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New York Stock Exchange Considers Launch of NFT Marketplace, According to New Trademark Application

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The New York Stock Exchange (NYSE) seems to be interested in delving into the world of non-fungible tokens (NFTs).

The world’s largest stock exchange has filed a trademark/service mark application with the United States Patent and Trademark Office (USPTO) to “provide an online marketplace for buyers, sellers, and traders of digital goods downloadable”, authenticated by non-fungible tokens. ”

The application also indicates that the NYSE is interested in developing “virtual reality, augmented reality, and mixed reality downloadable software” as well as a “virtual currency financial exchange in the field of digital currency.”

Despite the trademark filing on February 10, a stock exchange representative told Reuters that the NYSE does not plan to launch cryptocurrency or NFT trading now.

“[The New York Stock Exchange] regularly considers new products and their impact on our trademarks and protects our intellectual property rights accordingly.”

The NYSE first delved into the NFT sector last April when it released NFTs of six tech companies’ first trading notes from the day of their initial public offerings.

“When we decided to mint the first NYSE NFTs, it was only fitting that we chose to celebrate that particular unique moment… We are starting with these six, but we know there are many more NYSE NFTs to come as we continue to welcome new and innovative companies to our community.”

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