On What Basis Did Nukkleus (NUKK) Stock Rise 27% On Tuesday?

Nukkleus Inc [OTCPink: NUKK] stock was down -2.53% to $1.93 at the last check today. Despite last session’s spike of 26.92% to $1.98, NUKK stock seemed not to be continuing the rise. NUKK stock experienced a trading volume of 380.45K last session, compared to the 30-day Average Volume of 443.80K. NUKK stock value ranged from $0.0400 to $2.2900 during the last 52 weeks. Announcing a Blockchain community grant has led to an increase in NUKK stock.

Who is NUKK offering the grant to?

NUKK offers full-service offerings necessary for successful multi-asset trading through its partnerships with Nukkleus, a crypto payments specialist, and institutional digital asset and exchange execution solutions. NUKK Provides institutional counterparts access to global liquidity and a comprehensive range of products and services through its suite of financial platforms. Using NUKK’s technology, institutions can access traditional and digital asset markets globally, as well as provide client funds to a UK-registered EMD agent for converting crypto assets into fiat.

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Nukkleus will deliver a Blockchain community grant to Bollant Industries in Hyderabad, India as part of a collaborative effort with Polygon Group and Grassroots Economics. In order to improve the waste management supply chain, the grant will support the creation of a blockchain solution.

Through NUKK, thought leaders in the crypto landscape can join forces to sponsor blockchain projects that help empower communities and reduce the digital divide through fully democratized payment systems. One of the many projects to minimize environmental impact around the world is the Bollant Industries initiative. An additional benefit of this program is that it helps impoverished communities become financially independent.

Bollant Industries will receive a grant from Polygon which exemplifies the philosophy of financial inclusion as supported by the blockchain. The goal at NUKK is to build a global network of democratized payment solutions that will offer a platform that can be utilized by communities who are ready to adopt crypto. NUKK expects many more industrial leaders to follow in their footsteps.

Polygon, whose market cap reached $14B, is committed to building communities free from national boundaries and restrictions so they can thrive. By making crypto payments accessible and affordable, Polygon has made crypto payments more affordable for people worldwide. Due to its high speed and low cost (minimal gas fees) transaction capabilities, Polygon is able to successfully fund ESG projects powered by blockchain technology with surprising success.

Many successful entrepreneurs are now realizing the true value of blockchain technology. At the recent DeFi Summit virtual conference, billionaire entrepreneur and investor Mark Cuban praised Polygon’s technology: “Now, because of what’s going on with Polygon, where they’re gaining so much momentum, it’s going to be hard to catch up”.

How NUKK is making a difference?

Nikkleus (NUKK) focuses on delivering ESG initiatives while delivering ongoing profitability. We have a multi-asset portfolio and digital asset technology. NUKK is bringing together thought leaders from the crypto landscape to support blockchain projects that will empower communities and reduce the digital divide by democratizing payments.


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