NSAV Announces DTC Eligibility Approval

Rhea-AI Summary

Net Savings Link, Inc. (OTC PINK:NSAV), a Web3, blockchain, and digital asset technology company, has received DTC Eligibility Approval. This approval allows NSAV shares to be electronically cleared and settled through the Depository Trust Company (DTC). The achievement simplifies trading processes, enhances liquidity, reduces costs, and increases transaction efficiency for NSAV shares. It also broadens access to a larger investor pool, including institutional and retail investors both in the U.S. and globally.

DTC, a subsidiary of the Depository Trust & Clearing (DTCC), manages electronic clearing and settlement for publicly traded companies. DTC eligibility accelerates the stock and cash receipt process, speeding up settlement for investors and brokers. NSAV CEO Alfonso Knoll stated that this milestone opens up opportunities for future growth and increased investment community participation.

Positive

• Received DTC Eligibility Approval, simplifying trading processes
• Enhanced liquidity and reduced costs for investors and brokers
• Increased efficiency and speed of transactions
• Broader access to a larger pool of investors, including institutional and retail
• Improved accessibility of NSAV stock to brokers worldwide

Negative

• None.

LONDON, UK / ACCESSWIRE / August 26, 2024 / Net Savings Link, Inc. (OTC PINK:NSAV), a leading Web3, blockchain and digital asset technology company, is pleased to announce that the company has received DTC Eligibility Approval and NSAV shares are now eligible for electronic clearing and settlement through the Depository Trust Company ("DTC"). Achieving DTC eligibility simplifies the trading process for NSAV's shares, enhances liquidity, reduces costs for investors and brokers, and increases the efficiency and speed of transactions. DTC eligibility marks a significant milestone for the company, broadening access to a larger pool of investors, facilitating seamless trading, thus allowing NSAV's stock to be more accessible to brokers and institutional and retail investors, both in the U.S. and worldwide.

DTC is a subsidiary of the Depository Trust & Clearing Corporation (DTCC) https://www.dtcc.com/, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered to be "DTC eligible". This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.

https://blog.colonialstock.com/dtc-eligibility/

Alfonso Knoll, CEO of NSAV, stated, "NSAV achieving DTC Eligibility is a milestone for the company that opens up opportunities for future growth and increased participation from the investment community. I look forward to completing the next steps towards the growth of our company."

About Net Savings Link, Inc.: NSAV's vision is the establishment of a fully integrated technology company, which provides turnkey technological solutions to the Web3, blockchain and digital asset industries. The Company drives innovation in the digital currency space by developing advanced blockchain technologies, digital assets, and market solutions that bridge the gap between traditional business frameworks and the future of decentralized technology. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, financial services, advisory services and information technology.

For further information please contact NSAV at info@nsavholdinginc.com

For further information please contact NSAVx.com at hello@nsavxmail.com

The NSAV corporate website can be accessed at https://www.netsavingslinkinc.com

The NSAV CEX website can be accessed at https://nsavx.com/

TheAlley.io can be accessed at https://www.thealley.io

The AirdropX.co website can be accessed at https://www.airdropx.co/

The Swopx.io website can be accessed at https://www.swopx.io

The NSAV Stock information website can be accessed at https://www.nsavstock.com

The NSAVx Token website can be accessed at https://www.nsavxtoken.com/nsavx-token

The NSAVx Discord Server can be accessed at https://discord.com/invite/7Q2Vv5NmKd

The NSAV Twitter account can be accessed at https://twitter.com/nsav_tech

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Net Savings Link, Inc. to accomplish its stated plan of business. Net Savings Link, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Net Savings Link, Inc. or any other person.

Contact

Net Savings Link, Inc.
info@nsavholdinginc.com

Media Contact

Organization: Net Savings Link Inc
Contact Person Name: James Tilton
Website: https://www.nsavholdinginc.com
Email: info@nsavholdinginc.com
Contact Number: +17185698815
Address: 26 Grosvenor Street, Mayfair
Address 2: W1K4QW
City: London
Country: United Kingdom

SOURCE: Net Savings Link Inc

View the original press release on accesswire.com

FAQ

What is the significance of NSAV receiving DTC Eligibility Approval?

NSAV's DTC Eligibility Approval simplifies trading processes, enhances liquidity, reduces costs, and increases transaction efficiency for NSAV shares. It also broadens access to a larger investor pool, including institutional and retail investors both in the U.S. and globally.

How does DTC eligibility benefit NSAV shareholders?

DTC eligibility benefits NSAV shareholders by simplifying the trading process, enhancing liquidity, reducing costs, and increasing the efficiency and speed of transactions. It also makes NSAV stock more accessible to a wider range of brokers and investors.

What is the Depository Trust Company (DTC) and its role in NSAV's recent approval?

The Depository Trust Company (DTC) is a subsidiary of the DTCC that manages electronic clearing and settlement of publicly traded companies. DTC's approval allows NSAV shares to be electronically cleared and settled, speeding up the receipt of stock and cash for investors and brokers.

When did NSAV (OTC PINK:NSAV) receive DTC Eligibility Approval?

NSAV (OTC PINK:NSAV) announced receiving DTC Eligibility Approval on August 26, 2024, as stated in their press release.