diff --git a/migrations/20230830024631_cw721_activity_add_current_owner.ts b/migrations/20230830024631_cw721_activity_add_current_owner.ts
new file mode 100644
index 000000000..3303354c6
--- /dev/null
+++ b/migrations/20230830024631_cw721_activity_add_current_owner.ts
@@ -0,0 +1,13 @@
+import { Knex } from 'knex';
+
+export async function up(knex: Knex): Promise<void> {
+  await knex.schema.alterTable('cw721_activity', (table) => {
+    table.string('owner');
+  });
+}
+
+export async function down(knex: Knex): Promise<void> {
+  await knex.schema.alterTable('cw721_activity', (table) => {
+    table.dropColumn('owner');
+  });
+}
diff --git a/src/common/constant.ts b/src/common/constant.ts
index 465d9b5ad..35840e5ee 100644
--- a/src/common/constant.ts
+++ b/src/common/constant.ts
@@ -75,6 +75,8 @@ export const BULL_JOB_NAME = {
   CRAWL_GENESIS_IBC_TAO: 'crawl:genesis-ibc-tao',
   REINDEX_CW20_CONTRACT: 'reindex:cw20-contract',
   REINDEX_CW20_HISTORY: 'reindex:cw20-history',
+  UPDATE_CW721_ACTIVITY_OWNER: 'update:cw721-activity-owner',
+  UPDATE_CW721_ACTIVITY_OWNER_BY_TOKEN: 'update:cw721-activity-owner-by-token',
 };
 
 export const SERVICE = {
@@ -264,6 +266,10 @@ export const SERVICE = {
         path: 'v1.Cw20ReindexingService.reindexing',
       },
     },
+    Cw721ActivityUpdateOwnerService: {
+      key: 'Cw721ActivityUpdateOwnerService',
+      name: 'v1.Cw721ActivityUpdateOwnerService',
+    },
   },
 };
 
diff --git a/src/models/cw721_tx.ts b/src/models/cw721_tx.ts
index 241949888..c1d0f8a35 100644
--- a/src/models/cw721_tx.ts
+++ b/src/models/cw721_tx.ts
@@ -21,18 +21,20 @@ export default class CW721Activity extends BaseModel {
 
   cw721_contract_id!: number;
 
-  cw721_token_id?: number;
+  cw721_token_id!: number;
 
   created_at?: Date;
 
   updated_at?: Date;
 
-  from?: string;
+  from!: string;
 
-  to?: string;
+  to!: string;
 
   height!: number;
 
+  owner!: string;
+
   smart_contract_event_id!: number;
 
   static get tableName() {
diff --git a/src/services/cw721/cw721-activity-update-owner.service.ts b/src/services/cw721/cw721-activity-update-owner.service.ts
new file mode 100644
index 000000000..24a2711f3
--- /dev/null
+++ b/src/services/cw721/cw721-activity-update-owner.service.ts
@@ -0,0 +1,148 @@
+import { Service } from '@ourparentcenter/moleculer-decorators-extended';
+import _ from 'lodash';
+import { ServiceBroker } from 'moleculer';
+import config from '../../../config.json' assert { type: 'json' };
+import BullableService, { QueueHandler } from '../../base/bullable.service';
+import { Config } from '../../common';
+import { BULL_JOB_NAME, SERVICE } from '../../common/constant';
+import CW721Activity from '../../models/cw721_tx';
+import { CW721_ACTION } from './cw721.service';
+
+const { NODE_ENV } = Config;
+
+@Service({
+  name: SERVICE.V1.Cw721ActivityUpdateOwnerService.key,
+  version: 1,
+})
+export default class Cw721ActivityUpdateOwnerService extends BullableService {
+  public constructor(public broker: ServiceBroker) {
+    super(broker);
+  }
+
+  @QueueHandler({
+    queueName: BULL_JOB_NAME.UPDATE_CW721_ACTIVITY_OWNER_BY_TOKEN,
+    jobName: BULL_JOB_NAME.UPDATE_CW721_ACTIVITY_OWNER_BY_TOKEN,
+  })
+  async updateCw721ActOwnerByToken(_payload: {
+    cw721ContractId: number;
+    cw721TokenId: number;
+  }): Promise<void> {
+    const { cw721ContractId, cw721TokenId } = _payload;
+    const activities = await CW721Activity.query()
+      .whereIn('action', [
+        CW721_ACTION.TRANSFER,
+        CW721_ACTION.SEND_NFT,
+        CW721_ACTION.BURN,
+      ])
+      .whereNull('owner')
+      .andWhere('cw721_token_id', cw721TokenId)
+      .andWhere('cw721_contract_id', cw721ContractId)
+      .orderBy('id')
+      .limit(100);
+    const lastOwnerActivity = await CW721Activity.query()
+      .whereIn('action', [CW721_ACTION.MINT, CW721_ACTION.TRANSFER])
+      .andWhere('cw721_token_id', cw721TokenId)
+      .andWhere('cw721_contract_id', cw721ContractId)
+      .whereNotNull('owner')
+      .orderBy('height', 'DESC')
+      .first()
+      .throwIfNotFound();
+    const sortedActivities = _.sortBy(
+      [...activities, lastOwnerActivity],
+      (e) => e.height
+    );
+    for (let index = 1; index < sortedActivities.length; index += 1) {
+      sortedActivities[index].owner = sortedActivities[index - 1].to;
+    }
+    await CW721Activity.query()
+      .insert(sortedActivities)
+      .onConflict('id')
+      .merge();
+  }
+
+  @QueueHandler({
+    queueName: BULL_JOB_NAME.UPDATE_CW721_ACTIVITY_OWNER,
+    jobName: BULL_JOB_NAME.UPDATE_CW721_ACTIVITY_OWNER,
+  })
+  async jobHandler(): Promise<void> {
+    const unprocessedActivities = await CW721Activity.query()
+      .whereIn('action', [
+        CW721_ACTION.MINT,
+        CW721_ACTION.TRANSFER,
+        CW721_ACTION.SEND_NFT,
+        CW721_ACTION.BURN,
+      ])
+      .whereNull('owner')
+      .orderBy('id')
+      .limit(100);
+    await this.updateOwnerForMintActs(
+      unprocessedActivities.filter((e) => e.action === CW721_ACTION.MINT)
+    );
+    const tokens = unprocessedActivities.reduce(
+      (acc: { cw721ContractId: number; cw721TokenId: number }[], curr) => {
+        if (
+          acc.find(
+            (e) =>
+              e.cw721ContractId === curr.cw721_contract_id &&
+              e.cw721TokenId === curr.cw721_token_id
+          ) === undefined
+        ) {
+          acc.push({
+            cw721ContractId: curr.cw721_contract_id,
+            cw721TokenId: curr.cw721_token_id,
+          });
+        }
+        return acc;
+      },
+      []
+    );
+    await Promise.all(
+      tokens.map(async (token) =>
+        this.createJob(
+          BULL_JOB_NAME.UPDATE_CW721_ACTIVITY_OWNER_BY_TOKEN,
+          BULL_JOB_NAME.UPDATE_CW721_ACTIVITY_OWNER_BY_TOKEN,
+          token,
+          {
+            removeOnComplete: true,
+            removeOnFail: {
+              count: 3,
+            },
+          }
+        )
+      )
+    );
+  }
+
+  async updateOwnerForMintActs(activities: CW721Activity[]) {
+    const patchQueries = activities.map((act) =>
+      CW721Activity.query()
+        .patch({
+          owner: act.to,
+        })
+        .where('id', act.id)
+    );
+    if (patchQueries.length > 0) {
+      await Promise.all(patchQueries);
+    }
+  }
+
+  async _start(): Promise<void> {
+    if (NODE_ENV !== 'test') {
+      await this.createJob(
+        BULL_JOB_NAME.UPDATE_CW721_ACTIVITY_OWNER,
+        BULL_JOB_NAME.UPDATE_CW721_ACTIVITY_OWNER,
+        {},
+        {
+          removeOnComplete: true,
+          removeOnFail: {
+            count: 3,
+          },
+          repeat: {
+            every: config.cw721.millisecondRepeatJob,
+          },
+        }
+      );
+    }
+    return super._start();
+  }
+}