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Facebook owner Meta dives into NFT digital collectibles craze

Teams at Facebook and Instagram are readying a feature that will allow users to display their NFTs on their social media profiles, as well as working on a prototype to help users create — or mint — the collectible tokens, according to several people familiar with the matter.

Instagram head Adam Mosseri in December said it was “actively exploring NFTs”, without sharing specific details. But Instagram is now internally testing its NFT showcasing feature, said two people with knowledge of the fast-developing plans.

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nfts, defi