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Meta Reportedly Working On NFT Integrations For Facebook And Instagram

 

Meta Platforms, Inc., (NASDAQ: FB) is reportedly working on NFT integrations for its social media platforms, Facebook and Instagram.

According to a report by the Financial Times, Meta has tasked teams from its Facebook and Instagram divisions to create functionality integrations and enable the minting and sale of non-fungible tokens (NFTs). The new functionalities are said to allow users to display their NFTs or NFT collections directly through their social media profiles.Instagram’s company head, Adam Mosseri, stated in December that the social platform has been “actively exploring NFTs,” while initial reports on the matter have claimed that Instagram is currently doing internal testing for its NFT showcasing features. The program for Instagram’s NFT efforts was …

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