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High-profile athletes are spending huge amounts on NFTs: Here’s why -Breaking

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While athletes are known for their investments in many assets and businesses and now, they are also investing in blockchain and cryptocurrency.

NFTs, or nonfungible tokens, are an innovative form of token that permits the trading and ownership of digital assets. NFT trading worldwide was valued at approximately $40 billion according to market data in 2021. Some professional athletes now participate in the trend.