Asian Tech Press (Mar. 21) -- Cheil Worldwide Inc., an advertising agency company owned by Samsung, will launch an NFT marketplace.

According to Korean media outlet Chosunbiz, Cheil Worldwide announced its official entry into the NFT business at a recent shareholder meeting.

The ads unit will issue NFTs and launch an NFT trading marketplace.

Starting from March 14, the company has been hiring staff to develop NFT and blockchain with the target of overseas masters and doctors.