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EXCLUSIVE: Troika Media Group's Subsidiary Troika IO Launches Bitcoin Non-Fungible Tokens Backed Luxury Brands Using The Stacks Blockchain

Benzinga Real-time News ·  Feb 18, 2022 08:00

LOS ANGELES, February 18, 2022 - Troika Media Group (NASDAQ:TRKA),

through its subsidiary, Troika IO, has become the first publicly-traded company to

use the Bitcoin ledger to secure its non-fungible tokens (NFTs) backed by luxury

brands. With more fashion and luxury brands looking to capitalize on NFTs and

crypto offerings, Troika IO will provide a new way for brands to list luxury assets tied

to NFTs using a familiar asset such as Bitcoin.



Troika's NFT marketplace, Redeeem NFT, serves as a marketplace for luxury asset-

backed NFTs and lists a number of rare luxury goods including handbags and

wallets...

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