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New York Stock Exchange Releases First Trade NFTs

The New York Stock Exchange (NYSE) has officially released a series of crypto-collectibles – also known as NFTs.

The six tokens were created in order to commemorate the first listings of publicly traded companies.

Stacey Cunningham, the president of the NYSE, declared that: “At the NYSE, we love to celebrate moments. It seems fitting to launch our own NYSE First Trade NFTs as a new, fun way to mark the moment a company joins the NYSE.”

The NFTs present moments related to the gaming companies Roblox and Unity, music and podcast streaming site Spotify, delivery service DoorDash, e-commerce company Coupang, and the cloud computing services company Snowflake.

According to CryptoBriefing.com, the NYSE highlighted Spotify, which carried out a direct listing as an alternative to traditional IPOs. It has also drawn attention to Coupang, which, in 2021, has recorded the largest US IPO by raising $4.55 billion.

The tokens can be found on Crypto.com, which also includes other NFTs, such as those made by Aston Martin, Boy George, and Snoop Dogg.

Currently, the tokens by the NYSE have yet to attract any bids, but taking into consideration the NFTs by TIME and New York Times, which were sold for hundreds of thousands of dollars, this collection may raise the same amount.

The company has also declared: “There will be many more NYSE NFTs to come.”

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