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NYSE launches NFT collection to mark IPOs of American tech firms

NYSE launches NFT collection to mark IPOs of American tech firms

The New York Stock Exchange (NYSE) has released its first NFT collection to mark the IPOs of American high-tech firms.

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NYSE First Trade #NFT: @Roblox ⚙️ First trade on 3.10.21. Click the link in our bio to view all NYSE First Trade NFTs. pic.twitter.com/8HceiC8dDU

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— NYSE 🏛 (@NYSE) April 12, 2021

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Six non-fungible tokens were released on the Crypto.com blockchain. They are devoted to the first public trades of Spotify, Snowflake, Unity, DoorDash, Roblox and Coupang. Each token includes pricing metadata and marks the exact moment the company went public.

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“Each message is recorded in the digital ledger of our trading platform. One of these messages marks the first trade on the NYSE, giving others the opportunity to share in its success,” wrote the president of the NYSE Stacey Cunningham in her blog.

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The NFTs were gifted to each company. Cunningham hinted that in the near future the exchange may release more tokens, but does not plan to sell them.

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“There will be many more NFTs on the NYSE as we welcome new innovative companies to our community,” she wrote.

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Earlier, ForkLog reported that the French arm of McDonald’s unveiled a series of NFTs featuring animated images of its dishes.

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