Veltyco Group PLC Blockchain and Cryptocurrency (9943Z)
21 December 2017 - 6:00PM
UK Regulatory
TIDMVLTY
RNS Number : 9943Z
Veltyco Group PLC
21 December 2017
21 December 2017
Veltyco Group plc
("Veltyco", the "Company" or the "Group")
Blockchain and Cryptocurrency
The Board of Veltyco Group plc (AIM:VLTY), the online marketing
company for the gaming industry, is pleased to announce that is has
commenced discussions with blockchain and cryptocurrency providers
to enter into partnerships to enable Veltyco's customers to use
cryptocurrencies to create one wallet for the Group's various
operating partners in the gaming industry.
A cryptocurrency is a digital currency in which certain
principles of cryptography are used to regulate the generation of
units of currency and verify the transfer of funds, operating
independently of any central bank. Cryptography is used to secure
the transactions and to control the creation of new coins.
Veltyco is planning to offer its customers the use of a crypto
wallet that can be used across the platforms of all of Veltyco's
partners, allowing customers access to each platform without having
to make separate deposits on the individuals platforms as well as
enabling Veltyco to cross-sell the different platforms to its
customer base.
Veltyco will provide further updates in this regard as
appropriate.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) 596/2014.
For further information, please contact:
Veltyco +44 (0)16 2460 5764
David Mathewson, Chairman
Marcel Noordeloos, CFO
Strand Hanson Limited (Nominated Adviser) +44 (0)20 7409 3494
James Harris
Richard Tulloch
James Dance
Northland Capital Partners Ltd (Broker) +44 (0)20 3861 6625
Tom Price
IFC Advisory (Financial PR) +44 (0)203 053 8671
Graham Herring
Tim Metcalfe
Miles Nolan
About Veltyco
Veltyco is a group of companies primarily focused on generating
marketing leads and entering into marketing contracts for the
activities of various partners in the gaming industry. Veltyco
focuses on complementary activities under one umbrella, leveraging
its historical cash generative activities of marketing online
casinos and sports betting.
Website: http://www.veltyco.com
This information is provided by RNS
The company news service from the London Stock Exchange
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