Global Payout, Inc. (OTC: GOHE) this morning announced that Crypto Cowboy, LLC, of which the company’s wholly owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”) has a 5% stake, has entered into an agreement with Sun Pacific Holding Corp (OTC: SNPW) to collaborate together to build, develop, and manage a private exchange for coin-based tokens. The companies also intend to launch Crypto Cowboys’ first private initial coin offering (“ICO”) backed by Sun Pacific’s Sun Green Coin. “This agreement between Crypto Cowboy and Sun Pacific is an incredible example of the impact and influence blockchain technology is just beginning to demonstrate across a wide variety of market sectors, and with our partnership with Crypto Cowboys, we are proud to be right in the middle of this exciting revolution. This agreement presents a very unique opportunity for MoneyTrac to play a pivotal role in the development and eventual launch of a private ICO and exchange,” MTRAC CEO Vanessa Luna stated in the news release.
To view the full press release, visit http://ibn.fm/fFY8l
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About Global Payout, Inc.
Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of comprehensive and customized prepaid payment solutions for domestic and international organizations distributing money worldwide. In 2014, Global introduced its first online payment platform called the Consolidated Payment Gateway (CPG), which allowed its enterprise clients to transfer money to international bank accounts, mobile accounts, and prepaid card accounts. The development of the CPG became the foundation for the introduction of its new, state of the art FINTECH payment system in 2017, for both online and mobile applications to allow account holders to maximize an expanded suite of financial services and minimize operational costs. Global will continue to offer their FINTECH payment system to many vertical markets for support of foreign currency exchange and digital currency, including ongoing support of the banking industry and international governments. For more information, visit the company’s website at www.GlobalPayout.com.
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