(Reuters) - Meta Platforms Inc (NASDAQ:META) will stop supporting digital collectibles or non-fungible tokens (NFTs) on its platforms, the social media firm's fintech head Stephane Kasriel said on Monday.
"We're winding down digital collectibles (NFTs) for now to focus on other ways to support creators, people, and businesses," Kasriel tweeted.
(Reporting by Eva Mathews in Bengaluru; Editing by Devika Syamnath)
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.
Should you invest $2,000 in META right now?
ProPicks AI are 6 model portfolios created by Investing.com which identify the best stocks for investors to buy now. The stocks that made the cut could produce monster returns in the coming years. Is META one of them?
Unlock ProPicks AI to find out