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NFTs Are Coming to Instagram (‘Hopefully’)

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Key Takeaways

  • Mark Zuckerberg said today that Instagram was working to incorporate NFTs into its platform.
  • Zuckerberg suggested that users might one day be able to mint NFTs on Instagram.
  • The features could roll out within the next few months, Zuckerberg said.

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Mark Zuckerberg, chief executive officer of Meta (formerly Facebook), has said that non-fungible tokens would be incorporated into Instagram “in the near term.”

Meta to Venture Into NFTs

Speaking today at South by Southwest, Mark Zuckerberg said NFTs would be mintable on Instagram “hopefully” within months.

Zuckerberg said Meta was “working on bringing NFTs to Instagram in the near term,” though he added, “I’m not ready to kind of announce exactly what that’s going to be today. But over the next several months, the ability to bring some of your NFTs in, hopefully over time be able to mint things within that environment.”

In December, Instagram’s leader Adam Mosseri said NFTs were actively being explored, and a Financial Times report in January cited two sources stating Meta…

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