Meta Confirms NFT Rollout Across 100 Countries Amid Coinbase Integration

Following a series of testing phases, NFT integration is now live on Instagram across 100 countries.

AccessTimeIconAug 4, 2022 at 3:08 p.m. UTC
Updated May 11, 2023 at 5:37 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Social media giant Meta (META) has started to roll out non-fungible tokens (NFT) across 100 countries after integrating with Coinbase (COIN) Wallet and Dapper.

  • Meta's founder and CEO, Mark Zuckerberg, confirmed the rollout in a post on Facebook.
  • Instagram users in certain countries will now be able to showcase their NFTs after a successful testing phase in May.
  • The social media platform will also add support for Flow Blockchain, according to a tweet by Meta.
  • Last month, Meta product manager Navdeep Singh said that testing was also underway on Facebook as it aimed to enable cross-platform posting involving NFTs.
  • Meta's share price is currently down by 1.07% at $167. Coinbase (COIN), meanwhile, jumped by over 31% on news that it has partnered with asset manager BlackRock (BLK) to offer crypto trading to institutional investors.
  • Crypto in Washington: What Politicians Are Saying About Digital Assets
    01:33
    Crypto in Washington: What Politicians Are Saying About Digital Assets
  • Crypto Traders Grow Bearish as Aptos Plans $103M APT Token Unlock in November: Data
    01:13
    Crypto Traders Grow Bearish as Aptos Plans $103M APT Token Unlock in November: Data
  • Thailand Issues Warning Against Meta Over Fraudulent Crypto Ads
    05:12
    Thailand Issues Warning Against Meta Over Fraudulent Crypto Ads
  • Thailand Warns Facebook Parent Company Meta to Curb Crypto Scams
    02:21
    Thailand Warns Facebook Parent Company Meta to Curb Crypto Scams
  • Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Oliver Knight

    Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.


    Read more about