Binance

Crypto Exchange Binance Partners with YG Entertainment

Crypto Exchange Binance Partners with YG Entertainment

One of the world’s largest crypto infrastructure providers, Binance today announced a strategic collaboration with Korea’s YG Entertainment. As part of the recent partnership, the two companies will collaborate on a wide range of blockchain projects.

The partnership will focus on NFTs, the Metaverse, and gaming opportunities. Additionally, Binance highlighted the importance of an eco-friendly ecosystem for NFTs and mentioned that it will explore other partnership options. with YG Entertainment.

YG Entertainment is one of the largest multinational entertainment companies in the world. Through the collaboration with Binance, the company aims to provide unique experiences and services to fans. YG Entertainment will provide NFT content and gaming assets while the crypto exchange will provide its technology infrastructure and NFT platform.

Helen Hai, Global Head of Binance NFT, said, “YG is one of the best-known global entertainment companies in the world. Both Binance and YG will strive to build leadership in their respective fields. Now that both companies have joined forces, we can expect to see a strong cooperative relationship forged. We hope this will support the development of the global blockchain ecosystem and drive the widespread adoption of new assets, such as NFTs, for a new user base.

To increase its presence in the NFT and Gaming ecosystem, Binance has announced several investments in some of the fastest growing startups working in the mentioned sectors. Earlier this year, Nine Chronicles received an investment from Binance Labs. Additionally, the venture capital arm of the crypto exchange invested in Heroes of Mavia in late January.

NFT

The companies plan to meet the growing demand for a wide range of options in the global NFT ecosystem.

“As a leader in Kpop, we plan to gradually build an innovative and eco-friendly NFT ecosystem. The collaboration with Binance has allowed YG to gain royalties and business opportunities for rare and valuable content,” said Bo Kyung Hwang, CEO. at YG, commented.

One of the world’s largest crypto infrastructure providers, Binance today announced a strategic collaboration with Korea’s YG Entertainment. As part of the recent partnership, the two companies will collaborate on a wide range of blockchain projects.

The partnership will focus on NFTs, the Metaverse, and gaming opportunities. Additionally, Binance highlighted the importance of an eco-friendly ecosystem for NFTs and mentioned that it will explore other partnership options. with YG Entertainment.

YG Entertainment is one of the largest multinational entertainment companies in the world. Through the collaboration with Binance, the company aims to provide unique experiences and services to fans. YG Entertainment will provide NFT content and gaming assets while the crypto exchange will provide its technology infrastructure and NFT platform.

Helen Hai, Global Head of Binance NFT, said, “YG is one of the best-known global entertainment companies in the world. Both Binance and YG will strive to build leadership in their respective fields. Now that both companies have joined forces, we can expect to see a strong cooperative relationship forged. We hope this will support the development of the global blockchain ecosystem and drive the widespread adoption of new assets, such as NFTs, for a new user base.

To increase its presence in the NFT and Gaming ecosystem, Binance has announced several investments in some of the fastest growing startups working in the mentioned sectors. Earlier this year, Nine Chronicles received an investment from Binance Labs. Additionally, the venture capital arm of the crypto exchange invested in Heroes of Mavia in late January.

NFT

The companies plan to meet the growing demand for a wide range of options in the global NFT ecosystem.

“As a leader in Kpop, we plan to gradually build an innovative and eco-friendly NFT ecosystem. The collaboration with Binance has allowed YG to gain royalties and business opportunities for rare and valuable content,” said Bo Kyung Hwang, CEO. at YG, commented.