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Crypto Exchange FTX launches new Ethereum-based NFT marketplace

Crypto exchange giant FTX adds Ethereum-based non-fungible tokens (NFTs) to its arsenal of digital assets.
The company tells its 330,000 Twitter followers that the Ethereum-based NFT marketplace is only two months after its launch Solana-based NFT platform in operation.

“We’re excited to expand our NFT marketplace, which will allow users to buy, sell and view their products, Ethereum NFTs alongside their Solana NFTs for the first time!”

That move comes after FTX founder and CEO Sam Bankman-Fried said he had his eyes on the emerging sector and that he thought NFTs might be the only thing that could drive mass adoption Cryptocurrencies triggers.

“I would put NFTs in this top category now in terms of likelihood, along with a few other things in terms of what a non-crypto-native audience will bring to crypto for anything other than financial investments.

… Whether it’s integrating with video games, whether it’s ticketing for venues, events or teams, I think we’re seeing really active movements on these fronts. “

FTX isn’t the only major crypto exchange venturing into the world of NFTs. Recently, the American crypto titan Coinbase announced its own NFTMarketplace, and CEO Brian Armstrong predicted big things for the sector.

“I think this is going to be a very big area for crypto going forward, and it is now. I mean, traditionally Coinbase has focused on FTs, fungible tokens, and we’re just as excited about NFTs. I think it could be just as big or bigger. We do not know it.”

FTX’s native FTT token is trading hands at $ 51.01 at the time of writing, up 9% from its seven-day low of $ 46.66.

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Source: Crypto News Deutsch

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