information release contains certain forward-looking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forward-looking statements are based on the Company’s current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.