05/08/2022Meta 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.
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.
Instagram users in certain countries will now be able to showcase their NFTs after a successfultesting phasein May.
The social media platform will also add support for Flow Blockchain, according to atweetby 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 haspartnered with asset manager BlackRock(BLK) to offer crypto trading to institutional investors.