ZK International Group Co., Ltd. (Nasdaq: ZKIN) and its subsidiary, xSigma Corp., are set to launch xSigma Wallet, a next-generation crypto banking wallet that enables users to buy memecoins and major cryptocurrencies using Visa, Mastercard, Apple Pay, PayPal, and Google Pay.
xSigma Wallet will introduce its own xSigma Visa credit card, allowing users to load crypto and make purchases seamlessly. Designed for security and convenience, the platform will be regulated in the U.S. and serve users in over 170 countries while ensuring compliance with financial regulations.
Key features include an easy fiat-to-crypto on-ramp, non-custodial storage, and strategic partnerships with memecoin projects to provide a streamlined user experience. The wallet, developed by xSigma, will use a white-label provider for its financial services.
With increasing demand for memecoin trading, xSigma Wallet aims to offer a frictionless, secure, and regulated solution. Recent market trends, including Trump’s memecoin and Moonshot’s $400 million trading volume on launch day, highlight the need for seamless crypto on-ramp services.
"We are committed to driving blockchain innovation and making crypto transactions more accessible," said Huang Jiancong, Chairman of ZK International. "The xSigma Wallet launch will set a new standard for compliance and ease of use in the digital asset space."
xSigma Wallet is poised to become a major player in the crypto payment industry, providing users with a user-friendly and compliant way to buy, store, and spend digital assets. More details, including launch dates, will be announced soon.
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