Crypto exchange Coinbase launches NFT marketplace for some U.S. users

FILE PHOTO: A non-fungible token (NFT) displayed on the website of NFT marketplace OpenSea is seen through a magnifying glass, in this illustration picture taken February 28, 2022. REUTERS/Florence Lo/Illustration

LONDON (Reuters) - Major U.S. crypto exchange Coinbase Global Inc launched its NFT marketplace on Wednesday, in a sign of confidence in the niche digital asset even as the market shows signs of cooling.

The platform, first announced in October, will initially be available for a "small number" of people in the United States, a Coinbase spokesperson said. More users will be added from a waiting list over the next three to five weeks as the platform is tested.