Nike Quietly Sells NFT Unit RTFKT as Sector Contracts

Nike has discreetly sold its NFT subsidiary RTFKT, a year after shutting down the business's operations. As the broader NFT market faces cancellations and closures, does this sale mark the end of the digital fashion boom? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily." - #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community. Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.din.com/company/coindesk Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters