Bloomberg reported on the 15th (local time) that the New York Stock Exchange (NYSE) is seeking to establish an exchange that can buy and sell NFT (non-replaceable token) like stocks.
NYSE said in a document submitted to the USPTO on the 10th that it wants to become a virtual currency and NFT exchange that competes with existing NFT exchanges such as “OpenSea” and “Rarible.”
Accordingly, NYSE plans to promote virtual currency of its brand and exchanges that can buy and sell NFTs.
In this regard, NYSE issued a statement and said it has no plans to immediately start NFT transactions or introduction of virtual currency.
However, he explained, “We will periodically check (the market) new products and their impact on our trademark rights and protect our intellectual property rights (IP) accordingly.”
NYSE, the world’s largest stock exchange, first issued NFT in April last year to commemorate the first transactions of six newly listed companies, including Coupang and Spotify.
NFT is a virtual asset that uses blockchain technology to give digital content unique recognition values. Since all information such as ownership and sales history is stored in a blockchain, which can be called a digital ledger, forgery or alteration is impossible.
As NFT became popular as an investment target, digital artist “Bipple”‘s NFT work was sold for $69.3 million at Christie’s auction.