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eBay NFT Expansion – Digital Assets and Collectibles

eBay NFTs

Ebay NFT Expansion. eBay is combining its years of experience with collectibles and technology with throwing something new into the mix. Last week, eBay CEO Jamie Iannone hinted in an interview with CNBC that eBay is exploring opportunities to enable digital assets. Clearly, the company was much further ahead in this pursuit as Jordan Sweetnam, eBay SVP and GM for North America, announced the following last night:

“Recently, we’ve seen a massive wave of attention, media coverage, and online conversation around high-end collectibles – or what many are calling alternate assets. Interest and investments have spanned everything from trading cards and comics to collectible sneakers and art. Seemingly unrelated categories that were once viewed as the domain of passionate enthusiasts are now recognized by a broader audience as serious business, and the space is exploding.“  

“This isn’t new to eBay. For 25+ years we’ve been the world’s destination for collectibles, connecting millions of buyers with sellers who have deep knowledge of the things they care about most. Our platform has helped collectors turn their hobbies into their livelihoods, and along the way, collectibles – ranging from beanie babies and railroad memorabilia to high-end art and rare coins – became an alternate asset class, combining passion with investment.“

“Technology is a driving force in this story, enabling experiences that many collectors never imagined. We’ve ushered in a new era of collecting, anchored by better data, greater transparency, and tools that make it easier than ever to discover, buy or sell anything. Recently released product features, like image-based listings, have made collecting more accessible to casual enthusiasts at a global scale.“

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