The New York Stock Exchange is stepping into the nonfungible tokens market with plans to do for digital assets what it does for stocks, according to Bloomberg.
The NYSE said in a regulatory filing with the U.S. 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 Inc.
The filing dated Feb. 10, indicated plans for a NYSE-branded cryptocurrency and a marketplace to buy, sell and trade NFTs.
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