Now Facebook Considers Jumping Into Highly Popular NFT Space


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


  • Bloomberg reports that Facebook Inc (NASDAQ:FB) plans its nonfungible tokens foray to tap their growing popularity. David Marcus, who leads Facebook's Novi digital wallet development, intends to integrate NFT into the wallet.
  • Facebook is waiting to launch the wallet with Facebook's digital currency, Diem, which was co-developed by Marcus and met regulatory hurdles.
  • The combination is likely to reduce the cost and time taken for money transfer.
  • Visa Inc. (NYSE:Vrecently acquired blockchain collectible NFT CryptoPunk 7610.
  • The online NFT auction house OpenSea recently exceeded $1 billion in monthly trading volume.
  • Price Action: FB shares traded higher by 0.04% at $365.65 in the premarket session on the last check Wednesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: NewsTechMediaBriefsNFTs