SINO - Sino-Global stock higher on launching highly-secure NFT exchange with CyberMiles in July

Sino-Global Shipping America (SINO) +23.9% premarket, will launch a new exchange for NFTs in collaboration with e-commerce public chain CyberMiles, in July 2021NFT exchange will serve as a highly-secure, robust platform for collectors, artists, musicians and investors to create, sell and buy one of a kind, digital content represented as NFTs. Mr. Lei Cao, Chief Executive Officer of Sino-Global, commented, "NFT is driving the next wave of cryptocurrency adoption, making it a natural extension of Sino-Global's ongoing diversification and recent investments in the rapidly growing cryptocurrency market. NFT has become one of the most important basic application technologies in the process of social information digitization by enabling the monetization of digital products. We believe NFT and the blockchain that provides the basic technology for it will have a profound and irreversible impact on the transformation from the form of artwork circulation and the transformation of value concepts to the social identity, collaboration

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Sino-Global stock higher on launching highly-secure NFT exchange with CyberMiles in July