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Online marketplace eBay now allows NFT sales

May 11, 2021. Summarized by summa-bot.

Compression ratio: 31.8%. 1 min read.

A senior VP at eBay's North America offices said the online marketplace would add new capabilities to facilitate the buying and selling of NFTs for users in the coming months.

Online marketplace eBay has introduced auctions for nonfungible tokens to its platform.

According to a Reuters report, eBay users who meet certain criteria on the platform will be permitted to list nonfungible tokens, or NFTs. The company added that it would expand its policies and tools surrounding digital collectibles in the future.

Three years ago, a senior vice president at the firm said eBay was "seriously considering" integrating Bitcoin (BTC) into its platform as a payment method.

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