The “China Digital Asset Trading Platform,” a non-fungible token (NFT) marketplace developed by state-owned entities and a private sector firm, is set to launch on January 1, 2023, according to state media outlet China Daily. Huaban Digital Copyright Service Center, a Beijing-based private firm, and two state-backed entities, China Technology Exchange and Art Exhibition China, founded the platform. Yin Tao, the chief executive officer of Huaban Digital Copyright Service Center, told another state-owned media outlet in a report published Thursday that the new marketplace has obtained a compliance licence through China Technology Exchange to offer NFT and digital copyrights trading services.
