Category: News

Category: News

PayPal files patent for NFT Marketplace

PayPal files patent for NFT Marketplace

PayPal seeks to capitalize on burgeoning NFT interest by filing a patent for an all-encompassing NFT marketplace supporting tokenized art, assets, tickets, and more. In March 2022, PayPal filed a patent application detailing plans for a robust NFT marketplace with fractionalized purchases, DAO integration, creator royalties, and off-chain transactions. The pending patent solidifies PayPal’s ambitions to dominate the crypto space.