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NFT platforms in China grow 5X in four months despite government warnings

According to a report published by a local Chinese daily, the sharp rise in the number of NFT platforms comes amid the growing hype and popularity of the digital collectibles in the country. Major tech giants including Tencent and Alibaba (NYSE:BABA) have shown interest in the nascent space and have filed multiple trademark patents.

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Source: Cryptocurrency - investing.com

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