SCMP's Web 3.0 spinoff Artifact Labs acquires Refinable to build marketplace for historical NFTs

SCMP's Web 3.0 spinoff Artifact Labs acquires Refinable to build marketplace for historical NFTs

Artifact Labs' NFT projects featuring the front pages of South China Morning Post (SCMP) covering historical events such as the 1997 handover of Hong Kong to China, the Asian financial crisis, and Hong Kong's first 25 years under "One Country, Two System." Source: Screenshot of Artifact Labs' website

Artifact Labs, a spinoff from the Alibaba-owned media group South China Morning Post (SCMP), on Thursday, announced the acquisition of Hong Kong-based Refinable Limited to advance its Web 3.0 product roadmap.

The financial terms of the deal remain undisclosed.

Edited by: Padma Priya

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