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Los Angeles, CA, Jan. 09, 2018 -- World Poker Fund Holdings, Inc. (OTC PINK: WPFH), a leading developer and operator of on-line technology, gaming platforms and brands, announces today that it has secured $1.5 Million for the initial development of its OPSTI™ cryptocurrency services and payment platform from Periodic Holdings. WPFH will receive the funds as pre-determined development milestones are reached. The financing is in the form of a non-dilutive (non-convertible) promissory note and also includes a repayment option in the form of digital currency. Travis Kasper, Chairman of WPFH, also is a principal of Periodic Holdings.
OPSTI™ will include a cross-exchange currency management solution, consumer wallet services, as well as other on-line cryptocurrency payment services. OPSTI™ allows individuals and organizations a centralized service for the management of their cryptocurrency portfolio and the integration of a consumer-based wallet that enables the transformation of cryptocurrency for purchase of goods though fiat currency. OPSTI™ is an end to end solution facilitating full cryptocurrency management and life cycle services from purchase to sale across virtually all venues, ranging from individual peer to peer transfer too currency exchanges.
“We believe that OPSTI™ will become the standard platform for cryptocurrency exchange and trading across all markets and make cryptocurrency accessible to consumers in their everyday life,” says Travis Kasper, Chairman of WPFH.
About World Poker Fund Holdings, Inc.
World Poker Fund Holdings, Inc. is a leading developer and operator of on-line technology, gaming platforms and brands. The company is currently in the final stages of launching its two-core celebrity driven social gaming brands for online poker and casino gaming. The company does not offer any games or gaming opportunities for cash in the United States and is not licensed as a gaming operator in the United States or any other jurisdiction.
To learn more about World Poker Fund Holdings (WPFH) and its upcoming events, please visit www.worldpokerfund.com.
Safe Harbor Statement
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Contact: Eddie Kwong 626-466-9734 [email protected]
