EMURGO, a Singapore blockchain technology company that provides products and services to drive the adoption of the Cardano blockchain’s Web3 ecosystem, has on Monday announced a strategic investment in NMKR, a Cardano-based non-fungible token (NFT) and tokenization service provider.
The investment will support NMKR in scaling its business including building the new tokenization launchpad finest for businesses to issue compliant security tokens, upgrading its tokenization tools and features, expanding its global team, and other objectives, the duo said in a statement. Officially announced at Cardano Summit 2023, EMURGO and NMKR have forged a strategic partnership to facilitate greater commercial adoption of Cardano by utilizing NMKR’s platform for real-world asset (RWA) tokenization and NFT issuance. To kick off the partnership, EMURGO and NMKR have engaged in a global “proof-of-onboarding” marketing campaign aimed at leveraging NMKR’s platform and the Cardano blockchain to issue exclusive attendance tokenized bundles including fast wallet creation for attendees at blockchain events across the US, Germany, Japan, Singapore, Vietnam, and elsewhere. Source: Technode Global
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