Instagram is adding NFTs soon, says Mark Zuckerberg

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Mark Zuckerberg just said that “hopefully” in the coming months you’ll be able to mint NFTs within Instagram

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Meta did not immediately respond to Cointelegraph when NFT functionality would be live

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Meta famously changed its name from Facebook to focus on its metaverse-related projects.

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This isn’t Meta’s first attempt at a crypto-related project. In 2019, the company signaled plans to create “Libra,” later rebranded to “Diem,”

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Social media companies have been looking to implement cryptocurrencies and NFTs into their platform

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Twitter’s famous decision to add support for NFT profile pictures in January

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Reddit implemented NFT avatars from its own collection and adult site

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Traditional finance companies are showing their interest in the space with major credit card company

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American Express, hinting at its expansion into the Metaverse, according to trademark filings.

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