[Featured Stock] Galaxia Moneytree Hits Upper Limit on Subsidiary's NFT Platform Expectations
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[Asia Economy Reporter Park Jihwan] The stock price of Galaxia Moneytree is soaring on expectations of the opening of its subsidiary Galaxia Metaverse's NFT (Non-Fungible Token) platform.
As of 9:27 a.m. on the 1st, Galaxia Moneytree is trading at 10,600 KRW, up 29.43% (2,410 KRW) compared to the previous trading day. This surge is attributed to the news that Galaxia Metaverse will officially open the curation NFT platform 'MetaGalaxia' on the same day.
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Over the past month, the company has showcased NFTs including those of marathon legend Lee Bong-ju and digital art NFTs through a teaser site. NFTs are digital assets with uniqueness and scarcity. By digitizing real-world items into unique assets, they are gaining attention from the digital generation. Among creators, interest is growing because NFTs technically recognize the value of creativity and enable trading.
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