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Smart Card Marketing Systems Inc. (OTC: SMKG): Crypto Reserve Order Opens Up Growth

Ian Leigh

Investors are naturally drawn to innovative companies involved in high-growth sectors, and hence, it is perhaps not a surprise that Smart Card Marketing Systems Inc. (OTC: SMKG) could be the one worth watching this morning. Yesterday, the company announced that the United States crypto reserves executive order was going to help in generating growth.

The Announcement

In the news release yesterday, Smart Card Marketing Systems announced a considerable update to its portfolio in addition to progress made to its PAAS (platform as a service) solutions. The company went on to note that the updates had been made with the aim of serving the needs of a range of industries and for remaining steadfast in its commitment to promoting digital transformations.

Further Information

It was also noted that the adoption of cryptocurrencies by the United States government would open up major new opportunities for the company. Smart Card Marketing Systems noted that the development would lead to a greater need for blockchain-backed payment systems to facilitate crypto payments and in tokenization and digital asset infrastructure development. In light of the announcement, it remains to be seen if the Smart Card Marketing Systems gets any attention today.

Key Quote

“Our mission is to empower mid-tier banks and medium- to large enterprises with the tools they need to navigate the evolving financial landscape,” said Massimo Barone, CEO of SmartCard Marketing Systems Inc. (OTC:SMKG) “With our PAAS strategy and embedded payments and digital assets solutions, we are uniquely positioned to help our clients capitalize on the opportunities presented by the U.S. adoption of cryptocurrencies and the transformation of Real World Assets.

Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.