On Wednesday, the leading South Korean entertainment agency Fantagio announced a memorandum of understanding (MOU) with Crypto.com for NFT projects.
As per local media reports, Fantagio said, “We have signed a business agreement with Crypto.com for NFT collaboration. We will step into the NFT market as soon as possible through collaboration with Crypto.com.”
Fantagio is a popular name in the South Korean Entertainment industry and has been managing K-pop idol groups like ASTRO and Weki Meki, as well as actors including Cha Eun-woo and Ong Seong-woo. Several K-pop agencies have been increasingly expanding into Web3 by partnering with digital asset firms.