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Meta Discontinues NFTs on Facebook and Instagram Less Than a Year After Launch – Here’s the Latest

Senior representatives of Meta, the parent company of Facebook and Instagram, announced that the company will be shutting down the ability to buy and sell non-fungible tokens (NFTs) on both platforms, less than a year af...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Meta Discontinues NFTs on Facebook and Instagram Less Than a Year After Launch – Here’s the Latest
Senior representatives of Meta, the parent company of Facebook and Instagram, announced that the company will be shutting down the ability to buy and sell non-fungible tokens (NFTs) on both platforms, less than a year after the feature was introduced.
Stephane Kasriel, the head of commerce and financial technologies at Meta, said in a tweet: ...
Read More: Meta Discontinues NFTs on Facebook and Instagram Less Than a Year After Launch – Here’s the Latest

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This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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