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USA Real Estate Holding Co. (OTCMKTS:USTC) Is A Top Crypto Play

USA Real Estate Holding Co. (OTCMKTS:USTC) Is A Top Crypto Play
Written by
Jarrod Wesson
Published on
December 18, 2017
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Today, we are presenting a new business that is being assessed more and more on Wall Street.It is called USA Real Estate Holding Co. (OTCMKTS:USTC), a public holding company acquiring undervalued companies with high growth potential in the real estate and FinTech industries.What's happening with this company?In November, the company announced large amount of agreements with Cryptocurrency operators.It signed an agreement with BlockEx Limited, a financial technology firm based in London, England, to launch the world's first fully KYC'd Bitcoin Exchange Platform called COINXCESS.Additionally, another contract was signed with One Blockchain Limited to enhance Blockchain initiatives, as well as with AppSwarm, Inc. to launch a bitcoin mobile wallet. Image taken from the website of USA Real Estate Holding Co. OTCMKTS:USTCThis news among others made the share price creep up in November from below $0.05 to more than $0.15. Additionally, the trading volume spiked up as well.More than one million shares changed hands some days, which clearly shows that the market is becoming quite interested in the stock: 2 months chart for USTCEntering the cryptocurrency industryAccording to the company materials, USTC is a holding company acquiring "high growth potential, income-producing businesses, including real estate properties, all of which offer high returns for our investors."As we said previously, the market became excited when USTC commenced to acquire know-how in the cryptocurrency industry. Thus, we will focus on this activity of USTC.In September 2017, we got to know for the first time that USTC was entering this industry. The company released this letter from the CEO, wherein it was noted that the sector was large and it was growing rapidly:

"Over the last several months, the cryptocurrency market is growing rapidly. The overall market capitalization of cryptocurrency was $176 billion on September 1, according to data published by coinmarketcap.com. It’s been a wild ride for Bitcoin (BTC) since $5000 was tested at the start of September." Source

Let us remark that when the CEO of a holding company tells that a sector is interesting, it usually means that opportunities are being identified in this sector.On October 4, 2017, the new strategy became obvious when the company released the acquisition of 51% of Waltrump Technology.This new target, which is a software design and development company, was said to be helping the company enter the tech industry. Waltrump was interesting, as it owns an app which helps users request and receive money from friends and family. It was said to work "on Fiat currency like cryptocurrencies, such as Bitcoin and Ether." We believed that the company was going in the right direction.There is much more.On October 17, 2017, a Letter of Intent was signed with BlockEx Limited, under which both companies were going to launch a new Bitcoin & Cryptocurrency Exchange Platform called COINXCESS.Why would it be different from other platforms?It was said to be the world's first fully KYC'd cryptocurrency exchange platform. In addition, three levels of air-gapped security were going to be incorporated into the system.We appreciate the transaction, as it was the first one made with a company focused on the blockchain technology. Bilal Shafi, CEO of USTC, was quoted noting how important this technology will be in the future:

"The blockchain technology is growing and has the power to disrupt the way finances are conducted globally. With the volumes surges from Bitcoin and Ethereum, now it's the best time to get onboard. There is an enormous awaking from traders all over the globe, increasing the overall transactions by more than 800% since January 2017." Source

More information came from the company in November, which was the month in which market participants commenced to push up the share price.On November 14, 2017, a new Letter of Intent was signed with AppSwarm, Inc. for the development of a smartphone based cash and bitcoin mobile wallet. We appreciate the announcement, as the company will be working with a company that has 30 years of experience of publishing mobile apps.As it was noted in the press release, USTC is now very well positioned to grow at the pace of the cryptocurrency sector.On November 17, 2017, USTC released that it would be enhancing its Blockchain initiatives through its wholly owned subsidiary called One Blockchain Limited. It noted that it was going to do a name change and do Canadian listing in order to facilitate future asset acquisition in blockchain technology.Again, we believe that the step is quite positive for shareholders.The best had still to be released.On November 21, 2017, the company announced which was, in our opinion, the most interesting development. BlockEx Limited had finally signed a definitive agreement, so both companies were going to launch the world's first fully KYC'd Bitcoin Exchange Platform called COINXCESS.Reduction of the authorized sharesOn top of all the good developments, the company is reducing the amount of authorized shares of common stock. On November 2, 2017, the company noted the reduction of authorized shares of common stock to Five Hundred Million . The CEO, Bilal Shafi, said the following:

"We have decided to decrease the number of shares authorized, as we believe a lower number of authorized shares will allow us to sustain a good stock price while building a solid market cap for the company in the long term," Source

ConclusionCurrently trading with a market cap of $32 million, USTC is an exciting story among small caps. The company has well-positioned itself in the fast-growing crypto space. Look for further share price appreciation as more news hits the tape and the sector continues to outperform.We will be updating our subscribers as soon as we know more. For the latest updates on USTC, sign up below!Disclosure: We have no position in USTC and have not been compensated for this article.Image courtesy of Microsiervos via Flickr

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