ZK International (ZKIN) via its research labs-based subsidiary, xSigma Corporation, has announced its plan to launch its own crypto banking wallet soon.
Named after ZK International’s subsidiary, xSigma Wallet, will allow its users to purchase memecoins and cryptocurrencies directly by Google Pay, Apple Pay, PayPal and Visa/MasterCard Credit Cards.
The announcement comes in line with the growing trends in the Memecoins market – which has recently been witnessing a surge in both issuance of new coins and their respective buyers at an unprecedented rate.
As a research and development lab launched in 2018 by ZKIN to explore blockchain-based solutions, xSigma Corporation’ s wallet will operate in over 170 countries. The wallet launch will help it in establishing it as a relevant player in the Blockchain industry and in the development of digital infrastructure.
Disclosed Features of the Wallet
With its regulators to be based in the US, xSigma Wallet will also provide users with a xSigma credit card in partnership with Visa. The credit card offered by the xSigma Wallet will allow users to top up their available crypto balance for their everyday expenses. It aims to offer a secure, non-custodial storage space for users’ memecoins and major cryptocurrencies in the times when wallet security has evolved as a matter of concern for the crypto investors.
Moreover, users will be able to buy memecoins and other cryptos with minimal efforts as xSigma Wallet will provide simple fiat-to-crypto on ramp services. This will make it easy for users to buy any memecoin with their available balance in fiat.
xSigma aims to set standard in the digital asset space
Chairman of ZK International, Mr. Huang Jiancong said on the launch,“At xSigma, we are committed to driving innovation in the digital asset space.” He further said that “as the memecoin market evolves, we aim to set the standard for compliant and seamless on-ramp solutions.”
The China-based parent company of xSigma Corporation, ZK International Group, has been showing significant improvements in its financial performance – showcasing its continued strides by new products and innovations. ZK International’s business interests include manufacturing and engineering high-performance stainless steel and carbon steel pipe products. Meanwhile, as the R&D arm of the company, xSigma is involved in decentralized finance, supply chain management, IoT, and infrastructure.
With the more details and features set to be announced soon, the launch of xSigma Wallet can pave its way for dominance in the Crypto Wallet Industry.
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