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Ebay is also exploring opportunities in the non-fungible token (NFT) business

According to the announcement from the company, Ebay is currently allowing the sale of non-fungible tokens (NFTs).

Ebay said:

“This is only the beginning. This initial rollout will help us learn more about what’s important to our community.”

The giant e-commerce platform eBay now allows the sale of NFTs tokens

Referring to the open sale policy, Ebay said:

“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.”

The notice states:

“Today we are updating Ebay’s policy to include the sale of NFTs. In the short term, NFT inventory will be provided by trusted sellers who meet our high standards, across categories like trading cards, music, entertainment, and art.”

EBay continued:

“This is only the beginning. This initial rollout will help us learn more about what’s important to our community. Expect to see programs, policies, and tools that will allow our audiences to buy and sell NFTs with greater ease and confidence, across a broader range of categories.”

It was later revealed that in the coming months, eBay will add new capabilities, bringing blockchain-driven collections to the platform.

Earlier this month, eBay CEO Jamie Iannone revealed that his company is considering accepting cryptocurrencies as payments.

The CEO said:

“We are expanding the types of payments that we take. We now take Apple Pay and Google Pay. More choice for buyers … We will continue to look at other options, like cryptocurrency.”

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