Coinbase launches NFT marketplace to all users

Coinbase Global is opening up its non-fungible token marketplace to all users.

Coinbase had earlier rolled out for select users in the United States.

Coinbase said its NFT marketplace is in the beta stage and the company is still working on adding more features to the platform.

The platform was first announced in October last year and was opened up to a “small number” of users in the U.S. in April.

NFTs are a type of digital asset, which uses blockchain technology to record the ownership of digital files such as an image, video or a piece of text.

The popularity of such assets skyrocketed in 2021, but its growth has displayed signs of cooling of late.