GRNL - Greenlite Ventures Inks Deal to Acquire No Limit Technology | Benzinga
BOCA RATON, Fla., May 17, 2024 /PRNewswire/ -- Greenlite Ventures, Inc. (OTC-PINK: "GRNL") has announced the signing of an Acquisition Agreement with No Limit Technology Holdings, Inc. (NLTH), an emerging powerhouse in the Sports Betting arena. The Agreement is scheduled to be finalized following a 30–45-day due diligence period.
NLTH stands at the forefront of innovation with the imminent launch of its revolutionary "No Limit Betting Exchange". By pairing bettors through a decentralized exchange rather than the conventional "betting against the house" paradigm, NLTH is able to provide a stunning 97% return rate to its players as opposed to the industry standard of 90%, while ensuring a guaranteed win for the Company on every transaction.
With a track record of success highlighted by its pioneering Daily Fantasy Sports platform that has brought the benefits of blockchain efficiency and cryptocurrency to sports betting, NLTH is poised to reshape the entire industry.
The incorporation of decentralized crypto wallets and smart contracts, powered by NLTH's proprietary peer-to-peer algorithms and NoLimitCoin, creates even more financial benefits for NLTH users. The Blockchain Smart Contract has eliminated the custody risk inherent in traditional betting platforms and gives NLTH players full control over their funds at all ...