Welcome to our dedicated page for HIMALAYA TECHNOLOGIES news (Ticker: HMLA), a resource for investors and traders seeking the latest updates and insights on HIMALAYA TECHNOLOGIES stock.
Himalaya Technologies Inc (HMLA) is a technology development company that focuses on nurturing and launching innovative projects utilizing blockchain and AI resources. The company recently announced a strategic development partnership with Net Savings Link, Inc, aimed at providing technology development and social media management services. Through this partnership, the EVEREST token will be integrated into the DiVinciPay payment ecosystem, enhancing brand awareness and product equity for Himalaya. NSAVx.com, a subsidiary of Net Savings Link, Inc, will assist in developing the EverestLPP.com platform, an autonomous liquidity pool (LP) platform that links capital to pre-approved token projects. Himalaya Technologies, Inc aims to bridge the gap between traditional business frameworks and decentralized technology by driving innovation in the digital currency space.
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.
Himalaya Technologies (OTC: HMLA) announced its intent to acquire Mad Hatter Society, Inc., a key player in Web3 development. The acquisition includes all assets, contracts, and proprietary code. Mad Hatter Society has agreed to a 90-day exclusivity period for due diligence with the aim to close the acquisition within 30 days post-LOI. This move is expected to enhance Himalaya's digital finance capabilities and Web3 offerings.
The acquisition will include several Mad Hatter Society applications such as Madhattersociety.com, MadHatterMysteryBox.com, and MadHatter.Exchange (currently in BETA). Both companies expressed excitement about the potential synergies and future collaborations, particularly in digital payment technologies and tokenization of real-world assets.
Himalaya Technologies (OTC: HMLA) has launched a new platform, EverestLPP.com, aimed at providing liquidity pool services and facilitating CEX listing considerations for blockchain projects. The company also appointed Ryan Nguyen, former Director of Sales at DiVinciPay, as the new CEO. Nguyen replaces Vikram Grover, who will continue as CFO and Board member. EverestLPP.com will assess projects for utility and scalability, receiving project tokens in return for providing initial liquidity pools. This strategy aims to mitigate selling pressure and enhance revenue recognition for HMLA.
FAQ
What is the current stock price of HIMALAYA TECHNOLOGIES (HMLA)?
What is the market cap of HIMALAYA TECHNOLOGIES (HMLA)?
What is Himalaya Technologies Inc known for?
What recent partnership did Himalaya Technologies Inc announce?
What is the purpose of the partnership with Net Savings Link, Inc?
What is NSAVx.com's role in the partnership?
What is the goal of Himalaya Technologies, Inc in the digital currency space?
How does Himalaya Technologies, Inc drive innovation in the industry?
What is the focus of Himalaya Technologies, Inc's projects?
What is the key objective of Himalaya Technologies, Inc's partnership with Net Savings Link, Inc?
How does Himalaya Technologies, Inc plan to enhance brand awareness?