SUNRISE, FL, July 29, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — NextPlay Technologies, Inc. (Nasdaq: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, today announced the formation of NextCapital, Inc., a consolidation of NextPlay’s financial services, fintech, and insurtech operations including its majority ownership of Longroot Limited — which controls Thai SEC-authorized Initial Coin Offering portal Longroot (Thailand) Company Limited — and wholly-owned NextBank International, previously International Financial Enterprise Bank (IFEB) headquartered in Puerto Rico.
Appointed to lead NextCapital as Chairman and acting CEO will be NextPlay co-Chairman J. Todd Bonner, a former co-founder and director of Pacific Century Insurance Limited Hong Kong, which was sold to Fortis Insurance Asia in 2007 for approximately $900…
