Welcome to our dedicated page for WTCG news (Ticker: WTCG), a resource for investors and traders seeking the latest updates and insights on WTCG stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect WTCG's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of WTCG's position in the market.
Descrypto Holdings, Inc. (OTC: DSRO) announced its new trading symbol, effective April 12, 2022, following a corporate name change from W Technologies, Inc. This change is part of a strategy to strengthen its brand in the NFT and blockchain sectors. CEO Howard Gostfrand emphasized that this symbol aligns with their growth objective of becoming a leading NFT and blockchain infrastructure holding company. No actions are needed from current shareholders as the company will continue trading on OTC Markets with an unchanged CUSIP.
Descrypto Holdings, Inc. (OTC: WTCG) has appointed Creenagh Flynn as its new Chief Marketing Officer, effective immediately. Flynn brings 18 years of experience in marketing, with a strong focus on Blockchain and Decentralized Finance. CEO Howard Gostfrand emphasized her extensive knowledge and market understanding as vital for the company's growth. Descrypto aims to enhance shareholder value by developing high-quality digital assets and services in the rapidly growing crypto sector. The firm is also undergoing a FINRA corporate action process to update its trading name and symbol.
Descrypto Holdings, formerly W Technologies, announced a strategic acquisition of Areca Financial Services, marking its entry into the crypto market. The non-binding letter of intent outlines the buyout of a Miami-based platform that facilitates secure financial transactions and digital asset launches. The acquisition hinges on due diligence and regulatory approvals, with funding expected from equity. CEO Howard Gostfrand emphasized the acquisition's importance in establishing Descrypto as a leader in blockchain technologies and enhancing shareholder value in the rapidly evolving digital financial landscape.
W Technologies (OTC: WTCG) announced a share exchange agreement with KrytoBank, set to close by July 31, 2021. W Technologies will acquire 100% of KryptoBank's stock, issuing shares that represent 90% of its own outstanding stock. With the crypto market value projected to reach $10 trillion, KryptoBank aims to leverage its expertise to provide investors with accessible digital asset portfolios. CEO Mikael Lundgren emphasized KryptoBank's strategy to navigate the evolving crypto landscape and mitigate risks for investors.
W Technologies, Inc. (OTC: WTCG) announced a non-binding letter of intent to acquire Curisin Corp. through a reverse merger. Curisin has developed a digital healthcare platform in India, targeting over 750,000 active patients and aiming to digitize millions of medical records annually. The new platform, launching in May 2021, will utilize proprietary blockchain technology to enhance security and patient control of medical records. If conditions are met, the deal is expected to close in early June 2021, enabling WTCG to explore further acquisitions in the healthcare sector.
W Technologies, Inc. (OTC: WTCG) announced the appointment of Dr. Edward White to its Board of Directors, effective March 8, 2021. Dr. White brings extensive medical expertise, serving as a consultant in Family and Emergency Room practices in Dubai and owning Princeton Medical Solutions. CEO Mikael Lundgren stated that Dr. White's experience will benefit the company as it seeks business opportunities, particularly in the medical CBD sector. The company plans to provide updates on specific opportunities within the next 30 days.
FAQ
What is the market cap of WTCG (WTCG)?
