alex dovbanya
Mastercard further adopting non-fungible tokens
According to a press release published on June 9, payments giant Mastercard has opened its network to more non-fungible tokens.
The financial services company has tied up with several leading NFT marketplaces, such as The Sandbox, to make it possible to purchase digital collectibles with its card.
This is not the company’s first foray into the NFT landscape. In January, Mastercard partnered with Coinbase to enable purchases on the major cryptocurrency exchange’s NFT marketplace.
Mastercard says it wants to drive innovation by making new technologies more inclusive.The company had a total of 2.89 billion cards in circulation in the first quarter of the year.
