Coinbase: Will not exit the NFT market in the short term, Coinbase NFT still has medium to long-term value

ChainCatcher news, cryptocurrency exchange Coinbase responded during its latest earnings call with investors and analysts that despite the ongoing losses of the Coinbase NFT platform, it will not exit the NFT market in the short term. It will continue to view Coinbase NFT as a valuable project and explore medium to long-term opportunities. However, it acknowledged that Coinbase has currently reduced its investment in the NFT team and resources, "but will not give up in any way. The Coinbase NFT team has begun to realign resources." (decrypt)