FTX.US adds support for Ethereum-based NFTs to its marketplace

After hinting that this feature would come soon, the U.S.-based crypto exchange FTX.US now allows users to buy, sell and display Ethereum NFTs on its previously Solana-only non-fungible token (NFT) marketplace. 

According to a tweet from the exchange, Wednesday marks the first time the company has allowed Ethereum NFTs onto its nascent NFT marketplace — which launched more than a month ago on October 11

FTX.US is now the first and so far only NFT marketplace to offer both Ethereum and Solana NFTs. 

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Ethereum remains the top blockchain for NFTs. As The Block’s data shows, this is because many of the top NFT marketplaces, such as OpenSea and SuperRare, primarily mint and sell their NFTs as ERC-721 tokens — the native currency of the Ethereum blockchain. 

As a result, many of the most prized — and most expensive — NFT collectibles such as Bored Ape Yacht Club, Mutant Ape Yacht Club and CrypToadz are Ethereum-based. These NFTs collectibles and more are now on the FTX.US marketplace. 

About Author

MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.