Today news
About the same in other media
26.11 - 12:49
AMC Eyes Own Crypto, Movie-Themed NFTs Amid Memestock Surge
Reading now: 247
cryptonews.comUS cinema chain AMC could further increase its exposure to the crypto world as it mulls launching its own cryptocurrency and partnering with Hollywood studios to release non-fungible tokens (NFTs) related to major movies, according to senior company representatives.
Adam Aron, the chain's chief executive, discussed these plans during a call with investors on the occasion of AMC’s release of its results for the third quarter of 2021.
“This is the 21st century after all,” Aron said, as reported by Bloomberg.
AMC’s sales for the July-September period totaled USD 763.2m, exceeding the USD 708.3m average of analysts’ estimates. Nevertheless, the business posted a loss of USD 0.44 cents per share.
Its venture into crypto is designed to provide the
Read more on cryptonews.comAbout this in other media
Miramax is suing Quentin Tarantino over his planned sale of 'Pulp Fiction' NFTs markets.businessinsider.com /2 years ago
AMC will accept shiba inu for online payments by next quarter, according to the chief executive markets.businessinsider.com /2 years ago
Law Decoded: Crypto cities, investor protection nation, Nov. 8–15 cointelegraph.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
