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KuCoin crypto exchange debuts USDT-dominated NFT ETF
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Seychelles-headquartered cryptocurrency exchange KuCoin has launched an exchange-traded fund (ETF) tied to major nonfungible token (NFT) assets like Bored Ape Yacht Club (BAYC).KuCoin’s NFT ETF Trading Zone went live on Friday, the firm announced.
The new investment product is launched in collaboration with NFT infrastructure provider Fracton Protocol.The KuCoin NFT ETF is a Tether (USDT)-dominated product that marks particular underlying NFT assets like Bored Ape Yacht Club.
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