KYN Capital Group and Asia Broadband, Inc. Nearing Completion of Joint Venture Agreement for Next-Generation Digital Wallet

May 08, 2024 at 08:30 AM EDT

RANCHO CORDOVA, CA - (NewMediaWire) - May 08, 2024 - In an exciting development in the fintech and digital assets arena, KYN Capital Group (KYNC) is pleased to announce that it is nearing completion of a joint venture agreement with Asia Broadband Inc. (AABB). This strategic partnership aims to develop a cutting-edge digital wallet designed for cryptocurrencies and bullion, set to redefine industry standards. The companies have informally been collaborating on this project for several years and have now established the expertise and alliances to access mass markets with the Koinfold 2.0 App and the next generation AABB Wallet App. The Joint Venture agreement is expected to be completed in the coming weeks.

The collaboration between KYNC and AABB leverages the strengths of both companies to deliver a comprehensive solution encompassing not only the development but also ongoing maintenance, customer support, and robust integrated marketing efforts. The new digital wallet will feature availability on major platforms, including the Google Play Store and iOS, ensuring wide accessibility and ease of use.

As part of their combined efforts, KYNC will utilize its significant platform alliances, bringing enhanced functionality and reach to the project. Simultaneously, KYNC and AABB will both spearhead a broad marketing campaign, focusing on expanding brand awareness across social media platforms, Discord rooms, and various cryptocurrency media outlets.

“Our long-term collaboration with KYNC combined with their blue-chip relationships and tech team is the future for our AABB Wallet and AABBG gold-backed token. We can now take our digital assets business segment to the next level of expansion with the synergy of our experience and the expertise and alliances of KYNC,” expressed Chris Torres, AABB President and CEO.

"We are thrilled about the synergies between KYNC and AABB as we approach the final stages of formalizing our joint venture. This partnership will allow us to launch a versatile and secure digital wallet that meets the evolving needs of modern consumers in the crypto and bullion markets," stated Rick Wilson, CEO of KYNC. "Our goal is to create a product that not only enhances user experience but also integrates seamlessly with existing digital ecosystems, setting new benchmarks in the industry."

The joint venture is committed to innovation and customer satisfaction, ensuring that the forthcoming digital wallet will be equipped with the latest technologies and security features. This initiative is expected to significantly impact the market, providing users with a reliable, efficient, and scalable financial tool.

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About Asia Broadband

Asia Broadband Inc. (OTC: AABB) is a resource company focused on the production of precious metals and the accumulation of physical gold holdings. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate the expansion of precious metals property holdings and production in Mexico. The Company's industry and business integration in Mexico and its asset diversification are unique strengths of AABB that differentiate it from other companies and creates distinctive value for shareholders. Additionally, the Company has a digital assets business segment with its AABBG mine-to-token gold-backed cryptocurrency within its own proprietary AABB Wallet and the unique Golden Baboons Mining Club and Shorts Rascal Club Non-Fungible Token (NFT) collections. AABB expects its token to become a worldwide standard of exchange that is stable, secured and trusted with gold backing, while having the added benefit of demand based price appreciation. These are unique and outstanding qualities relative to other cryptocurrencies and digital asset developers.

About KYN Capital Group, Inc. (KYNC)

KYN Capital Group, Inc. (KYNC), a Nevada Corporation, is a leading holding company dedicated to being at the vanguard of its industry working on acquisitions in the entertainment, blockchain, cryptocurrency and touchless payment verticals. KYNC leverages the expertise of its highly skilled team & developers to create a cohesive force in formulating market and business strategies, ensuring that they remain ahead of the curve to carry the company forward in the marketplace.

Safe Harbor Statement:

Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.

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KYN Capital Group, Inc. (KYNC)
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KYN Capital Group and Asia Broadband, Inc. Nearing Completion of Joint Venture Agreement for Next-Generation Digital Wallet

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