Publicly traded German fintech NAGA, which offers concern successful stocks and crypto via its mobile app, is to commencement a societal trading level successful 2022 called NAGAX, NAGA announced Thursday.
The platform, acceptable to motorboat successful Q1 this year, volition dwell of a crypto wallet, an NFT platform, a staking platform, a spot speech with astir 700 tradable assets and a futures and derivatives exchange.
NAGAX volition purpose to connection a "unique Web3 societal trading experience," whereby user-generated contented connected the level is converted into non-fungible tokens (NFTs) that tin beryllium monetized.
"Any idiosyncratic who has entree to an Ethereum-based wallet tin unlock the contented immediately. Each contented is frankincense tokenized and tin adjacent beryllium traded arsenic an NFT itself," said Benjamin Bilski, NAGA CEO, successful a statement.
Bilksi believes that the level volition spot large request by offering traders contented that incorporates a assortment of contented from aggregate channels portion besides featuring a monetization watercourse for crypto influencers.
NAGA trades connected the Frankfurt Stock Exchange with a marketplace capitalization of astir €270 cardinal ($310 million).
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