NFT Mania Lifts Stocks - TKAT, WKEY, JFIN, OCG, HOFV, ABXXF

Non-Fungible Tokens mania is lifting stocks. The leader to this movement is TKAT, an online platform for art dealers in China. In response, other Chinese-listed companies have increased on rumors of also participating in the NFT trend. OCG, another arts and collectibles platform and JFIN, a financial marketplace. KBSF is one to look closely at as well, as it has recently combined with a company that owns Luxventure, a social media platform offering cross border merchandise through online and off-line channels and luxury tourism experiences to its members.

WKEY is our top NFT pick. It's trading at about one-third of TKAT's market cap at less than $200 million, but has substantially better NFT developments. It announced NFT for Digital Identity Verification of Valuable Objects and Proof of Ownership of Digital and Tangible Assets a few days ago and also signed a deal for remote document signing last night. It's based out of Switzerland, a much more trusted jurisdiction of operation than China. 

HOFV is up on hopes it can do something with the pro football Hall of Fame, similar to what the NBA has done with NFTs. 

ABXXF, Abaxx Technologies, is a blockchain technology platform in Canada setting up a commodities exchange powered by Ethereum that could be an NFT play. Like WKEY, it's also developing remote document signing services. 

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