KuCoin is the first centralized exchange to launch an NFT ETF

On July 29, a global cryptocurrency exchange announced that its NFT ETF Trading Zone would open for business. Over 20 million people will be able to use the new service, which aims to make NFT assets more liquid and reduce the amount of money needed to buy blue-chip NFTs.

With the NFT ETF, KuCoin is the first centralized crypto exchange to handle such securities. KuCoin is also the first market participant to release an ETF that is based on USDT and identifies certain blue-chip NFT ...