Coinbase has made a significant investment by acquiring the UpOnly NFT from Cobie for $25 million. This acquisition highlights Coinbase’s ongoing interest in the NFT market. UpOnly is known for its unique digital assets, which have gained traction among collectors and investors. The deal reflects a broader trend of cryptocurrency platforms expanding their portfolios to include NFTs. As the market evolves, Coinbase aims to enhance its offerings and attract more users interested in non-fungible tokens.
