TSNP Stock and HUMBL: A Blockchain Story That Raises Big Que

TSNP Stock and HUMBL: A Blockchain Story That Raises Big Questions


Tesoro Enterprises and HUMBL: A Blockchain Story That Raises Big Questions
Do HUMBL's new blockchain offerings justify its $5 billion value? We don't know yet.
By
Sarah Smith, InvestorPlace Web Content Producer
Feb 11, 2021, 9:58 am EDT
February 11, 2021
Tesoro Enterprises (OTCMKTS:
TSNP) saw its stock gain 275% last week after the company announced a new lineup of ETF-styled blockchain investments. The gains for TSNP stock took its valuation as high as $8 billion, prompting
InvestorPlace Markets Analyst Tom Yeung to ask “What’s Going on With Blockchain Play Tesoro Enterprises?”
Source: Marko Aliaksandr/ShutterStock.com
Well, what is going on with Tesoro Enterprises?
Historically, Tesoro Enterprises has been a home-renovation retailer for individual and commercial customers. It sold floor and wall covering materials, operated retail showrooms for tile and also provided a variety of natural stone products. In December 2020, Tesoro walked away from that history, announcing it had completed a merger with HUMBL, LLC. At the time of the merger announcement, the newly combined company said that Tesoro will start trading as

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