We’ve certainly done quite lot of speculating in the burgeoning and trendy cryptocurrency space, and Envoy Group Corp. (OTCMKTS:ENVV) we’re noticing, has a new and unique approach to a currency conversion platform that has the potential to turn some heads as a much needed service in the arena.
The company also announced a sharp new name to go with this new facet of its business, which could get very interesting with the help of the new service and changes ahead for the company. That notion is also bostered by the sheer popularity of Bitcoin and other cryptocurrencies, the former of which recently hit incredible new highs.
To coincide with and capitalize on the Bitcoin/cryptocurrency boom and the digital and real world economies it is giving rise to, Envoy Group Corp. (OTCMKTS:ENVV) announced its execution of an exclusive licensing agreement of the most robust Digital-to-Real Financial Trading and Processing Platform and its new name, Black Cactus Global. The Company will offer the first fully functional, state-of-the-art Transaction Processing Service that accommodates a comprehensive and secure Global Payment and Financial Trading Platform which allows users to easily move from Fiat to Digital currencies and from Digital currencies to real commodities or equities.
This groundbreaking platform design is mobile device ready and will be a critical component for expanding and reconciling cryptocurrency transactions that now average 3 Billion dollars per day, as well as extending Blockchain into numerous additional sectors and applications. Multiple currencies, multiple exchanges and a wide array of applications are all available to platform users.
This latest development is part of The Company’s corporate development strategy that focuses on the rapidly expanding Digital Financial sector, collectively now worth over 150 Billion US Dollars. The Company’s exclusive focus will now be working in tandem with the platform’s innovative design team, Black Cactus Holdings, to become the premier Digital Asset Financial Technology Company.
Black Cactus Holding’s Co-founder and Managing Director, Lawrence Cummins, who holds degrees from The University of Oxford and Northwestern will become CEO of The Company. Lawrence’s background and experience encompasses Blockchain and supporting technologies including AI, big data analytics and predictive analysis. Lawrence has over 30 years’ experience as a software engineer and architect using analytical tools in various commercial and defense project applications, as well as 12 years in private equity specializing in mergers and acquisitions.
Harp Sangha, Chairman and CEO of Envoy Group stated, “This is a game changing milestone for Envoy and the Digital Currency world. The vast expertise and credentials of Lawrence Cummins and Black Cactus Holdings is unsurpassed in the Blockchain and Digital Currency field. Our Digital-to-Real Financial Trading and Processing Platform launches Envoy to a pre-eminent position in the Digital Financial Sector.” (Source: Globe Newswire)
We’re excited to see if Envoy, soon to be Black Cactus, will take full advantage of getting in on what is essentially the ground floor of what many are a calling the wave of the future. We’ll also be waiting for its official name change to be recognized by OTC Markets, and did not receive word as to whether a symbol change will accompany the new name, so we’ll have to watch out for more on that story. Stay locked to Street Register for updates, and we’ll deliver important developments on ENVV as they unfold. In the meantime, if you’ve yet to sign up for our 100% free newsletter, do so now! Just enter your active email address into the box below and submit!
Disclosure: No one at Street Register has been compensated in any way for the publishing of this article, nor do we hold any position in ENVV stock, short or long.