- ZK International has been ramping up its subsidiary, xSigma, which is a Blockchain research and development lab.
- xSigma is doing big things like starting a new DeFi platform, a cryptocurrency ETF, and soon launching its own crypto coin.
- xSigma’s upcoming stable coin, SIG, is already in high demand on social media before its release.
- ZKIN’s legacy steel pipe business is consistently profitable, and alone is worth about $2.50 per share.
- We have a $10 price target on ZKIN, but if DEX becomes a top DeFi platform with a popular crypto coin, it could reach $20-$30.
Read full report on Seeking Alpha here.