NYSE moves closer to NFT trading with trademark application


FILE PHOTO quotStock Exchangequot is seen over an entrance to the New York Stock Exchange NYSE on Wall St. in New York City U.S. March 29 2021.  REUTERSBrendan McDermidFile Photo

FILE PHOTO: "Stock Exchange" is seen over an entrance to the New York Stock Exchange (NYSE) on Wall St. in New York City, U.S., March 29, 2021. REUTERS/Brendan McDermid/File Photo

(Reuters) -The New York Stock Exchange has filed an application to register the term "NYSE" for a marketplace for non-fungible tokens (NFTs), taking a step closer to setting up an online trading place for cryptocurrencies and NFTs.

The hype around cryptocurrencies last year spilled over to NFTs, a form of speculative investment that has attracted fans including former U.S. first lady Melania Trump and Jamaican sprint great Usain Bolt.

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