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Novatti Group ( (AU:NOV) ) has issued an announcement.
Novatti Group Limited, holding a 57% interest in AUDC Pty Ltd, announced a strategic partnership with Coinbase to list AUDD, the first Australian Dollar-backed stablecoin on the platform. This move positions AUDD as a leading stablecoin in Australia, enhancing digital transaction capabilities and expanding the stablecoin economy. The partnership reflects growing momentum in the stablecoin sector and validates Novatti’s investment strategy, offering significant potential upside for shareholders without additional capital requirements.
More about Novatti Group
Novatti Group Limited is a leading Australian payments company established in 1995, providing comprehensive payment solutions for fintechs and corporates. It offers tailored online, in-person, international, and card payment solutions, simplifying customer payment needs in a digital world.
Average Trading Volume: 778,124
Technical Sentiment Signal: Sell
Current Market Cap: A$17.43M
Find detailed analytics on NOV stock on TipRanks’ Stock Analysis page.