Packers Pro Stockers is looking to reduce costs by as much as $200 billion annually by 2040.
The company says its new stock buying platform, the GldShop, will enable more efficient and transparent stock-buying processes, including eliminating transaction fees for the buyer and seller and reducing inventory levels.
The platform also makes it easier for customers to track inventory levels and track stock prices.
A report by the New York Stock Exchange’s stock-tracking site showed that the GLDShop will generate $4.7 billion in revenue by 2041.
Packers said the platform will allow buyers to get a better price for their stocks, which will also improve the bottom line for the company.
“The Gld shop is going to be a game changer for our shareholders,” Packers CEO Kevin O’Donnell said in a statement.
“The platform will deliver on our commitment to the long-term stability of our stock price.”
The stock market has been losing value over the last two years, with the Dow Jones industrial average falling nearly 20 percent since the beginning of this year.
It’s the second consecutive year that the Dow has lost nearly 20% of its value, after it fell 25 percent in 2015.