STOCKHOLM IT VENTURES ANNOUNCES TOKENIZATION DEAL AND €200 MILLION CAPITAL INCREASE WITH NETOIL, INC.
STOCKHOLM, SWEDEN (24 October 2018) – Stockholm IT Ventures AB (Frankfurt Stock Exchange: SVAB – ISIN SE 0006027546), today announced it has agreed to terms with international giant Netoil, Inc. on a capital injection of €200 million along with a tokenization deal for its oil delivery network starting in the middle east."Needless to say, this is a very exciting day for Stockholm IT Ventures" said Anthony Norman, CEO of Stockholm IT Ventures AB. "This is something we have been working towards for a very long time and the hard work has finally come to fruition. We are happy to be driving the