Dolphin Entertainment Shares Surge After Company Announces NFT Division

dolphin in body of water

Source: Unsplash 

Dolphin Entertainment announced earlier that it has formed a new division which will be dedicated to designing, producing, releasing, and promoting NFTs, or non-fungible tokens, for itself and its clients within the film, television, music, gaming, epicurean, and technology industries.

"NFTs, whether as digital art in their own right, or as collectibles, or simply as promotional items, have entered the realm of pop culture and entertainment, which is where Dolphin lives. We believe Dolphin's best-in-class entertainment marketing companies are uniquely positioned to capitalize on the expanded promotional capabilities that NFTs represent, as well as to maximize their potential revenue streams. We expect several upcoming projects and partnerships that will combine our creative and marketing expertise to bring exciting offerings to the NFT marketplace," said Bill O'Dowd, CEO of Dolphin Entertainment.

In early trading, Dolphin shares have jumped $6.48, or 119%, to $11.93.

Disclaimer: TheFly's news is intended for informational purposes only and does not claim to be actionable for investment decisions. Read more at  more

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