Xalles Expands into NFT and Crypto Marketplaces
NFT and crypto trading analysis and asset acquisitions expected to lead to new revenue and profits.
WASHINGTON, DC, Feb. 09, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Xalles Holdings Inc. (OTC: XALL), a fintech holding company providing innovative technology and financial services solutions, through its Xalles Capital group of subsidiaries, plans to expand our reach into the market of NFTs (non-fungible tokens) and cryptocurrency trading solutions.
Vigor Crypto Holdings, a wholly owned subsidiary of Xalles Capital, will analyze and test a variety of bots that are NFTs which trade on broader exchanges and futures markets like the Nasdaq, S&P 500, NYSE/Dow Jones. The goal is to evaluate, purchase and enhance our automated trading and bot portfolio, realizing that the key to success is finding the good system tool to support a good trading strategy.
Xalles Capital is also evaluating holding NFTs for long term investments which can be later sold on the secondary markets for profit. The strategy is that specific NFTs which contain trading bots and other assets and are sold in limited quantities would have a good opportunity to increase in value if the asset contained within the NFT is producing revenue or profits for its owner.
These strategies will complement what the company previously described with its joint venture company GioBot to create new trading bots to support Vigor Crypto and external clients. “NFTs and cryptocurrency trading bots and systems are an exciting part of the fintech ecosystem that Xalles is trying to optimize to drive innovation and profits,” stated Thomas Nash, Chairman and CEO of Xalles Holdings Inc.
About Xalles Holdings Inc.
Xalles Holdings Inc. is a holding company that focuses on the acquisition, alignment, and growth of disruptive fintech companies. The company actively seeks targets in which it can acquire and accelerate market expansion, targeting companies with solid management teams and business models, large total attainable markets (TAM), and lucrative exit opportunities. The company places emphasis on leveraging blockchain technologies to provide industry-leading financial solutions, which, over time, will allow for the capture of recurring revenue streams.
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