Clifford Chance

The market for NFTs or cryptoassets representing proof of title to a unique digital version of an underlying asset has grown significantly and the legal and regulatory environment is rapidly evolving.

NFTs have the potential to generate new revenue streams by establishing new forms of digital property and enabling the monetisation of physical assets. Although most NFT activity to date has been in the creative, sports and gaming sectors, their potential application is much broader. Our expert panel demystified the regulatory issues around NFTs and discussed some of the most significant opportunities across major financial centres.