Red Hare Analytics collaborates with BOAFG for NFT business collaboration

Red Hare Analytics collaborates with BOAFG for NFT business collaboration

Red Hare Analytics has officially partnered with BOA Financial Group (BOAFG) to explore business opportunities in the NFT (nonfungible token) area.

Red Hare Analytics is a leading Web3 NFT big data company and Asia’s first NFT index. Services include products and services, including NFT indexes and index-related services, NFT-related analytics, NFT data APIs, NFT-related technical development, NFT incubation services and others. BOAFG is a Hong Kong-based company offering consulting services to the group company Bank of Asia Limited, a fully licensed bank incorporated in the British Virgin Islands.

In May 2022, Red Hare launched Asia’s first NFT index, including the RHNI index to track the overall performance of general NFT markets and specific NFT indices to track the price movements of individual NFT collections. In June 2022, Red Hare launched the first NFT Fear and Greed Index to provide a multidimensional indicator for measuring NFT market sentiment on a daily basis.

As part of its plan to expand across Asia and the rest of the world, BOAFG and Red Hare will work together to explore further business opportunities in NFT markets, in particular by establishing a joint venture to obtain an NFT derivative license in the British Virgin Islands. set up co-brand NFT Index funds and run the Red Hare NFT Index at several financial institutions, including on the Bank of Asia website and several platforms designated by BOAFG.

BOAFG’s chairman, Ian Wen, said: “We are witnessing a rapid growth of [the] NFT market and [the] metaverse the last two years. In the use of Web3, the future of [the] The World Wide Web is built on blockchain technology and NFTs. We are confident that with this partnership, Red Hare Analytics will be the pioneer in the NFT sector. “

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“We are excited to enter into a partnership with BOAFG, and this partnership is an exciting first step for us to enable the financing of the NFT sector,” said Anson Kwok, founder and CEO of Red Hare. “It is extremely gratifying to see the rapid development of Red Hare since our company started in April 2022.”

Red Hare will share important updates with BOAFG on its social media channels and more.

Red Hare Analytics:

BOA Financial Group

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