HomeEquities ScoreDolphin Entertainment Inc. (DLPN) stock rises during current market. Let’s find out...

Dolphin Entertainment Inc. (DLPN) stock rises during current market. Let’s find out why?

Dolphin Entertainment Inc. (NASDAQ: DLPN) stock gains by 17.47% to $9.21 today in the current market trading. Dolphin Entertainment is a leading independent entertainment marketing and premium content development company. Through our subsidiaries 42West, The Door, and Shore Fire Media, we provide expert strategic marketing and publicity services to many of the top brands, both individual and corporate, in the film, television, music, gaming, and hospitality industries.

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What’s new in DLPN stock?

Dolphin Entertainment and West Realm Shire Services, the owner and operator of FTX.US, confirmed today that they will collaborate to develop large-scale, consumer-facing NFT markets for major sports and entertainment companies.

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Dolphin will work with FTX to create and execute the creative branding, development, and advertising of these initiatives, with FTX serving as the backbone of the markets with their crypto exchange services and technical development. Dolphin’s award-winning manufacturing and sales teams and FTX’s industry-leading team, behind one of the world’s largest crypto exchanges, will collaborate to create and design global NFT markets aimed at brands in sports, film, and television industries and many others.

Official Statements

Bill O’Dowd, CEO of DLPN stock stated,

They envision NFT trading as much more than simply a collection of digital items; they see the marketplace interactions as the future of passion for globally known sports and entertainment brands and franchises. They looked for the finest technological partner to help them realize this ambition. They are ecstatic to be working with Sam, Brett, Avi, and the rest of the FTX team, who they regard to be the market leader in terms of user experience in the crypto and blockchain sectors.

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Brett Harrison, President of FTX.US said on today’s news that,

They’re impressed with Dolphin’s reach and scope throughout all of pop culture. They’re looking forward to working with Dolphin to create marketplaces, not just because of their capacity to access content and IP, but more because they’re experts in public relations and influencer marketing for every big entertainment sector. With that stated, there are a few things on the horizon that they’re excited to work on together.

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