AB International Group Corp (OTCMKTS:ABQQ) Stock Soars 28% in a Week: Here is Why

In the past week, the intellectual property, film licensing and investment company AB International Group Corp (OTCMKTS:ABQQ) has been in considerable focus among investors.

That is evident from the fact that the AB International Group stock has managed to record gains of as much as 28% during the period. In light of such considerable gains made by the stock, it might be a good idea for investors to take a look at the announcement made by the company yesterday. The company announced yesterday that it picked up a 100% interest in STAREASTnet NFT Movies and Music Marketplace.

Considering the fact that the NFT space has grown at a remarkable pace over the course of the past months, the move from AB International Group could come as a significant boost for investors.

The marketplace acquired by the company has been completed and the BETA version of the same is going to be launched at some point in the middle of October this year. The company is going to operate it as a decentralised marketplace by way of which people can make digital downloads and make NFTs far more popular among music and film fans.