eBay Vault<\/strong>.<\/p>\nDetails of its digital wallet appear to be relatively scant thus far. But there are clues that suggest NFTs could well play a part.<\/p>\n
Last year, eBay began allowing users to trade NFTs on its platform. The firm built its trading empire on providing a marketplace for physical collectibles. As such, a \u201cdigital wallet\u201d could well be little more than a secure, software-based digital home for credit and debit card information.<\/p>\n
But it could also be a wallet capable of storing \u2013 and displaying \u2013 customer NFTs. A further hint came in a promotional YouTube video entitled \u201cAnnouncing the eBay Vault.\u201d<\/p>\n
Although the video contained no direct mention of crypto or NFTs, in one slide, the firm noted that \u201cin the future,\u201d \u201cfractionalization\u201d would be added.<\/p>\n
In the NFT world, fractionalization can refer to the digital ownership of a token, whereby the digital rights of a single NFT are broken up into small pieces \u2013 fractions. This makes it possible for more than one person to \u201cown\u201d an individual NFT. If, for instance, Tommy owns half of Rare NFT #1, it is also possible for Judy and Paul to own a quarter each of the same NFT.<\/p>\n