Coinbase And BlackRock Partnership, Instagram Rolls Out NFTs, NFTs.com Domain Sells For $15 M

BlackRock and Coinbase Partnership

Coinbase, a U.S.-based cryptocurrency exchange, announced a partnership with BlackRock, the world's biggest investment firm. The partnership will provide institutional clients of Aladdin®, BlackRock’s end-to-end investment management platform, with direct access to cryptocurrency assets.

“We are proud to announce a partnership with @BlackRock. BlackRock’s Aladdin clients will also now have direct access to crypto markets through Coinbase Prime,” announced Coinbase on Twitter. 

Joseph Chalom, the Global Head of Strategic Ecosystem Partnerships at BlackRock, said that BlackRock’s institutional clients are increasingly interested in gaining exposure to the digital asset market. Many were also concerned with how to manage the operational life cycle of these assets efficiently.

Instagram Rolls Out NFTs

Meta, formerly known as Facebook, is rolling out NFT features across Africa, Asia-Pacific, the Middle East, and the Americas. Initially, the feature will support Ethereum, Polygon, and Flow NFTs. Fees will not be charged for posting or sharing a digital collectible on Instagram.

“Starting this week on Instagram, we're testing digital collectibles with select US creators and collectors to share NFTs they've created or purchased. Connecting a digital wallet, sharing digital collectibles, and automatically tagging the creator and collector are all part of the feature,” announced Meta. 

All you need to do to post a digital collectible is connect your digital wallet to Instagram. We currently support connections with third-party wallets such as Rainbow, MetaMask, Trust Wallet, Coinbase Wallet, and Dapper Wallet, with more to come. At the moment, supported blockchains include Ethereum, Polygon, and Flow. Posting or sharing a digital collectible on Instagram is free of charge.

NFTs.com Domain Sells For $15 M

According to DomainInvesting, the domain name "NFTs.com sold for $15 million. It is the year's largest domain name sale. Domainer and GoDaddy brokered the deal for an unnamed buyer, and Escrow.com facilitated the transaction. The most expensive purchase was Voice.com for $30 million in 2019.

"It was a pleasure to work with all parties involved with NFTS.com. An incredible opportunity for the buyer to acquire a category killer domain. And one of, if not the best possible dot com's in the entire Web3 space," GoDaddy representative Matt Holden said in a press release.