NFT Agreement Sends Stock Soaring

A small holding company just announced that NFT Procurement Ltd has signed a partnership agreement with Origin Protocol where both will collaborate to mint NFT’s on Origin’s platform before offering them for sale to third party purchasers. Shares of HPIL Holding (OTCPK:HPIL), which owns 51% of NFT were trading much higher on the news.

HPIL is a global holding company. It is engaged in the business of investing in private and public companies in differing business sectors. The company acquires various types of businesses irrespective of specific business, industry or geographical location. It also evaluates intellectual properties and technologies for potential acquisition.

Traders were bullish on the news as shares hit a session high of $0.0029/share (+31.82%) following the announcement as popularity in NFTs has been growing rapidly. This move is a strong continuation of the success this stock has had over the last few months.