The E-commerce platform, AliExpress, is launching 5,555 non-fungible tokens (NFTs) sales in collaboration with The Moment3 on June 25. The company announced the partnership via its official Twitter handle on Thursday, June 8.

Although AliExpress deleted the post shortly after posting it, Twitter users can still see it on The Moment3’s account. The partnership project marks another step in AliExpress’ effort to expand into the Web3 space.

AliExpress Accelerates Web3 and Crypto Plans

AliExpress is a giant in the global e-commerce industry and a subsidiary of China’s largest e-commerce company, Alibaba Group, which has been keen on launching its business into the crypto space. In June 2022, Alibaba Cloud launched a service that helps build NFT marketplaces. At the time, the firm said the solution addresses compliance issues, enabling a fast and reliable option for building NFT marketplaces.

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The NFT solution included web hosting, instant messaging, and global Content Delivery Network (CDN) service. The CDN service allows data distribution throughout Alibaba Cloud’s service nodes worldwide. And its recent partner, Moment3, is an NFT project that connects real-world businesses with Web3.

The Moment3 offers NFT owners benefits beyond mere collectibles. Through the latest partnership, users can now shop Moment themes on AliExpress. It is not AliExpress’ first attempt into the crypto space this year. On May 4, the e-commerce platform announced a partnership w

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Author: Kent Glory

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