New Delhi: OKX, a crypto-trading platform, has announced a partnership with the South China Morning Post (SCMP), owned by Jack Ma, an English daily based in Hong Kong for 118 years, to create NFTs.

OKX, which claims to be the second-largest crypto exchange in the world by spot trading volume, will allow the publication to create NFTs of their historical archive consisting of video clips, stories and coverage of historical events. .

Jay Hao, CEO of OKX, said, “There is significant potential in the crypto and metaverse space and OKX is working to create a more welcoming environment for everyone. Our collaboration with SCMP is just the beginning of this ambitious program.

The first drop is scheduled for the second half of March 2022.

The newspaper is ready to shine a spotlight on contemporary reporting on Hong Kong’s transition from British to Chinese rule, the Asian financial crisis, the deaths of Deng Xiaoping and Princess Diana, the bird flu outbreak and more. again.

“Through our artifacts white paper, we look forward to inspiring other ‘history keepers’ to share our vision of making history more accessible, connected and collectable,” said Gary Liu, CEO of the South China Morning Post.

Content-driven NFTs will create new revenue streams for traditional media organizations and serve as a link between the current generation and the rich historical events that have shaped the modern world.

OKX serves users in more than 100 countries with a daily Bitcoin futures trading volume of $1.5 billion, he said. In addition to futures, OKX provides spot, margin, options and perpetual exchanges, DeFi, lending and mining services.