According to the CEO of Coinbase, NFTs might be “as big as or bigger” than all crypto.

  • Coinbase officially announced plans to launch its own NFT platform in mid-October, intending to allow its users to create, purchase, discover and showcase Ethereum-based NFTs. The service will provide a social media-like experience, enabling users to follow different profiles and receive updates.
  • Coinbase is just one of many global crypto exchanges that plan or have already launched their NFT platforms amid the parabolic growth of the NFT industry.
  • In September, Sam Bankman-Fried’s crypto exchange FTX became the latest crypto platform to announce the launch of a native NFT marketplace.
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