Tech Shares Pop On Strategic Crypto Joint Venture

Tech Shares Pop On Strategic Crypto Joint Venture

By: Tomas Ronolski - News

Monday, March 1, 2021

Shares of this small Vancouver-based tech firm popped after the company announced a strategic joint venture with Vesto LLC. NetCents Technology, Inc. (CSE:NC) announced the signing of a Term Sheet outlining the creation of the joint venture technology license arrangement to offer the most complete crypto banking-as-a-service offering on the market. 

NetCents Technology Inc. is engaged in software development for the payment processing industry. It helps in KYC, AML, IP Verification, eWallets, Merchant Gateway, Blockchain and Cryptocurrency Technology, Risk and Fraud Reduction, and Instant Settlements.

Traders were excited on the news as shares traded up to a session high of $1.05/share (+9.37%). This move is a breath of fresh air for investors that have been holding since the mid-January pop up to $1.75/share.

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