The New York Stock Exchange (NYSE) filed a trademark application to provide an online marketplace for NFTs, cryptocurrencies, digital media and artwork. If successful, the exchange would be competing with the likes of popular NFT marketplaces OpenSea and Rarible. "This shows how interested corporations are in being involved with the times," Will Foxley says. "The Hash" team dives into what this means and why NYSE needs to file for a trademark at all.
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Francisco Gimeno - BC Analyst While NFTs continue to be either praised as the best thing after sliced bread or a complete scam to launder money and everything in the middle, we continue to see how institutions position themselves looking ahead to a future where NFTs have a critical role in the Metaverse's or digital economy. NYSE has just file a trademark application, and we don't know more about it, but this is a huge signal of how popular NFTs are for those interested in new marketplaces and they work for the future.