Coinbase Plans To Launch NFT Marketplace By End Of Year
In a move that could lead to even more inflated prices in the burgeoning NFT market, Coinbase, the publicly-traded crypto exchange, is planning to launch its own marketplace for the popular digital images that are traded on the blockchain.
The company said it hopes to launch the marketplace by the end of the year. It will compete with sites like OpenSea, which facilitated nearly $3 billion in NFT transactions last month.
This is a developing story…