KYN CAPITAL GROUP INC - KYNC STOCK NEWS

KYN Capital Group Inc. (OTC:KYNC) has advanced to phase 2 of its security audit, with phase 3 expected to complete soon, allowing for the launch of Koinfold 2.0 by September 1, 2022. The company is to secure a crypto on/off ramp payment processor this week. Koinfold 2.0 will feature enhanced wallet capabilities, biometric authentication, and NFT functionalities. CEO Rick Wilson acknowledged delays but emphasized the audit's importance for user benefits. KYN Capital focuses on acquisitions in entertainment, blockchain, and payment sectors.

KYN Capital Group (OTC:KYNC) announced the delivery of Koinfold Pay 2.0 to a 3rd party testing group, ensuring security and quality control. The app's release is postponed as it undergoes a code review by a hired security team. This decision aims to enhance security measures, particularly against potential attacks on blockchain bridges, a concern in the cryptocurrency sector. CEO Rick Wilson expressed enthusiasm for the nearing launch, emphasizing the company's commitment to a high-quality, secure product for clients.

KYN Capital Group (OTC: KYNC) announced significant advancements with Koinfold™ 2.0, completing its final beta phase and receiving corporate approval. The launch is expected on June 30, 2022. Future developments include third-party transaction integration and a variety of new application functionalities such as payment processing and security features. CEO Rick Wilson emphasized the focus on consumer security and identifying new revenue streams to benefit shareholders.

KYN Capital Group (OTC:KYNC) announced the upcoming launch of Koinfold™ 2.0, set for late June 2022 for Android, followed by an iOS version in Q3. This upgrade combines multiple financial app features into a user-friendly interface, targeting a market position as a leading all-in-one financial trading app. Key functionalities include multi-API integration for managing fiat and cryptocurrency accounts, secure storage for NFTs, and a transaction history log. Koinfold™ 2.0 emphasizes decentralized application security on the blockchain.

KYN Capital Group (OTC: KYNC) announced the upcoming release of enhanced functionality in its Koinfold™ Digital App, including a crypto-to-fiat exchange aimed at improving user access to funds globally. This suite will facilitate transactions in regions that restrict crypto payments. Additionally, a new revenue stream from integrated event ticket sales in the Pay.How app is expected by the end of Q2. The company also launched a merchandise site to support its brand.

KYN Capital Group (OTC: KYNC) has announced the acquisition of BW Property Management Group, developer of Pay.How, effective immediately. This acquisition positions Pay.How as a wholly owned subsidiary, contributing positively to KYN's revenue stream. In Q1 2022, Pay.How generated impressive metrics, including over $2.5M in home sales and $166,701 in revenue from home services. Projections indicate a possible revenue increase of 300% by the end of 2022. KYN aims to leverage its technology to attract up to 10M users in the next 18-24 months.

KYN Capital Group (OTC: KYNC) announced the upcoming launch of its Koinfold™ Debit Card, with sign-ups expected to begin next month. The company will also release its first quarter 2022 revenues in April, highlighting growth from its Pay.How super app. The final artwork for the debit card is completed, with production anticipated in April. KYN Capital Group's CEO, Rick Wilson, expressed confidence in their growth strategy and technology ecosystem, emphasizing a strong market position.

KYN Capital Group (OTC: KYNC) has updated its digital product portfolio, which now includes Pay.How, Asia Broadband’s wallet integration, and KoinfoldPay™. The beta versions of the new GUI and AABB Wallet in Pay.How have been completed, enhancing usability for fiat and cryptocurrency transactions, positioning the app as an international super-app. The company is also focusing on integrating NFT payment solutions. The launch of their suite of tools is projected for Q2 2022, with significant demand anticipated based on pre-sales data.

KYN Capital Group, Inc. (OTC: KYNC) has successfully closed a significant partnership with Asia Broadband Inc. (OTC: AABB) to integrate the AABB Wallet into its Pay.How super app. This collaboration aims to enhance the app's capabilities and boost revenue while marking one of KYN's largest deals yet in the cryptocurrency sector. CEO Rick Wilson highlighted that this partnership will enable the launch of Pay.How 2.0, focusing on gold-backed services. As part of the agreement, KYN will continue supporting its Koinfold platform and plans to update the Pay.How app to adopt the AABB Wallet.