Big news from the largest securities and shares marketplace in the world, the New York Stock Exchange (NYSE) as it has officially applied to register as marketplace for NFTs, crypto products, and metaverses. The exchange filed with the US Patent and Trademark Office on the 10th February for a trademark license that would allow it to launch the aforementioned products.
This move by the world’s largest bourse is a clear indication that NFTs have applied themselves as a major thing, breaking into the mainstream for only a couple of months. The NYSE wishes to be able to buy and sell these, as well as launching a metaverse and getting into this hype which is still to develop into a major aspect of the financial industry. It’s plans are to offer in the future a mixture of augmented reality and virtual realist as part of mixed reality softwares. The NYSE is also very keen on offering crypto-related products for this industry is booming and there seems to be no end in sight.
Nevertheless, the stock exchange won’t be rushing into thing. A spokesperson revealed that there are still no plans for unveiling NFT or crypto trading. Further reports state that the NYSE is also planning on launching its very own cryptocurrency, however much of the information on this is obscured.
The popularity of crypto products and NFTS is unprecedented, while the rising metaverse boom is yet to reach a peak. All of these create countless opportunities around the world with both large and small scale companies and exchanges as well as government branches.