WTCG

Descrypto appoints industry expert Creenagh Flynn as Chief Marketing Officer

Retrieved on: 
Wednesday, March 2, 2022

West Palm Beach, FL, March 02, 2022 (GLOBE NEWSWIRE) -- Descrypto Holdings, Inc. (formerly W Technologies, Inc.) (Descrypto or the Company) (OTC: WTCG) announced today that it has hired Creenagh Flynn as its Chief Marketing Officer, effective immediately.

Key Points: 
  • West Palm Beach, FL, March 02, 2022 (GLOBE NEWSWIRE) -- Descrypto Holdings, Inc. (formerly W Technologies, Inc.) (Descrypto or the Company) (OTC: WTCG) announced today that it has hired Creenagh Flynn as its Chief Marketing Officer, effective immediately.
  • Ms. Flynn brings an invaluable amount of knowledge and a keen understanding in both the Blockchain and Decentralized Finance space, said Howard Gostfrand, CEO of Descrypto.
  • In addition, her in-depth understanding of the public markets and 18 years of experience in design, development and marketing technologies will serve Descrypto and its shareholders extremely well.
  • Ms. Flynn commented, "I am both honored and elated to join the Descrypto team as its Chief Marketing Officer.

Descrypto Holdings, Inc. Announces L.O.I. to Acquire Crypto Infrastructure & Marketing Company Areca Financial Services. Inc.

Retrieved on: 
Wednesday, January 12, 2022

West Palm Beach, Florida, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Descrypto Holdings, Inc. (formerly W Technologies, Inc.), ("Descrypto” or the “Company"), (OTC: WTCG) announced today that it signed a non-binding letter of intent to acquire Areca Financial Services, a Miami, Florida based privately owned single connection orchestrating platform for safe and fast financial transactions, compliance and KYC/AML, Token launch, NFT launch and IEO/ICO sale infrastructure that allow fintech and digital asset companies to quickly launch digital assets securely and reliably.

Key Points: 
  • Completion of the transaction is subject to customary conditions, including but not limited to the following key conditions:
    Execution of the Definitive Agreement;
    Completion of mutually satisfactory due diligence; and
    Receipt of all required regulatory, corporate and third-party approvals.
  • Descrypto expects to fund the acquisition with equity, the terms will be set in the definitive agreement and senior management of Areca Financial Services, Inc. is expected to join the Board of Directors of the Company
    As we embark on our acquisition strategy, we have identified Areca Financial Services as a growing, revenue producing company in the Crypto and Blockchain infrastructure ecosystem.
  • We are laser focused on building a leading blockchain technology company and we look forward to kicking it off with Areca Said Howard Gostfrand, CEO of Descrypto Holdings, Inc.
    Descrypto Holdings, Inc. is a diversified Crypto platform and holding company.
  • Descrypto is currently going through the FINRA corporate action process for its new name and trading symbol to be reflected as part of the Companys OTC Markets quote page.

W Technologies, Inc. Changes Name to Descrypto Holdings, Inc.

Retrieved on: 
Monday, January 10, 2022

The Company has been going through the FINRA corporate action process for the new name and trading symbol to be reflected as part of the Companys OTC Markets quote page.

Key Points: 
  • The Company has been going through the FINRA corporate action process for the new name and trading symbol to be reflected as part of the Companys OTC Markets quote page.
  • We are very excited to be developing a leading Blockchain, NFT, Crypto infrastructure holding company.
  • We are focused on digital financial services, NFTs and tokenization of assets which combined provide for a robust ecosystem providing investors an opportunity to invest directly into the emerging industry with exponential growth opportunities.
  • Descrypto is focused on delivering shareholder value by acquiring and developing high-quality digital assets and services companies which adhere to our ESG policies while increasing the value and adoption of blockchain technologies worldwide.