Meta’s Ditching NFTs. It Sends a Stark Message About the Company and Crypto.

The tech firm is winding down its focus on non-fungible tokens for Facebook and Instagram amid CEO Mark Zuckerberg's cost-cutting and wider cryptocurrency woes.

• 2023-03-15
• digital assets Meta Platforms Facebook NFTs

Meta plans to wind down NFT initiatives on Facebook, Instagram to focus on other services

Meta Platforms, the parent company of Facebook and Instagram, will wind down its non-fungible token operations on both social media services.

• 2023-03-14
• Stephane Kasriel Meta Platforms NFTs Instagram