Axis Technologies Group Inc. (OTCMKTS:AXTG) soared 98% after announcing receipt of exclusive rights to develop, sell and market the first of its anticipated premium-experience line of Non Fungible Tokens through its ETHFUND platform. The tokens consist of the coveted historic baseball with autographs of leading Major League Baseball legends, Roger Maris and Babe Ruth.
The baseball considered one-of-a-kind memorabilia bears Roger Maris and Babe Ruth’s signatures, who signed it when each was crowned the Hoe-Run King. Ruth signed the ball in the 1940s following the achievement of his single-season record (60 HRs), while Maris signed the same baseball after the game that established a new record (61HRs) in 1961.
The company’s CEO William Tien has issued a letter to shareholders in which he shared the progress the company has made since his appointment in 2019. He said that AXTG is promoting, developing, marketing, and managing different aspects of DeFi and will accomplish the goal of vial strategic investments and acquisitions. As a result, AXTG is a company to watch in the DeFi sector.
Market Reaction:
On Friday, AXTG stock soared 98% at $0.1100 with more than 57.01 million shares, compared to its average volume of 2.51 million shares. The stock has moved within a range of $0.0570 – 0.1100 after opening the trade at $0.0589.
