Nextplay technologies enters into agreement to acquire crypto technology from token iq to enhance fintech and ico portal offerings

Sunrise, fl, aug. 25, 2021 (globe newswire) -- via newmediawire -- nextplay technologies, inc. (nasdaq: nxtp), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, has entered into a definitive agreement to acquire 100% of the assets of token iq, a leading innovator in digital asset management with its smart compliant token technology. token iq has many unique capabilities, but its greatest attributes are its ability to afford cryptocurrency owners a solution to replace their assets should they lose access to, or control of, their assets and its handling of “know your customer” (kyc) issues -- solving many key regulatory requirements. nextplay will not only look to license the ip, but also plans to integrate the service into its wholly owned bank -- nextbank international to better serve its cryptocurrency customers.
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