Cryptocurrencies
NYSE Wants to Be Marketplace for NFTs Just Like With Stocks
- Trademark filing shows plans to offer digital assets
- Exchange minted its first NFTs last year around IPOs
A monitor displays stock information on the floor of the New York Stock Exchange.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
The New York Stock Exchange is stepping into the nonfungible tokens market with plans to do for digital assets what it does for stocks.
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.