New York Stock Exchange (NYSE), has filed a trademark application at US Trademark and Patent Office.This will allow the stock exchange to trade its own digital goods based on blockchain technology.The “provision of an internet marketplace for buyers and sellers of digital goods authenticated using non-fungible tokens, (NFTs),” part of the application. The patent also specifies what constitutes a digital good, listing NFTs, digital media, and artworks. It also allows for the provision of trading in various cryptocurrency.
💥 NEWS: Trademark apllications for #NFT trading has been filed by the New York Stock Exchange (NYSE)— NFT Party (@nftpartynews) February 15, 2022
Something big is coming 👀
It is expected that the NYSE would create a digital marketplace for blockchain-based products to complement the NFT industry’s big players like OpenSea and Rarible. This isn’t the first venture into non-fungible markets. Six NFTs were created by the NYSE in April 2021 to celebrate the listing of several high-tech stocks on the exchange. These items were not able to be traded on any platforms at the time and instead represented a pivotal moment in the history the exchange’s existence. It will be fascinating to see where the NYSE takes their blockchain-based enterprise.