Crypto exchange platform Binance has revealed plans to launch its own NFT marketplace. Binance’s decision came amid the growing expansion of the sector as more crypto and non-crypto entities enter the NFT space. Several athletes and celebrities have also joined the trend.
As a result of the expansion, NFT marketplaces like NBA TopShot, OpenSea, Raible, and Nifty Gateway have been lucrative.
According to the announcement, the Binance marketplace will be live in June. Binance CEO Zhao Changpeng said:
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