NYSE releases collection of NFTs commemorating notable IPOs
April 12, 2021, 4:50PM EDT
1 min read
The New York Stock Exchange (NYSE) has minted its first collection of non-fungible tokens (NFTs).
The six NFTs, referred to as "First Trades," commemorate noteworthy listings in the past, with each token representing the exact moment a company became public.
Traditionally, when a company carries out its initial public offering (IPO), its CEO will strike the NYSE First Trade bell, marking the moment the company joins the public market. Behind the scenes, the NYSE processes billions of order and trade messages.
"Each message is recorded in our trading platform’s digital ledger. Only one of those messages marks the NYSE First Trade: the exact moment a company became public, creating an opportunity for others to share in their success," wrote NYSE President Stacey Cunningham in a blog post on Monday. "The NYSE First Trade NFT memorializes that unique moment in a company’s history."
The NFT collection celebrates the first trades of Spotify, Snowflake, Unity, DoorDash, Roblox and Coupang (the largest U.S. IPO in 2021 so far).
Cunningham hinted that the exchange may release more NFTs in the near future.
"While we are starting with these six, we know there will be many more NYSE NFTs to come as we continue to welcome new, innovative companies to our community," she wrote.
Delivering on a vision for an interoperable global standard for dollar digital currency, Circle and TRON have partnered to make USD Coin (USDC) available on the TRON blockchain, which has grown to more than 56 million accounts and nearly 2.5 billion transactions since its founding just four years ago. TRON is home to a broad ecosystem for digital assets in Asia and around the world, and the TRON community can now benefit from easy access to the world's fastest-growing, regulated dollar digital currency.
The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana.
We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years to come.
LMAX Group robust technology and familiar institutional grade trading infrastructure (currently processing over 2 billion orders per day in the global FX market) is the solid backbone of LMAX Digital, delivering access to deep institutional liquidity, transparent price discovery, a regulated trading environment and a full custodian trading solution.