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NYSE Files Trademark Application for Its Own NFT Marketplace
The move comes after the NYSE minted six NFTs last year commemorating the debut of hot tech stocks on the exchange.
The New York Stock Exchange (NYSE) has filed an application with the U.S. Patent and Trademark Office (USPTO) to provide an online marketplace for various digital goods including non-fungible tokens (NFT), cryptocurrencies, digital media and artwork.
- If the exchange follows up with these plans, it would be competing with the likes of OpenSea and Rarible.
- In April, the NYSE minted its first set of NFTs with homages to six hot tech stocks that debuted on the world’s largest bourse, including Spotify, Roblox and Coupang. At the time, the exchange said it wasn’t selling the NFTs, only minting them, apparently for commemorative purposes.
- With this latest trademark filing, it’s become clear the NYSE may have much more ambitious plans for NFTs.
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Michael Bellusci
Michael Bellusci is a former CoinDesk crypto reporter. Previously he covered stocks for Bloomberg. He has no significant crypto holdings.
