KYN Capital Group, Inc. (OTCMKTS:KYNC) is gaining momentum in the opening session on Monday after soaring 20% last Friday.
Market Reaction: Stock Gains
As of 9:42, KYNC stock moved up 3% to $0.0210 with more than 59.38 shares, compared to its average volume of 152 million shares. The stock has moved within a range of $0.0182 – 0.0210 after opening the trade at $0.210.
KYN Capital Group, Inc. Reveals Koinfold™ Debit Card
- announce the next component of the Koinfold™ Suite; the Koinfold™ Debit Card. The Koinfold™ Debit Card will be directly linked to the user’s Koinfold™ account. The Koinfold debit card looks to be much more than a great revenue stream to the company.
- While the planned rollout of the Koinfold™ App and Debit Card will be for use of the cash balance in a user’s account, in the coming quarters of 2021, Koinfold™ looks forward to being able to announce even greater functionality for the debit cards going beyond the use of the account’s cash balance, as well as the ability to offer crypto rewards.
- Finally, KYNC is eagerly looking forward to revealing the other very exciting elements of the Koinfold™ Suite in the coming days and weeks.
Key Quote from
“As we assist with society’s transition toward the normalization of crypto payments, we understand that not all merchants will embrace this movement as quickly as some have. We see the Koinfold™ Debit Card as one more step in this evolution, allowing consumers the ability to use their crypto accounts for payment with merchants that are not yet equipped for touchless crypto payment systems such as Koinfoldpay,” stated Rick Wilson, CEO of KYNC.