A Los-Angeles based financial company just announced that it is launching its first auction of exclusive NFTs in partnership with Barrett-Jackson, the leader in collector car auctions and automotive lifestyle events. Shares of CurrentcyWorks Inc. (OTCQB:CWRK) popped on the news as they will be providing and operating the curated platform for the minting, selling and trading of NFTs for this venture.
CurrencyWorks is positioned for the long term as an enterprise platform for building blockchain economies for established brands. It provides a platform for the design and creation of crypto economies that solve real-world problems with established organizations.
The company provides operational insights intended to benefit and grow its customer's businesses through the use of blockchain technology and cryptocurrencies. Its platform is compliance-driven and combines rigorous strategic planning, capital structuring, technical integration and token economics model development, designed to allow its clients to create sustainable economies.
Traders were excited on the news as shares got up to a session high of $1.12/share (+5.66%) following the announcement. This move could be an indication of things to come as the stock tried to break out of the pullback it has been in since February.
