Coinbase (NASDAQ:COIN) teams up with Mastercard (NYSE:MA) in an effort to enable a broader group of consumers to purchase non-fungible tokens, the crypto exchange said in a blog post. Coming soon, Coinbase (COIN) will reveal a new way to pay using Mastercard (MA) cards. With this partnership, "we'll be able to provide a better customer experience on Coinbase NFT and plan on working to find ways to bring this opportunity to the broader ecosystem through Mastercard's scale and global network," the blog reads. Meanwhile, shares of (COIN -2.0%) and (MA -1.4%) slide as the stock market takes a nosedive. Recall in mid-October when Coinbase entered the NFT market to make minting and trading easier.
