The NYSE files a trademark application for NFT trade

The NYSE files a trademark application for NFT trade

The world’s largest public stock exchange, the New York Stock Exchange (NYSE), has announced that it has filed an NFT trademark application with the United States Patent and Trademark Office (USPTO) February 10, with the aim of entering the world of NFT markets.

According to an official statement, the application was filed by the NYSE includes virtual reality and augmented reality software, irreplaceable tokens or online markets.

The NYSE hopes to offer “downloadable virtual goods” for NFTs and digital collectors, using blockchain authentication technology.

“Many more NYSE NFTs are coming as we continue to welcome new, innovative companies into our community,” NYSE added.

This trademark application implies the determination of the NYSE and plans to launch the NFT market and explore blockchain and the NFT market.

An irreplaceable token (NFT) is a special encrypted token that represents unique collectibles. NFT is used in specific applications that require unique digital items, such as encrypted art, digital collectibles, and online games.

Because NFTs cannot be copied or shared between different owners. Therefore, identity authentication is crucial.

In April last year, the NYSE launched its “first class NYSE NFTs” to celebrate “The first stores of these significant listings: Spotify, which made its first direct listing, Snowflake, Unity, DoorDash, Roblox and Coupang, the largest U.S. IPO to now this year. ”

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