NFT Market Update - 20th May, 2022

Universal Music Group, the major music label behind Taylor Swift, U2, and Kendrick Lamar, will let artists drop NFTs on the new Web3 version of LimeWire.

Gem.xyz released a new feature allowing users to batch send multiple nfts to another wallet, saving users time and gas.

Swiss asset manager Julius Baer plans to offer cryptocurrencies and decentralised finance to high-net-worth clients.

Milady NFT collection faced intense scrutiny after the collection was linked to far-right ideology.