NYSE wants to be marketplace for NFTs just like with stocks
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[NEW YORK] The New York Stock Exchange (NYSE) is stepping into the non-fungible tokens (NFT) market with plans to do for digital assets what it does for stocks.
The NYSE said in a regulatory filing with the US Patent and Trademark Office that it wants to be a financial exchange for cryptocurrencies and NFTs that would compete with the likes of OpenSea and Rarible. The filing, dated Feb 10, indicated plans for a NYSE-branded cryptocurrency and a marketplace to buy, sell and trade NFTs.
In a statement, the NYSE said it has no immediate plans to launch cryptocurrency or NFT trading but "regularly considers new products and their impact on our trademarks and protects our intellectual property rights accordingly".
The exchange last year minted its first NFTs, memorialising noteworthy initial public offerings including that of Spotify Technology, Snowflake, Unity Software and Roblox. BLOOMBERG
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