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Banxa Holdings Inc V.BNXA

Alternate Symbol(s):  BNXAF

Banxa Holdings Inc. is a Canada-based company, which provides a financial technology platform. The Company’s principal business activity is being a payment service provider to global cryptocurrency exchanges. The Company’s products include On & Off Ramps, NFT Checkout, OpenRamp and Token Listings. It offers extensive global and local payment options resulting in conversion rates up to three times higher than credit card-only solutions. Its fiat-to-crypto On & Off Ramp solutions enable users to conveniently and securely convert traditional fiat currencies into cryptocurrencies. Its product is a full-stack solution, including UI, Identity know your customer (KYC), Payments, Crypto Liquidity Management and Customer Support. Its NFT checkout solution is offered both in the primary and secondary markets. OpenRamp offers a streamlined solution for on & off ramping, enabling users to effortlessly transition between traditional financial systems and the decentralized blockchain world.


TSXV:BNXA - Post by User

Comment by Vancity1on Nov 02, 2024 1:07am
103 Views
Post# 36293395

RE:THE SECOND RUN AT $8.00 PLUS CAN EASILY HAPPEN AGAIN . YES.

RE:THE SECOND RUN AT $8.00 PLUS CAN EASILY HAPPEN AGAIN . YES. Was a totally different company in 2021, the cycle was different, the way the company communicated growth to the market was different and the sentiment with investors because the IPO and mania in the markets around crypto companies. This company has burned so many people and the investors that HODL shares currently are not buying anymore, that's evident today with volume at ZERO shares traded. The balance sheet is dismal, and HODL'ers are angry about the way the company has been run into the ground. Just hope for a buy out at this point because that's best case scenario. I think Banxa could be a premier on and off ramp into the future but that's not going to happen under current management. Banxa needs a saviour to come and scoop them up and build them up to where they need to be with fresh capital and a new lease on life. 
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