NoviqTech (ASX: NVQ) chief executive officer Freddy El Turk joins Small Caps to discuss the company’s recent moves which are aimed at expanding its blockchain powered ledger and carbon footprint monitoring expertise to the world.
Earlier this week NoviqTech announced is in advanced discussions to list its shares on the OTC market in the United States.
He told the ASX that trading of NoviqTech’s shares on the OTC is aimed at enhancing the visibility and accessibility of the company to North American investors.
That news followed the company revealing it had received strong industry support
for a strategic placement to raise more than $1 million.
The funds were raised to help the company to accelerate the development of its blockchain-powered solutions.
The placement was supported by several industry professionals, most notably by globally renowned investor, Tony G.
Tony G brings to NoviqTech deep expertise in disruptive technologies and an influential network spanning both private and public sectors.
His investment is considered a resounding endorsement of NoviqTech’s strategy to redefine transparency and accountability in sustainability and a commitment to the company’s innovative approach and confidence in blockchain’s transformative potential.
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date 2024-11-22 20:20:15
views 1017
author UCVZLp50d5Nxn5pAE9ZFFCoQ
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Here’s a summary of the transcript for an average intelligent interested reader:
NoviqTech, a company that combines blockchain, AI, and sustainability, has seen its share price surge by nearly 300% in the last week. In this interview, the company’s CEO, Freddy Elk, shares insights on the company’s growth strategy and vision for the future.
NoviqTech is listed on the ASX and is now planning to list on the US OTC market, which will open up new opportunities for the company. Freddy mentions that the company has received significant backing from global investors including Tony G, a prominent entrepreneur and advocate for blockchain technology.
The company’s tokenization strategy is a key part of its growth plan, which will allow it to create new revenue streams and improve the transparency and accountability of ESG (Environmental, Social, and Governance) reporting. Freddy believes that NoviqTech is well-positioned to be a leader in the intersection of blockchain and sustainability, and that its tokenization strategy will be a game-changer for the industry.
In terms of opportunities, Freddy sees NoviqTech’s growth potential as immense, with plans to expand into new markets and regions, including North America, Europe, and Asia. He also highlights the company’s commitment to sustainability, calling it a “game-changer” for the environment.
Overall, NoviqTech’s growth trajectory and potential make it an exciting development in the DeFi (Decentralized Finance) space. With its strong backing and innovative approach, the company is poised to make a significant impact in the coming months and years.
