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New York Stock Exchange Files Trademark for NFTs

Jeff Pratt breaks down the NYSE filing a trademark application to enter the metaverse.

The world is expanding, and DraftKings is expanding along with it. As NFTs continue to grow, these daily articles will serve as a hub for the latest news and notes in the space.

In case you are new to the Metaverse, check out my quick breakdown on what NFTs are and how they work. For those looking to get in the game, read my article on how to set up a MetaMask wallet.

New York Stock Exchange Files Trademark for NFTs

The world’s largest stock exchange is coming to the metaverse.

On Feb. 10, the New York Stock Exchange (NYSE) filed a trademark application to register the name “NYSE” for a variety of crypto products, including NFTs.

As described on the company’s official NYSE NFT website, the upcoming NFT collection will focus on one-of-a-kind moments. The initial wave of these “First Trade” collectibles will celebrate the first NYSE trades by Spotify, DoorDash, Roblox, Snowflake, Unity and Coupang. The NYSE will focus on those six companies to start, with others eventually joining the community.

According to trademark attorney Josh Gerben, the NYSE’s trademark application also indicates future plans to launch an NFT marketplace.

This is just the latest move from a major company to enter the metaverse, as the concept becomes more mainstream.

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