TSXV: INLA | OTCQB:INLAF
VANCOUVER, BC, June 10, 2020 /CNW/ - Canadian-based financial
technology applications company, Interlapse Technologies Corp.
(TSXV: INLA / OTCQB: INLAF), reports continued growth from the
Company's virtual currency platform, Coincurve.com.
Since the beta and the official launch of Coincurve on
June 19, 2019, the platform has
processed over 11,000 transactions and $2.3
million in sales volume.
"The organic growth for Coincurve and the virtual currency
market in Canada has been very
encouraging. Also, we are poised to launch our platform into
international markets alongside increasing virtual currency
adoption." commented Wayne Chen, CEO
of Interlapse Technologies Corp.
In May 2020, Coincurve achieved
its best performing month from its Canadian operation. As of
May 31, 2020, the Company posted
monthly average increase of 102% in volume and a 141% increase
in revenues since the beta launch of Coincurve.
"Although in early stages of adoption, virtual currency has a
great future on the horizon." Mr. Chen continued. "In addition to
being recognized as a store-of-value, virtual currency is a
revolutionary technology, which has immense, international-scale
business value for tech-driven financial applications."
About Interlapse Technologies Corp.
Interlapse
Technologies Corp. is a financial technology applications company
accelerating the global mega-trend of virtual currency adoption.
Our signature product, Coincurve.com, enables a simple, safe way to
buy and spend virtual currency.
To learn more, visit www.interlapse.com.
Neither TSX-V nor its Regulation Services Provider (as that term
is defined in the policies of the TSX-V) accepts responsibility for
the adequacy or accuracy of this release.
Forward-Looking Information
Statements contained in
this release that are not historical facts are forward-looking
statements that involve various risks and uncertainty affecting the
business of Interlapse. In making the forward-looking statements,
Interlapse has applied certain assumptions that are based on
information available, including Interlapse's strategic plan for
the near and mid-term. There can be no assurance that such
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on
forward-looking information. Interlapse does not undertake to
update any forward-looking information, except in accordance with
applicable securities laws.
Interlapse Technologies Corp., 885 West Georgia
Street, Vancouver, BC V6C 3E8,
Canada
SOURCE Interlapse Technologies Corp.