Benzinga | May 10, 2021 09:02AM EDT

ZK International's Subsidiary xSigma Announces Its NFT Marketplace Launch Date Of Jun. 25; xSigma NFT Marketplace To be Supporter By Binance Smart Chain And Ethereum Network

ZK International Group Co., Ltd. (NASDAQ:ZKIN) ("ZKIN", "ZK International" or the "Company"), is pleased to announce that xSigma Corporation, a subsidiary of the Company and a blockchain R&D lab, announces that the xSigma NFT Marketplace will go live on the 25th of June. Visit our website, sign up, and see what is to come for our NFT Marketplace at: https://xsigma-nft.com

In addition, xSigma is pleased to reveal that the xSigma NFT Marketplace will be supported by both the Binance Smart Chain ("BSC") and the Ethereum network upon its launch. The Company has chosen to use the BSC as it has gained impressive traction so far by the blockchain community, where they are transacting over 7 million transactions a day, it has more active wallets than Ethereum, and the Total Value Locked in DeFi projects on the BSC has reached $36 billion.

The NFT industry keeps growing and attracting more creators and customers. Since the Company's last announcement about the xSigma NFT Marketplace, the NFT industry's cumulative sales volume has surpassed $1.6 billion, according to DappRadar.com.

To date, the xSigma NFT Marketplace has collected thousands of subscriptions to its waitlist. xSigma is currently working on getting celebrities, athletes and brands onboard to its NFT culture marketplace and more exciting news about the xSigma NFT Marketplace will be revealed in the coming weeks.

Mr. Huang, Chairman of xSigma, stated, "we are pleased to announce that we are moving quickly into the next boom of the monetizing of digital assets of the innovative industry known as Non-Fungible Tokens. We have invested into xSigma to create value and we are excited of having the xSigma NFT Marketplace going live at the end of June."