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New World Solutions Enters $31 Billion Global Watch Market With Acquisition of Majority Stake in dialMKT

New World Solutions Inc. (CSE:NEWS) has taken a significant step in the $31 billion global pre-owned watch market by acquiring a 51% stake in dialMKT Corp. This move allows New World to capitalize on the digital transformation of the watch market, notably through the blockchain-powered digital ecosystem developed by dialMKT.

dialMKT integrates e-commerce, content, and community within its platform, providing an authenticity and ownership history service via blockchain technology, similar to CARFAX in the pre-owned car market. The e-commerce launch, set for the next 30 days, aims to boost revenues during the critical fourth-quarter holiday season.

The watch market has tremendous growth potential, supported by increased interest from both younger collectors and high-profile personalities. Institutional and billionaire investors have also recognized its potential, further validating market optimism.

R. P.

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