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Meta 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.
Kabir V.
3:21 4th Aug, 2022
NFTs

Social media giant Meta (META) has started to roll out non-fungible tokens (NFTs) across 100 countries after integrating with Coinbase (COIN) Wallet and Dapper.

The company's founder and CEO, Mark Zuckerberg, confirmed the rollout in a post on Facebook.

Instagram users in certain countries will now be able to showcase their NFTs after a successful testing phase in May.

The social media platform will also add support for Flow Blockchain, according to a tweet by Meta.

Last month, Meta's 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 has partnered with asset manager BlackRock to offer crypto trading to institutional investors.

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