KYN Capital Group Inc (OTCMKTS:KYNC), the holding company working on acquisitions in blockchain, entertainment, cryptocurrency and touchless payment verticals, Capital Group, on May 4, announced future release of augmented functionality on the Koinfold Digital App. The new Koinfold suite will be including new exchange, payment as well as debit card system.
Trading Data
On Wednesday, KYNC stock gained 7.15% to $0.0030 with 61.75 million shares, compared to its average volume of 58.89 million shares. The stock moved within a range of $0.0009 – 0.0010 after opening trade at $0.0009.
KYN Capital Group Announces Expansion of the Koinfold™ Digital App
With the goal of increased functionality as well as lower complexity, the suite will enable users to exchange Crypto to Fiat for usage in countries not allowing to payments directly to Crypto. The firm wants to enable Crypto to Fiat exchange for ensuring that users of the app have access to funds despite being in different locations. KYN Capital Group is also making the apps that are easy to use as well as easy to transfer.
An extra revenue stream will be added to the KYN Capital Group with fresh update on Pay, which will be ‘How that integrates event ticket sales’
This fully functional event ticket buy section will be integrated in Pay. How by the end of Q2. The company is also engaged in launching its Merchandise site on https://kync.shop.
The goal of the group is to join expertise of team members to create a cohesive force, that can take the company forward in the marketplace.
Technical Data
KYNC stock is trading below the 20-Day and 50-Day Moving averages of $0.0031 and $0.0034 respectively. Moreover, the stock is trading below 200-Day moving average of $0.0090.
