NFT Tech has announced that it qualifies for DTC deposits, expanding access to common stocks for US investors


Vancouver, British Columbia, August 02, 2022–(Business Wire)–NFT Technologies Inc. (NEO: NFT | Frankfurt: 8LO | OTC Rose: NFTFF) (“NFT Tech”)A major technology company announced today that it has expanded access to decentralized ownership, NFTs and Metaverse to public markets, electronic clearing and settlement through the Depository Trust Company (“DTC”) to global investors. America.

DTC is a subsidiary of Depository Trust & Clearing Corporation, an American company that manages the electronic clearing and settlement of publicly traded companies. As the world’s largest securities depository, DTC holds over thirty-five trillion dollars worth of securities on deposit. Securities that are eligible to be cleared electronically through the DTC are considered “DTC Eligible”. The qualification will provide a simplified electronic trading system that will enable timely settlements and expand NFT Tech’s reach in the US market, as well as increase the availability of common shares.

“More access to investors is key and is consistent with our strategy of working with global brands. International markets remember that we are working with globally recognized brands and we have a long-term goal of acquiring 50 brands in the next 2 years,” said Adam de Cata, CEO of NFT Tech, American. We are excited to explore the market further and DTC is a big step as we launch brands with longevity and royalty potential.”

In addition to opening the door to new investors in the North American region, existing investors can benefit from greater liquidity and execution speed due to DTC eligibility, which simplifies the trading process and allows NFT Tech shares to be traded on a wider selection of brokerage firms. .

About NFT Tech

NFT Tech works to develop infrastructure, assets, real estate and IP in the Metaverse, build and monetize P2E and M2E games, and bring insights and benefits to public markets. Bridging the gap between traditional capital markets and the Web3 space, NFT Tech is handling decentralized ownership, NFTs and the meta-adverse. Current projects include founding the GOAT Guild and Fuku.

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A cautionary note on forward-looking information

This press release contains certain forward-looking statements within the meaning of applicable securities laws relating to the Company. These forward-looking statements are generally characterized by words such as “believe,” “project,” “expect,” “predict,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan.” ,” “may,” “should,” “will,” “will,” and similar expressions. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, the Company should not place undue reliance on such forward-looking statements and information because the Company believes that they will be NO GUARANTEE IS PROVIDED. CORRECT. Because forward-looking statements and information relate to future events and conditions, they inherently involve risks and uncertainties. Many factors could cause actual results to differ from the forward-looking statements in this press release, including, without limitation, the risks described in the prospectus. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements and information contained in this news release speak as of the date hereof and the company may change them based on new information, future events or otherwise. It undertakes no obligation to publicly update or revise any forward-looking statements or information, except as required by applicable laws.

No securities regulatory authority has approved or disapproved the contents of this news release. Neo Exchange has not reviewed or endorsed this press release for the adequacy or accuracy of its content.

This news release does not constitute an offer to sell or an offer to sell any securities in the United States. The Securities have not been and will not be registered under the US Securities Act of 1933 (the “US Securities Act”) or any state securities laws and may not be offered or sold in the United States or to US persons (as defined in Regulation S of the US Securities Act) under the US Securities Act and applicable state securities laws. Unless laws are registered or exempt from such registration.

Check out the source version at businesswire.com: https://www.businesswire.com/news/home/20220802006166/am/

Contacts

Email: ir@nfttech.com
Phone: +1 (604) 800-5838





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