Coinbase is launching a marketplace for non-fungible tokens (NFTs).
- Coinbase has started a queue for a nonfungible token marketplace that allows users to create, collect, and exchange tokens.
- This year, the NFT industry has surged, with third-quarter revenues exceeding $10 billion, according to DappRadar.
- Coinbase might use the move to diversify its revenue streams, as it presently relies heavily on exchange fees.