Vemanti Group Announces The Establishment of New Subsidiary For Its Planned Blockchain Business

IRVINE, Calif., June 23, 2021 (GLOBE NEWSWIRE) — Vemanti Group, Inc. (“Vemanti” “Vemanti Group” or the “Firm”) (OTCQB:VMNT), a multi-asset technology-driven firm, as we speak introduced the institution of a brand new wholly-owned subsidiary underneath the title of Vemanti Digital, Ltd. (“VDL”). VDL might be a part of the Firm’s enterprise plans and intends to behave as a monetary know-how platform that empowers shoppers and companies to make the most of the facility of public blockchains for cross-border funds, commerce, and monetary transactions, together with however not restricted to functions similar to Decentralized Finance (DeFi) lending/borrowing, staking/swapping, asset tokenization, digital forex minting/mining, and Non-Fungible Tokens (NFTs).

Tan Tran, CEO of Vemanti Group, commented, “We acknowledge that blockchain and digital forex have the potential to boost effectivity, decrease prices, and foster broader monetary inclusion. We’re steadily implementing our technique to get extra entrenched within the monetization of blockchain functions and to bridge the hole between conventional and decentralized finance. With a spotlight of fixing real-world issues for the underbanked of the world, we consider the institution of a brand new subsidiary will function a strategic enterprise unit on which we will count on large future income development. As an SEC reporting firm, it additionally displays our dedication to advertise the advantages of innovation by way of transparency, belief, and regulatory compliance.”

For extra information and updates, shareholders and potential traders are inspired to observe @Vemanti on Twitter (https://twitter.com/Vemanti).

About Vemanti Group, Inc.

Vemanti Group, Inc. (OTCQB:VMNT) is a technology-driven firm that seeks to grow to be energetic in high-growth and rising markets. The Firm’s mission is to advance monetary inclusion for the unbanked underbanked shoppers and companies of the world. It’s targeted on constructing a monetary ecosystem primarily based on modern fintech and blockchain functions. To be taught extra about VMNT, go to www.vemanti.com.

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About Vemanti Digital, Ltd.

Vemanti Digital, Ltd. (VDL) is a wholly-owned subsidiary of Vemanti Group with a concentrate on blockchain-based merchandise and decentralized monetary companies. VDL is predicated in Tortola, BVI.

Authorized Disclaimer

This press launch could embrace, and oral statements made every now and then by representatives of the Firm could embrace, “forward-looking statements” inside the that means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Change Act of 1934, as amended. Statements concerning potential enterprise mixtures and the financing thereof, and associated issues, in addition to all different statements aside from statements of historic reality included on this press launch are forward-looking statements. When used on this press launch, phrases similar to “anticipate,” “consider,” “proceed,” “may,” “estimate,” “count on,” “intend,” “could,” “would possibly,” “plan,” “potential,” “potential,” “predict,” “challenge,” “ought to,” “would” and comparable expressions, as they relate to us or our administration crew, determine forward-looking statements. Such forward-looking statements are primarily based on the beliefs of administration, in addition to assumptions made by, and knowledge at the moment obtainable to, the Firm’s administration. Precise outcomes may differ materially from these contemplated by the forward-looking statements on account of sure elements detailed within the Firm’s submitting with the Securities and Change Fee (“SEC”). All subsequent written or oral forward-looking statements attributable to us or individuals performing on our behalf are certified of their entirety by this paragraph. Ahead-looking statements are topic to quite a few circumstances, a lot of that are past the management of the Firm, together with these set forth within the Threat Elements part of the Firm’s Kind 10 filed with the SEC. The Firm undertakes no obligation to replace these statements for revisions or modifications after the date of this launch, besides as required by regulation.

Contact Info

Vemanti Group, Inc.Investor Relations(800) 768-1288ir@vemanti.com