To expand into the NFT space, STPT acquired part of top Korean digital platform

[crypto1010]

Standard Tokenization Protocol has acquired part of top Korean digital content platform Piction Network to expand into the NFT (Non-Fungible Token) sector. Piction Network is a peer to peer digital content platform that facilitates the issuance and trading of digital cartoons, dramas, movie, games and music.

STP will help with NFT integration into the Piction Network platform that will bring on a whole new segment for its users and community. Piction has already established partnerships with Axie Infinity, Cross, PICA and acquired Gallery Finance to build a decentralized NFT marketplace.

NFT’s sales have totaled hundreds of millions of dollars this past year which highlights the massive opportunity for Piction in the Asia market. Additionally, STP will help expand the Piction Network platform, community and brand globally across China, Southeast Asia and US/Europe greatly enhancing its exposure and visibility around the world.


NFTs are largely being considered by companies now, and are now starting to integrate it into their existing systems.

Will we see more acquisitions soon?

[cryptomaniac_xxx]

Yes, perhaps since the hype of NFT is currently on a massive scale, I wouldn't be surprised to see companies acquiring any top or second tier digital platform to take advantage of the NFT's in crypto space. Everyone is joining and as long as you have some kind of art then you can be part of the whole hype. Even Time magazine, https://bitcointalk.org/index.php?topic=5326059.0

[HodlerKing101]

I feel like companies are now starting to realize that NFTs are where the money is, and majority of the revenue from Ethereum are coming from NFTs