Oliver Knight
4 Aug 2022
Following a series of testing phases, NFT integration is now live on Instagram across 100 countries.
Social media giant Meta (META) has started to roll out non-fungible tokens (NFT) across 100 countries after integrating with Coinbase (COIN) Wallet and Dapper.
Meta'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 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 (BLK) to offer crypto trading to institutional investors.