Fleming Island, FL, March 24, 2021 (GLOBE NEWSWIRE) — OBITX, Inc., (OTCMKTS: OBTX), a complicated software program improvement and providers firm specializing in blockchain applied sciences and decentralized processing, introduced at this time that it has transformed 65% of its present and non-current cryptocurrency belongings into Bitcoin. The conversion was the primary official motion of OBITX Ventures, Inc., an entirely owned subsidiary of OBITX, who will handle the cryptocurrency belongings of the Firm. OBITX Ventures is at the moment placing collectively an unique advisory council throughout the blockchain and cryptocurrency markets.
OBITX present portfolio of cryptocurrency belongings consists of Bitcoin (BTC – 65%), an progressive cost community and the primary decentralized cryptocurrency; Gemini Greenback (GUSD – 21%), a USD backed stablecoin constructed by a safe, trusted, and controlled cryptocurrency trade; HEX token (HEX – 5%), touted as the primary excessive curiosity blockchain certificates of deposit, different Ethereum primarily based tokens (9%). Eric Jaffe, OBITX CEO said, “We’ll proceed to hunt the suitable mix of cryptocurrency belongings that may maximize progress and earnings for our shareholders as our income stream continues to develop. The institution of OBITX Ventures ensures we’ve got two clearly centered teams throughout the group. The primary is to proceed enterprise improvement searching for alternatives internally and externally, both by means of grass roots progress or acquisition, whereas the second is targeted on market consciousness, making certain our appreciating belongings are monitored and maximized.”
Headquartered in Fleming Island, Florida, OBITX, Inc., (OTCMKTS: OBTX) is a consulting and providers group specializing in blockchain applied sciences and decentralized processing.
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CONTACT: Eric Jaffe [email protected]