NFT mania has been sweeping various sectors of the global economy as individuals and businesses look to take advantage of the benefits inherent in art digitalization. New York Stock Exchange has followed Forbes' footsteps by minting some of its notable listings.

Announced earlier today, NYSE stated that the NFTs would represent some memorable moments for the exchange. NYSE stated that "When we decided to mint the NYSE's first NFTs, it was fitting that we chose to memorialize that particular one-of-a-kind moment. Our first-class of NYSE NFTs celebrates the First Trades of these notable listings: Spotify, which executed the first-ever Direct Listing, Snowflake, Unity, DoorDash, Roblox and Coupang, the largest U.S. IPO so far this year."
NYSE added that although it is starting with these six listings, there will be many more NYSE NFTs to come as the exchange continues to welcome new and innovative companies into the community.
The post added that the NFTs would be available on Crypto.com, one of the leading cryptocurrency exchanges. While discussing it on Twitter, NYSE explained how its NFTs work. NYSE pointed out that "These non-fungible tokens memorialize a company's First Trade using the blockchain's digital ledger and provide irrefutable proof of authenticity and ownership."
NYSE further explained that the first trade is the exact moment a company becomes public, creating an opportunity for others to share in its success. The company said it intends to keep supporting innovation. "Innovation is what we do at the NYSE. We were the first with Direct Listings and at the forefront of the emergence of SPACs. Now we want to help drive this new wave of NFT innovation," NYSE concluded.
Furthermore, independent artists like Beeple have sold NFTs worth millions of dollars. Thanks to NFTs, artists can now get more rewards for their work as it helps create the appropriate value.
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