Net Savings Link is on target to become second U.S. cryptocurrency exchange

SlavkoSereda/iStock via Getty Images Shares of the blockchain cryptocurrency platform Net Savings Link (NSAV) surge 26% to $0.04 today as it expects to launch its crypto exchange on August 9, making it the second U.S. publicly traded crypto exchange within the $2T marketplace, following the Coinbase IPO in April. It will own 100% of the exchange and it will carry the NSAV brand name. NSAV management aims to capture a "significant share of the massive Chinese cryptocurrency market," the company said. Currently, the Huobi Cryptocurrency Exchange has a 24-hour trading volume of more than $6B and 40% of its users are from China; it's No. 3 globally in daily revenue at $2.29M behind Upbit at $3.42M and industry leader Binance at $3.48M. Net Savings Link aims to provide software solutions, e-commerce, advisory services financial services, and information technology. Yuen Wong, NSAV director, CEO of LABS Group and managing partner at Bitmart Cryptocurrency