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

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

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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CoinDesk - Unknown

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

CoinDesk - Unknown

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