E*Trade and Nike Step into Crypto

E*Trade and Nike Step into Crypto

Two massive corporations have put their stake in the crypto-ground recently. E*Trade is getting ready to let their customers trade cryptocurrencies on their platform according to a recent article from Bloomberg. They plan on starting out with Bitcoin and Ethereum but will expand the list in a similar way to what Coinbase has done. This would make E*Trade one of the largest exchanges to allow crypto trading.

Ethereum and Bitcoin will soon be on E*Trade

Nike has also filed to trademark the word ‘Crypokicks’. On April 19, 2019 @JoshGerben tweeted his discovery. In the trademark application, Nike states that they plan on “providing a digital currency or digital token for use by members of an online community via a global computer network.” There is also a lot of intentionally vague verbiage throughout the document so speculation is somewhat difficult. We could imagine a shoe that generates crypto for every step taken. Or, they could have their own online exchange platform where people can buy and sell limited edition shoes similar to what StockX does.  

Nike jumps into Blockchain with their Cryptokicks

I’ll add to the hype by including something that is only a rumor as of now. Disney has reportedly made a bid to buy a controlling stake in NXC. NXC owns two major cryptocurrency exchanges, Bitstamp and Korbit. Bitstamp is the world’s longest-running Bitcoin exchange.

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