Everyone seems to be launching their own non-fungible tokens (NFTs) these days, and now the world's largest stock exchange is joining the party. The New York Stock Exchange recently announced that it is minting its own NFTs to celebrate the first trades of several big company listings. The NYSE's first class of NFTs are of Spotify (NYSE: SPOT) -- the first ever direct listing -- and then Snowflake (NYSE: SNOW), Unity (NYSE: U), DoorDash (NYSE: DASH), Roblox (NYSE: RBLX), and Coupang (NYSE: CPNG), which are some of the larger traditional U.S. initial public offerings (IPOs). "Innovation is what we do at the NYSE. We were the first with Direct Listings and at the forefront of the emergence of SPACs [special purpose acquisition companies]. Now we want to help drive this new wave of NFT innovation," NYSE tweeted following the announcement. Image source: Getty Images. NFTs are digital files such as art, video, audio, and other files stored on a blockchain, which is the digital-ledger technology that powers cryptocurrencies. Some NFTs have already sold for tens of millions of dollars. The NYSE NFTs show a 10-second highlight of the first trade slip of the six companies mentioned above. The NYSE implied that there will be many more NFT first trade slips to come. The NFT market has taken hold in recent months, with all sorts of organizations creating their own NFTs from the National Basketball Association launching its own digital trading card to the sale of digital art. The market for NFT assets, as well as for companies getting into the space, has been extremely volatile, so trade with caution. But the new asset class seems to be getting further adoption with each passing day. 10 stocks we like better than Spotify TechnologyWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Spotify Technology wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of February 24, 2021 Bram Berkowitz has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Snowflake Inc., Spotify Technology, and Unity Software Inc.. The Motley Fool recommends Coupang, Inc.. The Motley Fool has a disclosure policy.Source