Future Fintech Group Extends Rally on Crypto Buzz

The rally in the cryptocurrency space in recent weeks has brought many blockchain companies into focus among investors and one of those is Future Fintech Group (FTFT).

Future Fintech Group Extends Rally on Crypto Buzz

Yesterday, Future FinTech, was one of the biggest gainers and rallied by as much as 242% after the company made a major announcement. This morning, the stock is flying again in premarket trade and has rallied by as much as 64%.

In such a situation, it could be a good idea for investors to keep an eye on the Future FinTech stock today. The rally came about after Future FinTech announced yesterday that as many as 10 of its blockchain technology applications have been accepted by the China Copyright Protection Center.

The applications had been submitted for review back in June last year and the acceptance marks a significant milestone for the company. At this point, Future FinTech is primarily known as a blockchain-based e-commerce firm and also provides FinTech services to its clients.

 

Richard McEntire

Finance and Entertainment ReporterRichard is a bottle of wine - the older the sweeter. He has already found the sweetest hobby in writing entertainment and finance news for Own Snap. Readers get the updated posts regularly from him searching for real-time news.