SUIC owns 49% of Midas Touch, with a committed over $ 100 million supply chain fund and breakthrough technology, partners with Suntech to create an ecosystem that helps payment service companies and merchants in line around the world to enter the supply chain market and the hundreds of billions of dollars in lending and borrowing markets
NEW YORK, NY and TAIPEI, TAIWAN / ACCESSWIRE / June 15, 2021 / Sino United Worldwide Consolidated Ltd. (OTC PINK: SUIC) acquires 49% stake in Midas Touch of UK and partners with Suntech Technology, Taiwan to create an ecosystem that would help countless payment service companies and online merchants around the world. This will allow SUIC to participate in the trillion dollar supply chain and lending-and-borrowing markets. Midas Touch was successful in attracting numerous financial partners to commit over $ 100 million in funding for supply chain projects, which would help buyers and suppliers to optimize their business transactions, activate working capital and to stimulate the growth of their own businesses.
SUIC Suntech and Midas Touch Launch Their Revolutionary All-in-One DeFi Platform to Execute Cashless Transactions and Meet Payment and Receipt Obligations Seamlessly, a Highly Secure Blockchain Infrastructure Network of the DeFi Ecosystem. Midas Touch DeFi supply chain finance solutions can provide digital currency holders and retail investors with access to commodities, digital assets, securities, derivatives and even stocks.
The Midas Touch ecosystem is growing to be one of the world’s leading payment gateways, and with proprietary apps, EC Honeycomb App, Flash Pay App, and CQ App, among others, are able to facilitate the streamlining of all of its payment gateway services to provide real-time cashless transactions for the purchase of products and services among their target customers and participants, namely DEX, DAH, PSP, EC, SP, MC, SI, FI, DAH.
The Midas Touch ecosystem also enables decentralized crypto currency exchange integrated with fiat to crypto and crypto to fiat cashing, even when traders and investors are using their credit and debit cards. Therefore, digital assets and crypto coins can be used to buy and sell goods and services through the Midas Touch DeFi platform. It also offers quantitative and leveraged trading services for digital assets with stable returns.
About Midas Touch, United Kingdom
Midas Touch was established in UK in 2010, is a duly registered company with a commercial license to operate. Midas Touch offers guarantees against fraud in the area of ââdigital currency, for example the counterfeit transfer of digital money into wallets. Focus on digital asset management and provide businesses with decentralized finance (DeFi) and other innovative full supply chain financial services. Thus, solve the problems of capital turnover on the site of supply and demand. To learn more about Midas Touch, visit their website at www.midas-touch.io.
About Sino United Worldwide Consolidated Ltd., United States
The Sino United Worldwide Consolidated Ltd. provides research and development, venture capital financing and investment services in private companies and the public sector that develop products and services by adopting basic capabilities of Internet of Things, cloud computing, of mobile payment, big data, blockchain and artificial intelligence, to improve and streamline existing processes, and establish exciting new business models that will create revolutionary products and services. SUIC shareholders will be exposed to various applications of advanced services in various sectors of the economy. In addition, existing and potential customers can benefit from this company’s diverse portfolio of technologies. As one of the pioneering publicly traded technology companies, SUIC will help create the technology companies of the future. For more information, please visit www.sinounitedco.com.
Certain information contained in this document contains “forward-looking information”, including “forward-looking financial information”; and âfinancial outlookâ under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained in this document constitutes forward-looking statements and includes, but is not limited to, (i) the projected financial performance of the Company; (ii) the realization and use of the proceeds from the sale of shares offered hereunder; (iii) the expected development of the Company’s activities, projects and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activities and global growth; (v) the sources and availability of third party funding for the Company’s projects; (vi) the completion of the Company’s projects which are currently underway, under development or under study; (vi) the renewal of the Company’s current agreements; and (vii) future liquidity, working capital and equity needs. Forward-looking statements are provided to enable potential investors to understand management’s beliefs and opinions regarding the future so that they can use these beliefs and opinions as a factor in valuing an investment.
These statements are not guarantees of future performance and should not be relied on unduly. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results for future periods to differ materially from projections of future performance or results expressed or implied by such forward-looking statements. .
Although the forward-looking statements contained herein are based on what the management of the Company considers to be reasonable assumptions, there can be no assurance that the forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated. in these statements. The Company assumes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions change, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
Sino United Worldwide Consolidated Ltd.
New versions department
SOURCE: Sino United Worldwide Consolidated Ltd.
See the source version on accesswire.com:
https://www.accesswire.com/651386/SUIC-owns-49-Midas-Touch-with-over-100-Million-Supply-Chain-Fund-Committed-and-Revolutionary-Technology-Partners-with-Suntech- to-build-an-ecosystem-that-helps-payment-service-companies-around-the-world-and-e-commerce-merchants-Enter-the-hundreds-of-trillions- of-supply