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 Aug 4, 2022 at 3:50 p.m. UTC
Daniel Alegre
CEO
Yuga Labs
Hear from Yuga Labs new CEO in his first public appearance since assuming the position.
Daniel Alegre
CEO
Yuga Labs
Consensus 2023 Logo
Hear from Yuga Labs new CEO in his first public appearance since assuming the position.

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

Daniel Alegre
CEO
Yuga Labs
Hear from Yuga Labs new CEO in his first public appearance since assuming the position.
Daniel Alegre
CEO
Yuga Labs
Consensus 2023 Logo
Hear from Yuga Labs new CEO in his first public appearance since assuming the position.

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.

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


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


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