Digital Asset Exchange Crypto.com Deploys Native Token Support for New NFT Platform

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Singapore-based digital asset exchange Crypto.com is adding native asset support for the new Non-Foldable Token (NFT) platform.

Exchange clients can now trade the native token of Minted (MTD), the Cronos Labs startup that allows users to list and buy over 10 million NFTs on Cronos (CRO) and Ethereum (ETH) blockchains.

Cronos operates the Crypto.com payments, trading and financial services platform, and Minted launched its trading platform in August in partnership with the exchange. NFT pools launched on Crypto.com/NFT and minted on Cronos will be available for secondary trading on Minted, according to the NFT platform.

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Matt Wan, director of branding and commercial partnerships at Minted says,

“We will soon be announcing several exciting upcoming groups that have chosen Minted as their platform partner. Through our launch and the continued support of Cronos Labs thereafter, we are committed to bringing the next generation of innovation to the NFT ecosystem. Our vision for Minted is to become a ‘marketplace’. Digitally Wonders” for new and experienced collectors.

MTD is trading at $0.232263 at the time of writing. The 699th crypto-asset by market capitalization is up more than 1% in the past 24 hours. MTD is used to reward users through fee revenue and can be used for governance in the future, according to Crypto.com.

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Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should perform their due diligence before making high-risk investments in bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any loss you may incur is your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets, and The Daily Hodl is not an investment advisor. Please note that The Daily Hodl is involved in affiliate marketing.

Main image: Shutterstock / jiang jie feng / Andy Chipus

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