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What Caused The Interlapse (INLAF) Stock Rise 548%?

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Interlapse Technologies Corp (OTCQB: INLAF) closed yesterday with a gain of 548.72% to $4.00. Interlapse stock saw a volume of 14.82K shares versus its average weekly volume of 4.04K shares. After the company begin trading in the United States on the OTC venture market, INLAF stock rose.

What actually happened?

Interlapse Technologies is a financial technology company that is leading the adoption of virtual currencies around the world. Coincurve, INLAF’s flagship product, enables anyone to buy, sell, exchange, and spend digital currencies, including Bitcoin, Ethereum, Litecoin & Bitcoin Cash, instantly on the web.

INLAF added a number of features to Coincurve to accelerate growth of new customers and monetize existing ones. Coincurve will launch in Australia/New Zealand soon as Interlapse has been evaluating new jurisdictions. Interlapse as a technology issuer can also capitalize on complementary and/or revolutionary M&A opportunities identified by INLAF.

It was announced last week that Interlapse has begun trading on the OTCQB Venture Market in the United States. As an emerging company both in Canada and now in the US, INLAF now enjoys access to a larger investor base.

How does it affect INLAF?

Interlapse (INLAF) platforms will be leveraging the power of the blockchain to develop new products in the real world, taking advantage of the opportunities presented by this shift in delivery. INLAF’s stockholders in the United States will also benefit from the listing in the United States.

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