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Benzinga
Benzinga
Business
Yahya Maghrab

Universal Music Group Buys Bored Ape For $360K To Lead Their NFT Band "KINGSHIP"

Universal Music Group (UMG) (OTCEM: UMGNF) has acquired a Bored Ape Yacht Club (CRYPTO: APE), to lead their NFT virtual musical band "KINGSHIP", UMG's latest in their efforts to expand into the emerging field of Non-Fungible-Tokens (NFTs).

What happened?

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