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Is Coinbase's New NFT Marketplace the Answer to Its Growth Problems?

  • Platform enters crowded field six months after announcement
  • Initiative aims to revive growth prospects after stock decline
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NFT Investments Questioned As Interest Fades
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Coinbase Global Inc.’s marketplace for nonfungible tokens is finally here in what could be key to reviving the crypto exchange’s growth prospects a year after its fizzling public debut. 

A trial version of its long-awaited platform -- designed to sell ownership of digital art and possibly other items -- was unveiled Wednesday in the company’s latest attempt to diversify its revenue and bring more predictability to the business.