Huobi Group, a company operating one of the world’s largest cryptocurrency exchanges, is launching its own nonfungible token (NFT) marketplace, following in the steps of other major crypto exchanges.
Huobi has rolled out a trial for Huobi NFT, an NFT marketplace allowing users to buy and trade NFT artwork and collectibles in numerous sectors like games, art, animation and music, Huobi Group announced on Monday.
According to the announcement, the launch marks a milestone in the extension of Huobi’s metaverse strategy, a concept combining multiple technologies like virtual reality to bring a 3D virtual environment featuring activities like online gaming and others.
As part of the strategy, Huobi in September launched a $10-million fund to invest
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