KYN Capital Group Inc. (OTCMKTS:KYNC) stock is up 30%in a week. The company and National Homeowners Association, dba BW property Management Group, have entered a partnership to deliver crypto payments to over 2,500 homeowners. As per the terms of the partnership, National Homeowners Association shall provide discounts nationwide on homer services exceeding 50% for maid service, handyman service, lawn care, and other services tohomeowners making payments throughKoinfold Mobile app. The company plans to make the available offer beginning with Orlando, Florida, before expanding to the other parts of the country.
Also, KYN Capital Group has announced that National Homeowners Association is planning to issue a KoinFold Debit Card to subcontractors and employees for direct deposits and payroll management. The move results from the ongoing collaboration between KYC Capital and BW Property Management group and will be effective in the coming months.
National Homeowners Association’s goal is to integrate the KoinFoid tools suite to add value to its business. So, in the coming weeks, KYNC is a stock to watch.
Market Reaction:
On Thursday, KYNC stock fell 14.50% to $0.0071 with more than 91.19 million shares, compared to its average volume of 148.83 million shares. The stock has moved within a range of $0.0066 – 0.0090 after opening the trade at $0.0088. Over the past 52-week, the stock has been trading within a range of $0.0001 – 0.0210.
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