RTTNews | Mar 18, 2021 10:17AM EDT

10:16 Thursday, March 18, 2021 (RTTNews.com) - Shares of Sino-Global Shipping America, Ltd. (SINO) are rising more than 13% Thursday morning.

Sino-Global today said it is planning to launch a new NFT exchange in partnership with e-commerce public chain CyberMiles.

The exchange is expected to serve as a highly secure platform for collectors, artists, musicians and investors to create, sell and buy one of a kind, digital content represented as NFTs. The NFT exchange is scheduled to be launched in July this year.

Mr. Lei Cao, Chief Executive Officer of Sino-Global, commented, "NFT is driving the next wave of cryptocurrency adoption, making it a natural extension of Sino-Global's ongoing diversification and recent investments in the rapidly growing cryptocurrency market."

SINO, currently at $9.72 has been trading in the range of $1.37- $12.28 in the last one year.

Read the original article on RTTNews ( https://www.rttnews.com/3178603/sino-global-shipping-jumps-13-to-launch-nft-exchange.aspx)

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