Rakuten launches NFT marketplace to capitalize on growing adoption in Japan

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Cryptocurrency5 hours ago (Feb 26, 2022 09:40AM ET)

Rakuten launches NFT marketplace to capitalize on growing adoption in Japan

Major Japanese e-commerce firm Rakuten has announced the launch of its own nonfungible token (NFT) trading platform dubbed Rakuten NFT.

The firm initially revealed its plans to launch a proprietary NFT marketplace in 2021 amid the growing popularity of nonfungible tokens worldwide. According to Rakuten, the NFT marketplace also hosts a platform that allows intellectual property owners to create their own websites for issuing and selling NFTs.

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